MEENSVEIEN BORETTSLAG

3916 PORSGRUNN

Finances

Share Ownership

Return on Equity

10,3 %

Current Ratio

6,55

Debt-to-Equity Ratio

3,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	272 000	261 000	268 000	259 000
Net Income	99 000	109 000	113 000	69 000
Total Assets	4 660 000	4 642 000	4 626 000	4 596 000
Total Equity	961 000	862 000	753 000	640 000

Income (NOK)	2022	2021	2020	2019
Revenue	272 000	261 000	268 000	259 000
Expenditure	114 000	112 000	103 000	124 000
Operating Profit	157 000	149 000	165 000	136 000
Financial Income	1 000	0	0	0
Financial Costs	59 000	40 000	52 000	67 000
Financial Balance	−58 000	−40 000	−52 000	−67 000
Earnings Before Tax	99 000	109 000	113 000	69 000
Tax	0	0	0	0
Net Income	99 000	109 000	113 000	69 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 587 000	4 575 000	4 563 000	4 551 000
Total Current Assets	72 000	67 000	63 000	45 000
Total Assets	4 660 000	4 642 000	4 626 000	4 596 000
Total Retained Equity	961 000	861 000	753 000	639 000
Total Equity	961 000	862 000	753 000	640 000
Total Long-Term Debt	3 688 000	3 771 000	3 861 000	3 948 000
Total Current Debt	11 000	9 000	11 000	9 000
Total Equity and Debt	4 660 000	4 642 000	4 626 000	4 596 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	272 000	261 000	268 000	259 000
Revenue	272 000	261 000	268 000	259 000
Cost of Goods Sold	0	0	0	0
Salary Costs	16 000	16 000	13 000	13 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	114 000	112 000	103 000	124 000
Operating Profit	157 000	149 000	165 000	136 000
Financial Income	1 000	0	0	0
Financial Costs	59 000	40 000	52 000	67 000
Financial Balance	−58 000	−40 000	−52 000	−67 000
Dividends	0	0	0	0
Net Income	99 000	109 000	113 000	69 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 500 000	4 500 000	4 500 000	4 500 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 500 000	4 500 000	4 500 000	4 500 000
Total Fiancial Fixed Assets	87 000	75 000	63 000	51 000
Total Fixed Assets	4 587 000	4 575 000	4 563 000	4 551 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	57 000	52 000	49 000	33 000
Total Current Assets	72 000	67 000	63 000	45 000
Total Assets	4 660 000	4 642 000	4 626 000	4 596 000
Total Equity	961 000	862 000	753 000	640 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 688 000	3 771 000	3 861 000	3 948 000
Creditors	9 000	9 000	8 000	8 000
Unpaid Taxes	0	1 000	2 000	0
Dividends	0	0	0	0
Other Current Debt	1 000	0	1 000	1 000
Total Current Debt	11 000	9 000	11 000	9 000
Total Equity and Debt	4 660 000	4 642 000	4 626 000	4 596 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,3 %	12,65 %	15,01 %	10,78 %
Debt-to-Equity Ratio	3,84	4,37	5,13	6,17
Operating Profit Margin	57,72 %	57,09 %	61,57 %	52,51 %
Current Ratio	6,55	7,44	5,73	5
Quick Ratio	6,55	7,44	5,73	5
Equity Ratio	0,21	0,19	0,16	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %