MIDT-NORSK FRITID AS

7715 STEINKJER

Finances

Return on Equity

1,57 %

Current Ratio

3,25

Debt-to-Equity Ratio

0,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 083 000	8 202 000	7 929 000	16 253 000
Net Income	20 000	30 000	−287 000	1 087 000
Total Assets	3 503 000	3 241 000	3 471 000	6 294 000
Total Equity	1 274 000	1 254 000	1 225 000	1 511 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 083 000	8 202 000	7 929 000	16 253 000
Expenditure	8 975 000	8 084 000	8 249 000	14 832 000
Operating Profit	109 000	118 000	−319 000	1 422 000
Financial Income	0	1 000	0	0
Financial Costs	84 000	81 000	48 000	28 000
Financial Balance	−84 000	−80 000	−48 000	−28 000
Earnings Before Tax	26 000	38 000	−367 000	1 394 000
Tax	6 000	8 000	−80 000	307 000
Net Income	20 000	30 000	−287 000	1 087 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	158 000	163 000	163 000	206 000
Total Current Assets	3 344 000	3 077 000	3 308 000	6 088 000
Total Assets	3 503 000	3 241 000	3 471 000	6 294 000
Total Retained Equity	1 174 000	1 154 000	1 125 000	1 411 000
Total Equity	1 274 000	1 254 000	1 225 000	1 511 000
Total Long-Term Debt	1 200 000	1 200 000	1 200 000	0
Total Current Debt	1 029 000	787 000	1 046 000	4 783 000
Total Equity and Debt	3 503 000	3 241 000	3 471 000	6 294 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 060 000	8 201 000	7 894 000	16 253 000
Other Income	23 000	1 000	35 000	0
Revenue	9 083 000	8 202 000	7 929 000	16 253 000
Cost of Goods Sold	8 311 000	7 523 000	7 372 000	13 564 000
Salary Costs	38 000	77 000	278 000	268 000
Depreciation	3 000	55 000	55 000	55 000
Impairment	0	0	0	0
Expenditure	8 975 000	8 084 000	8 249 000	14 832 000
Operating Profit	109 000	118 000	−319 000	1 422 000
Financial Income	0	1 000	0	0
Financial Costs	84 000	81 000	48 000	28 000
Financial Balance	−84 000	−80 000	−48 000	−28 000
Dividends	0	0	0	800 000
Net Income	20 000	30 000	−287 000	1 087 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	83 000	70 000	15 000	3 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	3 000	19 000	34 000
Fixtures	0	16 000	55 000	94 000
Total Tangible Assets	0	19 000	74 000	128 000
Total Fiancial Fixed Assets	75 000	75 000	75 000	75 000
Total Fixed Assets	158 000	163 000	163 000	206 000
Stock	2 900 000	2 142 000	2 545 000	5 232 000
Total Investments	0	0	0	0
Cash, Bank	0	0	54 000	14 000
Total Current Assets	3 344 000	3 077 000	3 308 000	6 088 000
Total Assets	3 503 000	3 241 000	3 471 000	6 294 000
Total Equity	1 274 000	1 254 000	1 225 000	1 511 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 200 000	1 200 000	1 200 000	0
Creditors	17 000	225 000	802 000	3 045 000
Unpaid Taxes	0	5 000	18 000	24 000
Dividends	0	0	0	800 000
Other Current Debt	992 000	7 000	227 000	47 000
Total Current Debt	1 029 000	787 000	1 046 000	4 783 000
Total Equity and Debt	3 503 000	3 241 000	3 471 000	6 294 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,57 %	2,39 %	−23,43 %	71,94 %
Debt-to-Equity Ratio	0,94	0,96	0,98	0
Operating Profit Margin	1,2 %	1,44 %	−4,02 %	8,75 %
Current Ratio	3,25	3,91	3,16	1,27
Quick Ratio	−1,79	−2,27	−2,21	−13,56
Equity Ratio	0,36	0,39	0,35	0,24
Gross Profit Margin	8,5 %	8,28 %	7,02 %	16,54 %