M SKULEVOLD AS

4016 STAVANGER

Finances

Share Ownership

Return on Equity

52,42 %

Current Ratio

7,56

Debt-to-Equity Ratio

−1,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	210 000	205 000	205 000	205 000
Net Income	−510 000	−382 000	−315 000	−46 000
Total Assets	1 032 000	1 000 000	487 000	736 000
Total Equity	−973 000	−463 000	−81 000	234 000

Income (NOK)	2022	2021	2020	2019
Revenue	210 000	205 000	205 000	205 000
Expenditure	625 000	528 000	500 000	239 000
Operating Profit	−415 000	−324 000	−295 000	−35 000
Financial Income	0	0	0	0
Financial Costs	95 000	58 000	21 000	11 000
Financial Balance	−95 000	−58 000	−21 000	−11 000
Earnings Before Tax	−510 000	−382 000	−315 000	−46 000
Tax	0	0	0	0
Net Income	−510 000	−382 000	−315 000	−46 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	519 000	589 000	430 000	330 000
Total Current Assets	514 000	411 000	57 000	406 000
Total Assets	1 032 000	1 000 000	487 000	736 000
Total Retained Equity	−1 073 000	−563 000	−181 000	134 000
Total Equity	−973 000	−463 000	−81 000	234 000
Total Long-Term Debt	1 938 000	1 408 000	446 000	496 000
Total Current Debt	68 000	55 000	123 000	6 000
Total Equity and Debt	1 032 000	1 000 000	487 000	736 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	210 000	205 000	205 000	205 000
Revenue	210 000	205 000	205 000	205 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	71 000	49 000	34 000	7 000
Impairment	0	0	0	0
Expenditure	625 000	528 000	500 000	239 000
Operating Profit	−415 000	−324 000	−295 000	−35 000
Financial Income	0	0	0	0
Financial Costs	95 000	58 000	21 000	11 000
Financial Balance	−95 000	−58 000	−21 000	−11 000
Dividends	0	0	0	0
Net Income	−510 000	−382 000	−315 000	−46 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	519 000	589 000	430 000	330 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	519 000	589 000	430 000	330 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	519 000	589 000	430 000	330 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	239 000	244 000	20 000	347 000
Total Current Assets	514 000	411 000	57 000	406 000
Total Assets	1 032 000	1 000 000	487 000	736 000
Total Equity	−973 000	−463 000	−81 000	234 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 938 000	1 408 000	446 000	496 000
Creditors	10 000	1 000	122 000	5 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	57 000	54 000	1 000	1 000
Total Current Debt	68 000	55 000	123 000	6 000
Total Equity and Debt	1 032 000	1 000 000	487 000	736 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,42 %	82,51 %	388,89 %	−19,66 %
Debt-to-Equity Ratio	−1,99	−3,04	−5,51	2,12
Operating Profit Margin	−197,62 %	−158,05 %	−143,9 %	−17,07 %
Current Ratio	7,56	7,47	0,46	67,67
Quick Ratio	7,56	7,47	0,46	67,67
Equity Ratio	−0,94	−0,46	−0,17	0,32
Gross Profit Margin	100 %	100 %	100 %	100 %