MIDGARD EIENDOM INVEST AS

3181 HORTEN

Finances

Share Ownership

Return on Equity

1 500 %

Current Ratio

0,09

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	72 000	442 000	171 000	0
Net Income	−30 000	−88 000	103 000	−4 000
Total Assets	115 000	489 000	590 000	28 000
Total Equity	−2 000	28 000	115 000	13 000

Income (NOK)	2022	2021	2020	2019
Revenue	72 000	442 000	171 000	0
Expenditure	110 000	554 000	47 000	4 000
Operating Profit	−38 000	−112 000	124 000	−4 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−38 000	−112 000	124 000	−4 000
Tax	−8 000	−25 000	22 000	0
Net Income	−30 000	−88 000	103 000	−4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	104 000	116 000	119 000	0
Total Current Assets	11 000	373 000	471 000	28 000
Total Assets	115 000	489 000	590 000	28 000
Total Retained Equity	−32 000	−2 000	85 000	−17 000
Total Equity	−2 000	28 000	115 000	13 000
Total Long-Term Debt	0	0	7 000	0
Total Current Debt	117 000	461 000	468 000	15 000
Total Equity and Debt	115 000	489 000	590 000	28 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	72 000	442 000	171 000	0
Other Income	0	0	0	0
Revenue	72 000	442 000	171 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	69 000	462 000	0	0
Depreciation	21 000	21 000	9 000	0
Impairment	0	0	0	0
Expenditure	110 000	554 000	47 000	4 000
Operating Profit	−38 000	−112 000	124 000	−4 000
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	−30 000	−88 000	103 000	−4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	27 000	18 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	77 000	98 000	119 000	0
Fixtures	0	0	0	0
Total Tangible Assets	77 000	98 000	119 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	104 000	116 000	119 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	25 000	5 000	0
Total Current Assets	11 000	373 000	471 000	28 000
Total Assets	115 000	489 000	590 000	28 000
Total Equity	−2 000	28 000	115 000	13 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	7 000	0
Creditors	4 000	0	0	9 000
Unpaid Taxes	107 000	416 000	453 000	0
Dividends	0	0	0	0
Other Current Debt	6 000	45 000	0	6 000
Total Current Debt	117 000	461 000	468 000	15 000
Total Equity and Debt	115 000	489 000	590 000	28 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 500 %	−314,29 %	89,57 %	−30,77 %
Debt-to-Equity Ratio	−0	0	0,06	0
Operating Profit Margin	−52,78 %	−25,34 %	72,51 %	-
Current Ratio	0,09	0,81	1,01	1,87
Quick Ratio	0,09	0,81	1,01	1,87
Equity Ratio	−0,02	0,06	0,19	0,46
Gross Profit Margin	100 %	100 %	100 %	-