M20 EIENDOM AS

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

59,98 %

Current Ratio

4,62

Debt-to-Equity Ratio

1,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 197 000	20 751 000	0	0
Net Income	1 175 000	2 302 000	−222 000	−26 000
Total Assets	7 284 000	3 402 000	8 079 000	2 030 000
Total Equity	1 959 000	2 084 000	−218 000	4 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 197 000	20 751 000	0	0
Expenditure	10 539 000	17 620 000	116 000	34 000
Operating Profit	1 658 000	3 131 000	−116 000	−34 000
Financial Income	0	0	0	0
Financial Costs	151 000	179 000	169 000	0
Financial Balance	−151 000	−179 000	−169 000	0
Earnings Before Tax	1 507 000	2 952 000	−284 000	−34 000
Tax	332 000	650 000	−62 000	−7 000
Net Income	1 175 000	2 302 000	−222 000	−26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	1 334 000	69 000	7 000
Total Current Assets	7 284 000	2 068 000	8 010 000	2 023 000
Total Assets	7 284 000	3 402 000	8 079 000	2 030 000
Total Retained Equity	1 929 000	2 054 000	−248 000	−26 000
Total Equity	1 959 000	2 084 000	−218 000	4 000
Total Long-Term Debt	3 750 000	0	0	0
Total Current Debt	1 576 000	1 318 000	8 298 000	2 026 000
Total Equity and Debt	7 284 000	3 402 000	8 079 000	2 030 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 197 000	20 751 000	0	0
Other Income	0	0	0	0
Revenue	12 197 000	20 751 000	0	0
Cost of Goods Sold	9 910 000	16 916 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	10 539 000	17 620 000	116 000	34 000
Operating Profit	1 658 000	3 131 000	−116 000	−34 000
Financial Income	0	0	0	0
Financial Costs	151 000	179 000	169 000	0
Financial Balance	−151 000	−179 000	−169 000	0
Dividends	0	0	0	0
Net Income	1 175 000	2 302 000	−222 000	−26 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	69 000	7 000
Real Eastate	0	1 334 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	1 334 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	1 334 000	69 000	7 000
Stock	5 142 000	2 053 000	8 008 000	2 006 000
Total Investments	0	0	0	0
Cash, Bank	2 143 000	16 000	1 000	16 000
Total Current Assets	7 284 000	2 068 000	8 010 000	2 023 000
Total Assets	7 284 000	3 402 000	8 079 000	2 030 000
Total Equity	1 959 000	2 084 000	−218 000	4 000
Short-Term Group Debt	1 227 000	727 000	8 092 000	1 981 000
Total Long-Term Debt	3 750 000	0	0	0
Creditors	10 000	4 000	199 000	45 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	7 000	7 000	7 000	0
Total Current Debt	1 576 000	1 318 000	8 298 000	2 026 000
Total Equity and Debt	7 284 000	3 402 000	8 079 000	2 030 000

Financial indicators	2022	2021	2020	2019
Return on Equity	59,98 %	110,46 %	101,83 %	−650 %
Debt-to-Equity Ratio	1,91	0	−0	0
Operating Profit Margin	13,59 %	15,09 %	-	-
Current Ratio	4,62	1,57	0,97	1
Quick Ratio	−2,04	−2,81	27,62	101,15
Equity Ratio	0,27	0,61	−0,03	0
Gross Profit Margin	18,75 %	18,48 %	-	-