MINNEVIKEN HOLDING AS

9136 VANNAREID

Finances

Return on Equity

−4,36 %

Current Ratio

1,94

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020
Revenue	218 000	523 000	335 000
Net Income	−69 000	202 000	18 000
Total Assets	1 850 000	2 129 000	2 296 000
Total Equity	1 581 000	1 651 000	1 464 000

Income (NOK)	2022	2021	2020
Revenue	218 000	523 000	335 000
Expenditure	285 000	249 000	298 000
Operating Profit	−67 000	274 000	36 000
Financial Income	0	1 000	4 000
Financial Costs	18 000	13 000	18 000
Financial Balance	−18 000	−12 000	−14 000
Earnings Before Tax	−84 000	262 000	23 000
Tax	−15 000	60 000	5 000
Net Income	−69 000	202 000	18 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 677 000	1 879 000	2 118 000
Total Current Assets	173 000	250 000	177 000
Total Assets	1 850 000	2 129 000	2 296 000
Total Retained Equity	1 533 000	1 603 000	1 416 000
Total Equity	1 581 000	1 651 000	1 464 000
Total Long-Term Debt	180 000	242 000	499 000
Total Current Debt	89 000	236 000	333 000
Total Equity and Debt	1 850 000	2 129 000	2 296 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 000	32 000	119 000
Other Income	216 000	491 000	216 000
Revenue	218 000	523 000	335 000
Cost of Goods Sold	24 000	0	0
Salary Costs	0	0	0
Depreciation	236 000	232 000	242 000
Impairment	0	0	0
Expenditure	285 000	249 000	298 000
Operating Profit	−67 000	274 000	36 000
Financial Income	0	1 000	4 000
Financial Costs	18 000	13 000	18 000
Financial Balance	−18 000	−12 000	−14 000
Dividends	0	15 000	0
Net Income	−69 000	202 000	18 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	1 608 000	1 838 000	2 068 000
Machinery and Plant Facilities	0	0	0
Fixtures	30 000	0	50 000
Total Tangible Assets	1 638 000	1 838 000	2 118 000
Total Fiancial Fixed Assets	38 000	40 000	0
Total Fixed Assets	1 677 000	1 879 000	2 118 000
Stock	0	0	0
Total Investments	16 000	25 000	15 000
Cash, Bank	158 000	54 000	1 000
Total Current Assets	173 000	250 000	177 000
Total Assets	1 850 000	2 129 000	2 296 000
Total Equity	1 581 000	1 651 000	1 464 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	180 000	242 000	499 000
Creditors	0	−1 000	0
Unpaid Taxes	2 000	54 000	64 000
Dividends	0	15 000	0
Other Current Debt	39 000	35 000	186 000
Total Current Debt	89 000	236 000	333 000
Total Equity and Debt	1 850 000	2 129 000	2 296 000

Financial indicators	2022	2021	2020
Return on Equity	−4,36 %	12,24 %	1,23 %
Debt-to-Equity Ratio	0,11	0,15	0,34
Operating Profit Margin	−30,73 %	52,39 %	10,75 %
Current Ratio	1,94	1,06	0,53
Quick Ratio	1,94	1,06	0,53
Equity Ratio	0,85	0,78	0,64
Gross Profit Margin	88,99 %	100 %	100 %