MG HOLDINGSELSKAP AS

1363 HØVIK

Finances

Return on Equity

2,04 %

Current Ratio

157,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	60 000	725 000	468 000	−883 000
Total Assets	2 941 000	2 969 000	2 313 000	1 852 000
Total Equity	2 935 000	2 875 000	2 150 000	1 782 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	−1 764 000	1 074 000	415 000	500 000
Operating Profit	1 764 000	−1 074 000	−415 000	−500 000
Financial Income	1 802 000	1 802 000	976 000	0
Financial Costs	3 500 000	0	94 000	383 000
Financial Balance	−1 698 000	1 802 000	882 000	−383 000
Earnings Before Tax	66 000	727 000	468 000	−883 000
Tax	7 000	2 000	0	0
Net Income	60 000	725 000	468 000	−883 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 839 000	1 839 000	1 839 000	1 847 000
Total Current Assets	1 102 000	1 130 000	474 000	5 000
Total Assets	2 941 000	2 969 000	2 313 000	1 852 000
Total Retained Equity	2 328 000	2 268 000	1 543 000	1 175 000
Total Equity	2 935 000	2 875 000	2 150 000	1 782 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 000	94 000	164 000	70 000
Total Equity and Debt	2 941 000	2 969 000	2 313 000	1 852 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	−1 764 000	1 074 000	415 000	500 000
Operating Profit	1 764 000	−1 074 000	−415 000	−500 000
Financial Income	1 802 000	1 802 000	976 000	0
Financial Costs	3 500 000	0	94 000	383 000
Financial Balance	−1 698 000	1 802 000	882 000	−383 000
Dividends	0	0	100 000	0
Net Income	60 000	725 000	468 000	−883 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 839 000	1 839 000	1 839 000	1 847 000
Total Fixed Assets	1 839 000	1 839 000	1 839 000	1 847 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	194 000	1 130 000	474 000	5 000
Total Current Assets	1 102 000	1 130 000	474 000	5 000
Total Assets	2 941 000	2 969 000	2 313 000	1 852 000
Total Equity	2 935 000	2 875 000	2 150 000	1 782 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	100 000	0
Other Current Debt	0	92 000	164 000	70 000
Total Current Debt	7 000	94 000	164 000	70 000
Total Equity and Debt	2 941 000	2 969 000	2 313 000	1 852 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,04 %	25,22 %	21,77 %	−49,55 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	157,43	12,02	2,89	0,07
Quick Ratio	157,43	12,02	2,89	0,07
Equity Ratio	1	0,97	0,93	0,96
Gross Profit Margin	-	-	-	-