MIDT NORSK BÅTFORMIDLING AS

7863 OVERHALLA

Finances

Share Ownership

Return on Equity

−27,3 %

Current Ratio

2,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 013 000	3 437 000	648 000	296 000
Net Income	−92 000	430 000	70 000	−63 000
Total Assets	592 000	769 000	378 000	570 000
Total Equity	337 000	429 000	−1 000	−71 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 013 000	3 437 000	648 000	296 000
Expenditure	1 098 000	2 862 000	509 000	322 000
Operating Profit	−86 000	576 000	139 000	−27 000
Financial Income	0	0	0	0
Financial Costs	6 000	21 000	48 000	54 000
Financial Balance	−6 000	−21 000	−48 000	−54 000
Earnings Before Tax	−92 000	554 000	90 000	−81 000
Tax	0	124 000	20 000	−18 000
Net Income	−92 000	430 000	70 000	−63 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	58 000	42 000	68 000	113 000
Total Current Assets	534 000	727 000	310 000	456 000
Total Assets	592 000	769 000	378 000	570 000
Total Retained Equity	307 000	399 000	−31 000	−101 000
Total Equity	337 000	429 000	−1 000	−71 000
Total Long-Term Debt	0	1 000	39 000	52 000
Total Current Debt	255 000	339 000	340 000	589 000
Total Equity and Debt	592 000	769 000	378 000	570 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 013 000	3 437 000	646 000	289 000
Other Income	0	0	2 000	6 000
Revenue	1 013 000	3 437 000	648 000	296 000
Cost of Goods Sold	423 000	2 464 000	395 000	198 000
Salary Costs	275 000	160 000	0	0
Depreciation	9 000	12 000	25 000	25 000
Impairment	0	0	0	0
Expenditure	1 098 000	2 862 000	509 000	322 000
Operating Profit	−86 000	576 000	139 000	−27 000
Financial Income	0	0	0	0
Financial Costs	6 000	21 000	48 000	54 000
Financial Balance	−6 000	−21 000	−48 000	−54 000
Dividends	0	0	0	0
Net Income	−92 000	430 000	70 000	−63 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	14 000	18 000	58 000	78 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	19 000	23 000	10 000	35 000
Total Tangible Assets	19 000	23 000	10 000	35 000
Total Fiancial Fixed Assets	25 000	0	0	0
Total Fixed Assets	58 000	42 000	68 000	113 000
Stock	339 000	249 000	300 000	435 000
Total Investments	0	0	0	0
Cash, Bank	10 000	459 000	0	0
Total Current Assets	534 000	727 000	310 000	456 000
Total Assets	592 000	769 000	378 000	570 000
Total Equity	337 000	429 000	−1 000	−71 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	39 000	52 000
Creditors	31 000	56 000	4 000	2 000
Unpaid Taxes	54 000	61 000	24 000	17 000
Dividends	0	0	0	0
Other Current Debt	161 000	156 000	27 000	37 000
Total Current Debt	255 000	339 000	340 000	589 000
Total Equity and Debt	592 000	769 000	378 000	570 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,3 %	100,23 %	−7 000 %	88,73 %
Debt-to-Equity Ratio	0	0	−39	−0,73
Operating Profit Margin	−8,49 %	16,76 %	21,45 %	−9,12 %
Current Ratio	2,09	2,14	0,91	0,77
Quick Ratio	−6,36	8,08	7,75	2,96
Equity Ratio	0,57	0,56	−0	−0,12
Gross Profit Margin	58,24 %	28,31 %	39,04 %	33,11 %