MEIFA EIENDOM AS

5042 BERGEN

Finances

Share Ownership

Return on Equity

−1 998,11 %

Current Ratio

2,85

Debt-to-Equity Ratio

99,15

Key figures (NOK)	2021	2020	2019	2018
Revenue	115 000	18 000	102 000	2 066 000
Net Income	−1 059 000	−1 505 000	−2 340 000	−406 000
Total Assets	5 755 000	7 316 000	18 893 000	18 548 000
Total Equity	53 000	52 000	57 000	110 000

Income (NOK)	2021	2020	2019	2018
Revenue	115 000	18 000	102 000	2 066 000
Expenditure	1 170 000	1 375 000	1 482 000	1 538 000
Operating Profit	−1 055 000	−1 357 000	−1 380 000	528 000
Financial Income	9 000	14 000	7 000	18 000
Financial Costs	13 000	162 000	693 000	1 005 000
Financial Balance	−4 000	−148 000	−686 000	−987 000
Earnings Before Tax	−1 059 000	−1 505 000	−2 066 000	−458 000
Tax	0	0	275 000	−52 000
Net Income	−1 059 000	−1 505 000	−2 340 000	−406 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	4 483 000	5 573 000	6 526 000	17 612 000
Total Current Assets	1 272 000	1 744 000	12 367 000	935 000
Total Assets	5 755 000	7 316 000	18 893 000	18 548 000
Total Retained Equity	23 000	22 000	27 000	10 000
Total Equity	53 000	52 000	57 000	110 000
Total Long-Term Debt	5 255 000	6 949 000	17 780 000	17 381 000
Total Current Debt	447 000	315 000	1 056 000	1 057 000
Total Equity and Debt	5 755 000	7 316 000	18 893 000	18 548 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	50 000	18 000	101 000	1 927 000
Other Income	65 000	0	1 000	139 000
Revenue	115 000	18 000	102 000	2 066 000
Cost of Goods Sold	0	0	0	89 000
Salary Costs	0	−1 000	113 000	274 000
Depreciation	60 000	79 000	134 000	43 000
Impairment	1 000 000	1 000 000	0	0
Expenditure	1 170 000	1 375 000	1 482 000	1 538 000
Operating Profit	−1 055 000	−1 357 000	−1 380 000	528 000
Financial Income	9 000	14 000	7 000	18 000
Financial Costs	13 000	162 000	693 000	1 005 000
Financial Balance	−4 000	−148 000	−686 000	−987 000
Dividends	0	0	442 000	0
Net Income	−1 059 000	−1 505 000	−2 340 000	−406 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	452 000
Real Eastate	4 440 000	5 440 000	6 332 000	16 894 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	42 000	102 000	164 000	236 000
Total Tangible Assets	4 483 000	5 543 000	6 496 000	17 130 000
Total Fiancial Fixed Assets	0	30 000	30 000	30 000
Total Fixed Assets	4 483 000	5 573 000	6 526 000	17 612 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	55 000	111 000
Total Current Assets	1 272 000	1 744 000	12 367 000	935 000
Total Assets	5 755 000	7 316 000	18 893 000	18 548 000
Total Equity	53 000	52 000	57 000	110 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 255 000	6 949 000	17 780 000	17 381 000
Creditors	304 000	289 000	521 000	713 000
Unpaid Taxes	12 000	12 000	41 000	191 000
Dividends	0	0	442 000	0
Other Current Debt	83 000	14 000	52 000	153 000
Total Current Debt	447 000	315 000	1 056 000	1 057 000
Total Equity and Debt	5 755 000	7 316 000	18 893 000	18 548 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−1 998,11 %	−2 894,23 %	−4 105,26 %	−369,09 %
Debt-to-Equity Ratio	99,15	133,63	311,93	158,01
Operating Profit Margin	−917,39 %	−7 538,89 %	−1 352,94 %	25,56 %
Current Ratio	2,85	5,54	11,71	0,88
Quick Ratio	2,85	5,54	11,71	0,88
Equity Ratio	0,01	0,01	0	0,01
Gross Profit Margin	100 %	100 %	100 %	95,69 %