M2 LEIE AS

4950 RISØR

Finances

Share Ownership

Return on Equity

15,22 %

Current Ratio

0,24

Debt-to-Equity Ratio

−1,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 141 000	1 388 000	1 497 000	1 017 000
Net Income	−1 194 000	−90 000	−690 000	−3 006 000
Total Assets	7 964 000	6 938 000	8 946 000	12 764 000
Total Equity	−7 843 000	−6 649 000	−6 559 000	−5 869 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 141 000	1 388 000	1 497 000	1 017 000
Expenditure	1 828 000	1 021 000	1 490 000	2 970 000
Operating Profit	−686 000	367 000	7 000	−1 954 000
Financial Income	0	0	2 000	0
Financial Costs	509 000	457 000	698 000	1 052 000
Financial Balance	−509 000	−457 000	−696 000	−1 052 000
Earnings Before Tax	−1 194 000	−90 000	−690 000	−3 006 000
Tax	0	0	0	0
Net Income	−1 194 000	−90 000	−690 000	−3 006 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 840 000	6 884 000	8 946 000	12 759 000
Total Current Assets	1 124 000	54 000	0	5 000
Total Assets	7 964 000	6 938 000	8 946 000	12 764 000
Total Retained Equity	−8 343 000	−7 149 000	−7 059 000	−6 369 000
Total Equity	−7 843 000	−6 649 000	−6 559 000	−5 869 000
Total Long-Term Debt	11 192 000	9 942 000	11 731 000	13 763 000
Total Current Debt	4 614 000	3 645 000	3 773 000	4 870 000
Total Equity and Debt	7 964 000	6 938 000	8 946 000	12 764 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 000	434 000	633 000	84 000
Other Income	1 121 000	954 000	865 000	933 000
Revenue	1 141 000	1 388 000	1 497 000	1 017 000
Cost of Goods Sold	18 000	107 000	93 000	0
Salary Costs	743 000	373 000	344 000	294 000
Depreciation	44 000	62 000	163 000	714 000
Impairment	0	0	0	1 412 000
Expenditure	1 828 000	1 021 000	1 490 000	2 970 000
Operating Profit	−686 000	367 000	7 000	−1 954 000
Financial Income	0	0	2 000	0
Financial Costs	509 000	457 000	698 000	1 052 000
Financial Balance	−509 000	−457 000	−696 000	−1 052 000
Dividends	0	0	0	0
Net Income	−1 194 000	−90 000	−690 000	−3 006 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 840 000	6 880 000	8 920 000	12 706 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	4 000	26 000	53 000
Total Tangible Assets	6 840 000	6 884 000	8 946 000	12 759 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 840 000	6 884 000	8 946 000	12 759 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 118 000	54 000	0	5 000
Total Current Assets	1 124 000	54 000	0	5 000
Total Assets	7 964 000	6 938 000	8 946 000	12 764 000
Total Equity	−7 843 000	−6 649 000	−6 559 000	−5 869 000
Short-Term Group Debt	2 936 000	2 879 000	2 641 000	2 769 000
Total Long-Term Debt	11 192 000	9 942 000	11 731 000	13 763 000
Creditors	172 000	179 000	296 000	733 000
Unpaid Taxes	86 000	223 000	275 000	530 000
Dividends	0	0	0	0
Other Current Debt	1 421 000	364 000	562 000	837 000
Total Current Debt	4 614 000	3 645 000	3 773 000	4 870 000
Total Equity and Debt	7 964 000	6 938 000	8 946 000	12 764 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,22 %	1,35 %	10,52 %	51,22 %
Debt-to-Equity Ratio	−1,43	−1,5	−1,79	−2,35
Operating Profit Margin	−60,12 %	26,44 %	0,47 %	−192,13 %
Current Ratio	0,24	0,01	0	0
Quick Ratio	0,24	0,01	0	0
Equity Ratio	−0,98	−0,96	−0,73	−0,46
Gross Profit Margin	98,42 %	92,29 %	93,79 %	100 %