MIDT-TELEMARK SKOG AS

3810 GVARV

Finances

Share Ownership

Return on Equity

−17,96 %

Current Ratio

0,66

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 798 000	6 971 000	4 702 000	4 815 000
Net Income	−132 000	659 000	43 000	−61 000
Total Assets	1 388 000	1 537 000	868 000	1 281 000
Total Equity	735 000	868 000	209 000	166 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 798 000	6 971 000	4 702 000	4 815 000
Expenditure	5 958 000	6 120 000	4 630 000	4 864 000
Operating Profit	−159 000	850 000	72 000	−49 000
Financial Income	0	0	0	0
Financial Costs	10 000	7 000	18 000	27 000
Financial Balance	−10 000	−7 000	−18 000	−27 000
Earnings Before Tax	−170 000	843 000	54 000	−75 000
Tax	−37 000	185 000	11 000	−14 000
Net Income	−132 000	659 000	43 000	−61 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	960 000	1 201 000	413 000	656 000
Total Current Assets	428 000	336 000	454 000	625 000
Total Assets	1 388 000	1 537 000	868 000	1 281 000
Total Retained Equity	635 000	768 000	109 000	66 000
Total Equity	735 000	868 000	209 000	166 000
Total Long-Term Debt	0	4 000	127 000	391 000
Total Current Debt	652 000	666 000	532 000	725 000
Total Equity and Debt	1 388 000	1 537 000	868 000	1 281 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 798 000	5 361 000	4 697 000	4 815 000
Other Income	0	1 610 000	5 000	0
Revenue	5 798 000	6 971 000	4 702 000	4 815 000
Cost of Goods Sold	9 000	746 000	6 000	0
Salary Costs	1 146 000	631 000	933 000	1 544 000
Depreciation	37 000	26 000	31 000	45 000
Impairment	0	0	0	0
Expenditure	5 958 000	6 120 000	4 630 000	4 864 000
Operating Profit	−159 000	850 000	72 000	−49 000
Financial Income	0	0	0	0
Financial Costs	10 000	7 000	18 000	27 000
Financial Balance	−10 000	−7 000	−18 000	−27 000
Dividends	0	0	0	0
Net Income	−132 000	659 000	43 000	−61 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	33 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	144 000	162 000	62 000	222 000
Total Tangible Assets	144 000	162 000	62 000	222 000
Total Fiancial Fixed Assets	782 000	1 039 000	351 000	434 000
Total Fixed Assets	960 000	1 201 000	413 000	656 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	72 000	20 000	82 000	213 000
Total Current Assets	428 000	336 000	454 000	625 000
Total Assets	1 388 000	1 537 000	868 000	1 281 000
Total Equity	735 000	868 000	209 000	166 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	4 000	127 000	391 000
Creditors	286 000	199 000	249 000	270 000
Unpaid Taxes	132 000	103 000	40 000	207 000
Dividends	0	0	0	0
Other Current Debt	235 000	157 000	232 000	248 000
Total Current Debt	652 000	666 000	532 000	725 000
Total Equity and Debt	1 388 000	1 537 000	868 000	1 281 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,96 %	75,92 %	20,57 %	−36,75 %
Debt-to-Equity Ratio	0	0	0,61	2,36
Operating Profit Margin	−2,74 %	12,19 %	1,53 %	−1,02 %
Current Ratio	0,66	0,5	0,85	0,86
Quick Ratio	0,66	0,5	0,85	0,86
Equity Ratio	0,53	0,56	0,24	0,13
Gross Profit Margin	99,84 %	89,3 %	99,87 %	100 %