MUNICIPIUM AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

43,74 %

Current Ratio

−2,05

Debt-to-Equity Ratio

−0,83

Key figures (NOK)	2021	2020	2019	2018
Revenue	52 000	258 000	221 000	0
Net Income	−786 000	−914 000	−891 000	−14 000
Total Assets	−195 000	851 000	1 757 000	16 000
Total Equity	−1 797 000	−1 011 000	125 000	16 000

Income (NOK)	2021	2020	2019	2018
Revenue	52 000	258 000	221 000	0
Expenditure	839 000	1 175 000	1 105 000	14 000
Operating Profit	−786 000	−917 000	−884 000	−14 000
Financial Income	0	3 000	1 000	0
Financial Costs	0	0	8 000	0
Financial Balance	0	3 000	−7 000	0
Earnings Before Tax	−786 000	−914 000	−891 000	−14 000
Tax	0	0	0	0
Net Income	−786 000	−914 000	−891 000	−14 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	14 000	0	0	0
Total Current Assets	−209 000	851 000	1 757 000	16 000
Total Assets	−195 000	851 000	1 757 000	16 000
Total Retained Equity	−2 822 000	−2 035 000	−900 000	−14 000
Total Equity	−1 797 000	−1 011 000	125 000	16 000
Total Long-Term Debt	1 500 000	1 500 000	1 500 000	0
Total Current Debt	102 000	361 000	132 000	0
Total Equity and Debt	−195 000	851 000	1 757 000	16 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	52 000	0	0	0
Other Income	0	258 000	221 000	0
Revenue	52 000	258 000	221 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	660 000	895 000	901 000	0
Depreciation	6 000	0	0	0
Impairment	0	0	0	0
Expenditure	839 000	1 175 000	1 105 000	14 000
Operating Profit	−786 000	−917 000	−884 000	−14 000
Financial Income	0	3 000	1 000	0
Financial Costs	0	0	8 000	0
Financial Balance	0	3 000	−7 000	0
Dividends	0	0	0	0
Net Income	−786 000	−914 000	−891 000	−14 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	14 000	0	0	0
Total Tangible Assets	14 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	42 000	593 000	1 535 000	16 000
Total Current Assets	−209 000	851 000	1 757 000	16 000
Total Assets	−195 000	851 000	1 757 000	16 000
Total Equity	−1 797 000	−1 011 000	125 000	16 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 500 000	1 500 000	1 500 000	0
Creditors	8 000	7 000	6 000	0
Unpaid Taxes	27 000	44 000	29 000	0
Dividends	0	0	0	0
Other Current Debt	67 000	310 000	96 000	0
Total Current Debt	102 000	361 000	132 000	0
Total Equity and Debt	−195 000	851 000	1 757 000	16 000

Financial indicators	2021	2020	2019	2018
Return on Equity	43,74 %	90,41 %	−712,8 %	−87,5 %
Debt-to-Equity Ratio	−0,83	−1,48	12	0
Operating Profit Margin	−1 511,54 %	−355,43 %	−400 %	-
Current Ratio	−2,05	2,36	13,31	-
Quick Ratio	−2,05	2,36	13,31	-
Equity Ratio	9,22	−1,19	0,07	1
Gross Profit Margin	100 %	100 %	100 %	-