M2 INVESTERING AS

4044 HAFRSFJORD

Finances

Share Ownership

Return on Equity

19,81 %

Current Ratio

0,46

Debt-to-Equity Ratio

1,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 274 000	3 152 000	2 996 000	2 848 000
Net Income	1 625 000	1 698 000	1 523 000	−719 000
Total Assets	23 190 000	24 660 000	24 721 000	24 595 000
Total Equity	8 201 000	7 376 000	8 078 000	7 755 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 274 000	3 152 000	2 996 000	2 848 000
Expenditure	763 000	693 000	683 000	3 299 000
Operating Profit	2 511 000	2 459 000	2 313 000	−451 000
Financial Income	14 000	2 000	5 000	8 000
Financial Costs	442 000	284 000	364 000	479 000
Financial Balance	−428 000	−282 000	−359 000	−471 000
Earnings Before Tax	2 084 000	2 176 000	1 953 000	−922 000
Tax	458 000	479 000	430 000	−203 000
Net Income	1 625 000	1 698 000	1 523 000	−719 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 729 000	23 277 000	23 806 000	24 352 000
Total Current Assets	461 000	1 384 000	915 000	243 000
Total Assets	23 190 000	24 660 000	24 721 000	24 595 000
Total Retained Equity	5 230 000	4 404 000	5 107 000	4 783 000
Total Equity	8 201 000	7 376 000	8 078 000	7 755 000
Total Long-Term Debt	13 996 000	15 208 000	16 366 000	16 681 000
Total Current Debt	993 000	2 076 000	276 000	159 000
Total Equity and Debt	23 190 000	24 660 000	24 721 000	24 595 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 274 000	3 152 000	2 996 000	2 848 000
Other Income	0	0	0	0
Revenue	3 274 000	3 152 000	2 996 000	2 848 000
Cost of Goods Sold	38 000	20 000	−29 000	109 000
Salary Costs	0	0	0	0
Depreciation	548 000	546 000	546 000	546 000
Impairment	0	0	0	0
Expenditure	763 000	693 000	683 000	3 299 000
Operating Profit	2 511 000	2 459 000	2 313 000	−451 000
Financial Income	14 000	2 000	5 000	8 000
Financial Costs	442 000	284 000	364 000	479 000
Financial Balance	−428 000	−282 000	−359 000	−471 000
Dividends	800 000	2 400 000	1 200 000	0
Net Income	1 625 000	1 698 000	1 523 000	−719 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	22 599 000	23 122 000	23 644 000	24 166 000
Machinery and Plant Facilities	130 000	155 000	162 000	185 000
Fixtures	0	0	0	0
Total Tangible Assets	22 729 000	23 277 000	23 806 000	24 352 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	22 729 000	23 277 000	23 806 000	24 352 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	356 000	1 349 000	914 000	212 000
Total Current Assets	461 000	1 384 000	915 000	243 000
Total Assets	23 190 000	24 660 000	24 721 000	24 595 000
Total Equity	8 201 000	7 376 000	8 078 000	7 755 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 996 000	15 208 000	16 366 000	16 681 000
Creditors	40 000	50 000	6 000	41 000
Unpaid Taxes	0	0	0	0
Dividends	800 000	2 400 000	1 200 000	0
Other Current Debt	332 000	1 440 000	270 000	118 000
Total Current Debt	993 000	2 076 000	276 000	159 000
Total Equity and Debt	23 190 000	24 660 000	24 721 000	24 595 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,81 %	23,02 %	18,85 %	−9,27 %
Debt-to-Equity Ratio	1,71	2,06	2,03	2,15
Operating Profit Margin	76,7 %	78,01 %	77,2 %	−15,84 %
Current Ratio	0,46	0,67	3,32	1,53
Quick Ratio	0,46	0,67	3,32	1,53
Equity Ratio	0,35	0,3	0,33	0,32
Gross Profit Margin	98,84 %	99,37 %	100,97 %	96,17 %