MIDTUNBUTIKKEN AS

5224 NESTTUN

Finances

Share Ownership

Return on Equity

11,98 %

Current Ratio

0,29

Debt-to-Equity Ratio

−0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 397 000	3 991 000	3 843 000	2 553 000
Net Income	−1 229 000	−1 165 000	−1 267 000	−1 650 000
Total Assets	3 095 000	3 035 000	2 401 000	2 700 000
Total Equity	−10 259 000	−9 030 000	−7 865 000	−6 598 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 397 000	3 991 000	3 843 000	2 553 000
Expenditure	4 447 000	4 972 000	4 921 000	4 069 000
Operating Profit	−1 051 000	−981 000	−1 078 000	−1 516 000
Financial Income	0	0	0	0
Financial Costs	178 000	185 000	189 000	134 000
Financial Balance	−178 000	−185 000	−189 000	−134 000
Earnings Before Tax	−1 229 000	−1 165 000	−1 267 000	−1 650 000
Tax	0	0	0	0
Net Income	−1 229 000	−1 165 000	−1 267 000	−1 650 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	48 000	73 000	86 000	43 000
Total Current Assets	3 047 000	2 962 000	2 315 000	2 657 000
Total Assets	3 095 000	3 035 000	2 401 000	2 700 000
Total Retained Equity	−10 489 000	−9 260 000	−8 095 000	−6 828 000
Total Equity	−10 259 000	−9 030 000	−7 865 000	−6 598 000
Total Long-Term Debt	2 671 000	1 706 000	1 867 000	1 875 000
Total Current Debt	10 683 000	10 360 000	8 399 000	7 423 000
Total Equity and Debt	3 095 000	3 035 000	2 401 000	2 700 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 298 000	3 874 000	3 688 000	2 237 000
Other Income	99 000	117 000	156 000	316 000
Revenue	3 397 000	3 991 000	3 843 000	2 553 000
Cost of Goods Sold	2 384 000	2 764 000	2 922 000	1 722 000
Salary Costs	1 310 000	1 338 000	1 244 000	1 065 000
Depreciation	25 000	13 000	11 000	15 000
Impairment	0	0	0	0
Expenditure	4 447 000	4 972 000	4 921 000	4 069 000
Operating Profit	−1 051 000	−981 000	−1 078 000	−1 516 000
Financial Income	0	0	0	0
Financial Costs	178 000	185 000	189 000	134 000
Financial Balance	−178 000	−185 000	−189 000	−134 000
Dividends	0	0	0	0
Net Income	−1 229 000	−1 165 000	−1 267 000	−1 650 000

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	38 000	63 000	22 000	33 000
Total Tangible Assets	38 000	63 000	22 000	33 000
Total Fiancial Fixed Assets	10 000	10 000	64 000	10 000
Total Fixed Assets	48 000	73 000	86 000	43 000
Stock	2 760 000	2 733 000	2 089 000	2 543 000
Total Investments	0	0	0	0
Cash, Bank	46 000	21 000	51 000	43 000
Total Current Assets	3 047 000	2 962 000	2 315 000	2 657 000
Total Assets	3 095 000	3 035 000	2 401 000	2 700 000
Total Equity	−10 259 000	−9 030 000	−7 865 000	−6 598 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 671 000	1 706 000	1 867 000	1 875 000
Creditors	1 238 000	1 634 000	1 284 000	707 000
Unpaid Taxes	120 000	93 000	127 000	62 000
Dividends	0	0	0	0
Other Current Debt	8 433 000	7 681 000	6 098 000	5 807 000
Total Current Debt	10 683 000	10 360 000	8 399 000	7 423 000
Total Equity and Debt	3 095 000	3 035 000	2 401 000	2 700 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,98 %	12,9 %	16,11 %	25,01 %
Debt-to-Equity Ratio	−0,26	−0,19	−0,24	−0,28
Operating Profit Margin	−30,94 %	−24,58 %	−28,05 %	−59,38 %
Current Ratio	0,29	0,29	0,28	0,36
Quick Ratio	0,38	0,39	0,37	0,54
Equity Ratio	−3,31	−2,98	−3,28	−2,44
Gross Profit Margin	29,82 %	30,74 %	23,97 %	32,55 %