MIDTSKOGEN MASKIN AS

2406 ELVERUM

Finances

Share Ownership

Return on Equity

11,83 %

Current Ratio

3,64

Debt-to-Equity Ratio

0,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 852 000	10 285 000	8 949 000	7 750 000
Net Income	325 000	1 027 000	16 000	−260 000
Total Assets	6 060 000	5 685 000	4 769 000	5 164 000
Total Equity	2 748 000	2 423 000	1 444 000	1 427 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 852 000	10 285 000	8 949 000	7 750 000
Expenditure	6 438 000	8 967 000	8 918 000	8 058 000
Operating Profit	414 000	1 318 000	31 000	−308 000
Financial Income	4 000	2 000	8 000	6 000
Financial Costs	1 000	5 000	18 000	31 000
Financial Balance	3 000	−3 000	−10 000	−25 000
Earnings Before Tax	417 000	1 316 000	21 000	−333 000
Tax	92 000	290 000	5 000	−73 000
Net Income	325 000	1 027 000	16 000	−260 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 085 000	1 397 000	1 963 000	2 391 000
Total Current Assets	4 975 000	4 288 000	2 806 000	2 774 000
Total Assets	6 060 000	5 685 000	4 769 000	5 164 000
Total Retained Equity	2 648 000	2 323 000	1 344 000	1 327 000
Total Equity	2 748 000	2 423 000	1 444 000	1 427 000
Total Long-Term Debt	1 945 000	2 030 000	2 239 000	2 521 000
Total Current Debt	1 367 000	1 232 000	1 087 000	1 216 000
Total Equity and Debt	6 060 000	5 685 000	4 769 000	5 164 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 851 000	10 283 000	8 935 000	7 373 000
Other Income	1 000	2 000	15 000	377 000
Revenue	6 852 000	10 285 000	8 949 000	7 750 000
Cost of Goods Sold	3 138 000	4 895 000	3 888 000	2 961 000
Salary Costs	1 154 000	1 343 000	1 563 000	2 247 000
Depreciation	406 000	521 000	576 000	710 000
Impairment	0	0	0	0
Expenditure	6 438 000	8 967 000	8 918 000	8 058 000
Operating Profit	414 000	1 318 000	31 000	−308 000
Financial Income	4 000	2 000	8 000	6 000
Financial Costs	1 000	5 000	18 000	31 000
Financial Balance	3 000	−3 000	−10 000	−25 000
Dividends	0	0	0	0
Net Income	325 000	1 027 000	16 000	−260 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	8 000	18 000
Total Intangible Assets	74 000	63 000	112 000	127 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	853 000	877 000	1 039 000	1 068 000
Fixtures	147 000	267 000	403 000	541 000
Total Tangible Assets	1 000 000	1 144 000	1 442 000	1 609 000
Total Fiancial Fixed Assets	10 000	189 000	409 000	655 000
Total Fixed Assets	1 085 000	1 397 000	1 963 000	2 391 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 130 000	1 374 000	1 202 000	695 000
Total Current Assets	4 975 000	4 288 000	2 806 000	2 774 000
Total Assets	6 060 000	5 685 000	4 769 000	5 164 000
Total Equity	2 748 000	2 423 000	1 444 000	1 427 000
Short-Term Group Debt	45 000	52 000	17 000	27 000
Total Long-Term Debt	1 945 000	2 030 000	2 239 000	2 521 000
Creditors	580 000	318 000	298 000	282 000
Unpaid Taxes	537 000	460 000	555 000	701 000
Dividends	0	0	0	0
Other Current Debt	103 000	166 000	216 000	206 000
Total Current Debt	1 367 000	1 232 000	1 087 000	1 216 000
Total Equity and Debt	6 060 000	5 685 000	4 769 000	5 164 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,83 %	42,39 %	1,11 %	−18,22 %
Debt-to-Equity Ratio	0,71	0,84	1,55	1,77
Operating Profit Margin	6,04 %	12,81 %	0,35 %	−3,97 %
Current Ratio	3,64	3,48	2,58	2,28
Quick Ratio	3,64	3,48	2,58	2,28
Equity Ratio	0,45	0,43	0,3	0,28
Gross Profit Margin	54,2 %	52,41 %	56,55 %	61,79 %