MK HELGELAND AS

8752 KONSVIKOSEN

Finances

Share Ownership

Return on Equity

78,67 %

Current Ratio

1,99

Debt-to-Equity Ratio

−11,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	206 000	291 000	171 000	336 000
Net Income	−166 000	−108 000	−130 000	7 000
Total Assets	2 203 000	2 378 000	2 347 000	2 558 000
Total Equity	−211 000	−44 000	64 000	194 000

Income (NOK)	2022	2021	2020	2019
Revenue	206 000	291 000	171 000	336 000
Expenditure	262 000	321 000	226 000	220 000
Operating Profit	−55 000	−29 000	−54 000	116 000
Financial Income	0	0	0	0
Financial Costs	111 000	79 000	76 000	108 000
Financial Balance	−111 000	−79 000	−76 000	−108 000
Earnings Before Tax	−166 000	−108 000	−130 000	7 000
Tax	0	0	0	0
Net Income	−166 000	−108 000	−130 000	7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 058 000	2 152 000	2 245 000	2 339 000
Total Current Assets	145 000	227 000	102 000	219 000
Total Assets	2 203 000	2 378 000	2 347 000	2 558 000
Total Retained Equity	−2 061 000	−1 894 000	−1 786 000	−1 656 000
Total Equity	−211 000	−44 000	64 000	194 000
Total Long-Term Debt	2 341 000	2 331 000	2 252 000	2 243 000
Total Current Debt	73 000	91 000	31 000	121 000
Total Equity and Debt	2 203 000	2 378 000	2 347 000	2 558 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	206 000	291 000	171 000	336 000
Other Income	0	0	0	0
Revenue	206 000	291 000	171 000	336 000
Cost of Goods Sold	56 000	87 000	27 000	43 000
Salary Costs	0	0	0	0
Depreciation	93 000	94 000	94 000	93 000
Impairment	0	0	0	0
Expenditure	262 000	321 000	226 000	220 000
Operating Profit	−55 000	−29 000	−54 000	116 000
Financial Income	0	0	0	0
Financial Costs	111 000	79 000	76 000	108 000
Financial Balance	−111 000	−79 000	−76 000	−108 000
Dividends	0	0	0	0
Net Income	−166 000	−108 000	−130 000	7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 350 000	0	1 477 000	0
Machinery and Plant Facilities	709 000	2 152 000	768 000	2 339 000
Fixtures	0	0	0	0
Total Tangible Assets	2 058 000	2 152 000	2 245 000	2 339 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 058 000	2 152 000	2 245 000	2 339 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	21 000	107 000	14 000	89 000
Total Current Assets	145 000	227 000	102 000	219 000
Total Assets	2 203 000	2 378 000	2 347 000	2 558 000
Total Equity	−211 000	−44 000	64 000	194 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 341 000	2 331 000	2 252 000	2 243 000
Creditors	74 000	90 000	19 000	16 000
Unpaid Taxes	−1 000	2 000	1 000	0
Dividends	0	0	0	0
Other Current Debt	0	0	11 000	104 000
Total Current Debt	73 000	91 000	31 000	121 000
Total Equity and Debt	2 203 000	2 378 000	2 347 000	2 558 000

Financial indicators	2022	2021	2020	2019
Return on Equity	78,67 %	245,45 %	−203,13 %	3,61 %
Debt-to-Equity Ratio	−11,09	−52,98	35,19	11,56
Operating Profit Margin	−26,7 %	−9,97 %	−31,58 %	34,52 %
Current Ratio	1,99	2,49	3,29	1,81
Quick Ratio	1,99	2,49	3,29	1,81
Equity Ratio	−0,1	−0,02	0,03	0,08
Gross Profit Margin	72,82 %	70,1 %	84,21 %	87,2 %