MJØSVANG EIENDOM AS

2975 VANG I VALDRES

Finances

Return on Equity

68,21 %

Current Ratio

1,53

Debt-to-Equity Ratio

1,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 865 000	1 310 000	829 000	492 000
Net Income	1 311 000	432 000	240 000	156 000
Total Assets	4 989 000	5 189 000	5 052 000	2 537 000
Total Equity	1 922 000	731 000	419 000	179 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 865 000	1 310 000	829 000	492 000
Expenditure	637 000	626 000	448 000	265 000
Operating Profit	1 228 000	683 000	381 000	227 000
Financial Income	456 000	0	0	7 000
Financial Costs	116 000	119 000	117 000	77 000
Financial Balance	340 000	−119 000	−117 000	−70 000
Earnings Before Tax	1 568 000	564 000	264 000	156 000
Tax	256 000	132 000	25 000	0
Net Income	1 311 000	432 000	240 000	156 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 256 000	4 308 000	4 310 000	2 333 000
Total Current Assets	733 000	881 000	742 000	205 000
Total Assets	4 989 000	5 189 000	5 052 000	2 537 000
Total Retained Equity	1 412 000	101 000	−331 000	−571 000
Total Equity	1 922 000	731 000	419 000	179 000
Total Long-Term Debt	2 589 000	3 532 000	4 473 000	2 256 000
Total Current Debt	478 000	926 000	160 000	102 000
Total Equity and Debt	4 989 000	5 189 000	5 052 000	2 537 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	315 000	0	0	492 000
Other Income	1 551 000	1 310 000	829 000	0
Revenue	1 865 000	1 310 000	829 000	492 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	331 000	322 000	207 000	135 000
Impairment	0	0	0	0
Expenditure	637 000	626 000	448 000	265 000
Operating Profit	1 228 000	683 000	381 000	227 000
Financial Income	456 000	0	0	7 000
Financial Costs	116 000	119 000	117 000	77 000
Financial Balance	340 000	−119 000	−117 000	−70 000
Dividends	0	0	0	0
Net Income	1 311 000	432 000	240 000	156 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 017 000	3 188 000	3 397 000	2 278 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	789 000	769 000	913 000	54 000
Total Tangible Assets	3 806 000	3 957 000	4 310 000	2 333 000
Total Fiancial Fixed Assets	450 000	350 000	0	0
Total Fixed Assets	4 256 000	4 308 000	4 310 000	2 333 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	576 000	663 000	497 000	204 000
Total Current Assets	733 000	881 000	742 000	205 000
Total Assets	4 989 000	5 189 000	5 052 000	2 537 000
Total Equity	1 922 000	731 000	419 000	179 000
Short-Term Group Debt	93 000	449 000	0	0
Total Long-Term Debt	2 589 000	3 532 000	4 473 000	2 256 000
Creditors	26 000	8 000	132 000	7 000
Unpaid Taxes	88 000	65 000	0	93 000
Dividends	0	0	0	0
Other Current Debt	14 000	365 000	8 000	1 000
Total Current Debt	478 000	926 000	160 000	102 000
Total Equity and Debt	4 989 000	5 189 000	5 052 000	2 537 000

Financial indicators	2022	2021	2020	2019
Return on Equity	68,21 %	59,1 %	57,28 %	87,15 %
Debt-to-Equity Ratio	1,35	4,83	10,68	12,6
Operating Profit Margin	65,84 %	52,14 %	45,96 %	46,14 %
Current Ratio	1,53	0,95	4,64	2,01
Quick Ratio	1,53	0,95	4,64	2,01
Equity Ratio	0,39	0,14	0,08	0,07
Gross Profit Margin	100 %	100 %	100 %	100 %