AL CHR MICHELSENSGT 23 BORETTSLAG

2815 GJØVIK

Finances

Share Ownership

Return on Equity

−3,62 %

Current Ratio

11,03

Debt-to-Equity Ratio

−1,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	638 000	595 000	601 000	234 000
Net Income	49 000	−191 000	−56 000	−62 000
Total Assets	916 000	1 019 000	1 064 000	581 000
Total Equity	−1 355 000	−1 404 000	−1 213 000	−1 025 000

Income (NOK)	2022	2021	2020	2019
Revenue	638 000	595 000	601 000	234 000
Expenditure	538 000	755 000	618 000	257 000
Operating Profit	100 000	−160 000	−17 000	−24 000
Financial Income	5 000	5 000	7 000	15 000
Financial Costs	57 000	36 000	46 000	53 000
Financial Balance	−52 000	−31 000	−39 000	−38 000
Earnings Before Tax	49 000	−191 000	−56 000	−61 000
Tax	0	0	0	0
Net Income	49 000	−191 000	−56 000	−62 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	597 000	597 000	597 000	217 000
Total Current Assets	320 000	422 000	467 000	364 000
Total Assets	916 000	1 019 000	1 064 000	581 000
Total Retained Equity	−1 357 000	−1 404 000	−1 214 000	−1 025 000
Total Equity	−1 355 000	−1 404 000	−1 213 000	−1 025 000
Total Long-Term Debt	2 242 000	2 333 000	2 169 000	1 594 000
Total Current Debt	29 000	90 000	108 000	12 000
Total Equity and Debt	916 000	1 019 000	1 064 000	581 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	638 000	595 000	601 000	234 000
Revenue	638 000	595 000	601 000	234 000
Cost of Goods Sold	0	0	0	0
Salary Costs	16 000	0	0	36 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	538 000	755 000	618 000	257 000
Operating Profit	100 000	−160 000	−17 000	−24 000
Financial Income	5 000	5 000	7 000	15 000
Financial Costs	57 000	36 000	46 000	53 000
Financial Balance	−52 000	−31 000	−39 000	−38 000
Dividends	0	0	0	0
Net Income	49 000	−191 000	−56 000	−62 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	597 000	597 000	597 000	217 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	597 000	597 000	597 000	217 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	597 000	597 000	597 000	217 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	289 000	349 000	370 000	358 000
Total Current Assets	320 000	422 000	467 000	364 000
Total Assets	916 000	1 019 000	1 064 000	581 000
Total Equity	−1 355 000	−1 404 000	−1 213 000	−1 025 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 242 000	2 333 000	2 169 000	1 594 000
Creditors	27 000	85 000	70 000	7 000
Unpaid Taxes	0	0	1 000	0
Dividends	0	0	0	0
Other Current Debt	2 000	5 000	38 000	4 000
Total Current Debt	29 000	90 000	108 000	12 000
Total Equity and Debt	916 000	1 019 000	1 064 000	581 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,62 %	13,6 %	4,62 %	6,05 %
Debt-to-Equity Ratio	−1,65	−1,66	−1,79	−1,56
Operating Profit Margin	15,67 %	−26,89 %	−2,83 %	−10,26 %
Current Ratio	11,03	4,69	4,32	30,33
Quick Ratio	11,03	4,69	4,32	30,33
Equity Ratio	−1,48	−1,38	−1,14	−1,76
Gross Profit Margin	100 %	100 %	100 %	100 %