MIDT-NORSK MASKIN AS

7715 STEINKJER

Finances

Share Ownership

Return on Equity

305,59 %

Current Ratio

0,64

Debt-to-Equity Ratio

−0,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 621 000	9 623 000	4 920 000	1 660 000
Net Income	−1 039 000	655 000	−8 000	113 000
Total Assets	3 001 000	2 056 000	735 000	847 000
Total Equity	−340 000	799 000	242 000	240 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 621 000	9 623 000	4 920 000	1 660 000
Expenditure	12 557 000	8 710 000	4 860 000	1 486 000
Operating Profit	−936 000	913 000	59 000	173 000
Financial Income	16 000	9 000	0	0
Financial Costs	182 000	82 000	69 000	28 000
Financial Balance	−166 000	−73 000	−69 000	−28 000
Earnings Before Tax	−1 103 000	840 000	−10 000	145 000
Tax	−64 000	186 000	−2 000	32 000
Net Income	−1 039 000	655 000	−8 000	113 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 024 000	791 000	647 000	141 000
Total Current Assets	1 978 000	1 265 000	88 000	706 000
Total Assets	3 001 000	2 056 000	735 000	847 000
Total Retained Equity	−390 000	749 000	192 000	200 000
Total Equity	−340 000	799 000	242 000	240 000
Total Long-Term Debt	243 000	329 000	410 000	493 000
Total Current Debt	3 098 000	928 000	84 000	114 000
Total Equity and Debt	3 001 000	2 056 000	735 000	847 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 576 000	9 593 000	4 900 000	1 632 000
Other Income	45 000	30 000	19 000	28 000
Revenue	11 621 000	9 623 000	4 920 000	1 660 000
Cost of Goods Sold	9 513 000	7 386 000	4 088 000	1 174 000
Salary Costs	652 000	136 000	10 000	0
Depreciation	247 000	196 000	117 000	46 000
Impairment	0	0	0	0
Expenditure	12 557 000	8 710 000	4 860 000	1 486 000
Operating Profit	−936 000	913 000	59 000	173 000
Financial Income	16 000	9 000	0	0
Financial Costs	182 000	82 000	69 000	28 000
Financial Balance	−166 000	−73 000	−69 000	−28 000
Dividends	100 000	97 000	0	0
Net Income	−1 039 000	655 000	−8 000	113 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	61 000	0	10 000	7 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	781 000	728 000	526 000	21 000
Fixtures	181 000	64 000	112 000	113 000
Total Tangible Assets	962 000	791 000	638 000	134 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 024 000	791 000	647 000	141 000
Stock	1 592 000	1 538 000	673 000	475 000
Total Investments	0	0	0	0
Cash, Bank	5 000	−688 000	−688 000	201 000
Total Current Assets	1 978 000	1 265 000	88 000	706 000
Total Assets	3 001 000	2 056 000	735 000	847 000
Total Equity	−340 000	799 000	242 000	240 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	243 000	329 000	410 000	493 000
Creditors	890 000	561 000	54 000	55 000
Unpaid Taxes	125 000	96 000	28 000	−53 000
Dividends	100 000	97 000	0	0
Other Current Debt	68 000	0	1 000	71 000
Total Current Debt	3 098 000	928 000	84 000	114 000
Total Equity and Debt	3 001 000	2 056 000	735 000	847 000

Financial indicators	2022	2021	2020	2019
Return on Equity	305,59 %	81,98 %	−3,31 %	47,08 %
Debt-to-Equity Ratio	−0,71	0,41	1,69	2,05
Operating Profit Margin	−8,05 %	9,49 %	1,2 %	10,42 %
Current Ratio	0,64	1,36	1,05	6,19
Quick Ratio	1,31	−2,07	−0,15	−1,96
Equity Ratio	−0,11	0,39	0,33	0,28
Gross Profit Margin	18,14 %	23,25 %	16,91 %	29,28 %