MJÅTVEITFLATEN 55 AS

5038 BERGEN

Finances

Share Ownership

Return on Equity

18,6 %

Current Ratio

0,07

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 625 000	6 056 000	5 281 000	7 409 000
Net Income	2 188 000	496 000	775 000	11 311 000
Total Assets	70 180 000	68 319 000	67 995 000	70 598 000
Total Equity	11 763 000	7 780 000	7 719 000	7 719 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 625 000	6 056 000	5 281 000	7 409 000
Expenditure	5 475 000	3 634 000	2 609 000	−9 354 000
Operating Profit	5 149 000	2 422 000	2 672 000	16 764 000
Financial Income	65 000	12 000	62 000	19 000
Financial Costs	2 408 000	1 798 000	1 740 000	2 281 000
Financial Balance	−2 343 000	−1 786 000	−1 678 000	−2 262 000
Earnings Before Tax	2 806 000	636 000	994 000	14 502 000
Tax	617 000	140 000	219 000	3 191 000
Net Income	2 188 000	496 000	775 000	11 311 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	66 447 000	66 658 000	67 212 000	67 974 000
Total Current Assets	3 733 000	1 661 000	784 000	2 623 000
Total Assets	70 180 000	68 319 000	67 995 000	70 598 000
Total Retained Equity	8 701 000	6 512 000	6 512 000	6 512 000
Total Equity	11 763 000	7 780 000	7 719 000	7 719 000
Total Long-Term Debt	3 531 000	57 608 000	58 950 000	60 231 000
Total Current Debt	54 886 000	2 931 000	1 326 000	2 647 000
Total Equity and Debt	70 180 000	68 319 000	67 995 000	70 598 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	10 625 000	6 056 000	5 281 000	7 409 000
Revenue	10 625 000	6 056 000	5 281 000	7 409 000
Cost of Goods Sold	2 366 000	1 641 000	919 000	1 220 000
Salary Costs	0	0	0	0
Depreciation	784 000	778 000	778 000	−11 438 000
Impairment	0	0	0	0
Expenditure	5 475 000	3 634 000	2 609 000	−9 354 000
Operating Profit	5 149 000	2 422 000	2 672 000	16 764 000
Financial Income	65 000	12 000	62 000	19 000
Financial Costs	2 408 000	1 798 000	1 740 000	2 281 000
Financial Balance	−2 343 000	−1 786 000	−1 678 000	−2 262 000
Dividends	0	496 000	0	1 200 000
Net Income	2 188 000	496 000	775 000	11 311 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	66 447 000	66 658 000	67 212 000	67 974 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	66 447 000	66 658 000	67 212 000	67 974 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	66 447 000	66 658 000	67 212 000	67 974 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	174 000	178 000	352 000	2 324 000
Total Current Assets	3 733 000	1 661 000	784 000	2 623 000
Total Assets	70 180 000	68 319 000	67 995 000	70 598 000
Total Equity	11 763 000	7 780 000	7 719 000	7 719 000
Short-Term Group Debt	53 976 000	1 495 000	0	332 000
Total Long-Term Debt	3 531 000	57 608 000	58 950 000	60 231 000
Creditors	551 000	279 000	86 000	77 000
Unpaid Taxes	309 000	0	0	0
Dividends	0	496 000	0	1 200 000
Other Current Debt	50 000	660 000	1 240 000	1 038 000
Total Current Debt	54 886 000	2 931 000	1 326 000	2 647 000
Total Equity and Debt	70 180 000	68 319 000	67 995 000	70 598 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,6 %	6,38 %	10,04 %	146,53 %
Debt-to-Equity Ratio	0,3	7,4	7,64	7,8
Operating Profit Margin	48,46 %	39,99 %	50,6 %	226,27 %
Current Ratio	0,07	0,57	0,59	0,99
Quick Ratio	0,07	0,57	0,59	0,99
Equity Ratio	0,17	0,11	0,11	0,11
Gross Profit Margin	77,73 %	72,9 %	82,6 %	83,53 %