MELKEVEIEN 11 AS

3736 SKIEN

Finances

Share Ownership

Return on Equity

−155 %

Current Ratio

0,05

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	782 000	60 000	38 000	4 000
Net Income	−1 550 000	−772 000	−707 000	−806 000
Total Assets	10 659 000	14 067 000	4 214 000	4 302 000
Total Equity	1 000 000	2 360 000	2 445 000	2 512 000

Income (NOK)	2022	2021	2020	2019
Revenue	782 000	60 000	38 000	4 000
Expenditure	2 309 000	1 022 000	954 000	1 028 000
Operating Profit	−1 527 000	−961 000	−916 000	−1 024 000
Financial Income	13 000	0	10 000	0
Financial Costs	473 000	28 000	0	9 000
Financial Balance	−460 000	−28 000	10 000	−9 000
Earnings Before Tax	−1 987 000	−989 000	−906 000	−1 033 000
Tax	−437 000	−218 000	−199 000	−227 000
Net Income	−1 550 000	−772 000	−707 000	−806 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 172 000	10 856 000	3 275 000	3 297 000
Total Current Assets	487 000	3 211 000	939 000	1 005 000
Total Assets	10 659 000	14 067 000	4 214 000	4 302 000
Total Retained Equity	−2 313 000	−763 000	8 000	715 000
Total Equity	1 000 000	2 360 000	2 445 000	2 512 000
Total Long-Term Debt	10 000	394 000	417 000	437 000
Total Current Debt	9 649 000	11 313 000	1 352 000	1 353 000
Total Equity and Debt	10 659 000	14 067 000	4 214 000	4 302 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	782 000	60 000	38 000	4 000
Revenue	782 000	60 000	38 000	4 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	192 000	171 000	171 000	171 000
Impairment	0	0	0	0
Expenditure	2 309 000	1 022 000	954 000	1 028 000
Operating Profit	−1 527 000	−961 000	−916 000	−1 024 000
Financial Income	13 000	0	10 000	0
Financial Costs	473 000	28 000	0	9 000
Financial Balance	−460 000	−28 000	10 000	−9 000
Dividends	0	0	0	0
Net Income	−1 550 000	−772 000	−707 000	−806 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 170 000	10 850 000	3 266 000	3 284 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 000	6 000	10 000	14 000
Total Tangible Assets	10 172 000	10 856 000	3 275 000	3 297 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 172 000	10 856 000	3 275 000	3 297 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	224 000	373 000	49 000	43 000
Total Current Assets	487 000	3 211 000	939 000	1 005 000
Total Assets	10 659 000	14 067 000	4 214 000	4 302 000
Total Equity	1 000 000	2 360 000	2 445 000	2 512 000
Short-Term Group Debt	9 382 000	9 076 000	1 293 000	391 000
Total Long-Term Debt	10 000	394 000	417 000	437 000
Creditors	155 000	2 192 000	39 000	962 000
Unpaid Taxes	28 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	84 000	45 000	20 000	0
Total Current Debt	9 649 000	11 313 000	1 352 000	1 353 000
Total Equity and Debt	10 659 000	14 067 000	4 214 000	4 302 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−155 %	−32,71 %	−28,92 %	−32,09 %
Debt-to-Equity Ratio	0,01	0,17	0,17	0,17
Operating Profit Margin	−195,27 %	−1 601,67 %	−2 410,53 %	−25 600 %
Current Ratio	0,05	0,28	0,69	0,74
Quick Ratio	0,05	0,28	0,69	0,74
Equity Ratio	0,09	0,17	0,58	0,58
Gross Profit Margin	100 %	100 %	100 %	100 %