MOUNTAIN DEVELOPMENT AS

3536 NORESUND

Finances

Share Ownership

Return on Equity

534,01 %

Current Ratio

Debt-to-Equity Ratio

−74,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−785 000	−5 724 000	−17 000	−16 000
Total Assets	10 895 000	9 395 000	9 395 000	9 395 000
Total Equity	−147 000	−6 363 000	−638 000	−621 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	105 000	46 000	17 000	16 000
Operating Profit	−105 000	−46 000	−17 000	−16 000
Financial Income	0	0	0	0
Financial Costs	680 000	5 678 000	0	1 000
Financial Balance	−680 000	−5 678 000	0	−1 000
Earnings Before Tax	−785 000	−5 724 000	−17 000	−16 000
Tax	0	0	0	0
Net Income	−785 000	−5 724 000	−17 000	−16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 395 000	9 395 000	9 395 000	9 395 000
Total Current Assets	1 500 000	0	0	0
Total Assets	10 895 000	9 395 000	9 395 000	9 395 000
Total Retained Equity	−10 132 000	−9 348 000	−3 623 000	−3 606 000
Total Equity	−147 000	−6 363 000	−638 000	−621 000
Total Long-Term Debt	10 918 000	15 689 000	9 983 000	9 950 000
Total Current Debt	125 000	68 000	50 000	67 000
Total Equity and Debt	10 895 000	9 395 000	9 395 000	9 395 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	105 000	46 000	17 000	16 000
Operating Profit	−105 000	−46 000	−17 000	−16 000
Financial Income	0	0	0	0
Financial Costs	680 000	5 678 000	0	1 000
Financial Balance	−680 000	−5 678 000	0	−1 000
Dividends	0	0	0	0
Net Income	−785 000	−5 724 000	−17 000	−16 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 945 000	8 945 000	8 945 000	8 945 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 945 000	8 945 000	8 945 000	8 945 000
Total Fiancial Fixed Assets	450 000	450 000	450 000	450 000
Total Fixed Assets	9 395 000	9 395 000	9 395 000	9 395 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	1 500 000	0	0	0
Total Assets	10 895 000	9 395 000	9 395 000	9 395 000
Total Equity	−147 000	−6 363 000	−638 000	−621 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 918 000	15 689 000	9 983 000	9 950 000
Creditors	105 000	48 000	30 000	46 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	20 000	20 000	20 000	21 000
Total Current Debt	125 000	68 000	50 000	67 000
Total Equity and Debt	10 895 000	9 395 000	9 395 000	9 395 000

Financial indicators	2022	2021	2020	2019
Return on Equity	534,01 %	89,96 %	2,66 %	2,58 %
Debt-to-Equity Ratio	−74,27	−2,47	−15,65	−16,02
Operating Profit Margin	-	-	-	-
Current Ratio	12	0	0	0
Quick Ratio	12	0	0	0
Equity Ratio	−0,01	−0,68	−0,07	−0,07
Gross Profit Margin	-	-	-	-