MJØSTRÅKKET AS

2092 MINNESUND

Finances

Share Ownership

Return on Equity

−486,67 %

Current Ratio

3,71

Debt-to-Equity Ratio

−97,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	431 000	433 000	379 000	384 000
Net Income	146 000	165 000	133 000	142 000
Total Assets	3 055 000	3 005 000	2 974 000	2 982 000
Total Equity	−30 000	−177 000	−342 000	−475 000

Income (NOK)	2022	2021	2020	2019
Revenue	431 000	433 000	379 000	384 000
Expenditure	132 000	122 000	105 000	85 000
Operating Profit	299 000	312 000	274 000	299 000
Financial Income	0	0	0	0
Financial Costs	112 000	100 000	104 000	117 000
Financial Balance	−112 000	−100 000	−104 000	−117 000
Earnings Before Tax	187 000	212 000	171 000	182 000
Tax	41 000	47 000	38 000	40 000
Net Income	146 000	165 000	133 000	142 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 431 000	2 481 000	2 562 000	2 633 000
Total Current Assets	623 000	523 000	412 000	349 000
Total Assets	3 055 000	3 005 000	2 974 000	2 982 000
Total Retained Equity	−60 000	−207 000	−372 000	−505 000
Total Equity	−30 000	−177 000	−342 000	−475 000
Total Long-Term Debt	2 917 000	3 054 000	3 191 000	3 334 000
Total Current Debt	168 000	127 000	125 000	123 000
Total Equity and Debt	3 055 000	3 005 000	2 974 000	2 982 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	47 000	58 000	12 000	23 000
Other Income	384 000	376 000	367 000	361 000
Revenue	431 000	433 000	379 000	384 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	34 000	34 000	34 000	34 000
Impairment	0	0	0	0
Expenditure	132 000	122 000	105 000	85 000
Operating Profit	299 000	312 000	274 000	299 000
Financial Income	0	0	0	0
Financial Costs	112 000	100 000	104 000	117 000
Financial Balance	−112 000	−100 000	−104 000	−117 000
Dividends	0	0	0	0
Net Income	146 000	165 000	133 000	142 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	42 000	58 000	105 000	142 000
Real Eastate	2 389 000	2 423 000	2 457 000	2 491 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 389 000	2 423 000	2 457 000	2 491 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 431 000	2 481 000	2 562 000	2 633 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	606 000	510 000	284 000	224 000
Total Current Assets	623 000	523 000	412 000	349 000
Total Assets	3 055 000	3 005 000	2 974 000	2 982 000
Total Equity	−30 000	−177 000	−342 000	−475 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 917 000	3 054 000	3 191 000	3 334 000
Creditors	18 000	15 000	14 000	11 000
Unpaid Taxes	25 000	23 000	23 000	23 000
Dividends	0	0	0	0
Other Current Debt	101 000	89 000	89 000	90 000
Total Current Debt	168 000	127 000	125 000	123 000
Total Equity and Debt	3 055 000	3 005 000	2 974 000	2 982 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−486,67 %	−93,22 %	−38,89 %	−29,89 %
Debt-to-Equity Ratio	−97,23	−17,25	−9,33	−7,02
Operating Profit Margin	69,37 %	72,06 %	72,3 %	77,86 %
Current Ratio	3,71	4,12	3,3	2,84
Quick Ratio	3,71	4,12	3,3	2,84
Equity Ratio	−0,01	−0,06	−0,11	−0,16
Gross Profit Margin	100 %	100 %	100 %	100 %