MERDEVEIEN 4 AS

0277 OSLO

Finances

Share Ownership

Return on Equity

4,82 %

Current Ratio

1,46

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	601 000	638 000	0	0
Net Income	285 000	52 000	−15 000	−23 000
Total Assets	5 975 000	31 884 000	5 819 000	5 834 000
Total Equity	5 911 000	5 626 000	5 574 000	5 589 000

Income (NOK)	2021	2020	2019	2018
Revenue	601 000	638 000	0	0
Expenditure	257 000	561 000	15 000	13 000
Operating Profit	344 000	77 000	−15 000	−13 000
Financial Income	0	0	0	0
Financial Costs	3 000	21 000	0	10 000
Financial Balance	−3 000	−21 000	0	−10 000
Earnings Before Tax	341 000	56 000	−15 000	−23 000
Tax	56 000	4 000	0	0
Net Income	285 000	52 000	−15 000	−23 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	5 882 000	30 132 000	5 805 000	5 805 000
Total Current Assets	92 000	1 752 000	14 000	29 000
Total Assets	5 975 000	31 884 000	5 819 000	5 834 000
Total Retained Equity	299 000	14 000	−38 000	−23 000
Total Equity	5 911 000	5 626 000	5 574 000	5 589 000
Total Long-Term Debt	0	20 330 000	0	0
Total Current Debt	63 000	5 929 000	245 000	245 000
Total Equity and Debt	5 975 000	31 884 000	5 819 000	5 834 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	494 000	0	0	0
Other Income	107 000	638 000	0	0
Revenue	601 000	638 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	496 000	0	0
Impairment	0	0	0	0
Expenditure	257 000	561 000	15 000	13 000
Operating Profit	344 000	77 000	−15 000	−13 000
Financial Income	0	0	0	0
Financial Costs	3 000	21 000	0	10 000
Financial Balance	−3 000	−21 000	0	−10 000
Dividends	0	0	0	0
Net Income	285 000	52 000	−15 000	−23 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	30 132 000	5 805 000	5 805 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	30 132 000	5 805 000	5 805 000
Total Fiancial Fixed Assets	5 882 000	0	0	0
Total Fixed Assets	5 882 000	30 132 000	5 805 000	5 805 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	91 000	804 000	14 000	29 000
Total Current Assets	92 000	1 752 000	14 000	29 000
Total Assets	5 975 000	31 884 000	5 819 000	5 834 000
Total Equity	5 911 000	5 626 000	5 574 000	5 589 000
Short-Term Group Debt	0	27 000	0	0
Total Long-Term Debt	0	20 330 000	0	0
Creditors	3 000	5 897 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	245 000	245 000
Total Current Debt	63 000	5 929 000	245 000	245 000
Total Equity and Debt	5 975 000	31 884 000	5 819 000	5 834 000

Financial indicators	2021	2020	2019	2018
Return on Equity	4,82 %	0,92 %	−0,27 %	−0,41 %
Debt-to-Equity Ratio	0	3,61	0	0
Operating Profit Margin	57,24 %	12,07 %	-	-
Current Ratio	1,46	0,3	0,06	0,12
Quick Ratio	1,46	0,3	0,06	0,12
Equity Ratio	0,99	0,18	0,96	0,96
Gross Profit Margin	100 %	100 %	-	-