MINNESJORD HOLDING AS

3715 SKIEN

Finances

Return on Equity

75,55 %

Current Ratio

4,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 000	12 000	0	0
Net Income	819 000	504 000	913 000	664 000
Total Assets	1 265 000	920 000	1 173 000	929 000
Total Equity	1 084 000	415 000	660 000	247 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 000	12 000	0	0
Expenditure	5 000	212 000	12 000	36 000
Operating Profit	19 000	−201 000	−12 000	−36 000
Financial Income	800 000	718 000	925 000	700 000
Financial Costs	0	13 000	0	0
Financial Balance	800 000	705 000	925 000	700 000
Earnings Before Tax	819 000	504 000	913 000	664 000
Tax	0	0	0	0
Net Income	819 000	504 000	913 000	664 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	455 000	205 000	205 000	205 000
Total Current Assets	810 000	715 000	968 000	724 000
Total Assets	1 265 000	920 000	1 173 000	929 000
Total Retained Equity	1 054 000	385 000	630 000	217 000
Total Equity	1 084 000	415 000	660 000	247 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	181 000	504 000	513 000	683 000
Total Equity and Debt	1 265 000	920 000	1 173 000	929 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 000	12 000	0	0
Other Income	0	0	0	0
Revenue	24 000	12 000	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	5 000	212 000	12 000	36 000
Operating Profit	19 000	−201 000	−12 000	−36 000
Financial Income	800 000	718 000	925 000	700 000
Financial Costs	0	13 000	0	0
Financial Balance	800 000	705 000	925 000	700 000
Dividends	150 000	749 000	500 000	860 000
Net Income	819 000	504 000	913 000	664 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	455 000	205 000	205 000	205 000
Total Fixed Assets	455 000	205 000	205 000	205 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 000	15 000	35 000	16 000
Total Current Assets	810 000	715 000	968 000	724 000
Total Assets	1 265 000	920 000	1 173 000	929 000
Total Equity	1 084 000	415 000	660 000	247 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	11 000
Unpaid Taxes	0	0	0	0
Dividends	150 000	749 000	500 000	860 000
Other Current Debt	31 000	4 000	13 000	22 000
Total Current Debt	181 000	504 000	513 000	683 000
Total Equity and Debt	1 265 000	920 000	1 173 000	929 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75,55 %	121,45 %	138,33 %	268,83 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	79,17 %	−1 675 %	-	-
Current Ratio	4,48	1,42	1,89	1,06
Quick Ratio	4,48	1,42	1,89	1,06
Equity Ratio	0,86	0,45	0,56	0,27
Gross Profit Margin	100 %	100 %	-	-