M20 INVEST AS

4994 AKLAND

Finances

Share Ownership

Return on Equity

11,49 %

Current Ratio

0,9

Debt-to-Equity Ratio

10,42

Key figures (NOK)	2022	2021	2020
Revenue	1 900 000	910 000	0
Net Income	233 000	86 000	−79 000
Total Assets	23 430 000	24 299 000	9 982 000
Total Equity	2 027 000	1 794 000	1 708 000

Income (NOK)	2022	2021	2020
Revenue	1 900 000	910 000	0
Expenditure	852 000	324 000	48 000
Operating Profit	1 048 000	586 000	−48 000
Financial Income	0	0	0
Financial Costs	748 000	499 000	31 000
Financial Balance	−748 000	−499 000	−31 000
Earnings Before Tax	299 000	88 000	−79 000
Tax	66 000	2 000	0
Net Income	233 000	86 000	−79 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	23 170 000	23 770 000	8 363 000
Total Current Assets	260 000	529 000	1 618 000
Total Assets	23 430 000	24 299 000	9 982 000
Total Retained Equity	247 000	14 000	−72 000
Total Equity	2 027 000	1 794 000	1 708 000
Total Long-Term Debt	21 114 000	22 306 000	4 005 000
Total Current Debt	289 000	199 000	4 269 000
Total Equity and Debt	23 430 000	24 299 000	9 982 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 900 000	910 000	0
Other Income	0	0	0
Revenue	1 900 000	910 000	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	682 000	226 000	0
Impairment	0	0	0
Expenditure	852 000	324 000	48 000
Operating Profit	1 048 000	586 000	−48 000
Financial Income	0	0	0
Financial Costs	748 000	499 000	31 000
Financial Balance	−748 000	−499 000	−31 000
Dividends	0	0	0
Net Income	233 000	86 000	−79 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	23 170 000	23 746 000	8 363 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	24 000	0
Total Tangible Assets	23 170 000	23 770 000	8 363 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	23 170 000	23 770 000	8 363 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	31 000	206 000	1 000
Total Current Assets	260 000	529 000	1 618 000
Total Assets	23 430 000	24 299 000	9 982 000
Total Equity	2 027 000	1 794 000	1 708 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	21 114 000	22 306 000	4 005 000
Creditors	0	108 000	282 000
Unpaid Taxes	86 000	0	0
Dividends	0	0	0
Other Current Debt	202 000	90 000	0
Total Current Debt	289 000	199 000	4 269 000
Total Equity and Debt	23 430 000	24 299 000	9 982 000

Financial indicators	2022	2021	2020
Return on Equity	11,49 %	4,79 %	−4,63 %
Debt-to-Equity Ratio	10,42	12,43	2,34
Operating Profit Margin	55,16 %	64,4 %	-
Current Ratio	0,9	2,66	0,38
Quick Ratio	0,9	2,66	0,38
Equity Ratio	0,09	0,07	0,17
Gross Profit Margin	100 %	100 %	-