MERDINVEGEN 34 BORETTSLAG

3717 SKIEN

Finances

Share Ownership

Return on Equity

12,18 %

Current Ratio

5,79

Debt-to-Equity Ratio

3,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	455 000	452 000	452 000	446 000
Net Income	191 000	193 000	174 000	190 000
Total Assets	6 596 000	6 610 000	6 597 000	6 581 000
Total Equity	1 568 000	1 377 000	1 185 000	1 011 000

Income (NOK)	2022	2021	2020	2019
Revenue	455 000	452 000	452 000	446 000
Expenditure	161 000	153 000	167 000	142 000
Operating Profit	294 000	299 000	285 000	304 000
Financial Income	10 000	3 000	3 000	4 000
Financial Costs	114 000	109 000	114 000	118 000
Financial Balance	−104 000	−106 000	−111 000	−114 000
Earnings Before Tax	191 000	193 000	174 000	190 000
Tax	0	0	0	0
Net Income	191 000	193 000	174 000	190 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 486 000	6 436 000	6 436 000	6 436 000
Total Current Assets	110 000	174 000	160 000	145 000
Total Assets	6 596 000	6 610 000	6 597 000	6 581 000
Total Retained Equity	1 568 000	1 377 000	1 185 000	1 011 000
Total Equity	1 568 000	1 377 000	1 185 000	1 011 000
Total Long-Term Debt	5 009 000	5 199 000	5 380 000	5 557 000
Total Current Debt	19 000	34 000	32 000	14 000
Total Equity and Debt	6 596 000	6 610 000	6 597 000	6 581 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	455 000	452 000	452 000	446 000
Revenue	455 000	452 000	452 000	446 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	7 000	0	0	0
Impairment	0	0	0	0
Expenditure	161 000	153 000	167 000	142 000
Operating Profit	294 000	299 000	285 000	304 000
Financial Income	10 000	3 000	3 000	4 000
Financial Costs	114 000	109 000	114 000	118 000
Financial Balance	−104 000	−106 000	−111 000	−114 000
Dividends	0	0	0	0
Net Income	191 000	193 000	174 000	190 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 486 000	6 436 000	6 436 000	6 436 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 486 000	6 436 000	6 436 000	6 436 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 486 000	6 436 000	6 436 000	6 436 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	64 000	104 000	105 000	91 000
Total Current Assets	110 000	174 000	160 000	145 000
Total Assets	6 596 000	6 610 000	6 597 000	6 581 000
Total Equity	1 568 000	1 377 000	1 185 000	1 011 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 009 000	5 199 000	5 380 000	5 557 000
Creditors	19 000	34 000	32 000	14 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	19 000	34 000	32 000	14 000
Total Equity and Debt	6 596 000	6 610 000	6 597 000	6 581 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,18 %	14,02 %	14,68 %	18,79 %
Debt-to-Equity Ratio	3,19	3,78	4,54	5,5
Operating Profit Margin	64,62 %	66,15 %	63,05 %	68,16 %
Current Ratio	5,79	5,12	5	10,36
Quick Ratio	5,79	5,12	5	10,36
Equity Ratio	0,24	0,21	0,18	0,15
Gross Profit Margin	100 %	100 %	100 %	100 %