M2 PROPERTY AS

5259 HJELLESTAD

Finances

Return on Equity

29,79 %

Current Ratio

0,46

Debt-to-Equity Ratio

7,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	378 000	407 000	402 000	390 000
Net Income	2 148 000	1 569 000	738 000	−6 653 000
Total Assets	78 745 000	64 857 000	63 179 000	63 592 000
Total Equity	7 211 000	7 212 000	7 209 000	7 208 000

Income (NOK)	2022	2021	2020	2019
Revenue	378 000	407 000	402 000	390 000
Expenditure	372 000	336 000	332 000	313 000
Operating Profit	6 000	70 000	70 000	78 000
Financial Income	5 544 000	3 577 000	2 597 000	5 350 000
Financial Costs	2 796 000	1 636 000	1 721 000	11 478 000
Financial Balance	2 748 000	1 941 000	876 000	−6 128 000
Earnings Before Tax	2 754 000	2 011 000	947 000	−6 050 000
Tax	606 000	442 000	208 000	603 000
Net Income	2 148 000	1 569 000	738 000	−6 653 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	70 711 000	61 335 000	60 968 000	59 598 000
Total Current Assets	8 034 000	3 522 000	2 211 000	3 994 000
Total Assets	78 745 000	64 857 000	63 179 000	63 592 000
Total Retained Equity	3 000	4 000	1 000	0
Total Equity	7 211 000	7 212 000	7 209 000	7 208 000
Total Long-Term Debt	53 976 000	43 651 000	45 513 000	46 965 000
Total Current Debt	17 558 000	13 995 000	10 457 000	9 419 000
Total Equity and Debt	78 745 000	64 857 000	63 179 000	63 592 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	378 000	407 000	402 000	373 000
Other Income	0	0	0	18 000
Revenue	378 000	407 000	402 000	390 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	5 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	372 000	336 000	332 000	313 000
Operating Profit	6 000	70 000	70 000	78 000
Financial Income	5 544 000	3 577 000	2 597 000	5 350 000
Financial Costs	2 796 000	1 636 000	1 721 000	11 478 000
Financial Balance	2 748 000	1 941 000	876 000	−6 128 000
Dividends	0	0	0	0
Net Income	2 148 000	1 569 000	738 000	−6 653 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	19 000	24 000	0	0
Total Tangible Assets	19 000	24 000	0	0
Total Fiancial Fixed Assets	70 692 000	61 312 000	60 968 000	59 598 000
Total Fixed Assets	70 711 000	61 335 000	60 968 000	59 598 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	375 000	295 000	47 000	28 000
Total Current Assets	8 034 000	3 522 000	2 211 000	3 994 000
Total Assets	78 745 000	64 857 000	63 179 000	63 592 000
Total Equity	7 211 000	7 212 000	7 209 000	7 208 000
Short-Term Group Debt	17 000 000	13 849 000	10 148 000	6 283 000
Total Long-Term Debt	53 976 000	43 651 000	45 513 000	46 965 000
Creditors	4 000	88 000	82 000	56 000
Unpaid Taxes	0	1 000	4 000	3 000
Dividends	0	0	0	0
Other Current Debt	554 000	56 000	224 000	3 076 000
Total Current Debt	17 558 000	13 995 000	10 457 000	9 419 000
Total Equity and Debt	78 745 000	64 857 000	63 179 000	63 592 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,79 %	21,76 %	10,24 %	−92,3 %
Debt-to-Equity Ratio	7,49	6,05	6,31	6,52
Operating Profit Margin	1,59 %	17,2 %	17,41 %	20 %
Current Ratio	0,46	0,25	0,21	0,42
Quick Ratio	0,46	0,25	0,21	0,42
Equity Ratio	0,09	0,11	0,11	0,11
Gross Profit Margin	100 %	100 %	100 %	100 %