MICHAEL KROHNS GATE 44 AS

5057 BERGEN

Finances

Share Ownership

Return on Equity

8,52 %

Current Ratio

0,22

Debt-to-Equity Ratio

0,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	925 000	888 000	819 000	1 440 000
Net Income	497 000	176 000	382 000	2 326 000
Total Assets	11 736 000	11 669 000	11 879 000	11 701 000
Total Equity	5 834 000	5 836 000	6 024 000	5 642 000

Income (NOK)	2022	2021	2020	2019
Revenue	925 000	888 000	819 000	1 440 000
Expenditure	100 000	164 000	67 000	−690 000
Operating Profit	825 000	723 000	752 000	2 131 000
Financial Income	0	0	0	0
Financial Costs	187 000	271 000	262 000	−556 000
Financial Balance	−187 000	−271 000	−262 000	556 000
Earnings Before Tax	638 000	452 000	490 000	2 687 000
Tax	141 000	276 000	108 000	361 000
Net Income	497 000	176 000	382 000	2 326 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 518 000	11 518 000	11 518 000	11 518 000
Total Current Assets	219 000	151 000	362 000	183 000
Total Assets	11 736 000	11 669 000	11 879 000	11 701 000
Total Retained Equity	5 780 000	5 782 000	5 970 000	5 588 000
Total Equity	5 834 000	5 836 000	6 024 000	5 642 000
Total Long-Term Debt	4 921 000	5 047 000	5 213 000	5 527 000
Total Current Debt	981 000	785 000	642 000	532 000
Total Equity and Debt	11 736 000	11 669 000	11 879 000	11 701 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	11 000	0	0
Other Income	925 000	877 000	819 000	1 440 000
Revenue	925 000	888 000	819 000	1 440 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	−956 000
Impairment	0	0	0	0
Expenditure	100 000	164 000	67 000	−690 000
Operating Profit	825 000	723 000	752 000	2 131 000
Financial Income	0	0	0	0
Financial Costs	187 000	271 000	262 000	−556 000
Financial Balance	−187 000	−271 000	−262 000	556 000
Dividends	0	0	0	0
Net Income	497 000	176 000	382 000	2 326 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 518 000	11 518 000	11 518 000	11 518 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	11 518 000	11 518 000	11 518 000	11 518 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 518 000	11 518 000	11 518 000	11 518 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	81 000	28 000	255 000	65 000
Total Current Assets	219 000	151 000	362 000	183 000
Total Assets	11 736 000	11 669 000	11 879 000	11 701 000
Total Equity	5 834 000	5 836 000	6 024 000	5 642 000
Short-Term Group Debt	640 000	467 000	0	0
Total Long-Term Debt	4 921 000	5 047 000	5 213 000	5 527 000
Creditors	61 000	59 000	38 000	36 000
Unpaid Taxes	135 000	135 000	0	0
Dividends	0	0	0	0
Other Current Debt	37 000	16 000	0	0
Total Current Debt	981 000	785 000	642 000	532 000
Total Equity and Debt	11 736 000	11 669 000	11 879 000	11 701 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,52 %	3,02 %	6,34 %	41,23 %
Debt-to-Equity Ratio	0,84	0,86	0,87	0,98
Operating Profit Margin	89,19 %	81,42 %	91,82 %	147,99 %
Current Ratio	0,22	0,19	0,56	0,34
Quick Ratio	0,22	0,19	0,56	0,34
Equity Ratio	0,5	0,5	0,51	0,48
Gross Profit Margin	100 %	100 %	100 %	100 %