MITTET GRUPPEN AS

6016 ÅLESUND

Finances

Return on Equity

8,79 %

Current Ratio

6,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	5 539 000	56 216 000	75 702 000
Net Income	5 390 000	19 039 000	14 633 000	8 616 000
Total Assets	69 326 000	67 859 000	67 659 000	79 597 000
Total Equity	61 320 000	63 129 000	65 798 000	67 665 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	5 539 000	56 216 000	75 702 000
Expenditure	3 787 000	812 000	44 671 000	67 202 000
Operating Profit	−3 787 000	4 727 000	12 934 000	8 473 000
Financial Income	9 147 000	14 628 000	9 364 000	2 699 000
Financial Costs	1 000	0	7 505 000	566 000
Financial Balance	9 146 000	14 628 000	1 859 000	2 133 000
Earnings Before Tax	5 360 000	19 355 000	14 793 000	10 606 000
Tax	−31 000	317 000	160 000	1 990 000
Net Income	5 390 000	19 039 000	14 633 000	8 616 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 809 000	20 591 000	20 965 000	8 941 000
Total Current Assets	48 518 000	47 268 000	46 695 000	70 656 000
Total Assets	69 326 000	67 859 000	67 659 000	79 597 000
Total Retained Equity	61 097 000	62 907 000	65 575 000	66 270 000
Total Equity	61 320 000	63 129 000	65 798 000	67 665 000
Total Long-Term Debt	21 000	52 000	0	0
Total Current Debt	7 985 000	4 678 000	1 861 000	11 932 000
Total Equity and Debt	69 326 000	67 859 000	67 659 000	79 597 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	55 411 000	75 137 000
Other Income	0	5 539 000	805 000	565 000
Revenue	0	5 539 000	56 216 000	75 702 000
Cost of Goods Sold	0	0	31 033 000	35 349 000
Salary Costs	0	0	7 502 000	19 434 000
Depreciation	0	0	940 000	2 416 000
Impairment	0	0	0	0
Expenditure	3 787 000	812 000	44 671 000	67 202 000
Operating Profit	−3 787 000	4 727 000	12 934 000	8 473 000
Financial Income	9 147 000	14 628 000	9 364 000	2 699 000
Financial Costs	1 000	0	7 505 000	566 000
Financial Balance	9 146 000	14 628 000	1 859 000	2 133 000
Dividends	7 200 000	15 000 000	1 500 000	4 750 000
Net Income	5 390 000	19 039 000	14 633 000	8 616 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	35 000	382 000
Real Eastate	800 000	800 000	2 146 000	5 478 000
Machinery and Plant Facilities	0	0	5 000	2 860 000
Fixtures	5 000	5 000	0	0
Total Tangible Assets	805 000	805 000	2 150 000	8 338 000
Total Fiancial Fixed Assets	20 004 000	19 787 000	18 780 000	221 000
Total Fixed Assets	20 809 000	20 591 000	20 965 000	8 941 000
Stock	0	0	0	13 117 000
Total Investments	47 490 000	44 441 000	45 366 000	29 348 000
Cash, Bank	892 000	334 000	1 133 000	7 094 000
Total Current Assets	48 518 000	47 268 000	46 695 000	70 656 000
Total Assets	69 326 000	67 859 000	67 659 000	79 597 000
Total Equity	61 320 000	63 129 000	65 798 000	67 665 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	21 000	52 000	0	0
Creditors	21 000	6 000	0	2 000 000
Unpaid Taxes	0	0	0	2 139 000
Dividends	7 200 000	15 000 000	1 500 000	4 750 000
Other Current Debt	1 964 000	2 836 000	128 000	2 114 000
Total Current Debt	7 985 000	4 678 000	1 861 000	11 932 000
Total Equity and Debt	69 326 000	67 859 000	67 659 000	79 597 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,79 %	30,16 %	22,24 %	12,73 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	85,34 %	23,01 %	11,19 %
Current Ratio	6,08	10,1	25,09	5,92
Quick Ratio	6,08	10,1	25,09	−59,63
Equity Ratio	0,88	0,93	0,97	0,85
Gross Profit Margin	-	100 %	44,8 %	53,31 %