CHR MICHELSENS FOND

5006 BERGEN

Finances

Return on Equity

−16,51 %

Current Ratio

15,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 000	12 000	11 000	12 000
Net Income	−13 635 000	13 951 000	7 119 000	9 757 000
Total Assets	88 066 000	101 583 000	87 504 000	81 131 000
Total Equity	82 567 000	98 132 000	85 821 000	80 253 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 000	12 000	11 000	12 000
Expenditure	160 000	157 000	187 000	154 000
Operating Profit	−142 000	−145 000	−176 000	−142 000
Financial Income	5 000	14 098 000	7 295 000	9 899 000
Financial Costs	13 498 000	2 000	0	0
Financial Balance	−13 493 000	14 096 000	7 295 000	9 899 000
Earnings Before Tax	−13 635 000	13 951 000	7 119 000	9 757 000
Tax	0	0	0	0
Net Income	−13 635 000	13 951 000	7 119 000	9 757 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	150 000	150 000	150 000	150 000
Total Current Assets	87 916 000	101 433 000	87 354 000	80 981 000
Total Assets	88 066 000	101 583 000	87 504 000	81 131 000
Total Retained Equity	75 067 000	90 632 000	78 321 000	72 753 000
Total Equity	82 567 000	98 132 000	85 821 000	80 253 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 498 000	3 451 000	1 683 000	878 000
Total Equity and Debt	88 066 000	101 583 000	87 504 000	81 131 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	18 000	12 000	11 000	12 000
Revenue	18 000	12 000	11 000	12 000
Cost of Goods Sold	0	0	0	0
Salary Costs	93 000	107 000	114 000	104 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	160 000	157 000	187 000	154 000
Operating Profit	−142 000	−145 000	−176 000	−142 000
Financial Income	5 000	14 098 000	7 295 000	9 899 000
Financial Costs	13 498 000	2 000	0	0
Financial Balance	−13 493 000	14 096 000	7 295 000	9 899 000
Dividends	0	0	0	0
Net Income	−13 635 000	13 951 000	7 119 000	9 757 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	150 000	150 000	150 000	150 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	150 000	150 000	150 000	150 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	150 000	150 000	150 000	150 000
Stock	0	0	0	0
Total Investments	80 901 000	97 092 000	85 500 000	80 528 000
Cash, Bank	7 015 000	4 343 000	1 855 000	449 000
Total Current Assets	87 916 000	101 433 000	87 354 000	80 981 000
Total Assets	88 066 000	101 583 000	87 504 000	81 131 000
Total Equity	82 567 000	98 132 000	85 821 000	80 253 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	5 498 000	3 451 000	1 683 000	878 000
Total Current Debt	5 498 000	3 451 000	1 683 000	878 000
Total Equity and Debt	88 066 000	101 583 000	87 504 000	81 131 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,51 %	14,22 %	8,3 %	12,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−788,89 %	−1 208,33 %	−1 600 %	−1 183,33 %
Current Ratio	15,99	29,39	51,9	92,23
Quick Ratio	15,99	29,39	51,9	92,23
Equity Ratio	0,94	0,97	0,98	0,99
Gross Profit Margin	100 %	100 %	100 %	100 %