MJÅTVEITFLATEN 31 AS

5012 BERGEN

Finances

Share Ownership

Return on Equity

109,15 %

Current Ratio

2,08

Debt-to-Equity Ratio

2,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	830 000	627 000	655 000	714 000
Net Income	501 000	364 000	341 000	280 000
Total Assets	2 037 000	1 873 000	2 069 000	2 039 000
Total Equity	459 000	258 000	194 000	154 000

Income (NOK)	2022	2021	2020	2019
Revenue	830 000	627 000	655 000	714 000
Expenditure	139 000	117 000	159 000	280 000
Operating Profit	691 000	510 000	495 000	434 000
Financial Income	0	0	0	0
Financial Costs	49 000	43 000	59 000	75 000
Financial Balance	−49 000	−43 000	−59 000	−75 000
Earnings Before Tax	642 000	467 000	437 000	359 000
Tax	141 000	103 000	96 000	79 000
Net Income	501 000	364 000	341 000	280 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	958 000	986 000	1 030 000	1 076 000
Total Current Assets	1 080 000	887 000	1 039 000	963 000
Total Assets	2 037 000	1 873 000	2 069 000	2 039 000
Total Retained Equity	399 000	199 000	135 000	94 000
Total Equity	459 000	258 000	194 000	154 000
Total Long-Term Debt	1 060 000	1 208 000	1 473 000	1 711 000
Total Current Debt	518 000	406 000	402 000	174 000
Total Equity and Debt	2 037 000	1 873 000	2 069 000	2 039 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	830 000	627 000	655 000	714 000
Revenue	830 000	627 000	655 000	714 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	29 000	29 000	29 000	29 000
Impairment	0	0	0	0
Expenditure	139 000	117 000	159 000	280 000
Operating Profit	691 000	510 000	495 000	434 000
Financial Income	0	0	0	0
Financial Costs	49 000	43 000	59 000	75 000
Financial Balance	−49 000	−43 000	−59 000	−75 000
Dividends	300 000	300 000	300 000	0
Net Income	501 000	364 000	341 000	280 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	958 000	986 000	1 015 000	1 044 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	958 000	986 000	1 015 000	1 044 000
Total Fiancial Fixed Assets	0	0	15 000	32 000
Total Fixed Assets	958 000	986 000	1 030 000	1 076 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	505 000	312 000	375 000	316 000
Total Current Assets	1 080 000	887 000	1 039 000	963 000
Total Assets	2 037 000	1 873 000	2 069 000	2 039 000
Total Equity	459 000	258 000	194 000	154 000
Short-Term Group Debt	0	0	0	50 000
Total Long-Term Debt	1 060 000	1 208 000	1 473 000	1 711 000
Creditors	50 000	0	0	40 000
Unpaid Taxes	21 000	0	0	0
Dividends	300 000	300 000	300 000	0
Other Current Debt	5 000	3 000	5 000	5 000
Total Current Debt	518 000	406 000	402 000	174 000
Total Equity and Debt	2 037 000	1 873 000	2 069 000	2 039 000

Financial indicators	2022	2021	2020	2019
Return on Equity	109,15 %	141,09 %	175,77 %	181,82 %
Debt-to-Equity Ratio	2,31	4,68	7,59	11,11
Operating Profit Margin	83,25 %	81,34 %	75,57 %	60,78 %
Current Ratio	2,08	2,18	2,58	5,53
Quick Ratio	2,08	2,18	2,58	5,53
Equity Ratio	0,23	0,14	0,09	0,08
Gross Profit Margin	100 %	100 %	100 %	100 %