MIDT- NORGE KOMMUNIKASJON AS

7620 SKOGN

Finances

Share Ownership

Return on Equity

3,57 %

Current Ratio

1,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 176 000	1 270 000	1 295 000	1 186 000
Net Income	4 000	6 000	−7 000	−50 000
Total Assets	310 000	265 000	304 000	282 000
Total Equity	112 000	108 000	102 000	108 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 176 000	1 270 000	1 295 000	1 186 000
Expenditure	1 165 000	1 256 000	1 301 000	1 248 000
Operating Profit	9 000	13 000	−6 000	−61 000
Financial Income	0	0	0	1 000
Financial Costs	4 000	6 000	3 000	3 000
Financial Balance	−4 000	−6 000	−3 000	−2 000
Earnings Before Tax	5 000	8 000	−9 000	−64 000
Tax	1 000	2 000	−2 000	−14 000
Net Income	4 000	6 000	−7 000	−50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 000	44 000	48 000	50 000
Total Current Assets	270 000	222 000	255 000	232 000
Total Assets	310 000	265 000	304 000	282 000
Total Retained Equity	82 000	78 000	72 000	78 000
Total Equity	112 000	108 000	102 000	108 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	198 000	158 000	202 000	174 000
Total Equity and Debt	310 000	265 000	304 000	282 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 085 000	1 040 000	1 066 000	1 008 000
Other Income	91 000	230 000	228 000	179 000
Revenue	1 176 000	1 270 000	1 295 000	1 186 000
Cost of Goods Sold	616 000	819 000	809 000	711 000
Salary Costs	434 000	317 000	362 000	422 000
Depreciation	2 000	3 000	4 000	5 000
Impairment	0	0	0	0
Expenditure	1 165 000	1 256 000	1 301 000	1 248 000
Operating Profit	9 000	13 000	−6 000	−61 000
Financial Income	0	0	0	1 000
Financial Costs	4 000	6 000	3 000	3 000
Financial Balance	−4 000	−6 000	−3 000	−2 000
Dividends	0	0	0	0
Net Income	4 000	6 000	−7 000	−50 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	31 000	32 000	33 000	31 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	10 000	12 000	15 000	19 000
Total Tangible Assets	10 000	12 000	15 000	19 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	40 000	44 000	48 000	50 000
Stock	166 000	176 000	188 000	191 000
Total Investments	0	0	0	0
Cash, Bank	5 000	2 000	17 000	19 000
Total Current Assets	270 000	222 000	255 000	232 000
Total Assets	310 000	265 000	304 000	282 000
Total Equity	112 000	108 000	102 000	108 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	29 000	50 000	52 000	63 000
Unpaid Taxes	40 000	51 000	52 000	58 000
Dividends	0	0	0	0
Other Current Debt	43 000	46 000	44 000	47 000
Total Current Debt	198 000	158 000	202 000	174 000
Total Equity and Debt	310 000	265 000	304 000	282 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,57 %	5,56 %	−6,86 %	−46,3 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,77 %	1,02 %	−0,46 %	−5,14 %
Current Ratio	1,36	1,41	1,26	1,33
Quick Ratio	8,44	−12,33	18,21	−13,65
Equity Ratio	0,36	0,41	0,34	0,38
Gross Profit Margin	47,62 %	35,51 %	37,53 %	40,05 %