M12 KULTURTERMINALEN AS

5336 TJELDSTØ

Finances

Share Ownership

Return on Equity

1,1 %

Current Ratio

2,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	793 000	859 000	619 000	0
Net Income	27 000	333 000	303 000	−165 000
Total Assets	2 816 000	2 487 000	2 458 000	2 117 000
Total Equity	2 448 000	2 421 000	2 088 000	2 117 000

Income (NOK)	2022	2021	2020	2019
Revenue	793 000	859 000	619 000	0
Expenditure	721 000	421 000	225 000	206 000
Operating Profit	73 000	438 000	393 000	−206 000
Financial Income	0	0	0	0
Financial Costs	37 000	11 000	5 000	5 000
Financial Balance	−37 000	−11 000	−5 000	−5 000
Earnings Before Tax	35 000	427 000	388 000	−211 000
Tax	8 000	94 000	85 000	−46 000
Net Income	27 000	333 000	303 000	−165 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 813 000	1 811 000	1 959 000	2 099 000
Total Current Assets	1 003 000	676 000	499 000	18 000
Total Assets	2 816 000	2 487 000	2 458 000	2 117 000
Total Retained Equity	2 348 000	2 321 000	1 988 000	2 017 000
Total Equity	2 448 000	2 421 000	2 088 000	2 117 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	368 000	66 000	370 000	0
Total Equity and Debt	2 816 000	2 487 000	2 458 000	2 117 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	793 000	833 000	619 000	0
Other Income	0	26 000	0	0
Revenue	793 000	859 000	619 000	0
Cost of Goods Sold	322 000	215 000	88 000	0
Salary Costs	0	0	0	0
Depreciation	69 000	54 000	54 000	54 000
Impairment	0	0	0	0
Expenditure	721 000	421 000	225 000	206 000
Operating Profit	73 000	438 000	393 000	−206 000
Financial Income	0	0	0	0
Financial Costs	37 000	11 000	5 000	5 000
Financial Balance	−37 000	−11 000	−5 000	−5 000
Dividends	0	0	0	0
Net Income	27 000	333 000	303 000	−165 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	297 000	305 000	399 000	484 000
Real Eastate	1 451 000	1 506 000	1 560 000	1 615 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	65 000	0	0	0
Total Tangible Assets	1 516 000	1 506 000	1 560 000	1 615 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 813 000	1 811 000	1 959 000	2 099 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	27 000	4 000	5 000	1 000
Total Current Assets	1 003 000	676 000	499 000	18 000
Total Assets	2 816 000	2 487 000	2 458 000	2 117 000
Total Equity	2 448 000	2 421 000	2 088 000	2 117 000
Short-Term Group Debt	0	0	331 000	0
Total Long-Term Debt	0	0	0	0
Creditors	285 000	27 000	−2 000	0
Unpaid Taxes	58 000	39 000	32 000	0
Dividends	0	0	0	0
Other Current Debt	25 000	0	9 000	0
Total Current Debt	368 000	66 000	370 000	0
Total Equity and Debt	2 816 000	2 487 000	2 458 000	2 117 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,1 %	13,75 %	14,51 %	−7,79 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,21 %	50,99 %	63,49 %	-
Current Ratio	2,73	10,24	1,35	-
Quick Ratio	2,73	10,24	1,35	-
Equity Ratio	0,87	0,97	0,85	1
Gross Profit Margin	59,39 %	74,97 %	85,78 %	-