MIDGARDSORMEN AS

8626 MO I RANA

Finances

Share Ownership

Return on Equity

−348,65 %

Current Ratio

19,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	104 000	432 000	613 000	518 000
Net Income	−129 000	59 000	−77 000	40 000
Total Assets	39 000	171 000	155 000	231 000
Total Equity	37 000	166 000	107 000	184 000

Income (NOK)	2022	2021	2020	2019
Revenue	104 000	432 000	613 000	518 000
Expenditure	233 000	373 000	693 000	472 000
Operating Profit	−129 000	59 000	−80 000	46 000
Financial Income	0	0	6 000	5 000
Financial Costs	0	0	3 000	10 000
Financial Balance	0	0	3 000	−5 000
Earnings Before Tax	−129 000	59 000	−77 000	40 000
Tax	0	0	0	0
Net Income	−129 000	59 000	−77 000	40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	39 000	171 000	155 000	231 000
Total Assets	39 000	171 000	155 000	231 000
Total Retained Equity	−10 997 000	−10 868 000	−10 927 000	−10 850 000
Total Equity	37 000	166 000	107 000	184 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 000	5 000	48 000	47 000
Total Equity and Debt	39 000	171 000	155 000	231 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	104 000	432 000	613 000	518 000
Other Income	0	0	0	0
Revenue	104 000	432 000	613 000	518 000
Cost of Goods Sold	130 000	299 000	583 000	49 000
Salary Costs	0	2 000	2 000	193 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	233 000	373 000	693 000	472 000
Operating Profit	−129 000	59 000	−80 000	46 000
Financial Income	0	0	6 000	5 000
Financial Costs	0	0	3 000	10 000
Financial Balance	0	0	3 000	−5 000
Dividends	0	0	0	0
Net Income	−129 000	59 000	−77 000	40 000

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	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	4 000	122 000	118 000	164 000
Total Current Assets	39 000	171 000	155 000	231 000
Total Assets	39 000	171 000	155 000	231 000
Total Equity	37 000	166 000	107 000	184 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	0	0	7 000
Unpaid Taxes	0	0	3 000	3 000
Dividends	0	0	0	0
Other Current Debt	0	5 000	45 000	37 000
Total Current Debt	2 000	5 000	48 000	47 000
Total Equity and Debt	39 000	171 000	155 000	231 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−348,65 %	35,54 %	−71,96 %	21,74 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−124,04 %	13,66 %	−13,05 %	8,88 %
Current Ratio	19,5	34,2	3,23	4,91
Quick Ratio	19,5	34,2	3,23	4,91
Equity Ratio	0,95	0,97	0,69	0,8
Gross Profit Margin	−25 %	30,79 %	4,89 %	90,54 %