MJÅVANNSVEGEN 69 AS

4628 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

75,22 %

Current Ratio

2,4

Debt-to-Equity Ratio

20,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 929 000	3 104 000	1 661 000	593 000
Net Income	3 370 000	110 000	−1 261 000	−2 797 000
Total Assets	99 575 000	55 118 000	63 804 000	54 692 000
Total Equity	4 480 000	1 110 000	18 727 000	12 514 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 929 000	3 104 000	1 661 000	593 000
Expenditure	4 352 000	2 078 000	2 002 000	2 411 000
Operating Profit	6 576 000	1 026 000	−341 000	−1 818 000
Financial Income	6 000	0	2 000	5 000
Financial Costs	2 260 000	871 000	1 277 000	1 773 000
Financial Balance	−2 254 000	−871 000	−1 275 000	−1 768 000
Earnings Before Tax	4 322 000	155 000	−1 617 000	−3 586 000
Tax	952 000	45 000	−356 000	−790 000
Net Income	3 370 000	110 000	−1 261 000	−2 797 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	95 809 000	52 251 000	52 618 000	53 692 000
Total Current Assets	3 766 000	2 866 000	11 186 000	999 000
Total Assets	99 575 000	55 118 000	63 804 000	54 692 000
Total Retained Equity	3 480 000	110 000	6 263 000	7 524 000
Total Equity	4 480 000	1 110 000	18 727 000	12 514 000
Total Long-Term Debt	93 527 000	53 019 000	44 943 000	42 164 000
Total Current Debt	1 568 000	989 000	134 000	14 000
Total Equity and Debt	99 575 000	55 118 000	63 804 000	54 692 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	8 000	6 000	39 000
Other Income	10 929 000	3 096 000	1 655 000	555 000
Revenue	10 929 000	3 104 000	1 661 000	593 000
Cost of Goods Sold	1 473 000	0	0	31 000
Salary Costs	0	0	0	0
Depreciation	2 110 000	1 033 000	1 074 000	1 097 000
Impairment	0	0	0	0
Expenditure	4 352 000	2 078 000	2 002 000	2 411 000
Operating Profit	6 576 000	1 026 000	−341 000	−1 818 000
Financial Income	6 000	0	2 000	5 000
Financial Costs	2 260 000	871 000	1 277 000	1 773 000
Financial Balance	−2 254 000	−871 000	−1 275 000	−1 768 000
Dividends	0	0	0	0
Net Income	3 370 000	110 000	−1 261 000	−2 797 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	93 942 000	52 251 000	52 184 000	53 193 000
Machinery and Plant Facilities	0	0	434 000	500 000
Fixtures	1 867 000	0	0	0
Total Tangible Assets	95 809 000	52 251 000	52 618 000	53 692 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	95 809 000	52 251 000	52 618 000	53 692 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 400 000	2 629 000	1 525 000	872 000
Total Current Assets	3 766 000	2 866 000	11 186 000	999 000
Total Assets	99 575 000	55 118 000	63 804 000	54 692 000
Total Equity	4 480 000	1 110 000	18 727 000	12 514 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	93 527 000	53 019 000	44 943 000	42 164 000
Creditors	837 000	959 000	0	14 000
Unpaid Taxes	0	0	81 000	0
Dividends	0	0	0	0
Other Current Debt	288 000	30 000	52 000	0
Total Current Debt	1 568 000	989 000	134 000	14 000
Total Equity and Debt	99 575 000	55 118 000	63 804 000	54 692 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75,22 %	9,91 %	−6,73 %	−22,35 %
Debt-to-Equity Ratio	20,88	47,76	2,4	3,37
Operating Profit Margin	60,17 %	33,05 %	−20,53 %	−306,58 %
Current Ratio	2,4	2,9	83,48	71,36
Quick Ratio	2,4	2,9	83,48	71,36
Equity Ratio	0,04	0,02	0,29	0,23
Gross Profit Margin	86,52 %	100 %	100 %	94,77 %