MIDT-TROMS AUTOSERVICE AS

9325 BARDUFOSS

Finances

Share Ownership

Return on Equity

80,32 %

Current Ratio

0,23

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	4 740 000	3 738 000	2 959 000
Net Income	−551 000	−407 000	172 000
Total Assets	487 000	697 000	741 000
Total Equity	−686 000	−135 000	272 000

Income (NOK)	2022	2021	2020
Revenue	4 740 000	3 738 000	2 959 000
Expenditure	5 145 000	4 221 000	2 737 000
Operating Profit	−404 000	−483 000	224 000
Financial Income	0	0	0
Financial Costs	36 000	39 000	3 000
Financial Balance	−36 000	−39 000	−3 000
Earnings Before Tax	−440 000	−522 000	221 000
Tax	111 000	−114 000	49 000
Net Income	−551 000	−407 000	172 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	221 000	337 000	321 000
Total Current Assets	266 000	360 000	419 000
Total Assets	487 000	697 000	741 000
Total Retained Equity	−786 000	−235 000	172 000
Total Equity	−686 000	−135 000	272 000
Total Long-Term Debt	0	126 000	160 000
Total Current Debt	1 173 000	706 000	308 000
Total Equity and Debt	487 000	697 000	741 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 702 000	3 738 000	2 859 000
Other Income	38 000	0	100 000
Revenue	4 740 000	3 738 000	2 959 000
Cost of Goods Sold	342 000	20 000	41 000
Salary Costs	1 782 000	1 663 000	977 000
Depreciation	49 000	41 000	6 000
Impairment	0	0	0
Expenditure	5 145 000	4 221 000	2 737 000
Operating Profit	−404 000	−483 000	224 000
Financial Income	0	0	0
Financial Costs	36 000	39 000	3 000
Financial Balance	−36 000	−39 000	−3 000
Dividends	0	0	0
Net Income	−551 000	−407 000	172 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	111 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	185 000	77 000	99 000
Total Tangible Assets	185 000	77 000	99 000
Total Fiancial Fixed Assets	37 000	149 000	222 000
Total Fixed Assets	221 000	337 000	321 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	14 000	81 000	283 000
Total Current Assets	266 000	360 000	419 000
Total Assets	487 000	697 000	741 000
Total Equity	−686 000	−135 000	272 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	126 000	160 000
Creditors	669 000	439 000	82 000
Unpaid Taxes	280 000	82 000	73 000
Dividends	0	0	0
Other Current Debt	224 000	185 000	108 000
Total Current Debt	1 173 000	706 000	308 000
Total Equity and Debt	487 000	697 000	741 000

Financial indicators	2022	2021	2020
Return on Equity	80,32 %	301,48 %	63,24 %
Debt-to-Equity Ratio	−0	−0,93	0,59
Operating Profit Margin	−8,52 %	−12,92 %	7,57 %
Current Ratio	0,23	0,51	1,36
Quick Ratio	0,23	0,51	1,36
Equity Ratio	−1,41	−0,19	0,37
Gross Profit Margin	92,78 %	99,46 %	98,61 %