MJÅTVEITFLATEN EIENDOM AS

5918 FREKHAUG

Finances

Share Ownership

Return on Equity

6,08 %

Current Ratio

0,36

Debt-to-Equity Ratio

13,31

Key figures (NOK)	2022	2021	2020
Revenue	1 857 000	1 550 000	1 279 000
Net Income	106 000	442 000	172 000
Total Assets	26 148 000	13 696 000	13 823 000
Total Equity	1 742 000	1 636 000	1 193 000

Income (NOK)	2022	2021	2020
Revenue	1 857 000	1 550 000	1 279 000
Expenditure	1 173 000	631 000	1 054 000
Operating Profit	684 000	919 000	225 000
Financial Income	0	0	6 000
Financial Costs	505 000	299 000	66 000
Financial Balance	−505 000	−299 000	−60 000
Earnings Before Tax	180 000	620 000	165 000
Tax	74 000	177 000	−7 000
Net Income	106 000	442 000	172 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	25 706 000	13 087 000	13 500 000
Total Current Assets	442 000	609 000	323 000
Total Assets	26 148 000	13 696 000	13 823 000
Total Retained Equity	752 000	646 000	203 000
Total Equity	1 742 000	1 636 000	1 193 000
Total Long-Term Debt	23 191 000	11 778 000	11 974 000
Total Current Debt	1 216 000	282 000	656 000
Total Equity and Debt	26 148 000	13 696 000	13 823 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 857 000	1 550 000	1 095 000
Other Income	0	0	184 000
Revenue	1 857 000	1 550 000	1 279 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	509 000
Depreciation	401 000	413 000	101 000
Impairment	0	0	0
Expenditure	1 173 000	631 000	1 054 000
Operating Profit	684 000	919 000	225 000
Financial Income	0	0	6 000
Financial Costs	505 000	299 000	66 000
Financial Balance	−505 000	−299 000	−60 000
Dividends	0	0	0
Net Income	106 000	442 000	172 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	25 706 000	13 087 000	13 500 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	25 706 000	13 087 000	13 500 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	25 706 000	13 087 000	13 500 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	442 000	508 000	323 000
Total Current Assets	442 000	609 000	323 000
Total Assets	26 148 000	13 696 000	13 823 000
Total Equity	1 742 000	1 636 000	1 193 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	23 191 000	11 778 000	11 974 000
Creditors	74 000	2 000	0
Unpaid Taxes	97 000	33 000	28 000
Dividends	0	0	0
Other Current Debt	1 038 000	19 000	608 000
Total Current Debt	1 216 000	282 000	656 000
Total Equity and Debt	26 148 000	13 696 000	13 823 000

Financial indicators	2022	2021	2020
Return on Equity	6,08 %	27,02 %	14,42 %
Debt-to-Equity Ratio	13,31	7,2	10,04
Operating Profit Margin	36,83 %	59,29 %	17,59 %
Current Ratio	0,36	2,16	0,49
Quick Ratio	0,36	2,16	0,49
Equity Ratio	0,07	0,12	0,09
Gross Profit Margin	100 %	100 %	100 %