MJÅVAND AS

4611 KRISTIANSAND S

Finances

Return on Equity

19,47 %

Current Ratio

0,27

Debt-to-Equity Ratio

1,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 959 000	11 278 000	8 125 000	0
Net Income	36 010 000	364 000	−2 451 000	−7 831 000
Total Assets	462 062 000	408 054 000	391 985 000	328 370 000
Total Equity	184 905 000	56 348 000	55 984 000	58 435 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 959 000	11 278 000	8 125 000	0
Expenditure	−24 200 000	64 000	52 000	48 000
Operating Profit	52 158 000	11 213 000	8 073 000	−48 000
Financial Income	3 161 000	2 991 000	34 000	8 000
Financial Costs	9 153 000	13 737 000	11 250 000	9 999 000
Financial Balance	−5 992 000	−10 746 000	−11 216 000	−9 991 000
Earnings Before Tax	46 166 000	467 000	−3 143 000	−10 039 000
Tax	10 157 000	103 000	−691 000	−2 209 000
Net Income	36 010 000	364 000	−2 451 000	−7 831 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	456 479 000	396 716 000	383 828 000	328 312 000
Total Current Assets	5 583 000	11 338 000	8 158 000	58 000
Total Assets	462 062 000	408 054 000	391 985 000	328 370 000
Total Retained Equity	143 933 000	376 000	12 000	12 000
Total Equity	184 905 000	56 348 000	55 984 000	58 435 000
Total Long-Term Debt	256 188 000	347 262 000	331 558 000	265 488 000
Total Current Debt	20 969 000	4 444 000	4 444 000	4 448 000
Total Equity and Debt	462 062 000	408 054 000	391 985 000	328 370 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 959 000	0	0	0
Other Income	0	11 278 000	8 125 000	0
Revenue	27 959 000	11 278 000	8 125 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	−29 000 000	0	0	0
Impairment	0	0	0	0
Expenditure	−24 200 000	64 000	52 000	48 000
Operating Profit	52 158 000	11 213 000	8 073 000	−48 000
Financial Income	3 161 000	2 991 000	34 000	8 000
Financial Costs	9 153 000	13 737 000	11 250 000	9 999 000
Financial Balance	−5 992 000	−10 746 000	−11 216 000	−9 991 000
Dividends	0	0	0	0
Net Income	36 010 000	364 000	−2 451 000	−7 831 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	3 861 000	3 964 000	3 272 000
Real Eastate	399 000 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	399 000 000	0	0	0
Total Fiancial Fixed Assets	57 479 000	392 855 000	379 864 000	325 040 000
Total Fixed Assets	456 479 000	396 716 000	383 828 000	328 312 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 779 000	61 000	33 000	58 000
Total Current Assets	5 583 000	11 338 000	8 158 000	58 000
Total Assets	462 062 000	408 054 000	391 985 000	328 370 000
Total Equity	184 905 000	56 348 000	55 984 000	58 435 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	256 188 000	347 262 000	331 558 000	265 488 000
Creditors	2 962 000	0	0	4 000
Unpaid Taxes	1 126 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 732 000	4 444 000	4 444 000	4 444 000
Total Current Debt	20 969 000	4 444 000	4 444 000	4 448 000
Total Equity and Debt	462 062 000	408 054 000	391 985 000	328 370 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,47 %	0,65 %	−4,38 %	−13,4 %
Debt-to-Equity Ratio	1,39	6,16	5,92	4,54
Operating Profit Margin	186,55 %	99,42 %	99,36 %	-
Current Ratio	0,27	2,55	1,84	0,01
Quick Ratio	0,27	2,55	1,84	0,01
Equity Ratio	0,4	0,14	0,14	0,18
Gross Profit Margin	100 %	100 %	100 %	-