MYRVANG INDUSTRIEIENDOM AS

4985 VEGÅRSHEI

Finances

Share Ownership

Return on Equity

0,91 %

Current Ratio

0,95

Debt-to-Equity Ratio

0,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 546 000	960 000	905 000	839 000
Net Income	22 000	97 000	38 000	68 000
Total Assets	3 850 000	4 081 000	4 311 000	4 369 000
Total Equity	2 423 000	2 401 000	1 953 000	1 252 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 546 000	960 000	905 000	839 000
Expenditure	1 419 000	735 000	709 000	579 000
Operating Profit	128 000	225 000	196 000	261 000
Financial Income	0	0	0	0
Financial Costs	46 000	64 000	101 000	129 000
Financial Balance	−46 000	−64 000	−101 000	−129 000
Earnings Before Tax	82 000	162 000	95 000	132 000
Tax	60 000	64 000	57 000	64 000
Net Income	22 000	97 000	38 000	68 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 739 000	3 964 000	4 026 000	4 320 000
Total Current Assets	111 000	117 000	284 000	49 000
Total Assets	3 850 000	4 081 000	4 311 000	4 369 000
Total Retained Equity	189 000	166 000	69 000	31 000
Total Equity	2 423 000	2 401 000	1 953 000	1 252 000
Total Long-Term Debt	1 310 000	1 570 000	1 991 000	2 930 000
Total Current Debt	117 000	110 000	366 000	187 000
Total Equity and Debt	3 850 000	4 081 000	4 311 000	4 369 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	679 000	73 000	134 000	161 000
Other Income	867 000	887 000	771 000	678 000
Revenue	1 546 000	960 000	905 000	839 000
Cost of Goods Sold	588 000	0	8 000	0
Salary Costs	0	0	0	0
Depreciation	376 000	344 000	320 000	318 000
Impairment	0	0	0	0
Expenditure	1 419 000	735 000	709 000	579 000
Operating Profit	128 000	225 000	196 000	261 000
Financial Income	0	0	0	0
Financial Costs	46 000	64 000	101 000	129 000
Financial Balance	−46 000	−64 000	−101 000	−129 000
Dividends	0	0	0	0
Net Income	22 000	97 000	38 000	68 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 514 000	3 669 000	3 973 000	4 276 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	225 000	295 000	54 000	44 000
Total Tangible Assets	3 739 000	3 964 000	4 026 000	4 320 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 739 000	3 964 000	4 026 000	4 320 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	52 000	39 000	122 000	23 000
Total Current Assets	111 000	117 000	284 000	49 000
Total Assets	3 850 000	4 081 000	4 311 000	4 369 000
Total Equity	2 423 000	2 401 000	1 953 000	1 252 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 310 000	1 570 000	1 991 000	2 930 000
Creditors	22 000	24 000	47 000	32 000
Unpaid Taxes	21 000	16 000	36 000	−8 000
Dividends	0	0	0	0
Other Current Debt	14 000	6 000	40 000	1 000
Total Current Debt	117 000	110 000	366 000	187 000
Total Equity and Debt	3 850 000	4 081 000	4 311 000	4 369 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,91 %	4,04 %	1,95 %	5,43 %
Debt-to-Equity Ratio	0,54	0,65	1,02	2,34
Operating Profit Margin	8,28 %	23,44 %	21,66 %	31,11 %
Current Ratio	0,95	1,06	0,78	0,26
Quick Ratio	0,95	1,06	0,78	0,26
Equity Ratio	0,63	0,59	0,45	0,29
Gross Profit Margin	61,97 %	100 %	99,12 %	100 %