MIDGARD GAMES AS

3041 DRAMMEN

Finances

Share Ownership

Return on Equity

−26,58 %

Current Ratio

9,2

Debt-to-Equity Ratio

18,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 787 000	1 453 000	1 201 000	679 000
Net Income	−21 000	44 000	17 000	5 000
Total Assets	1 678 000	1 263 000	1 278 000	840 000
Total Equity	79 000	100 000	56 000	38 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 787 000	1 453 000	1 201 000	679 000
Expenditure	1 808 000	1 395 000	1 179 000	672 000
Operating Profit	−21 000	57 000	22 000	6 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−21 000	57 000	22 000	6 000
Tax	0	13 000	5 000	1 000
Net Income	−21 000	44 000	17 000	5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	79 000	0	0	0
Total Current Assets	1 600 000	1 263 000	1 278 000	840 000
Total Assets	1 678 000	1 263 000	1 278 000	840 000
Total Retained Equity	6 000	27 000	−18 000	−35 000
Total Equity	79 000	100 000	56 000	38 000
Total Long-Term Debt	1 426 000	1 079 000	1 034 000	787 000
Total Current Debt	174 000	85 000	188 000	15 000
Total Equity and Debt	1 678 000	1 263 000	1 278 000	840 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 787 000	1 453 000	1 201 000	679 000
Other Income	0	0	0	0
Revenue	1 787 000	1 453 000	1 201 000	679 000
Cost of Goods Sold	1 250 000	1 118 000	934 000	522 000
Salary Costs	40 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 808 000	1 395 000	1 179 000	672 000
Operating Profit	−21 000	57 000	22 000	6 000
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	−21 000	44 000	17 000	5 000

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	79 000	0	0	0
Total Fixed Assets	79 000	0	0	0
Stock	1 354 000	1 036 000	1 184 000	731 000
Total Investments	0	0	0	0
Cash, Bank	228 000	227 000	93 000	74 000
Total Current Assets	1 600 000	1 263 000	1 278 000	840 000
Total Assets	1 678 000	1 263 000	1 278 000	840 000
Total Equity	79 000	100 000	56 000	38 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 426 000	1 079 000	1 034 000	787 000
Creditors	78 000	0	113 000	0
Unpaid Taxes	96 000	84 000	86 000	31 000
Dividends	0	0	0	0
Other Current Debt	3 000	0	0	0
Total Current Debt	174 000	85 000	188 000	15 000
Total Equity and Debt	1 678 000	1 263 000	1 278 000	840 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−26,58 %	44 %	30,36 %	13,16 %
Debt-to-Equity Ratio	18,05	10,79	18,46	20,71
Operating Profit Margin	−1,18 %	3,92 %	1,83 %	0,88 %
Current Ratio	9,2	14,86	6,8	56
Quick Ratio	−1,36	−1,33	−1,28	−1,17
Equity Ratio	0,05	0,08	0,04	0,05
Gross Profit Margin	30,05 %	23,06 %	22,23 %	23,12 %