MAIHAUGEN III BORETTSLAG

3717 SKIEN

Finances

Share Ownership

Return on Equity

−11,36 %

Current Ratio

4,23

Debt-to-Equity Ratio

−4,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 515 000	6 515 000	6 516 000	6 314 000
Net Income	1 133 000	1 858 000	2 047 000	854 000
Total Assets	33 903 000	34 164 000	33 617 000	32 951 000
Total Equity	−9 976 000	−11 109 000	−12 967 000	−15 015 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 515 000	6 515 000	6 516 000	6 314 000
Expenditure	4 437 000	3 827 000	3 671 000	3 580 000
Operating Profit	2 079 000	2 460 000	2 823 000	2 021 000
Financial Income	56 000	12 000	33 000	53 000
Financial Costs	1 001 000	614 000	809 000	1 220 000
Financial Balance	−945 000	−602 000	−776 000	−1 167 000
Earnings Before Tax	1 133 000	2 087 000	2 069 000	1 567 000
Tax	0	0	0	0
Net Income	1 133 000	1 858 000	2 047 000	854 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 508 000	29 531 000	29 453 000	29 332 000
Total Current Assets	4 394 000	4 633 000	4 164 000	3 620 000
Total Assets	33 903 000	34 164 000	33 617 000	32 951 000
Total Retained Equity	−9 976 000	−11 109 000	−12 967 000	−15 015 000
Total Equity	−9 976 000	−11 109 000	−12 967 000	−15 015 000
Total Long-Term Debt	42 838 000	44 191 000	45 625 000	46 929 000
Total Current Debt	1 040 000	1 082 000	960 000	1 037 000
Total Equity and Debt	33 903 000	34 164 000	33 617 000	32 951 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	6 515 000	6 515 000	6 516 000	6 314 000
Revenue	6 515 000	6 515 000	6 516 000	6 314 000
Cost of Goods Sold	0	0	0	0
Salary Costs	613 000	638 000	591 000	669 000
Depreciation	47 000	31 000	26 000	25 000
Impairment	0	0	0	0
Expenditure	4 437 000	3 827 000	3 671 000	3 580 000
Operating Profit	2 079 000	2 460 000	2 823 000	2 021 000
Financial Income	56 000	12 000	33 000	53 000
Financial Costs	1 001 000	614 000	809 000	1 220 000
Financial Balance	−945 000	−602 000	−776 000	−1 167 000
Dividends	0	0	0	0
Net Income	1 133 000	1 858 000	2 047 000	854 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	29 469 000	29 505 000	29 417 000	29 288 000
Machinery and Plant Facilities	37 000	24 000	34 000	41 000
Fixtures	0	0	0	0
Total Tangible Assets	29 506 000	29 528 000	29 450 000	29 329 000
Total Fiancial Fixed Assets	3 000	3 000	3 000	3 000
Total Fixed Assets	29 508 000	29 531 000	29 453 000	29 332 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 253 000	3 590 000	3 159 000	2 329 000
Total Current Assets	4 394 000	4 633 000	4 164 000	3 620 000
Total Assets	33 903 000	34 164 000	33 617 000	32 951 000
Total Equity	−9 976 000	−11 109 000	−12 967 000	−15 015 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	42 838 000	44 191 000	45 625 000	46 929 000
Creditors	952 000	995 000	855 000	925 000
Unpaid Taxes	28 000	39 000	31 000	45 000
Dividends	0	0	0	0
Other Current Debt	59 000	48 000	74 000	68 000
Total Current Debt	1 040 000	1 082 000	960 000	1 037 000
Total Equity and Debt	33 903 000	34 164 000	33 617 000	32 951 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,36 %	−16,73 %	−15,79 %	−5,69 %
Debt-to-Equity Ratio	−4,29	−3,98	−3,52	−3,13
Operating Profit Margin	31,91 %	37,76 %	43,32 %	32,01 %
Current Ratio	4,23	4,28	4,34	3,49
Quick Ratio	4,23	4,28	4,34	3,49
Equity Ratio	−0,29	−0,33	−0,39	−0,46
Gross Profit Margin	100 %	100 %	100 %	100 %