MEINICH EIENDOM AS

0259 OSLO

Finances

Share Ownership

Return on Equity

27,99 %

Current Ratio

0,26

Debt-to-Equity Ratio

3,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 920 000	1 848 000	1 751 000	1 560 000
Net Income	826 000	861 000	756 000	742 000
Total Assets	13 361 000	13 258 000	13 318 000	13 799 000
Total Equity	2 951 000	2 425 000	1 965 000	1 908 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 920 000	1 848 000	1 751 000	1 560 000
Expenditure	447 000	464 000	442 000	390 000
Operating Profit	1 474 000	1 384 000	1 309 000	1 169 000
Financial Income	0	0	0	0
Financial Costs	413 000	281 000	340 000	219 000
Financial Balance	−413 000	−281 000	−340 000	−219 000
Earnings Before Tax	1 061 000	1 103 000	970 000	951 000
Tax	235 000	243 000	213 000	209 000
Net Income	826 000	861 000	756 000	742 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 060 000	13 041 000	13 124 000	12 519 000
Total Current Assets	302 000	217 000	194 000	1 280 000
Total Assets	13 361 000	13 258 000	13 318 000	13 799 000
Total Retained Equity	2 851 000	2 325 000	1 865 000	1 808 000
Total Equity	2 951 000	2 425 000	1 965 000	1 908 000
Total Long-Term Debt	9 238 000	9 788 000	10 338 000	10 888 000
Total Current Debt	1 173 000	1 045 000	1 015 000	1 003 000
Total Equity and Debt	13 361 000	13 258 000	13 318 000	13 799 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 920 000	1 848 000	1 751 000	1 560 000
Other Income	0	0	0	0
Revenue	1 920 000	1 848 000	1 751 000	1 560 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	91 000	91 000	91 000	91 000
Impairment	0	0	0	0
Expenditure	447 000	464 000	442 000	390 000
Operating Profit	1 474 000	1 384 000	1 309 000	1 169 000
Financial Income	0	0	0	0
Financial Costs	413 000	281 000	340 000	219 000
Financial Balance	−413 000	−281 000	−340 000	−219 000
Dividends	300 000	400 000	700 000	400 000
Net Income	826 000	861 000	756 000	742 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	109 000	101 000	93 000	84 000
Real Eastate	12 951 000	12 940 000	13 031 000	12 434 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	12 951 000	12 940 000	13 031 000	12 434 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 060 000	13 041 000	13 124 000	12 519 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	184 000	117 000	90 000	1 202 000
Total Current Assets	302 000	217 000	194 000	1 280 000
Total Assets	13 361 000	13 258 000	13 318 000	13 799 000
Total Equity	2 951 000	2 425 000	1 965 000	1 908 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 238 000	9 788 000	10 338 000	10 888 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	300 000	400 000	700 000	400 000
Other Current Debt	630 000	394 000	93 000	385 000
Total Current Debt	1 173 000	1 045 000	1 015 000	1 003 000
Total Equity and Debt	13 361 000	13 258 000	13 318 000	13 799 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,99 %	35,51 %	38,47 %	38,89 %
Debt-to-Equity Ratio	3,13	4,04	5,26	5,71
Operating Profit Margin	76,77 %	74,89 %	74,76 %	74,94 %
Current Ratio	0,26	0,21	0,19	1,28
Quick Ratio	0,26	0,21	0,19	1,28
Equity Ratio	0,22	0,18	0,15	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %