MIDT UTVIKLING AS

7650 VERDAL

Finances

Return on Equity

18,19 %

Current Ratio

322

Debt-to-Equity Ratio

0,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	728 000	1 765 000	108 000	45 000
Total Assets	6 365 000	5 785 000	3 821 000	2 571 000
Total Equity	4 003 000	3 196 000	1 307 000	1 200 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	26 000	27 000	14 000	26 000
Operating Profit	−26 000	−27 000	−14 000	−26 000
Financial Income	809 000	1 845 000	153 000	99 000
Financial Costs	78 000	75 000	44 000	40 000
Financial Balance	731 000	1 770 000	109 000	59 000
Earnings Before Tax	706 000	1 743 000	95 000	33 000
Tax	−22 000	−22 000	−12 000	−11 000
Net Income	728 000	1 765 000	108 000	45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 823 000	5 038 000	3 207 000	1 920 000
Total Current Assets	3 542 000	746 000	614 000	651 000
Total Assets	6 365 000	5 785 000	3 821 000	2 571 000
Total Retained Equity	2 706 000	1 978 000	213 000	105 000
Total Equity	4 003 000	3 196 000	1 307 000	1 200 000
Total Long-Term Debt	2 351 000	2 589 000	2 514 000	1 360 000
Total Current Debt	11 000	0	0	11 000
Total Equity and Debt	6 365 000	5 785 000	3 821 000	2 571 000

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	26 000	27 000	14 000	26 000
Operating Profit	−26 000	−27 000	−14 000	−26 000
Financial Income	809 000	1 845 000	153 000	99 000
Financial Costs	78 000	75 000	44 000	40 000
Financial Balance	731 000	1 770 000	109 000	59 000
Dividends	0	0	0	0
Net Income	728 000	1 765 000	108 000	45 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	12 000	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	2 823 000	5 038 000	3 194 000	1 920 000
Total Fixed Assets	2 823 000	5 038 000	3 207 000	1 920 000
Stock	35 000	35 000	35 000	35 000
Total Investments	0	0	0	0
Cash, Bank	3 405 000	396 000	422 000	446 000
Total Current Assets	3 542 000	746 000	614 000	651 000
Total Assets	6 365 000	5 785 000	3 821 000	2 571 000
Total Equity	4 003 000	3 196 000	1 307 000	1 200 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 351 000	2 589 000	2 514 000	1 360 000
Creditors	11 000	0	0	11 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	11 000	0	0	11 000
Total Equity and Debt	6 365 000	5 785 000	3 821 000	2 571 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,19 %	55,23 %	8,26 %	3,75 %
Debt-to-Equity Ratio	0,59	0,81	1,92	1,13
Operating Profit Margin	-	-	-	-
Current Ratio	322	-	-	59,18
Quick Ratio	−147,58	−21,31	−17,54	−27,13
Equity Ratio	0,63	0,55	0,34	0,47
Gross Profit Margin	-	-	-	-