MEMO NÆRINGSEIENDOM AS

3112 TØNSBERG

Finances

Return on Equity

10,23 %

Current Ratio

0,8

Debt-to-Equity Ratio

1,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 425 000	2 550 000	1 608 000	1 606 000
Net Income	1 011 000	1 245 000	536 000	526 000
Total Assets	24 623 000	18 167 000	17 548 000	18 166 000
Total Equity	9 882 000	8 872 000	9 157 000	8 857 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 425 000	2 550 000	1 608 000	1 606 000
Expenditure	773 000	815 000	720 000	669 000
Operating Profit	1 652 000	1 734 000	888 000	937 000
Financial Income	4 000	4 000	4 000	0
Financial Costs	362 000	143 000	205 000	264 000
Financial Balance	−358 000	−139 000	−201 000	−264 000
Earnings Before Tax	1 294 000	1 595 000	687 000	673 000
Tax	284 000	350 000	150 000	147 000
Net Income	1 011 000	1 245 000	536 000	526 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 539 000	14 579 000	14 975 000	15 383 000
Total Current Assets	1 084 000	3 588 000	2 573 000	2 784 000
Total Assets	24 623 000	18 167 000	17 548 000	18 166 000
Total Retained Equity	4 057 000	3 047 000	3 332 000	3 032 000
Total Equity	9 882 000	8 872 000	9 157 000	8 857 000
Total Long-Term Debt	13 387 000	7 156 000	7 944 000	8 628 000
Total Current Debt	1 354 000	2 140 000	447 000	681 000
Total Equity and Debt	24 623 000	18 167 000	17 548 000	18 166 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 425 000	2 550 000	1 608 000	1 606 000
Revenue	2 425 000	2 550 000	1 608 000	1 606 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	373 000	395 000	408 000	408 000
Impairment	0	0	0	0
Expenditure	773 000	815 000	720 000	669 000
Operating Profit	1 652 000	1 734 000	888 000	937 000
Financial Income	4 000	4 000	4 000	0
Financial Costs	362 000	143 000	205 000	264 000
Financial Balance	−358 000	−139 000	−201 000	−264 000
Dividends	0	1 500 000	200 000	400 000
Net Income	1 011 000	1 245 000	536 000	526 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 271 000	14 567 000	14 928 000	15 290 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 000	12 000	46 000	93 000
Total Tangible Assets	14 275 000	14 579 000	14 975 000	15 383 000
Total Fiancial Fixed Assets	9 263 000	0	0	0
Total Fixed Assets	23 539 000	14 579 000	14 975 000	15 383 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	993 000	2 012 000	1 705 000	2 429 000
Total Current Assets	1 084 000	3 588 000	2 573 000	2 784 000
Total Assets	24 623 000	18 167 000	17 548 000	18 166 000
Total Equity	9 882 000	8 872 000	9 157 000	8 857 000
Short-Term Group Debt	115 000	39 000	47 000	85 000
Total Long-Term Debt	13 387 000	7 156 000	7 944 000	8 628 000
Creditors	15 000	16 000	5 000	5 000
Unpaid Taxes	90 000	238 000	53 000	60 000
Dividends	0	1 500 000	200 000	400 000
Other Current Debt	875 000	7 000	7 000	13 000
Total Current Debt	1 354 000	2 140 000	447 000	681 000
Total Equity and Debt	24 623 000	18 167 000	17 548 000	18 166 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,23 %	14,03 %	5,85 %	5,94 %
Debt-to-Equity Ratio	1,35	0,81	0,87	0,97
Operating Profit Margin	68,12 %	68 %	55,22 %	58,34 %
Current Ratio	0,8	1,68	5,76	4,09
Quick Ratio	0,8	1,68	5,76	4,09
Equity Ratio	0,4	0,49	0,52	0,49
Gross Profit Margin	100 %	100 %	100 %	100 %