BRØDR. MICHELSEN HOLDING AS

1394 NESBRU

Finances

Return on Equity

95,47 %

Current Ratio

6,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	823 000	147 000	81 000	79 000
Net Income	9 940 000	391 000	−69 000	225 000
Total Assets	11 255 000	6 730 000	6 977 000	7 125 000
Total Equity	10 412 000	2 515 000	2 125 000	2 194 000

Income (NOK)	2022	2021	2020	2019
Revenue	823 000	147 000	81 000	79 000
Expenditure	1 555 000	429 000	357 000	325 000
Operating Profit	−732 000	−282 000	−276 000	−245 000
Financial Income	10 720 000	828 000	358 000	600 000
Financial Costs	48 000	155 000	151 000	130 000
Financial Balance	10 672 000	673 000	207 000	470 000
Earnings Before Tax	9 940 000	391 000	−69 000	225 000
Tax	0	0	0	0
Net Income	9 940 000	391 000	−69 000	225 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 476 000	6 323 000	6 587 000	7 056 000
Total Current Assets	5 779 000	407 000	389 000	69 000
Total Assets	11 255 000	6 730 000	6 977 000	7 125 000
Total Retained Equity	9 620 000	1 724 000	1 333 000	1 402 000
Total Equity	10 412 000	2 515 000	2 125 000	2 194 000
Total Long-Term Debt	0	0	0	2 646 000
Total Current Debt	843 000	4 215 000	4 852 000	2 285 000
Total Equity and Debt	11 255 000	6 730 000	6 977 000	7 125 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	823 000	147 000	81 000	79 000
Revenue	823 000	147 000	81 000	79 000
Cost of Goods Sold	0	19 000	6 000	0
Salary Costs	0	0	0	0
Depreciation	246 000	269 000	269 000	221 000
Impairment	0	0	0	0
Expenditure	1 555 000	429 000	357 000	325 000
Operating Profit	−732 000	−282 000	−276 000	−245 000
Financial Income	10 720 000	828 000	358 000	600 000
Financial Costs	48 000	155 000	151 000	130 000
Financial Balance	10 672 000	673 000	207 000	470 000
Dividends	2 043 000	0	0	0
Net Income	9 940 000	391 000	−69 000	225 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	5 090 000	5 320 000	5 749 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	97 000	136 000	175 000
Total Tangible Assets	0	5 187 000	5 456 000	5 925 000
Total Fiancial Fixed Assets	5 476 000	1 136 000	1 131 000	1 131 000
Total Fixed Assets	5 476 000	6 323 000	6 587 000	7 056 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 044 000	356 000	389 000	69 000
Total Current Assets	5 779 000	407 000	389 000	69 000
Total Assets	11 255 000	6 730 000	6 977 000	7 125 000
Total Equity	10 412 000	2 515 000	2 125 000	2 194 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	2 646 000
Creditors	0	2 000	0	0
Unpaid Taxes	0	0	0	1 000
Dividends	2 043 000	0	0	0
Other Current Debt	0	4 212 000	4 852 000	2 285 000
Total Current Debt	843 000	4 215 000	4 852 000	2 285 000
Total Equity and Debt	11 255 000	6 730 000	6 977 000	7 125 000

Financial indicators	2022	2021	2020	2019
Return on Equity	95,47 %	15,55 %	−3,25 %	10,26 %
Debt-to-Equity Ratio	0	0	0	1,21
Operating Profit Margin	−88,94 %	−191,84 %	−340,74 %	−310,13 %
Current Ratio	6,86	0,1	0,08	0,03
Quick Ratio	6,86	0,1	0,08	0,03
Equity Ratio	0,93	0,37	0,3	0,31
Gross Profit Margin	100 %	87,07 %	92,59 %	100 %