MICHAEL KROHNS GATE 27-29 AS

5034 BERGEN

Finances

Share Ownership

Return on Equity

−16,64 %

Current Ratio

5,06

Debt-to-Equity Ratio

11,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	660 000	1 272 000	67 000
Net Income	−203 000	−430 000	31 000	−13 000
Total Assets	18 548 000	17 511 000	13 025 000	12 261 000
Total Equity	1 220 000	1 423 000	1 853 000	1 821 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	660 000	1 272 000	67 000
Expenditure	203 000	727 000	752 000	51 000
Operating Profit	−203 000	−68 000	520 000	16 000
Financial Income	0	3 000	0	0
Financial Costs	0	366 000	386 000	21 000
Financial Balance	0	−363 000	−386 000	−21 000
Earnings Before Tax	−203 000	−430 000	133 000	−5 000
Tax	0	0	102 000	8 000
Net Income	−203 000	−430 000	31 000	−13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	16 979 000	12 624 000	12 261 000
Total Current Assets	18 548 000	532 000	401 000	0
Total Assets	18 548 000	17 511 000	13 025 000	12 261 000
Total Retained Equity	124 000	326 000	756 000	725 000
Total Equity	1 220 000	1 423 000	1 853 000	1 821 000
Total Long-Term Debt	13 665 000	12 718 000	9 810 000	10 434 000
Total Current Debt	3 662 000	3 371 000	1 362 000	6 000
Total Equity and Debt	18 548 000	17 511 000	13 025 000	12 261 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	660 000	1 272 000	67 000
Revenue	0	660 000	1 272 000	67 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	245 000	245 000	0
Impairment	0	0	0	0
Expenditure	203 000	727 000	752 000	51 000
Operating Profit	−203 000	−68 000	520 000	16 000
Financial Income	0	3 000	0	0
Financial Costs	0	366 000	386 000	21 000
Financial Balance	0	−363 000	−386 000	−21 000
Dividends	0	0	0	0
Net Income	−203 000	−430 000	31 000	−13 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	16 979 000	12 624 000	12 261 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	16 979 000	12 624 000	12 261 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	16 979 000	12 624 000	12 261 000
Stock	18 490 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	43 000	220 000	156 000	0
Total Current Assets	18 548 000	532 000	401 000	0
Total Assets	18 548 000	17 511 000	13 025 000	12 261 000
Total Equity	1 220 000	1 423 000	1 853 000	1 821 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 665 000	12 718 000	9 810 000	10 434 000
Creditors	3 649 000	3 087 000	671 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	13 000	284 000	582 000	5 000
Total Current Debt	3 662 000	3 371 000	1 362 000	6 000
Total Equity and Debt	18 548 000	17 511 000	13 025 000	12 261 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,64 %	−30,22 %	1,67 %	−0,71 %
Debt-to-Equity Ratio	11,2	8,94	5,29	5,73
Operating Profit Margin	-	−10,3 %	40,88 %	23,88 %
Current Ratio	5,06	0,16	0,29	0
Quick Ratio	−1,25	0,16	0,29	0
Equity Ratio	0,07	0,08	0,14	0,15
Gross Profit Margin	-	100 %	100 %	100 %