MODLIN EIENDOMSUTVIKLING AS

7260 SISTRANDA

Finances

Share Ownership

Return on Equity

63,37 %

Current Ratio

Debt-to-Equity Ratio

−8,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 656 000	2 216 000	1 856 000	959 000
Net Income	−1 932 000	−856 000	−938 000	−431 000
Total Assets	24 099 000	22 264 000	20 926 000	16 447 000
Total Equity	−3 049 000	−1 117 000	939 000	777 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 656 000	2 216 000	1 856 000	959 000
Expenditure	4 007 000	2 536 000	2 355 000	1 128 000
Operating Profit	−1 352 000	−319 000	−499 000	−169 000
Financial Income	3 000	0	2 000	3 000
Financial Costs	1 128 000	778 000	706 000	386 000
Financial Balance	−1 125 000	−778 000	−704 000	−383 000
Earnings Before Tax	−2 477 000	−1 097 000	−1 203 000	−553 000
Tax	−545 000	−241 000	−265 000	−122 000
Net Income	−1 932 000	−856 000	−938 000	−431 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 438 000	20 875 000	18 545 000	15 709 000
Total Current Assets	661 000	1 389 000	2 381 000	739 000
Total Assets	24 099 000	22 264 000	20 926 000	16 447 000
Total Retained Equity	−4 162 000	−2 230 000	−1 373 000	−435 000
Total Equity	−3 049 000	−1 117 000	939 000	777 000
Total Long-Term Debt	26 929 000	21 901 000	19 906 000	15 533 000
Total Current Debt	220 000	1 480 000	81 000	137 000
Total Equity and Debt	24 099 000	22 264 000	20 926 000	16 447 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 000	0	1 000	0
Other Income	2 651 000	2 216 000	1 856 000	959 000
Revenue	2 656 000	2 216 000	1 856 000	959 000
Cost of Goods Sold	0	51 000	6 000	0
Salary Costs	516 000	412 000	278 000	105 000
Depreciation	923 000	779 000	668 000	397 000
Impairment	0	0	0	0
Expenditure	4 007 000	2 536 000	2 355 000	1 128 000
Operating Profit	−1 352 000	−319 000	−499 000	−169 000
Financial Income	3 000	0	2 000	3 000
Financial Costs	1 128 000	778 000	706 000	386 000
Financial Balance	−1 125 000	−778 000	−704 000	−383 000
Dividends	0	0	0	0
Net Income	−1 932 000	−856 000	−938 000	−431 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 176 000	632 000	391 000	126 000
Real Eastate	22 262 000	20 230 000	18 127 000	15 582 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	14 000	27 000	0
Total Tangible Assets	22 262 000	20 244 000	18 155 000	15 582 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	23 438 000	20 875 000	18 545 000	15 709 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	692 000	134 000	1 111 000	667 000
Total Current Assets	661 000	1 389 000	2 381 000	739 000
Total Assets	24 099 000	22 264 000	20 926 000	16 447 000
Total Equity	−3 049 000	−1 117 000	939 000	777 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	26 929 000	21 901 000	19 906 000	15 533 000
Creditors	16 000	57 000	34 000	100 000
Unpaid Taxes	14 000	5 000	14 000	22 000
Dividends	0	0	0	0
Other Current Debt	190 000	1 419 000	34 000	15 000
Total Current Debt	220 000	1 480 000	81 000	137 000
Total Equity and Debt	24 099 000	22 264 000	20 926 000	16 447 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,37 %	76,63 %	−99,89 %	−55,47 %
Debt-to-Equity Ratio	−8,83	−19,61	21,2	19,99
Operating Profit Margin	−50,9 %	−14,4 %	−26,89 %	−17,62 %
Current Ratio	3	0,94	29,4	5,39
Quick Ratio	3	0,94	29,4	5,39
Equity Ratio	−0,13	−0,05	0,04	0,05
Gross Profit Margin	100 %	97,7 %	99,68 %	100 %