MIDT-NORGE ASSURANSE AS

7080 HEIMDAL

Finances

Share Ownership

Return on Equity

216,67 %

Current Ratio

0,42

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	256 000	352 000	830 000	719 000
Net Income	−13 000	−17 000	28 000	−16 000
Total Assets	59 000	65 000	184 000	149 000
Total Equity	−6 000	6 000	23 000	−5 000

Income (NOK)	2022	2021	2020	2019
Revenue	256 000	352 000	830 000	719 000
Expenditure	272 000	374 000	794 000	740 000
Operating Profit	−16 000	−22 000	36 000	−21 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−16 000	−22 000	36 000	−21 000
Tax	−4 000	−5 000	8 000	−5 000
Net Income	−13 000	−17 000	28 000	−16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 000	28 000	23 000	31 000
Total Current Assets	27 000	37 000	161 000	118 000
Total Assets	59 000	65 000	184 000	149 000
Total Retained Equity	−31 000	−18 000	−1 000	−29 000
Total Equity	−6 000	6 000	23 000	−5 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	65 000	59 000	161 000	154 000
Total Equity and Debt	59 000	65 000	184 000	149 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	256 000	352 000	830 000	719 000
Revenue	256 000	352 000	830 000	719 000
Cost of Goods Sold	0	0	0	0
Salary Costs	179 000	256 000	698 000	639 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	272 000	374 000	794 000	740 000
Operating Profit	−16 000	−22 000	36 000	−21 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−13 000	−17 000	28 000	−16 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	31 000	28 000	23 000	31 000
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	0	0	0	0
Total Fixed Assets	31 000	28 000	23 000	31 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	27 000	37 000	154 000	113 000
Total Current Assets	27 000	37 000	161 000	118 000
Total Assets	59 000	65 000	184 000	149 000
Total Equity	−6 000	6 000	23 000	−5 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	0	1 000	1 000
Unpaid Taxes	17 000	3 000	63 000	63 000
Dividends	0	0	0	0
Other Current Debt	48 000	55 000	97 000	90 000
Total Current Debt	65 000	59 000	161 000	154 000
Total Equity and Debt	59 000	65 000	184 000	149 000

Financial indicators	2022	2021	2020	2019
Return on Equity	216,67 %	−283,33 %	121,74 %	320 %
Debt-to-Equity Ratio	−0	0	0	−0
Operating Profit Margin	−6,25 %	−6,25 %	4,34 %	−2,92 %
Current Ratio	0,42	0,63	1	0,77
Quick Ratio	0,42	0,63	1	0,77
Equity Ratio	−0,1	0,09	0,13	−0,03
Gross Profit Margin	100 %	100 %	100 %	100 %