MICHAEL WIDTH ENDRESENS FOND FOR SUNNMØRE NÆRINGSLIV

0271 OSLO

Finances

Share Ownership

Return on Equity

−15,74 %

Current Ratio

307

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	−813 000	922 000	717 000	1 059 000
Net Income	−963 000	791 000	589 000	954 000
Total Assets	6 140 000	7 103 000	6 292 000	5 702 000
Total Equity	6 120 000	7 083 000	6 292 000	5 702 000

Income (NOK)	2022	2021	2020	2019
Revenue	−813 000	922 000	717 000	1 059 000
Expenditure	27 000	26 000	28 000	30 000
Operating Profit	−840 000	896 000	689 000	1 029 000
Financial Income	0	0	0	0
Financial Costs	123 000	105 000	100 000	75 000
Financial Balance	−123 000	−105 000	−100 000	−75 000
Earnings Before Tax	−963 000	791 000	589 000	954 000
Tax	0	0	0	0
Net Income	−963 000	791 000	589 000	954 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	6 140 000	7 103 000	6 292 000	5 702 000
Total Assets	6 140 000	7 103 000	6 292 000	5 702 000
Total Retained Equity	4 116 000	5 079 000	4 367 000	3 837 000
Total Equity	6 120 000	7 083 000	6 292 000	5 702 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	20 000	20 000	0	0
Total Equity and Debt	6 140 000	7 103 000	6 292 000	5 702 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	−813 000	922 000	717 000	1 059 000
Revenue	−813 000	922 000	717 000	1 059 000
Cost of Goods Sold	0	0	0	0
Salary Costs	17 000	17 000	18 000	20 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	27 000	26 000	28 000	30 000
Operating Profit	−840 000	896 000	689 000	1 029 000
Financial Income	0	0	0	0
Financial Costs	123 000	105 000	100 000	75 000
Financial Balance	−123 000	−105 000	−100 000	−75 000
Dividends	0	0	0	0
Net Income	−963 000	791 000	589 000	954 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	5 954 000	7 065 000	6 155 000	5 591 000
Cash, Bank	186 000	38 000	137 000	112 000
Total Current Assets	6 140 000	7 103 000	6 292 000	5 702 000
Total Assets	6 140 000	7 103 000	6 292 000	5 702 000
Total Equity	6 120 000	7 083 000	6 292 000	5 702 000
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	20 000	20 000	0	0
Total Current Debt	20 000	20 000	0	0
Total Equity and Debt	6 140 000	7 103 000	6 292 000	5 702 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,74 %	11,17 %	9,36 %	16,73 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	103,32 %	97,18 %	96,09 %	97,17 %
Current Ratio	307	355,15	-	-
Quick Ratio	307	355,15	-	-
Equity Ratio	1	1	1	1
Gross Profit Margin	100 %	100 %	100 %	100 %