MG NÆRING FREKHAUG AS

0667 OSLO

Finances

Share Ownership

Return on Equity

−16,74 %

Current Ratio

0,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	687 000	0	0	0
Net Income	−146 000	−223 000	−25 000	−404 000
Total Assets	42 682 000	8 724 000	8 295 000	8 021 000
Total Equity	872 000	1 017 000	1 240 000	1 266 000

Income (NOK)	2022	2021	2020	2019
Revenue	687 000	0	0	0
Expenditure	316 000	223 000	25 000	127 000
Operating Profit	371 000	−223 000	−25 000	−127 000
Financial Income	1 000	0	0	0
Financial Costs	684 000	0	0	277 000
Financial Balance	−683 000	0	0	−277 000
Earnings Before Tax	−311 000	−223 000	−25 000	−404 000
Tax	−166 000	0	0	0
Net Income	−146 000	−223 000	−25 000	−404 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 299 000	8 704 000	8 272 000	7 988 000
Total Current Assets	383 000	20 000	23 000	33 000
Total Assets	42 682 000	8 724 000	8 295 000	8 021 000
Total Retained Equity	−798 000	−653 000	−430 000	−404 000
Total Equity	872 000	1 017 000	1 240 000	1 266 000
Total Long-Term Debt	0	7 405 000	7 055 000	6 755 000
Total Current Debt	41 811 000	302 000	0	0
Total Equity and Debt	42 682 000	8 724 000	8 295 000	8 021 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	687 000	0	0	0
Revenue	687 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	85 000	0	0	0
Impairment	0	0	0	0
Expenditure	316 000	223 000	25 000	127 000
Operating Profit	371 000	−223 000	−25 000	−127 000
Financial Income	1 000	0	0	0
Financial Costs	684 000	0	0	277 000
Financial Balance	−683 000	0	0	−277 000
Dividends	0	0	0	0
Net Income	−146 000	−223 000	−25 000	−404 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	166 000	0	0	0
Real Eastate	42 134 000	8 704 000	8 272 000	7 988 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	42 134 000	8 704 000	8 272 000	7 988 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	42 299 000	8 704 000	8 272 000	7 988 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	8 000	14 000	30 000
Total Current Assets	383 000	20 000	23 000	33 000
Total Assets	42 682 000	8 724 000	8 295 000	8 021 000
Total Equity	872 000	1 017 000	1 240 000	1 266 000
Short-Term Group Debt	42 708 000	0	0	0
Total Long-Term Debt	0	7 405 000	7 055 000	6 755 000
Creditors	779 000	101 000	0	0
Unpaid Taxes	−1 676 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	201 000	0	0
Total Current Debt	41 811 000	302 000	0	0
Total Equity and Debt	42 682 000	8 724 000	8 295 000	8 021 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,74 %	−21,93 %	−2,02 %	−31,91 %
Debt-to-Equity Ratio	0	7,28	5,69	5,34
Operating Profit Margin	54 %	-	-	-
Current Ratio	0,01	0,07	-	-
Quick Ratio	0,01	0,07	-	-
Equity Ratio	0,02	0,12	0,15	0,16
Gross Profit Margin	100 %	-	-	-