MIDTSVEEN TANKTRANSPORT AS

2870 DOKKA

Finances

Share Ownership

Return on Equity

18,14 %

Current Ratio

1,49

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	162 154 000	96 348 000	74 130 000	71 219 000
Net Income	2 574 000	1 044 000	821 000	1 268 000
Total Assets	39 293 000	28 613 000	22 481 000	21 216 000
Total Equity	14 188 000	11 614 000	10 570 000	9 749 000

Income (NOK)	2022	2021	2020	2019
Revenue	162 154 000	96 348 000	74 130 000	71 219 000
Expenditure	158 650 000	94 823 000	72 947 000	69 565 000
Operating Profit	3 503 000	1 525 000	1 183 000	1 654 000
Financial Income	80 000	0	15 000	31 000
Financial Costs	283 000	186 000	146 000	59 000
Financial Balance	−203 000	−186 000	−131 000	−28 000
Earnings Before Tax	3 300 000	1 339 000	1 052 000	1 625 000
Tax	726 000	295 000	231 000	358 000
Net Income	2 574 000	1 044 000	821 000	1 268 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 144 000	6 345 000	6 255 000	5 984 000
Total Current Assets	33 149 000	22 268 000	16 226 000	15 232 000
Total Assets	39 293 000	28 613 000	22 481 000	21 216 000
Total Retained Equity	14 088 000	11 514 000	10 470 000	9 649 000
Total Equity	14 188 000	11 614 000	10 570 000	9 749 000
Total Long-Term Debt	2 896 000	2 082 000	2 688 000	1 085 000
Total Current Debt	22 209 000	14 916 000	9 224 000	10 382 000
Total Equity and Debt	39 293 000	28 613 000	22 481 000	21 216 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	162 144 000	96 339 000	73 714 000	71 211 000
Other Income	10 000	9 000	416 000	8 000
Revenue	162 154 000	96 348 000	74 130 000	71 219 000
Cost of Goods Sold	148 960 000	86 935 000	66 300 000	63 425 000
Salary Costs	3 521 000	3 071 000	2 794 000	2 685 000
Depreciation	1 878 000	1 530 000	1 566 000	1 305 000
Impairment	0	0	0	0
Expenditure	158 650 000	94 823 000	72 947 000	69 565 000
Operating Profit	3 503 000	1 525 000	1 183 000	1 654 000
Financial Income	80 000	0	15 000	31 000
Financial Costs	283 000	186 000	146 000	59 000
Financial Balance	−203 000	−186 000	−131 000	−28 000
Dividends	0	0	0	0
Net Income	2 574 000	1 044 000	821 000	1 268 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	135 000	240 000	346 000	335 000
Machinery and Plant Facilities	74 000	0	0	0
Fixtures	5 622 000	6 094 000	5 900 000	5 641 000
Total Tangible Assets	5 832 000	6 335 000	6 246 000	5 975 000
Total Fiancial Fixed Assets	312 000	10 000	9 000	9 000
Total Fixed Assets	6 144 000	6 345 000	6 255 000	5 984 000
Stock	821 000	893 000	561 000	550 000
Total Investments	0	0	0	0
Cash, Bank	14 461 000	10 338 000	8 310 000	7 693 000
Total Current Assets	33 149 000	22 268 000	16 226 000	15 232 000
Total Assets	39 293 000	28 613 000	22 481 000	21 216 000
Total Equity	14 188 000	11 614 000	10 570 000	9 749 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 896 000	2 082 000	2 688 000	1 085 000
Creditors	20 039 000	13 459 000	8 163 000	9 146 000
Unpaid Taxes	663 000	291 000	313 000	423 000
Dividends	0	0	0	0
Other Current Debt	696 000	866 000	611 000	537 000
Total Current Debt	22 209 000	14 916 000	9 224 000	10 382 000
Total Equity and Debt	39 293 000	28 613 000	22 481 000	21 216 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,14 %	8,99 %	7,77 %	13,01 %
Debt-to-Equity Ratio	0,2	0,18	0,25	0,11
Operating Profit Margin	2,16 %	1,58 %	1,6 %	2,32 %
Current Ratio	1,49	1,49	1,76	1,47
Quick Ratio	1,55	1,59	1,87	1,55
Equity Ratio	0,36	0,41	0,47	0,46
Gross Profit Margin	8,14 %	9,77 %	10,56 %	10,94 %