MÅKEVEIEN BORETTSLAG

1607 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

4,98 %

Current Ratio

19,74

Debt-to-Equity Ratio

0,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 629 000	9 686 000	2 750 000	2 123 000
Net Income	2 801 000	7 711 000	−1 268 000	−12 664 000
Total Assets	98 230 000	98 306 000	98 401 000	99 378 000
Total Equity	56 208 000	53 406 000	45 696 000	46 964 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 629 000	9 686 000	2 750 000	2 123 000
Expenditure	1 448 000	1 623 000	3 511 000	14 310 000
Operating Profit	3 180 000	8 063 000	−762 000	−12 187 000
Financial Income	40 000	30 000	1 000	29 000
Financial Costs	419 000	382 000	507 000	506 000
Financial Balance	−379 000	−352 000	−506 000	−477 000
Earnings Before Tax	2 801 000	7 711 000	−1 268 000	−12 664 000
Tax	0	0	0	0
Net Income	2 801 000	7 711 000	−1 268 000	−12 664 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	97 855 000	97 917 000	98 005 000	98 044 000
Total Current Assets	375 000	389 000	397 000	1 333 000
Total Assets	98 230 000	98 306 000	98 401 000	99 378 000
Total Retained Equity	56 088 000	53 286 000	45 576 000	46 844 000
Total Equity	56 208 000	53 406 000	45 696 000	46 964 000
Total Long-Term Debt	42 003 000	44 793 000	52 360 000	51 860 000
Total Current Debt	19 000	107 000	346 000	554 000
Total Equity and Debt	98 230 000	98 306 000	98 401 000	99 378 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 629 000	9 686 000	2 750 000	2 123 000
Revenue	4 629 000	9 686 000	2 750 000	2 123 000
Cost of Goods Sold	0	0	0	0
Salary Costs	41 000	41 000	41 000	0
Depreciation	88 000	88 000	86 000	83 000
Impairment	0	0	0	0
Expenditure	1 448 000	1 623 000	3 511 000	14 310 000
Operating Profit	3 180 000	8 063 000	−762 000	−12 187 000
Financial Income	40 000	30 000	1 000	29 000
Financial Costs	419 000	382 000	507 000	506 000
Financial Balance	−379 000	−352 000	−506 000	−477 000
Dividends	0	0	0	0
Net Income	2 801 000	7 711 000	−1 268 000	−12 664 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000 000	1 000 000	1 000 000	1 000 000
Real Eastate	95 708 000	95 708 000	95 708 000	95 708 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 121 000	1 209 000	1 297 000	1 336 000
Total Tangible Assets	97 829 000	97 917 000	98 005 000	98 044 000
Total Fiancial Fixed Assets	26 000	0	0	0
Total Fixed Assets	97 855 000	97 917 000	98 005 000	98 044 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	350 000	388 000	397 000	736 000
Total Current Assets	375 000	389 000	397 000	1 333 000
Total Assets	98 230 000	98 306 000	98 401 000	99 378 000
Total Equity	56 208 000	53 406 000	45 696 000	46 964 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	42 003 000	44 793 000	52 360 000	51 860 000
Creditors	9 000	105 000	304 000	544 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	7 000	0	40 000	6 000
Total Current Debt	19 000	107 000	346 000	554 000
Total Equity and Debt	98 230 000	98 306 000	98 401 000	99 378 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,98 %	14,44 %	−2,77 %	−26,97 %
Debt-to-Equity Ratio	0,75	0,84	1,15	1,1
Operating Profit Margin	68,7 %	83,24 %	−27,71 %	−574,05 %
Current Ratio	19,74	3,64	1,15	2,41
Quick Ratio	19,74	3,64	1,15	2,41
Equity Ratio	0,57	0,54	0,46	0,47
Gross Profit Margin	100 %	100 %	100 %	100 %