MICHELETVEIEN 28 AS

1462 FJELLHAMAR

Finances

Share Ownership

Return on Equity

131,33 %

Current Ratio

2,95

Debt-to-Equity Ratio

−120,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	858 000	892 000	844 000	381 000
Net Income	−109 000	−53 000	25 000	24 000
Total Assets	10 026 000	10 402 000	10 423 000	10 498 000
Total Equity	−83 000	26 000	79 000	54 000

Income (NOK)	2022	2021	2020	2019
Revenue	858 000	892 000	844 000	381 000
Expenditure	627 000	477 000	328 000	135 000
Operating Profit	231 000	415 000	517 000	246 000
Financial Income	0	0	0	0
Financial Costs	311 000	424 000	426 000	191 000
Financial Balance	−311 000	−424 000	−426 000	−191 000
Earnings Before Tax	−80 000	−9 000	91 000	56 000
Tax	28 000	44 000	66 000	31 000
Net Income	−109 000	−53 000	25 000	24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 772 000	9 981 000	10 250 000	10 369 000
Total Current Assets	254 000	421 000	173 000	129 000
Total Assets	10 026 000	10 402 000	10 423 000	10 498 000
Total Retained Equity	−113 000	−4 000	49 000	24 000
Total Equity	−83 000	26 000	79 000	54 000
Total Long-Term Debt	10 023 000	10 309 000	10 218 000	10 360 000
Total Current Debt	86 000	67 000	126 000	83 000
Total Equity and Debt	10 026 000	10 402 000	10 423 000	10 498 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	858 000	892 000	844 000	381 000
Revenue	858 000	892 000	844 000	381 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	209 000	209 000	209 000	87 000
Impairment	0	0	0	0
Expenditure	627 000	477 000	328 000	135 000
Operating Profit	231 000	415 000	517 000	246 000
Financial Income	0	0	0	0
Financial Costs	311 000	424 000	426 000	191 000
Financial Balance	−311 000	−424 000	−426 000	−191 000
Dividends	0	0	0	0
Net Income	−109 000	−53 000	25 000	24 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 742 000	9 951 000	10 160 000	10 369 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	9 742 000	9 951 000	10 160 000	10 369 000
Total Fiancial Fixed Assets	30 000	30 000	90 000	0
Total Fixed Assets	9 772 000	9 981 000	10 250 000	10 369 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	198 000	385 000	173 000	129 000
Total Current Assets	254 000	421 000	173 000	129 000
Total Assets	10 026 000	10 402 000	10 423 000	10 498 000
Total Equity	−83 000	26 000	79 000	54 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 023 000	10 309 000	10 218 000	10 360 000
Creditors	0	3 000	26 000	13 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	58 000	20 000	34 000	39 000
Total Current Debt	86 000	67 000	126 000	83 000
Total Equity and Debt	10 026 000	10 402 000	10 423 000	10 498 000

Financial indicators	2022	2021	2020	2019
Return on Equity	131,33 %	−203,85 %	31,65 %	44,44 %
Debt-to-Equity Ratio	−120,76	396,5	129,34	191,85
Operating Profit Margin	26,92 %	46,52 %	61,26 %	64,57 %
Current Ratio	2,95	6,28	1,37	1,55
Quick Ratio	2,95	6,28	1,37	1,55
Equity Ratio	−0,01	0	0,01	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %