10MILESNORTH AS

8185 VÅGAHOLMEN

Finances

Share Ownership

Return on Equity

11,67 %

Current Ratio

−1,25

Debt-to-Equity Ratio

−3,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 123 000	573 000	300 000	107 000
Net Income	−303 000	−656 000	−425 000	−671 000
Total Assets	6 808 000	6 855 000	3 365 000	3 315 000
Total Equity	−2 596 000	−2 293 000	−1 637 000	−1 212 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 123 000	573 000	300 000	107 000
Expenditure	1 405 000	1 212 000	718 000	775 000
Operating Profit	−282 000	−639 000	−418 000	−667 000
Financial Income	3 000	2 000	3 000	1 000
Financial Costs	23 000	19 000	10 000	4 000
Financial Balance	−20 000	−17 000	−7 000	−3 000
Earnings Before Tax	−303 000	−656 000	−425 000	−671 000
Tax	0	0	0	0
Net Income	−303 000	−656 000	−425 000	−671 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 693 000	6 721 000	3 230 000	3 281 000
Total Current Assets	115 000	134 000	135 000	34 000
Total Assets	6 808 000	6 855 000	3 365 000	3 315 000
Total Retained Equity	−2 696 000	−2 393 000	−1 737 000	−1 312 000
Total Equity	−2 596 000	−2 293 000	−1 637 000	−1 212 000
Total Long-Term Debt	9 495 000	9 239 000	5 043 000	4 381 000
Total Current Debt	−92 000	−90 000	−42 000	147 000
Total Equity and Debt	6 808 000	6 855 000	3 365 000	3 315 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 123 000	573 000	24 000	107 000
Other Income	0	0	276 000	0
Revenue	1 123 000	573 000	300 000	107 000
Cost of Goods Sold	10 000	16 000	0	0
Salary Costs	3 000	0	0	0
Depreciation	346 000	308 000	285 000	253 000
Impairment	0	0	0	0
Expenditure	1 405 000	1 212 000	718 000	775 000
Operating Profit	−282 000	−639 000	−418 000	−667 000
Financial Income	3 000	2 000	3 000	1 000
Financial Costs	23 000	19 000	10 000	4 000
Financial Balance	−20 000	−17 000	−7 000	−3 000
Dividends	0	0	0	0
Net Income	−303 000	−656 000	−425 000	−671 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 730 000	6 036 000	2 123 000	2 220 000
Machinery and Plant Facilities	116 000	246 000	0	0
Fixtures	828 000	0	1 087 000	534 000
Total Tangible Assets	6 674 000	6 703 000	3 211 000	3 281 000
Total Fiancial Fixed Assets	19 000	19 000	19 000	0
Total Fixed Assets	6 693 000	6 721 000	3 230 000	3 281 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 000	58 000	72 000	52 000
Total Current Assets	115 000	134 000	135 000	34 000
Total Assets	6 808 000	6 855 000	3 365 000	3 315 000
Total Equity	−2 596 000	−2 293 000	−1 637 000	−1 212 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 495 000	9 239 000	5 043 000	4 381 000
Creditors	−40 000	−38 000	25 000	118 000
Unpaid Taxes	0	0	−66 000	28 000
Dividends	0	0	0	0
Other Current Debt	−52 000	−52 000	0	0
Total Current Debt	−92 000	−90 000	−42 000	147 000
Total Equity and Debt	6 808 000	6 855 000	3 365 000	3 315 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,67 %	28,61 %	25,96 %	55,36 %
Debt-to-Equity Ratio	−3,66	−4,03	−3,08	−3,61
Operating Profit Margin	−25,11 %	−111,52 %	−139,33 %	−623,36 %
Current Ratio	−1,25	−1,49	−3,21	0,23
Quick Ratio	−1,25	−1,49	−3,21	0,23
Equity Ratio	−0,38	−0,33	−0,49	−0,37
Gross Profit Margin	99,11 %	97,21 %	100 %	100 %