MG-EIENDOM AS

5229 KALANDSEIDET

Finances

Share Ownership

Return on Equity

9,43 %

Current Ratio

2,2

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	438 000	451 000	486 000	547 000
Net Income	192 000	261 000	265 000	363 000
Total Assets	3 069 000	2 852 000	2 590 000	2 234 000
Total Equity	2 035 000	2 035 000	1 773 000	1 509 000

Income (NOK)	2022	2021	2020	2019
Revenue	438 000	451 000	486 000	547 000
Expenditure	195 000	116 000	139 000	92 000
Operating Profit	243 000	335 000	347 000	455 000
Financial Income	3 000	0	3 000	18 000
Financial Costs	0	0	11 000	8 000
Financial Balance	3 000	0	−8 000	10 000
Earnings Before Tax	246 000	335 000	339 000	465 000
Tax	54 000	74 000	75 000	102 000
Net Income	192 000	261 000	265 000	363 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 346 000	1 346 000	1 346 000	1 346 000
Total Current Assets	1 723 000	1 506 000	1 244 000	888 000
Total Assets	3 069 000	2 852 000	2 590 000	2 234 000
Total Retained Equity	1 064 000	1 065 000	803 000	539 000
Total Equity	2 035 000	2 035 000	1 773 000	1 509 000
Total Long-Term Debt	252 000	252 000	252 000	252 000
Total Current Debt	783 000	565 000	565 000	473 000
Total Equity and Debt	3 069 000	2 852 000	2 590 000	2 234 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	25 000	0
Other Income	438 000	451 000	462 000	547 000
Revenue	438 000	451 000	486 000	547 000
Cost of Goods Sold	40 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	195 000	116 000	139 000	92 000
Operating Profit	243 000	335 000	347 000	455 000
Financial Income	3 000	0	3 000	18 000
Financial Costs	0	0	11 000	8 000
Financial Balance	3 000	0	−8 000	10 000
Dividends	0	0	0	0
Net Income	192 000	261 000	265 000	363 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 346 000	1 346 000	1 346 000	1 346 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 346 000	1 346 000	1 346 000	1 346 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 346 000	1 346 000	1 346 000	1 346 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	710 000	1 500 000	1 239 000	883 000
Total Current Assets	1 723 000	1 506 000	1 244 000	888 000
Total Assets	3 069 000	2 852 000	2 590 000	2 234 000
Total Equity	2 035 000	2 035 000	1 773 000	1 509 000
Short-Term Group Debt	730 000	483 000	483 000	473 000
Total Long-Term Debt	252 000	252 000	252 000	252 000
Creditors	40 000	8 000	7 000	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	13 000	0	0	0
Total Current Debt	783 000	565 000	565 000	473 000
Total Equity and Debt	3 069 000	2 852 000	2 590 000	2 234 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,43 %	12,83 %	14,95 %	24,06 %
Debt-to-Equity Ratio	0,12	0,12	0,14	0,17
Operating Profit Margin	55,48 %	74,28 %	71,4 %	83,18 %
Current Ratio	2,2	2,67	2,2	1,88
Quick Ratio	2,2	2,67	2,2	1,88
Equity Ratio	0,66	0,71	0,68	0,68
Gross Profit Margin	90,87 %	100 %	100 %	100 %