MAIHAUGEN IV BORETTSLAG

3717 SKIEN

Finances

Share Ownership

Return on Equity

−12,68 %

Current Ratio

11,12

Debt-to-Equity Ratio

−4,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 378 000	4 378 000	4 378 000	3 263 000
Net Income	832 000	1 320 000	204 000	−7 080 000
Total Assets	24 762 000	24 931 000	24 430 000	24 261 000
Total Equity	−6 561 000	−7 393 000	−8 713 000	−8 917 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 378 000	4 378 000	4 378 000	3 263 000
Expenditure	2 881 000	2 496 000	2 268 000	2 629 000
Operating Profit	1 498 000	1 745 000	836 000	−6 369 000
Financial Income	51 000	17 000	24 000	8 000
Financial Costs	717 000	442 000	656 000	719 000
Financial Balance	−666 000	−425 000	−632 000	−711 000
Earnings Before Tax	832 000	1 457 000	1 479 000	−78 000
Tax	0	0	0	0
Net Income	832 000	1 320 000	204 000	−7 080 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 382 000	21 398 000	21 413 000	20 896 000
Total Current Assets	3 381 000	3 534 000	3 017 000	3 365 000
Total Assets	24 762 000	24 931 000	24 430 000	24 261 000
Total Retained Equity	−6 561 000	−7 393 000	−8 713 000	−8 917 000
Total Equity	−6 561 000	−7 393 000	−8 713 000	−8 917 000
Total Long-Term Debt	31 019 000	31 823 000	32 681 000	30 918 000
Total Current Debt	304 000	501 000	461 000	2 260 000
Total Equity and Debt	24 762 000	24 931 000	24 430 000	24 261 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 378 000	4 378 000	4 378 000	3 263 000
Revenue	4 378 000	4 378 000	4 378 000	3 263 000
Cost of Goods Sold	0	0	0	0
Salary Costs	497 000	437 000	406 000	499 000
Depreciation	16 000	16 000	3 000	0
Impairment	0	0	0	0
Expenditure	2 881 000	2 496 000	2 268 000	2 629 000
Operating Profit	1 498 000	1 745 000	836 000	−6 369 000
Financial Income	51 000	17 000	24 000	8 000
Financial Costs	717 000	442 000	656 000	719 000
Financial Balance	−666 000	−425 000	−632 000	−711 000
Dividends	0	0	0	0
Net Income	832 000	1 320 000	204 000	−7 080 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	21 252 000	21 252 000	21 252 000	20 888 000
Machinery and Plant Facilities	128 000	143 000	159 000	5 000
Fixtures	0	0	0	0
Total Tangible Assets	21 379 000	21 395 000	21 410 000	20 893 000
Total Fiancial Fixed Assets	3 000	3 000	3 000	3 000
Total Fixed Assets	21 382 000	21 398 000	21 413 000	20 896 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 966 000	2 999 000	1 932 000	544 000
Total Current Assets	3 381 000	3 534 000	3 017 000	3 365 000
Total Assets	24 762 000	24 931 000	24 430 000	24 261 000
Total Equity	−6 561 000	−7 393 000	−8 713 000	−8 917 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	31 019 000	31 823 000	32 681 000	30 918 000
Creditors	234 000	462 000	414 000	2 195 000
Unpaid Taxes	34 000	25 000	15 000	19 000
Dividends	0	0	0	0
Other Current Debt	36 000	14 000	32 000	46 000
Total Current Debt	304 000	501 000	461 000	2 260 000
Total Equity and Debt	24 762 000	24 931 000	24 430 000	24 261 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,68 %	−17,85 %	−2,34 %	79,4 %
Debt-to-Equity Ratio	−4,73	−4,3	−3,75	−3,47
Operating Profit Margin	34,22 %	39,86 %	19,1 %	−195,19 %
Current Ratio	11,12	7,05	6,54	1,49
Quick Ratio	11,12	7,05	6,54	1,49
Equity Ratio	−0,26	−0,3	−0,36	−0,37
Gross Profit Margin	100 %	100 %	100 %	100 %