MIDTNORSK BRANNSIKRING AS

6264 TENNFJORD

Finances

Share Ownership

Return on Equity

93,81 %

Current Ratio

1,91

Debt-to-Equity Ratio

0,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 591 000	0	1 050 000	5 773 000
Net Income	924 000	−27 000	−294 000	−63 000
Total Assets	2 626 000	204 000	357 000	1 787 000
Total Equity	985 000	−274 000	−248 000	46 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 591 000	0	1 050 000	5 773 000
Expenditure	6 574 000	17 000	1 305 000	5 782 000
Operating Profit	1 017 000	−17 000	−255 000	−9 000
Financial Income	2 000	0	0	0
Financial Costs	15 000	9 000	39 000	54 000
Financial Balance	−13 000	−9 000	−39 000	−54 000
Earnings Before Tax	1 004 000	−27 000	−294 000	−63 000
Tax	80 000	0	0	0
Net Income	924 000	−27 000	−294 000	−63 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	359 000	32 000	45 000	148 000
Total Current Assets	2 267 000	171 000	312 000	1 639 000
Total Assets	2 626 000	204 000	357 000	1 787 000
Total Retained Equity	955 000	−304 000	−278 000	16 000
Total Equity	985 000	−274 000	−248 000	46 000
Total Long-Term Debt	451 000	126 000	126 000	248 000
Total Current Debt	1 190 000	352 000	479 000	1 492 000
Total Equity and Debt	2 626 000	204 000	357 000	1 787 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 591 000	0	949 000	5 732 000
Other Income	0	0	101 000	41 000
Revenue	7 591 000	0	1 050 000	5 773 000
Cost of Goods Sold	3 418 000	0	730 000	1 547 000
Salary Costs	2 199 000	0	82 000	2 621 000
Depreciation	34 000	13 000	102 000	104 000
Impairment	0	0	0	0
Expenditure	6 574 000	17 000	1 305 000	5 782 000
Operating Profit	1 017 000	−17 000	−255 000	−9 000
Financial Income	2 000	0	0	0
Financial Costs	15 000	9 000	39 000	54 000
Financial Balance	−13 000	−9 000	−39 000	−54 000
Dividends	0	0	0	0
Net Income	924 000	−27 000	−294 000	−63 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	14 000	22 000	30 000	38 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	89 000
Fixtures	345 000	10 000	15 000	21 000
Total Tangible Assets	345 000	10 000	15 000	110 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	359 000	32 000	45 000	148 000
Stock	73 000	68 000	207 000	411 000
Total Investments	0	0	0	0
Cash, Bank	797 000	1 000	1 000	101 000
Total Current Assets	2 267 000	171 000	312 000	1 639 000
Total Assets	2 626 000	204 000	357 000	1 787 000
Total Equity	985 000	−274 000	−248 000	46 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	451 000	126 000	126 000	248 000
Creditors	602 000	5 000	4 000	559 000
Unpaid Taxes	334 000	0	1 000	401 000
Dividends	0	0	0	0
Other Current Debt	174 000	347 000	58 000	330 000
Total Current Debt	1 190 000	352 000	479 000	1 492 000
Total Equity and Debt	2 626 000	204 000	357 000	1 787 000

Financial indicators	2022	2021	2020	2019
Return on Equity	93,81 %	9,85 %	118,55 %	−136,96 %
Debt-to-Equity Ratio	0,46	−0,46	−0,51	5,39
Operating Profit Margin	13,4 %	-	−24,29 %	−0,16 %
Current Ratio	1,91	0,49	0,65	1,1
Quick Ratio	2,03	0,6	1,15	1,52
Equity Ratio	0,38	−1,34	−0,69	0,03
Gross Profit Margin	54,97 %	-	30,48 %	73,2 %