MICAELSEN EIENDOM AS

7051 TRONDHEIM

Finances

Share Ownership

Return on Equity

18,09 %

Current Ratio

3,19

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 547 000	8 670 000	7 890 000	8 047 000
Net Income	3 976 000	4 552 000	5 133 000	5 173 000
Total Assets	26 382 000	22 771 000	19 427 000	45 632 000
Total Equity	21 975 000	19 000 000	15 448 000	40 315 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 547 000	8 670 000	7 890 000	8 047 000
Expenditure	3 583 000	2 907 000	1 548 000	1 907 000
Operating Profit	4 964 000	5 763 000	6 343 000	6 141 000
Financial Income	133 000	73 000	305 000	491 000
Financial Costs	0	1 000	67 000	0
Financial Balance	133 000	72 000	238 000	491 000
Earnings Before Tax	5 097 000	5 836 000	6 581 000	6 632 000
Tax	1 121 000	1 284 000	1 448 000	1 459 000
Net Income	3 976 000	4 552 000	5 133 000	5 173 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 594 000	14 408 000	14 976 000	15 524 000
Total Current Assets	11 788 000	8 363 000	4 451 000	30 108 000
Total Assets	26 382 000	22 771 000	19 427 000	45 632 000
Total Retained Equity	21 719 000	18 743 000	15 191 000	40 059 000
Total Equity	21 975 000	19 000 000	15 448 000	40 315 000
Total Long-Term Debt	708 000	727 000	740 000	777 000
Total Current Debt	3 700 000	3 044 000	3 240 000	4 541 000
Total Equity and Debt	26 382 000	22 771 000	19 427 000	45 632 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	8 547 000	8 670 000	7 890 000	8 047 000
Revenue	8 547 000	8 670 000	7 890 000	8 047 000
Cost of Goods Sold	0	0	0	0
Salary Costs	617 000	571 000	1 000	1 000
Depreciation	448 000	482 000	549 000	624 000
Impairment	0	0	0	0
Expenditure	3 583 000	2 907 000	1 548 000	1 907 000
Operating Profit	4 964 000	5 763 000	6 343 000	6 141 000
Financial Income	133 000	73 000	305 000	491 000
Financial Costs	0	1 000	67 000	0
Financial Balance	133 000	72 000	238 000	491 000
Dividends	1 000 000	1 000 000	30 000 000	2 500 000
Net Income	3 976 000	4 552 000	5 133 000	5 173 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 594 000	14 393 000	14 871 000	15 374 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	15 000	105 000	150 000
Total Tangible Assets	14 594 000	14 408 000	14 976 000	15 524 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 594 000	14 408 000	14 976 000	15 524 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 673 000	8 254 000	4 370 000	30 108 000
Total Current Assets	11 788 000	8 363 000	4 451 000	30 108 000
Total Assets	26 382 000	22 771 000	19 427 000	45 632 000
Total Equity	21 975 000	19 000 000	15 448 000	40 315 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	708 000	727 000	740 000	777 000
Creditors	829 000	131 000	0	0
Unpaid Taxes	45 000	43 000	1 000	1 000
Dividends	1 000 000	1 000 000	30 000 000	2 500 000
Other Current Debt	685 000	574 000	754 000	534 000
Total Current Debt	3 700 000	3 044 000	3 240 000	4 541 000
Total Equity and Debt	26 382 000	22 771 000	19 427 000	45 632 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,09 %	23,96 %	33,23 %	12,83 %
Debt-to-Equity Ratio	0,03	0,04	0,05	0,02
Operating Profit Margin	58,08 %	66,47 %	80,39 %	76,31 %
Current Ratio	3,19	2,75	1,37	6,63
Quick Ratio	3,19	2,75	1,37	6,63
Equity Ratio	0,83	0,83	0,8	0,88
Gross Profit Margin	100 %	100 %	100 %	100 %