MERINOKVARTALET AS

5008 BERGEN

Finances

Share Ownership

Return on Equity

3,85 %

Current Ratio

1,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	8 578 000	10 057 000	10 104 000
Net Income	1 918 000	−2 483 000	−1 847 000	−3 470 000
Total Assets	321 374 000	142 573 000	150 839 000	154 338 000
Total Equity	49 855 000	21 706 000	24 190 000	26 037 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	8 578 000	10 057 000	10 104 000
Expenditure	469 000	6 648 000	6 853 000	6 545 000
Operating Profit	−469 000	1 930 000	3 204 000	3 558 000
Financial Income	3 000	23 000	28 000	38 000
Financial Costs	4 458 000	4 436 000	5 079 000	7 067 000
Financial Balance	−4 455 000	−4 413 000	−5 051 000	−7 029 000
Earnings Before Tax	−4 923 000	−2 483 000	−1 847 000	−3 470 000
Tax	−6 841 000	0	0	0
Net Income	1 918 000	−2 483 000	−1 847 000	−3 470 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	178 000	140 712 000	145 898 000	151 105 000
Total Current Assets	321 196 000	1 862 000	4 940 000	3 233 000
Total Assets	321 374 000	142 573 000	150 839 000	154 338 000
Total Retained Equity	−5 883 000	−7 801 000	−5 318 000	−3 470 000
Total Equity	49 855 000	21 706 000	24 190 000	26 037 000
Total Long-Term Debt	0	120 500 000	126 369 000	127 917 000
Total Current Debt	271 519 000	367 000	280 000	385 000
Total Equity and Debt	321 374 000	142 573 000	150 839 000	154 338 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	8 578 000	10 057 000	10 104 000
Revenue	0	8 578 000	10 057 000	10 104 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	12 000
Depreciation	0	5 207 000	5 207 000	5 160 000
Impairment	0	0	0	0
Expenditure	469 000	6 648 000	6 853 000	6 545 000
Operating Profit	−469 000	1 930 000	3 204 000	3 558 000
Financial Income	3 000	23 000	28 000	38 000
Financial Costs	4 458 000	4 436 000	5 079 000	7 067 000
Financial Balance	−4 455 000	−4 413 000	−5 051 000	−7 029 000
Dividends	0	0	0	0
Net Income	1 918 000	−2 483 000	−1 847 000	−3 470 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	178 000	0	0	0
Real Eastate	0	140 712 000	145 898 000	151 105 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	140 712 000	145 898 000	151 105 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	178 000	140 712 000	145 898 000	151 105 000
Stock	287 103 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	464 000	1 717 000	4 517 000	3 102 000
Total Current Assets	321 196 000	1 862 000	4 940 000	3 233 000
Total Assets	321 374 000	142 573 000	150 839 000	154 338 000
Total Equity	49 855 000	21 706 000	24 190 000	26 037 000
Short-Term Group Debt	240 959 000	0	0	0
Total Long-Term Debt	0	120 500 000	126 369 000	127 917 000
Creditors	9 930 000	139 000	63 000	77 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	19 895 000	228 000	217 000	308 000
Total Current Debt	271 519 000	367 000	280 000	385 000
Total Equity and Debt	321 374 000	142 573 000	150 839 000	154 338 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,85 %	−11,44 %	−7,64 %	−13,33 %
Debt-to-Equity Ratio	0	5,55	5,22	4,91
Operating Profit Margin	-	22,5 %	31,86 %	35,21 %
Current Ratio	1,18	5,07	17,64	8,4
Quick Ratio	−20,61	5,07	17,64	8,4
Equity Ratio	0,16	0,15	0,16	0,17
Gross Profit Margin	-	100 %	100 %	100 %