MOLANDSVEIEN 39 AS

4985 VEGÅRSHEI

Finances

Share Ownership

Return on Equity

−11,01 %

Current Ratio

15,88

Debt-to-Equity Ratio

1,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	160 000	145 000	101 000	81 000
Net Income	−58 000	−57 000	−101 000	−102 000
Total Assets	1 232 000	1 354 000	1 471 000	1 780 000
Total Equity	527 000	562 000	580 000	525 000

Income (NOK)	2022	2021	2020	2019
Revenue	160 000	145 000	101 000	81 000
Expenditure	179 000	165 000	162 000	141 000
Operating Profit	−19 000	−21 000	−62 000	−60 000
Financial Income	0	0	0	0
Financial Costs	41 000	39 000	56 000	60 000
Financial Balance	−41 000	−39 000	−56 000	−60 000
Earnings Before Tax	−60 000	−59 000	−118 000	−120 000
Tax	−1 000	−2 000	−16 000	−18 000
Net Income	−58 000	−57 000	−101 000	−102 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 105 000	1 230 000	1 356 000	1 481 000
Total Current Assets	127 000	124 000	115 000	299 000
Total Assets	1 232 000	1 354 000	1 471 000	1 780 000
Total Retained Equity	−216 000	−158 000	−101 000	0
Total Equity	527 000	562 000	580 000	525 000
Total Long-Term Debt	697 000	780 000	863 000	1 230 000
Total Current Debt	8 000	12 000	28 000	26 000
Total Equity and Debt	1 232 000	1 354 000	1 471 000	1 780 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 000	0	0	0
Other Income	143 000	145 000	101 000	81 000
Revenue	160 000	145 000	101 000	81 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	125 000	125 000	125 000	125 000
Impairment	0	0	0	0
Expenditure	179 000	165 000	162 000	141 000
Operating Profit	−19 000	−21 000	−62 000	−60 000
Financial Income	0	0	0	0
Financial Costs	41 000	39 000	56 000	60 000
Financial Balance	−41 000	−39 000	−56 000	−60 000
Dividends	0	0	0	0
Net Income	−58 000	−57 000	−101 000	−102 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 105 000	1 230 000	1 356 000	1 481 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 105 000	1 230 000	1 356 000	1 481 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 105 000	1 230 000	1 356 000	1 481 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	115 000	90 000	112 000	97 000
Total Current Assets	127 000	124 000	115 000	299 000
Total Assets	1 232 000	1 354 000	1 471 000	1 780 000
Total Equity	527 000	562 000	580 000	525 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	697 000	780 000	863 000	1 230 000
Creditors	0	3 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 000	0	0	0
Total Current Debt	8 000	12 000	28 000	26 000
Total Equity and Debt	1 232 000	1 354 000	1 471 000	1 780 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,01 %	−10,14 %	−17,41 %	−19,43 %
Debt-to-Equity Ratio	1,32	1,39	1,49	2,34
Operating Profit Margin	−11,88 %	−14,48 %	−61,39 %	−74,07 %
Current Ratio	15,88	10,33	4,11	11,5
Quick Ratio	15,88	10,33	4,11	11,5
Equity Ratio	0,43	0,42	0,39	0,29
Gross Profit Margin	100 %	100 %	100 %	100 %