MICHEL INVEST.1 AS

1351 RUD

Finances

Return on Equity

97,68 %

Current Ratio

179,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	5 979 000	2 975 000	2 482 000	1 985 000
Total Assets	6 155 000	4 028 000	3 537 000	2 302 000
Total Equity	6 121 000	3 091 000	2 516 000	35 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	17 000	13 000	13 000	13 000
Operating Profit	−17 000	−13 000	−13 000	−13 000
Financial Income	6 027 000	3 007 000	2 511 000	2 016 000
Financial Costs	0	0	0	4 000
Financial Balance	6 027 000	3 007 000	2 511 000	2 012 000
Earnings Before Tax	6 010 000	2 993 000	2 498 000	1 999 000
Tax	30 000	18 000	16 000	14 000
Net Income	5 979 000	2 975 000	2 482 000	1 985 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	59 000	68 000	68 000	68 000
Total Current Assets	6 095 000	3 960 000	3 469 000	2 234 000
Total Assets	6 155 000	4 028 000	3 537 000	2 302 000
Total Retained Equity	6 087 000	3 057 000	2 482 000	1 000
Total Equity	6 121 000	3 091 000	2 516 000	35 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	34 000	936 000	1 021 000	2 267 000
Total Equity and Debt	6 155 000	4 028 000	3 537 000	2 302 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	17 000	13 000	13 000	13 000
Operating Profit	−17 000	−13 000	−13 000	−13 000
Financial Income	6 027 000	3 007 000	2 511 000	2 016 000
Financial Costs	0	0	0	4 000
Financial Balance	6 027 000	3 007 000	2 511 000	2 012 000
Dividends	0	0	0	2 038 000
Net Income	5 979 000	2 975 000	2 482 000	1 985 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	59 000	68 000	68 000	68 000
Total Fixed Assets	59 000	68 000	68 000	68 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 095 000	3 960 000	3 469 000	2 234 000
Total Current Assets	6 095 000	3 960 000	3 469 000	2 234 000
Total Assets	6 155 000	4 028 000	3 537 000	2 302 000
Total Equity	6 121 000	3 091 000	2 516 000	35 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	1 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	2 038 000
Other Current Debt	2 000	917 000	1 004 000	215 000
Total Current Debt	34 000	936 000	1 021 000	2 267 000
Total Equity and Debt	6 155 000	4 028 000	3 537 000	2 302 000

Financial indicators	2022	2021	2020	2019
Return on Equity	97,68 %	96,25 %	98,65 %	5 671,43 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	179,26	4,23	3,4	0,99
Quick Ratio	179,26	4,23	3,4	0,99
Equity Ratio	0,99	0,77	0,71	0,02
Gross Profit Margin	-	-	-	-