MIKLAGARD GOLF AS

2040 KLØFTA

Finances

Return on Equity

−0,53 %

Current Ratio

0,54

Debt-to-Equity Ratio

0,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 457 000	920 000	720 000	1 204 000
Net Income	−148 000	27 000	256 000	−202 000
Total Assets	48 645 000	48 723 000	49 082 000	49 993 000
Total Equity	28 020 000	28 168 000	28 141 000	27 885 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 457 000	920 000	720 000	1 204 000
Expenditure	1 439 000	1 193 000	1 041 000	2 048 000
Operating Profit	18 000	−273 000	−321 000	−844 000
Financial Income	728 000	1 085 000	1 398 000	1 517 000
Financial Costs	893 000	785 000	822 000	875 000
Financial Balance	−165 000	300 000	576 000	642 000
Earnings Before Tax	−148 000	27 000	256 000	−202 000
Tax	0	0	0	0
Net Income	−148 000	27 000	256 000	−202 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	47 374 000	47 226 000	47 636 000	48 669 000
Total Current Assets	1 271 000	1 497 000	1 446 000	1 324 000
Total Assets	48 645 000	48 723 000	49 082 000	49 993 000
Total Retained Equity	−17 792 000	−17 644 000	−17 671 000	−17 927 000
Total Equity	28 020 000	28 168 000	28 141 000	27 885 000
Total Long-Term Debt	18 250 000	19 250 000	20 000 000	20 000 000
Total Current Debt	2 375 000	1 305 000	941 000	2 108 000
Total Equity and Debt	48 645 000	48 723 000	49 082 000	49 993 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	484 000
Other Income	1 457 000	920 000	720 000	720 000
Revenue	1 457 000	920 000	720 000	1 204 000
Cost of Goods Sold	0	0	0	709 000
Salary Costs	46 000	46 000	46 000	−59 000
Depreciation	430 000	430 000	413 000	386 000
Impairment	0	0	0	0
Expenditure	1 439 000	1 193 000	1 041 000	2 048 000
Operating Profit	18 000	−273 000	−321 000	−844 000
Financial Income	728 000	1 085 000	1 398 000	1 517 000
Financial Costs	893 000	785 000	822 000	875 000
Financial Balance	−165 000	300 000	576 000	642 000
Dividends	0	0	0	0
Net Income	−148 000	27 000	256 000	−202 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 294 000	10 651 000	11 009 000	11 366 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	391 000	464 000	362 000	149 000
Total Tangible Assets	10 685 000	11 115 000	11 371 000	11 515 000
Total Fiancial Fixed Assets	36 689 000	36 111 000	36 266 000	37 154 000
Total Fixed Assets	47 374 000	47 226 000	47 636 000	48 669 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	139 000	54 000	47 000	136 000
Total Current Assets	1 271 000	1 497 000	1 446 000	1 324 000
Total Assets	48 645 000	48 723 000	49 082 000	49 993 000
Total Equity	28 020 000	28 168 000	28 141 000	27 885 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 250 000	19 250 000	20 000 000	20 000 000
Creditors	111 000	194 000	126 000	123 000
Unpaid Taxes	0	50 000	0	103 000
Dividends	0	0	0	0
Other Current Debt	227 000	105 000	109 000	1 116 000
Total Current Debt	2 375 000	1 305 000	941 000	2 108 000
Total Equity and Debt	48 645 000	48 723 000	49 082 000	49 993 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,53 %	0,1 %	0,91 %	−0,72 %
Debt-to-Equity Ratio	0,65	0,68	0,71	0,72
Operating Profit Margin	1,24 %	−29,67 %	−44,58 %	−70,1 %
Current Ratio	0,54	1,15	1,54	0,63
Quick Ratio	0,54	1,15	1,54	0,63
Equity Ratio	0,58	0,58	0,57	0,56
Gross Profit Margin	100 %	100 %	100 %	41,11 %