MILLERMORLAND AS

3089 HOLMESTRAND

Finances

Share Ownership

Return on Equity

149,77 %

Current Ratio

1,64

Debt-to-Equity Ratio

2,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 141 000	9 136 000	336 000	6 132 000
Net Income	5 215 000	290 000	−255 000	795 000
Total Assets	16 919 000	17 356 000	16 232 000	9 007 000
Total Equity	3 482 000	1 387 000	1 097 000	1 352 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 141 000	9 136 000	336 000	6 132 000
Expenditure	12 985 000	8 390 000	281 000	4 930 000
Operating Profit	7 156 000	746 000	55 000	1 201 000
Financial Income	0	31 000	0	3 000
Financial Costs	470 000	472 000	310 000	209 000
Financial Balance	−470 000	−441 000	−310 000	−206 000
Earnings Before Tax	6 685 000	305 000	−255 000	996 000
Tax	1 471 000	15 000	0	201 000
Net Income	5 215 000	290 000	−255 000	795 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 030 000	8 030 000	8 030 000	8 030 000
Total Current Assets	8 890 000	9 326 000	8 203 000	978 000
Total Assets	16 919 000	17 356 000	16 232 000	9 007 000
Total Retained Equity	3 387 000	1 293 000	1 002 000	1 257 000
Total Equity	3 482 000	1 387 000	1 097 000	1 352 000
Total Long-Term Debt	8 003 000	13 334 000	13 003 000	7 021 000
Total Current Debt	5 434 000	2 635 000	2 133 000	635 000
Total Equity and Debt	16 919 000	17 356 000	16 232 000	9 007 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 805 000	8 800 000	0	5 870 000
Other Income	336 000	336 000	336 000	262 000
Revenue	20 141 000	9 136 000	336 000	6 132 000
Cost of Goods Sold	12 606 000	8 040 000	13 000	4 742 000
Salary Costs	0	1 000	3 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	12 985 000	8 390 000	281 000	4 930 000
Operating Profit	7 156 000	746 000	55 000	1 201 000
Financial Income	0	31 000	0	3 000
Financial Costs	470 000	472 000	310 000	209 000
Financial Balance	−470 000	−441 000	−310 000	−206 000
Dividends	0	0	0	0
Net Income	5 215 000	290 000	−255 000	795 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 030 000	8 030 000	8 030 000	8 030 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 030 000	8 030 000	8 030 000	8 030 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 030 000	8 030 000	8 030 000	8 030 000
Stock	0	8 332 000	8 000 000	88 000
Total Investments	0	0	0	0
Cash, Bank	4 079 000	607 000	203 000	890 000
Total Current Assets	8 890 000	9 326 000	8 203 000	978 000
Total Assets	16 919 000	17 356 000	16 232 000	9 007 000
Total Equity	3 482 000	1 387 000	1 097 000	1 352 000
Short-Term Group Debt	4 656 000	556 000	1 017 000	406 000
Total Long-Term Debt	8 003 000	13 334 000	13 003 000	7 021 000
Creditors	−21 000	560 000	−1 000	9 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	209 000	1 450 000	1 116 000	20 000
Total Current Debt	5 434 000	2 635 000	2 133 000	635 000
Total Equity and Debt	16 919 000	17 356 000	16 232 000	9 007 000

Financial indicators	2022	2021	2020	2019
Return on Equity	149,77 %	20,91 %	−23,25 %	58,8 %
Debt-to-Equity Ratio	2,3	9,61	11,85	5,19
Operating Profit Margin	35,53 %	8,17 %	16,37 %	19,59 %
Current Ratio	1,64	3,54	3,85	1,54
Quick Ratio	1,64	−1,64	−1,4	1,79
Equity Ratio	0,21	0,08	0,07	0,15
Gross Profit Margin	37,41 %	12 %	96,13 %	22,67 %