MIDT-NORSK INDUSTRISERVICE AS

7633 FROSTA

Finances

Return on Equity

N/A

Current Ratio

1,6

Debt-to-Equity Ratio

N/A

Key figures (NOK)	2022	2021	2020	2019
Revenue	140 186 000	8 868 000	6 082 000	12 381 000
Net Income	4 490 000	1 891 000	1 344 000	1 646 000
Total Assets	74 312 000	20 073 000	18 417 000	18 455 000
Total Equity	0	18 087 000	16 796 000	15 952 000

Income (NOK)	2022	2021	2020	2019
Revenue	140 186 000	8 868 000	6 082 000	12 381 000
Expenditure	133 018 000	6 533 000	4 494 000	10 451 000
Operating Profit	7 168 000	2 336 000	1 587 000	1 931 000
Financial Income	139 000	91 000	142 000	183 000
Financial Costs	1 551 000	0	3 000	2 000
Financial Balance	−1 412 000	91 000	139 000	181 000
Earnings Before Tax	5 756 000	2 426 000	1 726 000	2 111 000
Tax	1 266 000	535 000	382 000	466 000
Net Income	4 490 000	1 891 000	1 344 000	1 646 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	8 860 000	8 577 000	8 272 000
Total Current Assets	59 354 000	11 212 000	9 840 000	10 183 000
Total Assets	74 312 000	20 073 000	18 417 000	18 455 000
Total Retained Equity	20 154 000	10 700 000	9 408 000	8 564 000
Total Equity	0	18 087 000	16 796 000	15 952 000
Total Long-Term Debt	8 031 000	233 000	235 000	355 000
Total Current Debt	37 204 000	1 752 000	1 386 000	2 148 000
Total Equity and Debt	74 312 000	20 073 000	18 417 000	18 455 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	137 536 000	8 868 000	6 032 000	12 370 000
Other Income	2 650 000	0	50 000	11 000
Revenue	140 186 000	8 868 000	6 082 000	12 381 000
Cost of Goods Sold	110 856 000	3 942 000	1 722 000	7 441 000
Salary Costs	14 756 000	1 625 000	1 575 000	1 606 000
Depreciation	845 000	30 000	17 000	61 000
Impairment	0	0	0	0
Expenditure	133 018 000	6 533 000	4 494 000	10 451 000
Operating Profit	7 168 000	2 336 000	1 587 000	1 931 000
Financial Income	139 000	91 000	142 000	183 000
Financial Costs	1 551 000	0	3 000	2 000
Financial Balance	−1 412 000	91 000	139 000	181 000
Dividends	0	600 000	500 000	200 000
Net Income	4 490 000	1 891 000	1 344 000	1 646 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	159 000	0	0	0
Real Eastate	13 427 000	275 000	350 000	0
Machinery and Plant Facilities	0	0	9 000	24 000
Fixtures	800 000	328 000	17 000	20 000
Total Tangible Assets	14 532 000	603 000	376 000	44 000
Total Fiancial Fixed Assets	14 958 000	8 258 000	8 201 000	8 228 000
Total Fixed Assets	0	8 860 000	8 577 000	8 272 000
Stock	0	5 000	3 000	3 000
Total Investments	0	0	0	0
Cash, Bank	0	10 012 000	9 215 000	6 126 000
Total Current Assets	59 354 000	11 212 000	9 840 000	10 183 000
Total Assets	74 312 000	20 073 000	18 417 000	18 455 000
Total Equity	0	18 087 000	16 796 000	15 952 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 031 000	233 000	235 000	355 000
Creditors	0	418 000	135 000	545 000
Unpaid Taxes	0	340 000	337 000	630 000
Dividends	0	600 000	500 000	200 000
Other Current Debt	0	458 000	412 000	425 000
Total Current Debt	37 204 000	1 752 000	1 386 000	2 148 000
Total Equity and Debt	74 312 000	20 073 000	18 417 000	18 455 000

Financial indicators	2022	2021	2020	2019
Return on Equity	-	10,46 %	8 %	10,32 %
Debt-to-Equity Ratio	-	0,01	0,01	0,02
Operating Profit Margin	5,11 %	26,34 %	26,09 %	15,6 %
Current Ratio	1,6	6,4	7,1	4,74
Quick Ratio	1,6	6,42	7,11	4,75
Equity Ratio	0	0,9	0,91	0,86
Gross Profit Margin	20,92 %	55,55 %	71,69 %	39,9 %