MIDT-NORSK KJØLESERVICE AS

7160 BJUGN

Finances

Share Ownership

Return on Equity

−6,42 %

Current Ratio

2,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 441 000	2 798 000	2 408 000	2 215 000
Net Income	−80 000	223 000	90 000	40 000
Total Assets	2 109 000	1 822 000	1 546 000	1 542 000
Total Equity	1 246 000	1 326 000	1 103 000	1 012 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 441 000	2 798 000	2 408 000	2 215 000
Expenditure	3 544 000	2 512 000	2 292 000	2 303 000
Operating Profit	−103 000	286 000	116 000	50 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	0	0	1 000	0
Financial Balance	1 000	0	0	1 000
Earnings Before Tax	−102 000	286 000	116 000	51 000
Tax	−22 000	63 000	25 000	11 000
Net Income	−80 000	223 000	90 000	40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	161 000	122 000	148 000	62 000
Total Current Assets	1 948 000	1 700 000	1 398 000	1 480 000
Total Assets	2 109 000	1 822 000	1 546 000	1 542 000
Total Retained Equity	945 000	1 025 000	802 000	711 000
Total Equity	1 246 000	1 326 000	1 103 000	1 012 000
Total Long-Term Debt	0	0	0	44 000
Total Current Debt	863 000	497 000	444 000	485 000
Total Equity and Debt	2 109 000	1 822 000	1 546 000	1 542 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 420 000	2 798 000	2 253 000	2 477 000
Other Income	21 000	0	155 000	−262 000
Revenue	3 441 000	2 798 000	2 408 000	2 215 000
Cost of Goods Sold	2 088 000	1 304 000	1 296 000	1 231 000
Salary Costs	603 000	653 000	144 000	390 000
Depreciation	19 000	25 000	18 000	12 000
Impairment	0	0	0	0
Expenditure	3 544 000	2 512 000	2 292 000	2 303 000
Operating Profit	−103 000	286 000	116 000	50 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	0	0	1 000	0
Financial Balance	1 000	0	0	1 000
Dividends	0	0	0	0
Net Income	−80 000	223 000	90 000	40 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	33 000	3 000	4 000	10 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	128 000	120 000	145 000	41 000
Total Tangible Assets	128 000	120 000	145 000	41 000
Total Fiancial Fixed Assets	0	0	0	11 000
Total Fixed Assets	161 000	122 000	148 000	62 000
Stock	665 000	603 000	268 000	415 000
Total Investments	0	0	0	0
Cash, Bank	989 000	811 000	799 000	554 000
Total Current Assets	1 948 000	1 700 000	1 398 000	1 480 000
Total Assets	2 109 000	1 822 000	1 546 000	1 542 000
Total Equity	1 246 000	1 326 000	1 103 000	1 012 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	44 000
Creditors	433 000	116 000	322 000	93 000
Unpaid Taxes	111 000	243 000	73 000	174 000
Dividends	0	0	0	0
Other Current Debt	311 000	75 000	29 000	210 000
Total Current Debt	863 000	497 000	444 000	485 000
Total Equity and Debt	2 109 000	1 822 000	1 546 000	1 542 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,42 %	16,82 %	8,16 %	3,95 %
Debt-to-Equity Ratio	0	0	0	0,04
Operating Profit Margin	−2,99 %	10,22 %	4,82 %	2,26 %
Current Ratio	2,26	3,42	3,15	3,05
Quick Ratio	9,84	−16,04	7,94	21,14
Equity Ratio	0,59	0,73	0,71	0,66
Gross Profit Margin	39,32 %	53,4 %	46,18 %	44,42 %