MILLENNIUM EIENDOM AS

6060 HAREID

Finances

Share Ownership

Return on Equity

−8,51 %

Current Ratio

29,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	159 000	348 000	298 000	274 000
Net Income	−230 000	18 000	103 000	−39 000
Total Assets	2 785 000	3 031 000	653 000	727 000
Total Equity	2 704 000	2 934 000	216 000	142 000

Income (NOK)	2022	2021	2020	2019
Revenue	159 000	348 000	298 000	274 000
Expenditure	455 000	322 000	164 000	321 000
Operating Profit	−296 000	25 000	134 000	−47 000
Financial Income	2 000	0	0	0
Financial Costs	0	2 000	2 000	3 000
Financial Balance	2 000	−2 000	−2 000	−3 000
Earnings Before Tax	−295 000	24 000	132 000	−50 000
Tax	−65 000	5 000	29 000	−11 000
Net Income	−230 000	18 000	103 000	−39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	375 000	272 000	277 000	306 000
Total Current Assets	2 410 000	2 759 000	376 000	421 000
Total Assets	2 785 000	3 031 000	653 000	727 000
Total Retained Equity	−246 000	−16 000	−34 000	−38 000
Total Equity	2 704 000	2 934 000	216 000	142 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	81 000	97 000	437 000	586 000
Total Equity and Debt	2 785 000	3 031 000	653 000	727 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	159 000	348 000	298 000	274 000
Revenue	159 000	348 000	298 000	274 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	5 000	0	28 000	82 000
Impairment	0	0	0	0
Expenditure	455 000	322 000	164 000	321 000
Operating Profit	−296 000	25 000	134 000	−47 000
Financial Income	2 000	0	0	0
Financial Costs	0	2 000	2 000	3 000
Financial Balance	2 000	−2 000	−2 000	−3 000
Dividends	0	0	0	0
Net Income	−230 000	18 000	103 000	−39 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	243 000	178 000	183 000	185 000
Real Eastate	132 000	94 000	94 000	121 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	132 000	94 000	94 000	121 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	375 000	272 000	277 000	306 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 406 000	2 726 000	27 000	2 000
Total Current Assets	2 410 000	2 759 000	376 000	421 000
Total Assets	2 785 000	3 031 000	653 000	727 000
Total Equity	2 704 000	2 934 000	216 000	142 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	43 000	17 000	9 000	24 000
Unpaid Taxes	0	7 000	22 000	8 000
Dividends	0	0	0	0
Other Current Debt	37 000	73 000	406 000	554 000
Total Current Debt	81 000	97 000	437 000	586 000
Total Equity and Debt	2 785 000	3 031 000	653 000	727 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,51 %	0,61 %	47,69 %	−27,46 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−186,16 %	7,18 %	44,97 %	−17,15 %
Current Ratio	29,75	28,44	0,86	0,72
Quick Ratio	29,75	28,44	0,86	0,72
Equity Ratio	0,97	0,97	0,33	0,2
Gross Profit Margin	100 %	100 %	100 %	100 %