MUSTANG INVEST AS

2385 BRUMUNDDAL

Finances

Return on Equity

28,01 %

Current Ratio

1,25

Debt-to-Equity Ratio

1,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	938 000	882 000	792 000	739 000
Net Income	882 000	835 000	574 000	409 000
Total Assets	8 868 000	8 594 000	8 071 000	8 124 000
Total Equity	3 149 000	2 767 000	1 932 000	1 358 000

Income (NOK)	2022	2021	2020	2019
Revenue	938 000	882 000	792 000	739 000
Expenditure	433 000	474 000	448 000	461 000
Operating Profit	505 000	408 000	343 000	278 000
Financial Income	700 000	700 000	510 000	350 000
Financial Costs	231 000	193 000	218 000	162 000
Financial Balance	469 000	507 000	292 000	188 000
Earnings Before Tax	974 000	914 000	636 000	466 000
Tax	92 000	79 000	62 000	57 000
Net Income	882 000	835 000	574 000	409 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 838 000	7 611 000	7 357 000	7 081 000
Total Current Assets	1 030 000	983 000	715 000	1 043 000
Total Assets	8 868 000	8 594 000	8 071 000	8 124 000
Total Retained Equity	3 049 000	2 667 000	1 832 000	1 258 000
Total Equity	3 149 000	2 767 000	1 932 000	1 358 000
Total Long-Term Debt	4 893 000	5 563 000	5 820 000	6 159 000
Total Current Debt	826 000	264 000	320 000	607 000
Total Equity and Debt	8 868 000	8 594 000	8 071 000	8 124 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 000	31 000	31 000	31 000
Other Income	908 000	851 000	761 000	708 000
Revenue	938 000	882 000	792 000	739 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	260 000	266 000	268 000	268 000
Impairment	0	0	0	0
Expenditure	433 000	474 000	448 000	461 000
Operating Profit	505 000	408 000	343 000	278 000
Financial Income	700 000	700 000	510 000	350 000
Financial Costs	231 000	193 000	218 000	162 000
Financial Balance	469 000	507 000	292 000	188 000
Dividends	500 000	0	0	350 000
Net Income	882 000	835 000	574 000	409 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 709 000	7 482 000	7 223 000	6 939 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	5 000	13 000
Total Tangible Assets	7 709 000	7 482 000	7 228 000	6 952 000
Total Fiancial Fixed Assets	129 000	129 000	129 000	129 000
Total Fixed Assets	7 838 000	7 611 000	7 357 000	7 081 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	313 000	271 000	706 000	533 000
Total Current Assets	1 030 000	983 000	715 000	1 043 000
Total Assets	8 868 000	8 594 000	8 071 000	8 124 000
Total Equity	3 149 000	2 767 000	1 932 000	1 358 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 893 000	5 563 000	5 820 000	6 159 000
Creditors	21 000	2 000	71 000	16 000
Unpaid Taxes	168 000	157 000	159 000	145 000
Dividends	500 000	0	0	350 000
Other Current Debt	44 000	27 000	28 000	390 000
Total Current Debt	826 000	264 000	320 000	607 000
Total Equity and Debt	8 868 000	8 594 000	8 071 000	8 124 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,01 %	30,18 %	29,71 %	30,12 %
Debt-to-Equity Ratio	1,55	2,01	3,01	4,54
Operating Profit Margin	53,84 %	46,26 %	43,31 %	37,62 %
Current Ratio	1,25	3,72	2,23	1,72
Quick Ratio	1,25	3,72	2,23	1,72
Equity Ratio	0,36	0,32	0,24	0,17
Gross Profit Margin	100 %	100 %	100 %	100 %