MIDTEGGEN VELFORENING

7078 SAUPSTAD

Finances

Share Ownership

Return on Equity

26,88 %

Current Ratio

12,63

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	96 000	88 000	84 000	79 000
Net Income	25 000	8 000	4 000	8 000
Total Assets	101 000	96 000	89 000	80 000
Total Equity	93 000	68 000	61 000	57 000

Income (NOK)	2021	2020	2019	2018
Revenue	96 000	88 000	84 000	79 000
Expenditure	72 000	82 000	80 000	71 000
Operating Profit	24 000	7 000	3 000	8 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	0	1 000	1 000	1 000
Earnings Before Tax	25 000	8 000	4 000	8 000
Tax	0	0	0	0
Net Income	25 000	8 000	4 000	8 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	0	0	0
Total Current Assets	101 000	96 000	89 000	80 000
Total Assets	101 000	96 000	89 000	80 000
Total Retained Equity	93 000	68 000	61 000	57 000
Total Equity	93 000	68 000	61 000	57 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	8 000	27 000	29 000	24 000
Total Equity and Debt	101 000	96 000	89 000	80 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	0	0
Other Income	96 000	88 000	84 000	79 000
Revenue	96 000	88 000	84 000	79 000
Cost of Goods Sold	0	0	0	0
Salary Costs	6 000	6 000	6 000	5 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	72 000	82 000	80 000	71 000
Operating Profit	24 000	7 000	3 000	8 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	0	1 000	1 000	1 000
Dividends	0	0	0	0
Net Income	25 000	8 000	4 000	8 000

Balance details (NOK)	2021	2020	2019	2018
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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	99 000	94 000	88 000	80 000
Total Current Assets	101 000	96 000	89 000	80 000
Total Assets	101 000	96 000	89 000	80 000
Total Equity	93 000	68 000	61 000	57 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	1 000	1 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	8 000	26 000	28 000	22 000
Total Current Debt	8 000	27 000	29 000	24 000
Total Equity and Debt	101 000	96 000	89 000	80 000

Financial indicators	2021	2020	2019	2018
Return on Equity	26,88 %	11,76 %	6,56 %	14,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	25 %	7,95 %	3,57 %	10,13 %
Current Ratio	12,63	3,56	3,07	3,33
Quick Ratio	12,63	3,56	3,07	3,33
Equity Ratio	0,92	0,71	0,69	0,71
Gross Profit Margin	100 %	100 %	100 %	100 %