MIDGARD VEST AS

5009 BERGEN

Finances

Return on Equity

8,44 %

Current Ratio

1,48

Debt-to-Equity Ratio

5,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	13 218 000	22 567 000	14 520 000	470 000
Total Assets	957 743 000	839 639 000	691 818 000	471 881 000
Total Equity	156 661 000	147 488 000	129 721 000	55 452 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	514 000	342 000	370 000	156 000
Operating Profit	−514 000	−342 000	−370 000	−156 000
Financial Income	40 390 000	45 850 000	34 603 000	19 955 000
Financial Costs	25 133 000	20 667 000	17 900 000	18 778 000
Financial Balance	15 257 000	25 183 000	16 703 000	1 177 000
Earnings Before Tax	14 744 000	24 841 000	16 333 000	1 021 000
Tax	1 526 000	2 274 000	1 813 000	551 000
Net Income	13 218 000	22 567 000	14 520 000	470 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	937 340 000	818 293 000	602 361 000	452 022 000
Total Current Assets	20 402 000	21 346 000	89 457 000	19 858 000
Total Assets	957 743 000	839 639 000	691 818 000	471 881 000
Total Retained Equity	51 661 000	42 488 000	24 721 000	952 000
Total Equity	156 661 000	147 488 000	129 721 000	55 452 000
Total Long-Term Debt	787 286 000	677 834 000	550 274 000	408 183 000
Total Current Debt	13 796 000	14 317 000	11 822 000	8 246 000
Total Equity and Debt	957 743 000	839 639 000	691 818 000	471 881 000

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	514 000	342 000	370 000	156 000
Operating Profit	−514 000	−342 000	−370 000	−156 000
Financial Income	40 390 000	45 850 000	34 603 000	19 955 000
Financial Costs	25 133 000	20 667 000	17 900 000	18 778 000
Financial Balance	15 257 000	25 183 000	16 703 000	1 177 000
Dividends	0	0	0	0
Net Income	13 218 000	22 567 000	14 520 000	470 000

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	937 340 000	818 293 000	602 361 000	452 022 000
Total Fixed Assets	937 340 000	818 293 000	602 361 000	452 022 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	521 000	45 000	5 299 000	7 481 000
Total Current Assets	20 402 000	21 346 000	89 457 000	19 858 000
Total Assets	957 743 000	839 639 000	691 818 000	471 881 000
Total Equity	156 661 000	147 488 000	129 721 000	55 452 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	787 286 000	677 834 000	550 274 000	408 183 000
Creditors	195 000	310 000	179 000	77 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	13 601 000	14 006 000	11 643 000	8 170 000
Total Current Debt	13 796 000	14 317 000	11 822 000	8 246 000
Total Equity and Debt	957 743 000	839 639 000	691 818 000	471 881 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,44 %	15,3 %	11,19 %	0,85 %
Debt-to-Equity Ratio	5,03	4,6	4,24	7,36
Operating Profit Margin	-	-	-	-
Current Ratio	1,48	1,49	7,57	2,41
Quick Ratio	1,48	1,49	7,57	2,41
Equity Ratio	0,16	0,18	0,19	0,12
Gross Profit Margin	-	-	-	-