MJÅVANNVEIEN 14 AS

4640 SØGNE

Finances

Share Ownership

Return on Equity

20,59 %

Current Ratio

0,45

Debt-to-Equity Ratio

4,68

Key figures (NOK)	2022	2021	2020
Revenue	823 000	551 000	283 000
Net Income	181 000	82 000	37 000
Total Assets	5 702 000	5 462 000	5 273 000
Total Equity	879 000	949 000	867 000

Income (NOK)	2022	2021	2020
Revenue	823 000	551 000	283 000
Expenditure	406 000	266 000	198 000
Operating Profit	417 000	284 000	86 000
Financial Income	0	0	0
Financial Costs	185 000	179 000	39 000
Financial Balance	−185 000	−179 000	−39 000
Earnings Before Tax	232 000	105 000	48 000
Tax	51 000	23 000	10 000
Net Income	181 000	82 000	37 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	5 382 000	5 233 000	4 163 000
Total Current Assets	321 000	229 000	1 110 000
Total Assets	5 702 000	5 462 000	5 273 000
Total Retained Equity	49 000	119 000	37 000
Total Equity	879 000	949 000	867 000
Total Long-Term Debt	4 115 000	4 436 000	3 972 000
Total Current Debt	708 000	77 000	434 000
Total Equity and Debt	5 702 000	5 462 000	5 273 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	283 000
Other Income	823 000	551 000	0
Revenue	823 000	551 000	283 000
Cost of Goods Sold	0	0	0
Salary Costs	0	20 000	0
Depreciation	168 000	143 000	26 000
Impairment	0	0	0
Expenditure	406 000	266 000	198 000
Operating Profit	417 000	284 000	86 000
Financial Income	0	0	0
Financial Costs	185 000	179 000	39 000
Financial Balance	−185 000	−179 000	−39 000
Dividends	0	0	0
Net Income	181 000	82 000	37 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	5 219 000	5 019 000	4 127 000
Machinery and Plant Facilities	0	0	0
Fixtures	162 000	214 000	35 000
Total Tangible Assets	5 382 000	5 233 000	4 163 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	5 382 000	5 233 000	4 163 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	310 000	218 000	993 000
Total Current Assets	321 000	229 000	1 110 000
Total Assets	5 702 000	5 462 000	5 273 000
Total Equity	879 000	949 000	867 000
Short-Term Group Debt	645 000	0	200 000
Total Long-Term Debt	4 115 000	4 436 000	3 972 000
Creditors	8 000	41 000	75 000
Unpaid Taxes	39 000	16 000	49 000
Dividends	0	0	0
Other Current Debt	16 000	17 000	110 000
Total Current Debt	708 000	77 000	434 000
Total Equity and Debt	5 702 000	5 462 000	5 273 000

Financial indicators	2022	2021	2020
Return on Equity	20,59 %	8,64 %	4,27 %
Debt-to-Equity Ratio	4,68	4,67	4,58
Operating Profit Margin	50,67 %	51,54 %	30,39 %
Current Ratio	0,45	2,97	2,56
Quick Ratio	0,45	2,97	2,56
Equity Ratio	0,15	0,17	0,16
Gross Profit Margin	100 %	100 %	100 %