MG NÆRING FOSS EIKELAND AS

0667 OSLO

Finances

Share Ownership

Return on Equity

−9,27 %

Current Ratio

2,49

Debt-to-Equity Ratio

1,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 655 000	1 552 000	580 000	56 000
Net Income	−1 317 000	722 000	193 000	−92 000
Total Assets	37 451 000	37 682 000	36 325 000	35 523 000
Total Equity	14 208 000	15 526 000	14 804 000	14 610 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 655 000	1 552 000	580 000	56 000
Expenditure	898 000	618 000	328 000	170 000
Operating Profit	757 000	934 000	252 000	−118 000
Financial Income	10 000	0	0	0
Financial Costs	2 456 000	8 000	4 000	1 000
Financial Balance	−2 446 000	−8 000	−4 000	−1 000
Earnings Before Tax	−1 689 000	926 000	248 000	−118 000
Tax	−372 000	204 000	55 000	−26 000
Net Income	−1 317 000	722 000	193 000	−92 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 573 000	36 961 000	35 933 000	35 500 000
Total Current Assets	878 000	721 000	392 000	23 000
Total Assets	37 451 000	37 682 000	36 325 000	35 523 000
Total Retained Equity	0	15 415 000	14 693 000	14 499 000
Total Equity	14 208 000	15 526 000	14 804 000	14 610 000
Total Long-Term Debt	22 890 000	20 631 000	20 679 000	20 738 000
Total Current Debt	352 000	1 525 000	843 000	175 000
Total Equity and Debt	37 450 000	37 682 000	36 326 000	35 523 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 655 000	1 552 000	580 000	56 000
Revenue	1 655 000	1 552 000	580 000	56 000
Cost of Goods Sold	0	0	0	0
Salary Costs	600 000	0	0	0
Depreciation	23 000	0	0	0
Impairment	0	0	0	0
Expenditure	898 000	618 000	328 000	170 000
Operating Profit	757 000	934 000	252 000	−118 000
Financial Income	10 000	0	0	0
Financial Costs	2 456 000	8 000	4 000	1 000
Financial Balance	−2 446 000	−8 000	−4 000	−1 000
Dividends	0	0	0	0
Net Income	−1 317 000	722 000	193 000	−92 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	181 000	0	0	0
Real Eastate	36 392 000	35 500 000	35 933 000	35 500 000
Machinery and Plant Facilities	0	1 461 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	36 392 000	36 961 000	35 933 000	35 500 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	36 573 000	36 961 000	35 933 000	35 500 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	878 000	721 000	392 000	23 000
Total Assets	37 451 000	37 682 000	36 325 000	35 523 000
Total Equity	14 208 000	15 526 000	14 804 000	14 610 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 890 000	20 631 000	20 679 000	20 738 000
Creditors	112 000	58 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	240 000	1 216 000	729 000	131 000
Total Current Debt	352 000	1 525 000	843 000	175 000
Total Equity and Debt	37 450 000	37 682 000	36 326 000	35 523 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,27 %	4,65 %	1,3 %	−0,63 %
Debt-to-Equity Ratio	1,61	1,33	1,4	1,42
Operating Profit Margin	45,74 %	60,18 %	43,45 %	−210,71 %
Current Ratio	2,49	0,47	0,47	0,13
Quick Ratio	2,49	0,47	0,47	0,13
Equity Ratio	0,38	0,41	0,41	0,41
Gross Profit Margin	100 %	100 %	100 %	100 %