MEIERIGAARDEN B2 AS

3946 PORSGRUNN

Finances

Share Ownership

Return on Equity

40,71 %

Current Ratio

1,55

Debt-to-Equity Ratio

−6,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	60 000	49 000	0	0
Net Income	−782 000	−826 000	−930 000	−738 000
Total Assets	10 419 000	10 982 000	11 741 000	15 376 000
Total Equity	−1 921 000	−1 139 000	−313 000	616 000

Income (NOK)	2022	2021	2020	2019
Revenue	60 000	49 000	0	0
Expenditure	270 000	479 000	470 000	430 000
Operating Profit	−210 000	−430 000	−470 000	−430 000
Financial Income	0	20 000	0	128 000
Financial Costs	572 000	416 000	460 000	437 000
Financial Balance	−572 000	−396 000	−460 000	−309 000
Earnings Before Tax	−782 000	−826 000	−930 000	−738 000
Tax	0	0	0	0
Net Income	−782 000	−826 000	−930 000	−738 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 891 000	9 981 000	10 306 000	15 303 000
Total Current Assets	528 000	1 001 000	1 435 000	73 000
Total Assets	10 419 000	10 982 000	11 741 000	15 376 000
Total Retained Equity	−4 185 000	−3 403 000	−2 577 000	−1 647 000
Total Equity	−1 921 000	−1 139 000	−313 000	616 000
Total Long-Term Debt	12 000 000	12 000 000	12 000 000	13 546 000
Total Current Debt	340 000	121 000	54 000	1 214 000
Total Equity and Debt	10 419 000	10 982 000	11 741 000	15 376 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	49 000	0	0
Other Income	60 000	0	0	0
Revenue	60 000	49 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	20 000	0	0	0
Depreciation	183 000	325 000	325 000	325 000
Impairment	0	0	0	0
Expenditure	270 000	479 000	470 000	430 000
Operating Profit	−210 000	−430 000	−470 000	−430 000
Financial Income	0	20 000	0	128 000
Financial Costs	572 000	416 000	460 000	437 000
Financial Balance	−572 000	−396 000	−460 000	−309 000
Dividends	0	0	0	0
Net Income	−782 000	−826 000	−930 000	−738 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	896 000	896 000	896 000	896 000
Real Eastate	8 901 000	9 085 000	9 410 000	9 734 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 901 000	9 085 000	9 410 000	9 734 000
Total Fiancial Fixed Assets	93 000	0	0	4 673 000
Total Fixed Assets	9 891 000	9 981 000	10 306 000	15 303 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	516 000	512 000	21 000	73 000
Total Current Assets	528 000	1 001 000	1 435 000	73 000
Total Assets	10 419 000	10 982 000	11 741 000	15 376 000
Total Equity	−1 921 000	−1 139 000	−313 000	616 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 000 000	12 000 000	12 000 000	13 546 000
Creditors	134 000	119 000	44 000	12 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	206 000	3 000	10 000	1 202 000
Total Current Debt	340 000	121 000	54 000	1 214 000
Total Equity and Debt	10 419 000	10 982 000	11 741 000	15 376 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,71 %	72,52 %	297,12 %	−119,81 %
Debt-to-Equity Ratio	−6,25	−10,54	−38,34	21,99
Operating Profit Margin	−350 %	−877,55 %	-	-
Current Ratio	1,55	8,27	26,57	0,06
Quick Ratio	1,55	8,27	26,57	0,06
Equity Ratio	−0,18	−0,1	−0,03	0,04
Gross Profit Margin	100 %	100 %	-	-