CHRISTIAN MICHELSENS EIENDOM AS

5014 BERGEN

Finances

Share Ownership

Return on Equity

3,16 %

Current Ratio

16,01

Debt-to-Equity Ratio

6,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 779 000	2 639 000	2 769 000	2 799 000
Net Income	132 000	369 000	390 000	252 000
Total Assets	30 093 000	27 257 000	27 890 000	28 546 000
Total Equity	4 176 000	1 259 000	890 000	500 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 779 000	2 639 000	2 769 000	2 799 000
Expenditure	1 548 000	1 359 000	1 355 000	1 218 000
Operating Profit	1 231 000	1 280 000	1 414 000	1 582 000
Financial Income	0	0	0	3 000
Financial Costs	1 062 000	838 000	947 000	1 280 000
Financial Balance	−1 062 000	−838 000	−947 000	−1 277 000
Earnings Before Tax	169 000	442 000	467 000	304 000
Tax	38 000	73 000	77 000	53 000
Net Income	132 000	369 000	390 000	252 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 395 000	27 159 000	27 780 000	28 433 000
Total Current Assets	3 698 000	98 000	110 000	113 000
Total Assets	30 093 000	27 257 000	27 890 000	28 546 000
Total Retained Equity	−884 000	−230 000	−599 000	−989 000
Total Equity	4 176 000	1 259 000	890 000	500 000
Total Long-Term Debt	25 686 000	25 777 000	26 840 000	27 889 000
Total Current Debt	231 000	222 000	160 000	157 000
Total Equity and Debt	30 093 000	27 257 000	27 890 000	28 546 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 779 000	2 639 000	2 769 000	2 799 000
Revenue	2 779 000	2 639 000	2 769 000	2 799 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	579 000	578 000	576 000	576 000
Impairment	0	0	0	0
Expenditure	1 548 000	1 359 000	1 355 000	1 218 000
Operating Profit	1 231 000	1 280 000	1 414 000	1 582 000
Financial Income	0	0	0	3 000
Financial Costs	1 062 000	838 000	947 000	1 280 000
Financial Balance	−1 062 000	−838 000	−947 000	−1 277 000
Dividends	0	0	0	0
Net Income	132 000	369 000	390 000	252 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	185 000	258 000	335 000
Real Eastate	25 973 000	26 503 000	27 003 000	27 531 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	422 000	470 000	519 000	567 000
Total Tangible Assets	26 395 000	26 973 000	27 522 000	28 098 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	26 395 000	27 159 000	27 780 000	28 433 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	123 000	89 000	5 000	113 000
Total Current Assets	3 698 000	98 000	110 000	113 000
Total Assets	30 093 000	27 257 000	27 890 000	28 546 000
Total Equity	4 176 000	1 259 000	890 000	500 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	25 686 000	25 777 000	26 840 000	27 889 000
Creditors	58 000	4 000	42 000	13 000
Unpaid Taxes	76 000	61 000	66 000	50 000
Dividends	0	0	0	0
Other Current Debt	97 000	156 000	52 000	95 000
Total Current Debt	231 000	222 000	160 000	157 000
Total Equity and Debt	30 093 000	27 257 000	27 890 000	28 546 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,16 %	29,31 %	43,82 %	50,4 %
Debt-to-Equity Ratio	6,15	20,47	30,16	55,78
Operating Profit Margin	44,3 %	48,5 %	51,07 %	56,52 %
Current Ratio	16,01	0,44	0,69	0,72
Quick Ratio	16,01	0,44	0,69	0,72
Equity Ratio	0,14	0,05	0,03	0,02
Gross Profit Margin	100 %	100 %	100 %	100 %