MIRAMARE CANNES AS

2836 BIRI

Finances

Share Ownership

Return on Equity

56,18 %

Current Ratio

0,68

Debt-to-Equity Ratio

−3,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	38 000	38 000
Net Income	−1 937 000	−3 338 000	−544 000	−254 000
Total Assets	10 976 000	15 213 000	17 483 000	1 819 000
Total Equity	−3 448 000	−3 481 000	−890 000	−347 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	38 000	38 000
Expenditure	1 804 000	3 234 000	470 000	241 000
Operating Profit	−1 804 000	−3 234 000	−432 000	−202 000
Financial Income	6 000	425 000	223 000	0
Financial Costs	695 000	529 000	335 000	52 000
Financial Balance	−689 000	−104 000	−112 000	−52 000
Earnings Before Tax	−2 492 000	−3 338 000	−544 000	−254 000
Tax	−556 000	0	0	0
Net Income	−1 937 000	−3 338 000	−544 000	−254 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 449 000	8 449 000	14 874 000	1 812 000
Total Current Assets	2 528 000	6 764 000	2 609 000	7 000
Total Assets	10 976 000	15 213 000	17 483 000	1 819 000
Total Retained Equity	−3 478 000	−3 511 000	−910 000	−367 000
Total Equity	−3 448 000	−3 481 000	−890 000	−347 000
Total Long-Term Debt	10 733 000	10 630 000	13 488 000	1 500 000
Total Current Debt	3 691 000	8 064 000	4 885 000	666 000
Total Equity and Debt	10 976 000	15 213 000	17 483 000	1 819 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	38 000	38 000
Revenue	0	0	38 000	38 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	51 000	44 000
Impairment	0	0	0	0
Expenditure	1 804 000	3 234 000	470 000	241 000
Operating Profit	−1 804 000	−3 234 000	−432 000	−202 000
Financial Income	6 000	425 000	223 000	0
Financial Costs	695 000	529 000	335 000	52 000
Financial Balance	−689 000	−104 000	−112 000	−52 000
Dividends	0	0	0	0
Net Income	−1 937 000	−3 338 000	−544 000	−254 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 449 000	8 449 000	14 613 000	1 638 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	261 000	175 000
Total Tangible Assets	8 449 000	8 449 000	14 874 000	1 812 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 449 000	8 449 000	14 874 000	1 812 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	4 210 000	2 570 000	2 000
Total Current Assets	2 528 000	6 764 000	2 609 000	7 000
Total Assets	10 976 000	15 213 000	17 483 000	1 819 000
Total Equity	−3 448 000	−3 481 000	−890 000	−347 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 733 000	10 630 000	13 488 000	1 500 000
Creditors	25 000	10 000	20 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 666 000	8 054 000	4 864 000	666 000
Total Current Debt	3 691 000	8 064 000	4 885 000	666 000
Total Equity and Debt	10 976 000	15 213 000	17 483 000	1 819 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,18 %	95,89 %	61,12 %	73,2 %
Debt-to-Equity Ratio	−3,11	−3,05	−15,16	−4,32
Operating Profit Margin	-	-	−1 136,84 %	−531,58 %
Current Ratio	0,68	0,84	0,53	0,01
Quick Ratio	0,68	0,84	0,53	0,01
Equity Ratio	−0,31	−0,23	−0,05	−0,19
Gross Profit Margin	-	-	100 %	100 %