MICHELSENS TERRASSE AS

5232 PARADIS

Finances

Share Ownership

Return on Equity

−40,31 %

Current Ratio

24,5

Debt-to-Equity Ratio

−54,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	625 000	578 000	681 000	257 000
Net Income	206 000	150 000	194 000	−1 091 000
Total Assets	27 949 000	26 246 000	24 393 000	21 243 000
Total Equity	−511 000	−717 000	−867 000	−1 061 000

Income (NOK)	2022	2021	2020	2019
Revenue	625 000	578 000	681 000	257 000
Expenditure	367 000	391 000	437 000	1 653 000
Operating Profit	258 000	186 000	244 000	−1 396 000
Financial Income	11 000	12 000	9 000	2 000
Financial Costs	5 000	5 000	4 000	5 000
Financial Balance	6 000	7 000	5 000	−3 000
Earnings Before Tax	264 000	193 000	249 000	−1 399 000
Tax	58 000	42 000	55 000	−308 000
Net Income	206 000	150 000	194 000	−1 091 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 393 000	18 451 000	18 494 000	18 549 000
Total Current Assets	9 555 000	7 795 000	5 899 000	2 695 000
Total Assets	27 949 000	26 246 000	24 393 000	21 243 000
Total Retained Equity	−541 000	−747 000	−897 000	−1 091 000
Total Equity	−511 000	−717 000	−867 000	−1 061 000
Total Long-Term Debt	28 069 000	26 498 000	0	15 676 000
Total Current Debt	390 000	465 000	25 260 000	6 628 000
Total Equity and Debt	27 949 000	26 246 000	24 393 000	21 243 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	625 000	578 000	681 000	257 000
Other Income	0	0	0	0
Revenue	625 000	578 000	681 000	257 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	367 000	391 000	437 000	1 653 000
Operating Profit	258 000	186 000	244 000	−1 396 000
Financial Income	11 000	12 000	9 000	2 000
Financial Costs	5 000	5 000	4 000	5 000
Financial Balance	6 000	7 000	5 000	−3 000
Dividends	0	0	0	0
Net Income	206 000	150 000	194 000	−1 091 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	152 000	211 000	253 000	308 000
Real Eastate	18 241 000	18 241 000	18 241 000	18 241 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	18 241 000	18 241 000	18 241 000	18 241 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 393 000	18 451 000	18 494 000	18 549 000
Stock	9 092 000	7 456 000	5 316 000	2 304 000
Total Investments	0	0	0	0
Cash, Bank	438 000	274 000	524 000	387 000
Total Current Assets	9 555 000	7 795 000	5 899 000	2 695 000
Total Assets	27 949 000	26 246 000	24 393 000	21 243 000
Total Equity	−511 000	−717 000	−867 000	−1 061 000
Short-Term Group Debt	0	0	12 074 000	6 293 000
Total Long-Term Debt	28 069 000	26 498 000	0	15 676 000
Creditors	390 000	465 000	473 000	157 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	113 000	178 000
Total Current Debt	390 000	465 000	25 260 000	6 628 000
Total Equity and Debt	27 949 000	26 246 000	24 393 000	21 243 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−40,31 %	−20,92 %	−22,38 %	102,83 %
Debt-to-Equity Ratio	−54,93	−36,96	−0	−14,77
Operating Profit Margin	41,28 %	32,18 %	35,83 %	−543,19 %
Current Ratio	24,5	16,76	0,23	0,41
Quick Ratio	−1,1	−1,12	0,3	0,62
Equity Ratio	−0,02	−0,03	−0,04	−0,05
Gross Profit Margin	100 %	100 %	100 %	100 %