STIFTELSEN MELAND GOLF & NATURPARK

5918 FREKHAUG

Finances

Share Ownership

Return on Equity

3,62 %

Current Ratio

0,81

Debt-to-Equity Ratio

1,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 679 000	2 608 000	1 142 000	1 079 000
Net Income	610 000	611 000	474 000	155 000
Total Assets	37 321 000	37 353 000	36 521 000	36 593 000
Total Equity	16 854 000	16 244 000	15 633 000	15 159 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 679 000	2 608 000	1 142 000	1 079 000
Expenditure	750 000	1 776 000	389 000	525 000
Operating Profit	929 000	832 000	752 000	553 000
Financial Income	4 000	4 000	4 000	0
Financial Costs	323 000	225 000	282 000	398 000
Financial Balance	−319 000	−221 000	−278 000	−398 000
Earnings Before Tax	610 000	611 000	474 000	155 000
Tax	0	0	0	0
Net Income	610 000	611 000	474 000	155 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 488 000	36 488 000	36 488 000	36 488 000
Total Current Assets	833 000	865 000	34 000	105 000
Total Assets	37 321 000	37 353 000	36 521 000	36 593 000
Total Retained Equity	14 354 000	13 744 000	13 133 000	12 659 000
Total Equity	16 854 000	16 244 000	15 633 000	15 159 000
Total Long-Term Debt	19 442 000	20 060 000	20 677 000	20 871 000
Total Current Debt	1 025 000	1 050 000	211 000	563 000
Total Equity and Debt	37 321 000	37 353 000	36 521 000	36 593 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 679 000	2 608 000	1 142 000	1 079 000
Revenue	1 679 000	2 608 000	1 142 000	1 079 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	750 000	1 776 000	389 000	525 000
Operating Profit	929 000	832 000	752 000	553 000
Financial Income	4 000	4 000	4 000	0
Financial Costs	323 000	225 000	282 000	398 000
Financial Balance	−319 000	−221 000	−278 000	−398 000
Dividends	0	0	0	0
Net Income	610 000	611 000	474 000	155 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	36 488 000	36 488 000	36 488 000	36 488 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	36 488 000	36 488 000	36 488 000	36 488 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	36 488 000	36 488 000	36 488 000	36 488 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	26 000	8 000	34 000	0
Total Current Assets	833 000	865 000	34 000	105 000
Total Assets	37 321 000	37 353 000	36 521 000	36 593 000
Total Equity	16 854 000	16 244 000	15 633 000	15 159 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 442 000	20 060 000	20 677 000	20 871 000
Creditors	6 000	48 000	103 000	291 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 018 000	1 001 000	108 000	18 000
Total Current Debt	1 025 000	1 050 000	211 000	563 000
Total Equity and Debt	37 321 000	37 353 000	36 521 000	36 593 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,62 %	3,76 %	3,03 %	1,02 %
Debt-to-Equity Ratio	1,15	1,23	1,32	1,38
Operating Profit Margin	55,33 %	31,9 %	65,85 %	51,25 %
Current Ratio	0,81	0,82	0,16	0,19
Quick Ratio	0,81	0,82	0,16	0,19
Equity Ratio	0,45	0,43	0,43	0,41
Gross Profit Margin	100 %	100 %	100 %	100 %