MIKHEIM AS

2005 RÆLINGEN

Finances

Return on Equity

20,26 %

Current Ratio

12,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	3 029 000	16 213 000	0	−6 000
Total Assets	16 295 000	16 358 000	24 000	24 000
Total Equity	14 951 000	11 922 000	24 000	24 000

Income (NOK)	2022	2021	2019
Revenue	0	0	0
Expenditure	22 000	18 000	6 000
Operating Profit	−22 000	−18 000	−6 000
Financial Income	3 075 000	16 333 000	0
Financial Costs	85 000	0	0
Financial Balance	2 990 000	16 333 000	0
Earnings Before Tax	2 969 000	16 315 000	−6 000
Tax	−60 000	103 000	0
Net Income	3 029 000	16 213 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 000	10 000	10 000	10 000
Total Current Assets	16 285 000	16 348 000	14 000	14 000
Total Assets	16 295 000	16 358 000	24 000	24 000
Total Retained Equity	14 921 000	11 892 000	−6 000	−6 000
Total Equity	14 951 000	11 922 000	24 000	24 000
Total Long-Term Debt	1 000	81 000	0	0
Total Current Debt	1 343 000	4 355 000	0	0
Total Equity and Debt	16 295 000	16 358 000	24 000	24 000

Cash flow (NOK)	2022	2021	2019
Sales Income	0	0	0
Other Income	0	0	0
Revenue	0	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	22 000	18 000	6 000
Operating Profit	−22 000	−18 000	−6 000
Financial Income	3 075 000	16 333 000	0
Financial Costs	85 000	0	0
Financial Balance	2 990 000	16 333 000	0
Dividends	0	4 315 000	0
Net Income	3 029 000	16 213 000	−6 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	10 000	10 000	10 000	10 000
Stock	0	0	0	0
Total Investments	5 915 000	0	0	0
Cash, Bank	5 336 000	1 200 000	14 000	14 000
Total Current Assets	16 285 000	16 348 000	14 000	14 000
Total Assets	16 295 000	16 358 000	24 000	24 000
Total Equity	14 951 000	11 922 000	24 000	24 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	81 000	0	0
Creditors	21 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	4 315 000	0	0
Other Current Debt	1 302 000	19 000	0	0
Total Current Debt	1 343 000	4 355 000	0	0
Total Equity and Debt	16 295 000	16 358 000	24 000	24 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,26 %	135,99 %	0 %	−25 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	12,13	3,75	-	-
Quick Ratio	12,13	3,75	-	-
Equity Ratio	0,92	0,73	1	1
Gross Profit Margin	-	-	-	-