MIDT-NORSK HESTESENTER AS

7080 HEIMDAL

Finances

Share Ownership

Return on Equity

−10,16 %

Current Ratio

50,42

Debt-to-Equity Ratio

−4,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 349 000	2 216 000	2 090 000	1 982 000
Net Income	312 000	−907 000	−799 000	−2 393 000
Total Assets	11 353 000	8 053 000	8 779 000	9 674 000
Total Equity	−3 070 000	−6 502 000	−5 595 000	−4 796 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 349 000	2 216 000	2 090 000	1 982 000
Expenditure	2 362 000	2 731 000	2 475 000	2 955 000
Operating Profit	−13 000	−515 000	−384 000	−972 000
Financial Income	3 000	2 000	0	0
Financial Costs	559 000	394 000	415 000	533 000
Financial Balance	−556 000	−392 000	−415 000	−533 000
Earnings Before Tax	−568 000	−907 000	−799 000	−1 505 000
Tax	−880 000	0	0	889 000
Net Income	312 000	−907 000	−799 000	−2 393 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 067 000	7 508 000	8 165 000	9 065 000
Total Current Assets	4 286 000	546 000	614 000	610 000
Total Assets	11 353 000	8 053 000	8 779 000	9 674 000
Total Retained Equity	−6 690 000	−7 002 000	−6 095 000	−5 296 000
Total Equity	−3 070 000	−6 502 000	−5 595 000	−4 796 000
Total Long-Term Debt	14 339 000	14 512 000	14 324 000	14 057 000
Total Current Debt	85 000	43 000	51 000	414 000
Total Equity and Debt	11 353 000	8 053 000	8 779 000	9 674 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 029 000	2 191 000	2 090 000	1 982 000
Other Income	320 000	25 000	0	0
Revenue	2 349 000	2 216 000	2 090 000	1 982 000
Cost of Goods Sold	6 000	6 000	0	0
Salary Costs	0	0	0	14 000
Depreciation	762 000	776 000	780 000	779 000
Impairment	0	0	0	0
Expenditure	2 362 000	2 731 000	2 475 000	2 955 000
Operating Profit	−13 000	−515 000	−384 000	−972 000
Financial Income	3 000	2 000	0	0
Financial Costs	559 000	394 000	415 000	533 000
Financial Balance	−556 000	−392 000	−415 000	−533 000
Dividends	0	0	0	0
Net Income	312 000	−907 000	−799 000	−2 393 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 677 000	7 401 000	8 079 000	8 715 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	390 000	107 000	86 000	150 000
Total Tangible Assets	7 067 000	7 508 000	8 165 000	8 865 000
Total Fiancial Fixed Assets	0	0	0	200 000
Total Fixed Assets	7 067 000	7 508 000	8 165 000	9 065 000
Stock	0	321 000	296 000	321 000
Total Investments	0	0	0	0
Cash, Bank	94 000	90 000	194 000	108 000
Total Current Assets	4 286 000	546 000	614 000	610 000
Total Assets	11 353 000	8 053 000	8 779 000	9 674 000
Total Equity	−3 070 000	−6 502 000	−5 595 000	−4 796 000
Short-Term Group Debt	0	0	0	250 000
Total Long-Term Debt	14 339 000	14 512 000	14 324 000	14 057 000
Creditors	83 000	42 000	50 000	156 000
Unpaid Taxes	0	0	0	1 000
Dividends	0	0	0	0
Other Current Debt	2 000	1 000	1 000	7 000
Total Current Debt	85 000	43 000	51 000	414 000
Total Equity and Debt	11 353 000	8 053 000	8 779 000	9 674 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,16 %	13,95 %	14,28 %	49,9 %
Debt-to-Equity Ratio	−4,67	−2,23	−2,56	−2,93
Operating Profit Margin	−0,55 %	−23,24 %	−18,37 %	−49,04 %
Current Ratio	50,42	12,7	12,04	1,47
Quick Ratio	50,42	−1,96	−2,51	6,56
Equity Ratio	−0,27	−0,81	−0,64	−0,5
Gross Profit Margin	99,74 %	99,73 %	100 %	100 %