MIDTSIAN AS

1404 SIGGERUD

Finances

Share Ownership

Return on Equity

−112 %

Current Ratio

1,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	931 000	1 654 000	1 720 000	1 319 000
Net Income	−196 000	162 000	201 000	143 000
Total Assets	383 000	787 000	788 000	474 000
Total Equity	175 000	371 000	309 000	208 000

Income (NOK)	2022	2021	2020	2019
Revenue	931 000	1 654 000	1 720 000	1 319 000
Expenditure	1 126 000	1 457 000	1 459 000	1 144 000
Operating Profit	−196 000	196 000	262 000	175 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−196 000	196 000	262 000	175 000
Tax	0	34 000	60 000	33 000
Net Income	−196 000	162 000	201 000	143 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	47 000	59 000	70 000	82 000
Total Current Assets	335 000	728 000	718 000	392 000
Total Assets	383 000	787 000	788 000	474 000
Total Retained Equity	75 000	271 000	209 000	108 000
Total Equity	175 000	371 000	309 000	208 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	207 000	416 000	479 000	266 000
Total Equity and Debt	383 000	787 000	788 000	474 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 042 000	1 620 000	1 729 000	1 293 000
Other Income	−112 000	33 000	−9 000	26 000
Revenue	931 000	1 654 000	1 720 000	1 319 000
Cost of Goods Sold	151 000	396 000	397 000	267 000
Salary Costs	815 000	893 000	884 000	723 000
Depreciation	11 000	12 000	12 000	10 000
Impairment	0	0	0	0
Expenditure	1 126 000	1 457 000	1 459 000	1 144 000
Operating Profit	−196 000	196 000	262 000	175 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	100 000	100 000	80 000
Net Income	−196 000	162 000	201 000	143 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	40 000	45 000	51 000	57 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 000	13 000	19 000	25 000
Total Tangible Assets	47 000	59 000	70 000	82 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	47 000	59 000	70 000	82 000
Stock	0	0	0	0
Total Investments	1 000	1 000	1 000	1 000
Cash, Bank	168 000	480 000	510 000	145 000
Total Current Assets	335 000	728 000	718 000	392 000
Total Assets	383 000	787 000	788 000	474 000
Total Equity	175 000	371 000	309 000	208 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	33 000	29 000	8 000
Unpaid Taxes	91 000	153 000	205 000	75 000
Dividends	0	100 000	100 000	80 000
Other Current Debt	111 000	96 000	86 000	71 000
Total Current Debt	207 000	416 000	479 000	266 000
Total Equity and Debt	383 000	787 000	788 000	474 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−112 %	43,67 %	65,05 %	68,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−21,05 %	11,85 %	15,23 %	13,27 %
Current Ratio	1,62	1,75	1,5	1,47
Quick Ratio	1,62	1,75	1,5	1,47
Equity Ratio	0,46	0,47	0,39	0,44
Gross Profit Margin	83,78 %	76,06 %	76,92 %	79,76 %