M. GUSTAVSEN AS

2743 HARESTUA

Finances

Return on Equity

7,19 %

Current Ratio

40,14

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020
Revenue	48 000	48 000	20 000
Net Income	206 000	268 000	−30 000
Total Assets	3 172 000	3 300 000	2 933 000
Total Equity	2 865 000	2 659 000	2 390 000

Income (NOK)	2022	2021	2020
Revenue	48 000	48 000	20 000
Expenditure	64 000	81 000	37 000
Operating Profit	−16 000	−33 000	−17 000
Financial Income	240 000	320 000	0
Financial Costs	18 000	18 000	14 000
Financial Balance	222 000	302 000	−14 000
Earnings Before Tax	206 000	268 000	−30 000
Tax	0	0	0
Net Income	206 000	268 000	−30 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 891 000	2 909 000	2 928 000
Total Current Assets	281 000	391 000	5 000
Total Assets	3 172 000	3 300 000	2 933 000
Total Retained Equity	444 000	238 000	−30 000
Total Equity	2 865 000	2 659 000	2 390 000
Total Long-Term Debt	300 000	340 000	380 000
Total Current Debt	7 000	301 000	163 000
Total Equity and Debt	3 172 000	3 300 000	2 933 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	48 000	48 000	20 000
Revenue	48 000	48 000	20 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	18 000	18 000	11 000
Impairment	0	0	0
Expenditure	64 000	81 000	37 000
Operating Profit	−16 000	−33 000	−17 000
Financial Income	240 000	320 000	0
Financial Costs	18 000	18 000	14 000
Financial Balance	222 000	302 000	−14 000
Dividends	0	0	0
Net Income	206 000	268 000	−30 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	489 000	507 000	526 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	489 000	507 000	526 000
Total Fiancial Fixed Assets	2 402 000	2 402 000	2 402 000
Total Fixed Assets	2 891 000	2 909 000	2 928 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	16 000	71 000	5 000
Total Current Assets	281 000	391 000	5 000
Total Assets	3 172 000	3 300 000	2 933 000
Total Equity	2 865 000	2 659 000	2 390 000
Short-Term Group Debt	0	293 000	119 000
Total Long-Term Debt	300 000	340 000	380 000
Creditors	0	1 000	2 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	7 000	7 000	42 000
Total Current Debt	7 000	301 000	163 000
Total Equity and Debt	3 172 000	3 300 000	2 933 000

Financial indicators	2022	2021	2020
Return on Equity	7,19 %	10,08 %	−1,26 %
Debt-to-Equity Ratio	0,1	0,13	0,16
Operating Profit Margin	−33,33 %	−68,75 %	−85 %
Current Ratio	40,14	1,3	0,03
Quick Ratio	40,14	1,3	0,03
Equity Ratio	0,9	0,81	0,81
Gross Profit Margin	100 %	100 %	100 %