MICHELETVEIEN 59-61 AS

0160 OSLO

Finances

Share Ownership

Return on Equity

40,77 %

Current Ratio

0,01

Debt-to-Equity Ratio

3,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 014 000	21 903 000	21 747 000	21 397 000
Net Income	10 621 000	14 977 000	13 334 000	12 473 000
Total Assets	139 585 000	148 950 000	149 490 000	161 270 000
Total Equity	26 048 000	26 820 000	24 834 000	22 684 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 014 000	21 903 000	21 747 000	21 397 000
Expenditure	5 988 000	1 990 000	1 940 000	1 924 000
Operating Profit	17 026 000	19 913 000	19 807 000	19 472 000
Financial Income	43 000	5 000	42 000	78 000
Financial Costs	3 452 000	717 000	2 754 000	3 559 000
Financial Balance	−3 409 000	−712 000	−2 712 000	−3 481 000
Earnings Before Tax	13 617 000	19 201 000	17 095 000	15 991 000
Tax	2 996 000	4 224 000	3 761 000	3 518 000
Net Income	10 621 000	14 977 000	13 334 000	12 473 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	139 433 000	144 197 000	145 621 000	147 044 000
Total Current Assets	152 000	4 753 000	3 870 000	14 226 000
Total Assets	139 585 000	148 950 000	149 490 000	161 270 000
Total Retained Equity	9 113 000	9 886 000	7 899 000	5 750 000
Total Equity	26 048 000	26 820 000	24 834 000	22 684 000
Total Long-Term Debt	97 974 000	104 570 000	104 315 000	124 588 000
Total Current Debt	15 563 000	17 560 000	20 342 000	13 998 000
Total Equity and Debt	139 585 000	148 950 000	149 490 000	161 270 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 014 000	0	0	0
Other Income	0	21 903 000	21 747 000	21 397 000
Revenue	23 014 000	21 903 000	21 747 000	21 397 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	4 764 000	1 423 000	1 423 000	1 423 000
Impairment	0	0	0	0
Expenditure	5 988 000	1 990 000	1 940 000	1 924 000
Operating Profit	17 026 000	19 913 000	19 807 000	19 472 000
Financial Income	43 000	5 000	42 000	78 000
Financial Costs	3 452 000	717 000	2 754 000	3 559 000
Financial Balance	−3 409 000	−712 000	−2 712 000	−3 481 000
Dividends	0	0	0	0
Net Income	10 621 000	14 977 000	13 334 000	12 473 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	139 433 000	144 197 000	145 621 000	147 044 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	139 433 000	144 197 000	145 621 000	147 044 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	139 433 000	144 197 000	145 621 000	147 044 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	84 000	4 671 000	3 786 000	14 132 000
Total Current Assets	152 000	4 753 000	3 870 000	14 226 000
Total Assets	139 585 000	148 950 000	149 490 000	161 270 000
Total Equity	26 048 000	26 820 000	24 834 000	22 684 000
Short-Term Group Debt	14 607 000	16 654 000	17 986 000	13 013 000
Total Long-Term Debt	97 974 000	104 570 000	104 315 000	124 588 000
Creditors	0	0	75 000	94 000
Unpaid Taxes	956 000	906 000	0	891 000
Dividends	0	0	0	0
Other Current Debt	0	0	2 282 000	0
Total Current Debt	15 563 000	17 560 000	20 342 000	13 998 000
Total Equity and Debt	139 585 000	148 950 000	149 490 000	161 270 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,77 %	55,84 %	53,69 %	54,99 %
Debt-to-Equity Ratio	3,76	3,9	4,2	5,49
Operating Profit Margin	73,98 %	90,91 %	91,08 %	91 %
Current Ratio	0,01	0,27	0,19	1,02
Quick Ratio	0,01	0,27	0,19	1,02
Equity Ratio	0,19	0,18	0,17	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %