MIDT I VEIEN TRANSPORTSERVICE AS

1960 LØKEN

Finances

Share Ownership

Return on Equity

−159,24 %

Current Ratio

0,56

Debt-to-Equity Ratio

−0,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 768 000	21 168 000	15 832 000	19 245 000
Net Income	629 000	396 000	−1 373 000	−459 000
Total Assets	3 267 000	4 073 000	3 554 000	4 699 000
Total Equity	−395 000	−1 024 000	−1 420 000	−525 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 768 000	21 168 000	15 832 000	19 245 000
Expenditure	22 027 000	20 574 000	16 847 000	19 447 000
Operating Profit	740 000	594 000	−1 016 000	−202 000
Financial Income	0	0	2 000	1 000
Financial Costs	111 000	198 000	359 000	257 000
Financial Balance	−111 000	−198 000	−357 000	−256 000
Earnings Before Tax	629 000	396 000	−1 373 000	−459 000
Tax	0	0	0	0
Net Income	629 000	396 000	−1 373 000	−459 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 293 000	1 571 000	1 127 000	1 630 000
Total Current Assets	1 974 000	2 502 000	2 427 000	3 069 000
Total Assets	3 267 000	4 073 000	3 554 000	4 699 000
Total Retained Equity	−904 000	−1 533 000	−1 928 000	−555 000
Total Equity	−395 000	−1 024 000	−1 420 000	−525 000
Total Long-Term Debt	136 000	305 000	446 000	1 021 000
Total Current Debt	3 526 000	4 792 000	4 528 000	4 203 000
Total Equity and Debt	3 267 000	4 073 000	3 554 000	4 699 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 688 000	20 297 000	14 942 000	18 788 000
Other Income	2 079 000	871 000	890 000	458 000
Revenue	22 768 000	21 168 000	15 832 000	19 245 000
Cost of Goods Sold	14 000	0	10 000	9 000
Salary Costs	10 044 000	9 475 000	7 849 000	9 138 000
Depreciation	133 000	161 000	137 000	230 000
Impairment	0	0	24 000	0
Expenditure	22 027 000	20 574 000	16 847 000	19 447 000
Operating Profit	740 000	594 000	−1 016 000	−202 000
Financial Income	0	0	2 000	1 000
Financial Costs	111 000	198 000	359 000	257 000
Financial Balance	−111 000	−198 000	−357 000	−256 000
Dividends	0	0	0	0
Net Income	629 000	396 000	−1 373 000	−459 000

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	128 000	0
Fixtures	512 000	688 000	638 000	920 000
Total Tangible Assets	512 000	688 000	766 000	920 000
Total Fiancial Fixed Assets	781 000	883 000	361 000	710 000
Total Fixed Assets	1 293 000	1 571 000	1 127 000	1 630 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	480 000	499 000	642 000	343 000
Total Current Assets	1 974 000	2 502 000	2 427 000	3 069 000
Total Assets	3 267 000	4 073 000	3 554 000	4 699 000
Total Equity	−395 000	−1 024 000	−1 420 000	−525 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	136 000	305 000	446 000	1 021 000
Creditors	770 000	912 000	670 000	1 508 000
Unpaid Taxes	1 072 000	1 887 000	1 922 000	1 436 000
Dividends	0	0	0	0
Other Current Debt	1 023 000	1 682 000	1 564 000	891 000
Total Current Debt	3 526 000	4 792 000	4 528 000	4 203 000
Total Equity and Debt	3 267 000	4 073 000	3 554 000	4 699 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−159,24 %	−38,67 %	96,69 %	87,43 %
Debt-to-Equity Ratio	−0,34	−0,3	−0,31	−1,94
Operating Profit Margin	3,25 %	2,81 %	−6,42 %	−1,05 %
Current Ratio	0,56	0,52	0,54	0,73
Quick Ratio	0,56	0,52	0,54	0,73
Equity Ratio	−0,12	−0,25	−0,4	−0,11
Gross Profit Margin	99,94 %	100 %	99,94 %	99,95 %