GOD MIDDAG AS

4580 LYNGDAL

Finances

Share Ownership

Return on Equity

220,08 %

Current Ratio

0,18

Debt-to-Equity Ratio

−4,82

Key figures (NOK)	2022	2021	2020
Revenue	4 115 000	1 715 000	0
Net Income	−1 096 000	76 000	0
Total Assets	3 069 000	529 000	30 000
Total Equity	−498 000	98 000	30 000

Income (NOK)	2022	2021
Revenue	4 115 000	1 715 000
Expenditure	5 405 000	1 640 000
Operating Profit	−1 290 000	75 000
Financial Income	0	1 000
Financial Costs	95 000	0
Financial Balance	−95 000	1 000
Earnings Before Tax	−1 385 000	76 000
Tax	−289 000	0
Net Income	−1 096 000	76 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 855 000	89 000	0
Total Current Assets	214 000	440 000	30 000
Total Assets	3 069 000	529 000	30 000
Total Retained Equity	−1 020 000	76 000	0
Total Equity	−498 000	98 000	30 000
Total Long-Term Debt	2 400 000	0	0
Total Current Debt	1 167 000	431 000	0
Total Equity and Debt	3 069 000	529 000	30 000

Cash flow (NOK)	2022	2021
Sales Income	3 892 000	1 655 000
Other Income	223 000	60 000
Revenue	4 115 000	1 715 000
Cost of Goods Sold	1 985 000	766 000
Salary Costs	2 113 000	144 000
Depreciation	128 000	9 000
Impairment	0	0
Expenditure	5 405 000	1 640 000
Operating Profit	−1 290 000	75 000
Financial Income	0	1 000
Financial Costs	95 000	0
Financial Balance	−95 000	1 000
Dividends	0	0
Net Income	−1 096 000	76 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	304 000	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	29 000	0
Fixtures	2 404 000	60 000	0
Total Tangible Assets	2 404 000	89 000	0
Total Fiancial Fixed Assets	146 000	0	0
Total Fixed Assets	2 855 000	89 000	0
Stock	147 000	44 000	0
Total Investments	0	0	0
Cash, Bank	−181 000	357 000	30 000
Total Current Assets	214 000	440 000	30 000
Total Assets	3 069 000	529 000	30 000
Total Equity	−498 000	98 000	30 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 400 000	0	0
Creditors	484 000	166 000	0
Unpaid Taxes	190 000	50 000	0
Dividends	0	0	0
Other Current Debt	493 000	215 000	0
Total Current Debt	1 167 000	431 000	0
Total Equity and Debt	3 069 000	529 000	30 000

Financial indicators	2022	2021	2020
Return on Equity	220,08 %	77,55 %	0 %
Debt-to-Equity Ratio	−4,82	0	0
Operating Profit Margin	−31,35 %	4,37 %	-
Current Ratio	0,18	1,02	-
Quick Ratio	0,21	1,14	-
Equity Ratio	−0,16	0,19	1
Gross Profit Margin	51,76 %	55,34 %	-