MEENSBORG EIENDOM AS

3711 SKIEN

Finances

Share Ownership

Return on Equity

−4,29 %

Current Ratio

198,75

Debt-to-Equity Ratio

3,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	120 000	120 000	525 000	120 000
Net Income	−26 000	−115 000	143 000	−87 000
Total Assets	2 774 000	2 921 000	3 158 000	3 565 000
Total Equity	606 000	633 000	747 000	604 000

Income (NOK)	2022	2021	2020	2019
Revenue	120 000	120 000	525 000	120 000
Expenditure	45 000	169 000	228 000	92 000
Operating Profit	75 000	−49 000	297 000	28 000
Financial Income	0	0	0	0
Financial Costs	109 000	98 000	114 000	140 000
Financial Balance	−109 000	−98 000	−114 000	−140 000
Earnings Before Tax	−34 000	−147 000	184 000	−112 000
Tax	−7 000	−32 000	40 000	−25 000
Net Income	−26 000	−115 000	143 000	−87 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 980 000	1 972 000	1 957 000	2 580 000
Total Current Assets	795 000	949 000	1 201 000	985 000
Total Assets	2 774 000	2 921 000	3 158 000	3 565 000
Total Retained Equity	116 000	142 000	257 000	114 000
Total Equity	606 000	633 000	747 000	604 000
Total Long-Term Debt	2 164 000	2 286 000	2 413 000	2 461 000
Total Current Debt	4 000	2 000	−2 000	500 000
Total Equity and Debt	2 774 000	2 921 000	3 158 000	3 565 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	120 000	120 000	525 000	120 000
Revenue	120 000	120 000	525 000	120 000
Cost of Goods Sold	0	0	94 000	25 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	45 000	169 000	228 000	92 000
Operating Profit	75 000	−49 000	297 000	28 000
Financial Income	0	0	0	0
Financial Costs	109 000	98 000	114 000	140 000
Financial Balance	−109 000	−98 000	−114 000	−140 000
Dividends	0	0	0	0
Net Income	−26 000	−115 000	143 000	−87 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	23 000	15 000	0	23 000
Real Eastate	1 957 000	1 957 000	1 957 000	2 557 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 957 000	1 957 000	1 957 000	2 557 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 980 000	1 972 000	1 957 000	2 580 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	131 000	288 000	541 000	207 000
Total Current Assets	795 000	949 000	1 201 000	985 000
Total Assets	2 774 000	2 921 000	3 158 000	3 565 000
Total Equity	606 000	633 000	747 000	604 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 164 000	2 286 000	2 413 000	2 461 000
Creditors	3 000	1 000	−2 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 000	1 000	0	500 000
Total Current Debt	4 000	2 000	−2 000	500 000
Total Equity and Debt	2 774 000	2 921 000	3 158 000	3 565 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,29 %	−18,17 %	19,14 %	−14,4 %
Debt-to-Equity Ratio	3,57	3,61	3,23	4,07
Operating Profit Margin	62,5 %	−40,83 %	56,57 %	23,33 %
Current Ratio	198,75	474,5	−600,5	1,97
Quick Ratio	198,75	474,5	−600,5	1,97
Equity Ratio	0,22	0,22	0,24	0,17
Gross Profit Margin	100 %	100 %	82,1 %	79,17 %