MIDVIK ENGINEERING AS

4034 STAVANGER

Finances

Share Ownership

Return on Equity

−27,05 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−327 000	323 000	432 000	74 000
Total Assets	2 803 000	3 119 000	2 785 000	2 353 000
Total Equity	1 209 000	1 536 000	1 213 000	780 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	56 000	55 000	43 000	55 000
Operating Profit	−56 000	−55 000	−43 000	−55 000
Financial Income	56 000	379 000	502 000	136 000
Financial Costs	327 000	0	28 000	6 000
Financial Balance	−271 000	379 000	474 000	130 000
Earnings Before Tax	−327 000	323 000	432 000	74 000
Tax	0	0	0	0
Net Income	−327 000	323 000	432 000	74 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 798 000	3 113 000	2 778 000	2 334 000
Total Current Assets	5 000	5 000	7 000	19 000
Total Assets	2 803 000	3 119 000	2 785 000	2 353 000
Total Retained Equity	1 109 000	1 436 000	1 113 000	673 000
Total Equity	1 209 000	1 536 000	1 213 000	780 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 594 000	1 582 000	1 572 000	1 572 000
Total Equity and Debt	2 803 000	3 119 000	2 785 000	2 353 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	56 000	55 000	43 000	55 000
Operating Profit	−56 000	−55 000	−43 000	−55 000
Financial Income	56 000	379 000	502 000	136 000
Financial Costs	327 000	0	28 000	6 000
Financial Balance	−271 000	379 000	474 000	130 000
Dividends	0	0	0	0
Net Income	−327 000	323 000	432 000	74 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 798 000	3 113 000	2 778 000	2 334 000
Total Fixed Assets	2 798 000	3 113 000	2 778 000	2 334 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 000	5 000	7 000	19 000
Total Current Assets	5 000	5 000	7 000	19 000
Total Assets	2 803 000	3 119 000	2 785 000	2 353 000
Total Equity	1 209 000	1 536 000	1 213 000	780 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 594 000	1 582 000	1 572 000	1 572 000
Total Current Debt	1 594 000	1 582 000	1 572 000	1 572 000
Total Equity and Debt	2 803 000	3 119 000	2 785 000	2 353 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,05 %	21,03 %	35,61 %	9,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	0	0	0	0,01
Quick Ratio	0	0	0	0,01
Equity Ratio	0,43	0,49	0,44	0,33
Gross Profit Margin	-	-	-	-