M ØGREID AS

4331 ÅLGÅRD

Finances

Share Ownership

Return on Equity

24,08 %

Current Ratio

8,93

Debt-to-Equity Ratio

3,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 680 000	1 680 000	1 118 000	1 135 000
Net Income	537 000	671 000	319 000	594 000
Total Assets	11 839 000	12 139 000	3 903 000	4 520 000
Total Equity	2 230 000	2 319 000	2 748 000	3 028 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 680 000	1 680 000	1 118 000	1 135 000
Expenditure	598 000	574 000	673 000	327 000
Operating Profit	1 082 000	1 106 000	444 000	809 000
Financial Income	6 000	4 000	4 000	1 000
Financial Costs	385 000	250 000	38 000	48 000
Financial Balance	−379 000	−246 000	−34 000	−47 000
Earnings Before Tax	703 000	861 000	410 000	761 000
Tax	166 000	190 000	91 000	167 000
Net Income	537 000	671 000	319 000	594 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 628 000	2 812 000	2 996 000	3 180 000
Total Current Assets	9 211 000	9 327 000	907 000	1 340 000
Total Assets	11 839 000	12 139 000	3 903 000	4 520 000
Total Retained Equity	2 130 000	2 219 000	2 648 000	2 928 000
Total Equity	2 230 000	2 319 000	2 748 000	3 028 000
Total Long-Term Debt	8 577 000	9 301 000	895 000	1 149 000
Total Current Debt	1 032 000	519 000	261 000	342 000
Total Equity and Debt	11 839 000	12 139 000	3 903 000	4 520 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 680 000	0	0	0
Other Income	0	1 680 000	1 118 000	1 135 000
Revenue	1 680 000	1 680 000	1 118 000	1 135 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	184 000	184 000	184 000	184 000
Impairment	0	0	0	0
Expenditure	598 000	574 000	673 000	327 000
Operating Profit	1 082 000	1 106 000	444 000	809 000
Financial Income	6 000	4 000	4 000	1 000
Financial Costs	385 000	250 000	38 000	48 000
Financial Balance	−379 000	−246 000	−34 000	−47 000
Dividends	0	1 100 000	0	0
Net Income	537 000	671 000	319 000	594 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 628 000	2 812 000	2 996 000	3 180 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 628 000	2 812 000	2 996 000	3 180 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 628 000	2 812 000	2 996 000	3 180 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	622 000	77 000	907 000	1 029 000
Total Current Assets	9 211 000	9 327 000	907 000	1 340 000
Total Assets	11 839 000	12 139 000	3 903 000	4 520 000
Total Equity	2 230 000	2 319 000	2 748 000	3 028 000
Short-Term Group Debt	803 000	0	0	0
Total Long-Term Debt	8 577 000	9 301 000	895 000	1 149 000
Creditors	47 000	128 000	1 000	7 000
Unpaid Taxes	3 000	37 000	44 000	46 000
Dividends	0	1 100 000	0	0
Other Current Debt	160 000	151 000	114 000	113 000
Total Current Debt	1 032 000	519 000	261 000	342 000
Total Equity and Debt	11 839 000	12 139 000	3 903 000	4 520 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,08 %	28,93 %	11,61 %	19,62 %
Debt-to-Equity Ratio	3,85	4,01	0,33	0,38
Operating Profit Margin	64,4 %	65,83 %	39,71 %	71,28 %
Current Ratio	8,93	17,97	3,48	3,92
Quick Ratio	8,93	17,97	3,48	3,92
Equity Ratio	0,19	0,19	0,7	0,67
Gross Profit Margin	100 %	100 %	100 %	100 %