MIDTBØEN DEKK OG SERVICE AS

3941 PORSGRUNN

Finances

Share Ownership

Return on Equity

127,59 %

Current Ratio

1,03

Debt-to-Equity Ratio

17,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 316 000	2 497 000	1 675 000	506 000
Net Income	37 000	19 000	2 000	−54 000
Total Assets	1 162 000	530 000	165 000	58 000
Total Equity	29 000	−8 000	−27 000	−29 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 316 000	2 497 000	1 675 000	506 000
Expenditure	3 241 000	2 459 000	1 672 000	561 000
Operating Profit	74 000	38 000	3 000	−54 000
Financial Income	0	0	1 000	0
Financial Costs	35 000	19 000	1 000	0
Financial Balance	−35 000	−19 000	0	0
Earnings Before Tax	39 000	19 000	2 000	−54 000
Tax	2 000	0	0	0
Net Income	37 000	19 000	2 000	−54 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	529 000	201 000	39 000	30 000
Total Current Assets	634 000	329 000	126 000	28 000
Total Assets	1 162 000	530 000	165 000	58 000
Total Retained Equity	−1 000	−38 000	−57 000	−59 000
Total Equity	29 000	−8 000	−27 000	−29 000
Total Long-Term Debt	515 000	178 000	0	5 000
Total Current Debt	618 000	360 000	192 000	83 000
Total Equity and Debt	1 162 000	530 000	165 000	58 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 270 000	2 486 000	1 675 000	506 000
Other Income	46 000	10 000	0	0
Revenue	3 316 000	2 497 000	1 675 000	506 000
Cost of Goods Sold	1 020 000	1 098 000	1 157 000	436 000
Salary Costs	1 033 000	443 000	3 000	2 000
Depreciation	138 000	53 000	14 000	0
Impairment	0	0	0	0
Expenditure	3 241 000	2 459 000	1 672 000	561 000
Operating Profit	74 000	38 000	3 000	−54 000
Financial Income	0	0	1 000	0
Financial Costs	35 000	19 000	1 000	0
Financial Balance	−35 000	−19 000	0	0
Dividends	0	0	0	0
Net Income	37 000	19 000	2 000	−54 000

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	529 000	201 000	34 000	0
Total Tangible Assets	529 000	201 000	34 000	0
Total Fiancial Fixed Assets	0	0	6 000	30 000
Total Fixed Assets	529 000	201 000	39 000	30 000
Stock	320 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	67 000	54 000	10 000	4 000
Total Current Assets	634 000	329 000	126 000	28 000
Total Assets	1 162 000	530 000	165 000	58 000
Total Equity	29 000	−8 000	−27 000	−29 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	515 000	178 000	0	5 000
Creditors	127 000	8 000	−9 000	83 000
Unpaid Taxes	146 000	50 000	23 000	0
Dividends	0	0	0	0
Other Current Debt	345 000	302 000	178 000	0
Total Current Debt	618 000	360 000	192 000	83 000
Total Equity and Debt	1 162 000	530 000	165 000	58 000

Financial indicators	2022	2021	2020	2019
Return on Equity	127,59 %	−237,5 %	−7,41 %	186,21 %
Debt-to-Equity Ratio	17,76	−22,25	−0	−0,17
Operating Profit Margin	2,23 %	1,52 %	0,18 %	−10,67 %
Current Ratio	1,03	0,91	0,66	0,34
Quick Ratio	2,13	0,91	0,66	0,34
Equity Ratio	0,02	−0,02	−0,16	−0,5
Gross Profit Margin	69,24 %	56,03 %	30,93 %	13,83 %