MYGLAND KRAFT AS

8517 NARVIK

Finances

Share Ownership

Return on Equity

75,08 %

Current Ratio

1,51

Debt-to-Equity Ratio

2,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 373 000	4 642 000	1 512 000	4 169 000
Net Income	7 067 000	1 175 000	−1 273 000	687 000
Total Assets	46 473 000	36 803 000	35 554 000	37 658 000
Total Equity	9 412 000	9 564 000	8 583 000	9 856 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 373 000	4 642 000	1 512 000	4 169 000
Expenditure	4 382 000	2 473 000	2 348 000	2 261 000
Operating Profit	9 992 000	2 169 000	−837 000	1 908 000
Financial Income	0	0	8 000	16 000
Financial Costs	932 000	662 000	803 000	1 043 000
Financial Balance	−932 000	−662 000	−795 000	−1 027 000
Earnings Before Tax	9 060 000	1 507 000	−1 632 000	881 000
Tax	1 993 000	332 000	−359 000	194 000
Net Income	7 067 000	1 175 000	−1 273 000	687 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 320 000	29 133 000	30 376 000	30 984 000
Total Current Assets	18 153 000	7 670 000	5 178 000	6 674 000
Total Assets	46 473 000	36 803 000	35 554 000	37 658 000
Total Retained Equity	9 372 000	9 524 000	8 543 000	−354 000
Total Equity	9 412 000	9 564 000	8 583 000	9 856 000
Total Long-Term Debt	25 078 000	25 892 000	26 578 000	27 400 000
Total Current Debt	11 983 000	1 347 000	394 000	403 000
Total Equity and Debt	46 473 000	36 803 000	35 554 000	37 658 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 373 000	4 642 000	1 512 000	4 169 000
Other Income	0	0	0	0
Revenue	14 373 000	4 642 000	1 512 000	4 169 000
Cost of Goods Sold	−356 000	−30 000	103 000	−84 000
Salary Costs	0	0	0	0
Depreciation	967 000	967 000	967 000	967 000
Impairment	0	0	0	0
Expenditure	4 382 000	2 473 000	2 348 000	2 261 000
Operating Profit	9 992 000	2 169 000	−837 000	1 908 000
Financial Income	0	0	8 000	16 000
Financial Costs	932 000	662 000	803 000	1 043 000
Financial Balance	−932 000	−662 000	−795 000	−1 027 000
Dividends	0	0	0	0
Net Income	7 067 000	1 175 000	−1 273 000	687 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	486 000	332 000	609 000	250 000
Real Eastate	27 834 000	28 800 000	29 767 000	30 734 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	27 834 000	28 800 000	29 767 000	30 734 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	28 320 000	29 133 000	30 376 000	30 984 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	17 010 000	7 052 000	4 746 000	6 072 000
Total Current Assets	18 153 000	7 670 000	5 178 000	6 674 000
Total Assets	46 473 000	36 803 000	35 554 000	37 658 000
Total Equity	9 412 000	9 564 000	8 583 000	9 856 000
Short-Term Group Debt	9 254 000	249 000	0	0
Total Long-Term Debt	25 078 000	25 892 000	26 578 000	27 400 000
Creditors	55 000	0	269 000	118 000
Unpaid Taxes	72 000	318 000	0	0
Dividends	0	0	0	0
Other Current Debt	2 491 000	780 000	124 000	285 000
Total Current Debt	11 983 000	1 347 000	394 000	403 000
Total Equity and Debt	46 473 000	36 803 000	35 554 000	37 658 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75,08 %	12,29 %	−14,83 %	6,97 %
Debt-to-Equity Ratio	2,66	2,71	3,1	2,78
Operating Profit Margin	69,52 %	46,73 %	−55,36 %	45,77 %
Current Ratio	1,51	5,69	13,14	16,56
Quick Ratio	1,51	5,69	13,14	16,56
Equity Ratio	0,2	0,26	0,24	0,26
Gross Profit Margin	102,48 %	100,65 %	93,19 %	102,01 %