MEIERIKVARTALET UTVIKLING AS

0191 OSLO

Finances

Share Ownership

Return on Equity

−44,09 %

Current Ratio

1,08

Debt-to-Equity Ratio

3,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	854 377 000	657 495 000	6 742 000	12 363 000
Net Income	−55 807 000	21 473 000	−6 982 000	−11 537 000
Total Assets	1 479 780 000	1 533 102 000	886 279 000	694 973 000
Total Equity	126 570 000	182 377 000	160 904 000	167 886 000

Income (NOK)	2022	2021	2020	2019
Revenue	854 377 000	657 495 000	6 742 000	12 363 000
Expenditure	915 534 000	621 839 000	6 240 000	6 988 000
Operating Profit	−61 158 000	35 656 000	502 000	5 375 000
Financial Income	0	0	1 000	11 000
Financial Costs	7 000	4 842 000	9 430 000	20 156 000
Financial Balance	−7 000	−4 842 000	−9 429 000	−20 145 000
Earnings Before Tax	−61 164 000	30 814 000	−8 927 000	−14 770 000
Tax	−5 358 000	9 341 000	−1 945 000	−3 232 000
Net Income	−55 807 000	21 473 000	−6 982 000	−11 537 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	499 273 000	581 849 000	780 860 000	689 344 000
Total Current Assets	980 507 000	951 254 000	105 419 000	5 629 000
Total Assets	1 479 780 000	1 533 102 000	886 279 000	694 973 000
Total Retained Equity	0	0	0	0
Total Equity	126 570 000	182 377 000	160 904 000	167 886 000
Total Long-Term Debt	448 115 000	1 265 701 000	676 465 000	439 400 000
Total Current Debt	905 095 000	85 025 000	48 910 000	87 688 000
Total Equity and Debt	1 479 780 000	1 533 102 000	886 279 000	694 973 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	854 232 000	657 492 000	6 742 000	12 363 000
Other Income	145 000	3 000	0	0
Revenue	854 377 000	657 495 000	6 742 000	12 363 000
Cost of Goods Sold	824 781 000	585 063 000	0	0
Salary Costs	0	26 000	0	0
Depreciation	0	0	0	0
Impairment	73 848 000	0	0	0
Expenditure	915 534 000	621 839 000	6 240 000	6 988 000
Operating Profit	−61 158 000	35 656 000	502 000	5 375 000
Financial Income	0	0	1 000	11 000
Financial Costs	7 000	4 842 000	9 430 000	20 156 000
Financial Balance	−7 000	−4 842 000	−9 429 000	−20 145 000
Dividends	0	0	0	0
Net Income	−55 807 000	21 473 000	−6 982 000	−11 537 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	10 051 000	46 863 000	58 509 000	58 509 000
Total Intangible Assets	10 051 000	46 863 000	58 509 000	58 509 000
Real Eastate	488 934 000	534 859 000	722 267 000	630 792 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	488 934 000	534 859 000	722 267 000	630 792 000
Total Fiancial Fixed Assets	288 000	126 000	84 000	43 000
Total Fixed Assets	499 273 000	581 849 000	780 860 000	689 344 000
Stock	904 185 000	928 821 000	91 629 000	0
Total Investments	0	0	0	0
Cash, Bank	31 641 000	21 375 000	12 113 000	3 380 000
Total Current Assets	980 507 000	951 254 000	105 419 000	5 629 000
Total Assets	1 479 780 000	1 533 102 000	886 279 000	694 973 000
Total Equity	126 570 000	182 377 000	160 904 000	167 886 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	448 115 000	1 265 701 000	676 465 000	439 400 000
Creditors	1 258 000	1 443 000	47 848 000	8 196 000
Unpaid Taxes	0	146 000	82 000	258 000
Dividends	0	0	0	0
Other Current Debt	13 553 000	83 436 000	980 000	79 234 000
Total Current Debt	905 095 000	85 025 000	48 910 000	87 688 000
Total Equity and Debt	1 479 780 000	1 533 102 000	886 279 000	694 973 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−44,09 %	11,77 %	−4,34 %	−6,87 %
Debt-to-Equity Ratio	3,54	6,94	4,2	2,62
Operating Profit Margin	−7,16 %	5,42 %	7,45 %	43,48 %
Current Ratio	1,08	11,19	2,16	0,06
Quick Ratio	1 077,48	−1,13	−2,47	0,06
Equity Ratio	0,09	0,12	0,18	0,24
Gross Profit Margin	3,46 %	11,02 %	100 %	100 %