MIDTTØMME EIENDOM AS

7236 HOVIN I GAULDAL

Finances

Return on Equity

−39,18 %

Current Ratio

2,13

Debt-to-Equity Ratio

13,78

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 973 000	1 964 000	1 874 000	1 874 000
Net Income	−125 000	13 000	−22 000	83 000
Total Assets	6 507 000	5 942 000	5 461 000	4 896 000
Total Equity	319 000	445 000	431 000	453 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 973 000	1 964 000	1 874 000	1 874 000
Expenditure	1 947 000	1 741 000	1 683 000	1 583 000
Operating Profit	25 000	222 000	192 000	291 000
Financial Income	0	0	0	0
Financial Costs	186 000	205 000	220 000	174 000
Financial Balance	−186 000	−205 000	−220 000	−174 000
Earnings Before Tax	−161 000	17 000	−28 000	117 000
Tax	−35 000	4 000	−6 000	34 000
Net Income	−125 000	13 000	−22 000	83 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	2 692 000	2 851 000	3 040 000	2 975 000
Total Current Assets	3 815 000	3 091 000	2 421 000	1 921 000
Total Assets	6 507 000	5 942 000	5 461 000	4 896 000
Total Retained Equity	−61 000	64 000	51 000	73 000
Total Equity	319 000	445 000	431 000	453 000
Total Long-Term Debt	4 396 000	4 596 000	4 596 000	4 097 000
Total Current Debt	1 791 000	901 000	433 000	346 000
Total Equity and Debt	6 507 000	5 942 000	5 461 000	4 896 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	0	1 874 000
Other Income	1 973 000	1 964 000	1 874 000	0
Revenue	1 973 000	1 964 000	1 874 000	1 874 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 030 000	996 000	972 000	955 000
Depreciation	278 000	266 000	270 000	256 000
Impairment	0	0	0	0
Expenditure	1 947 000	1 741 000	1 683 000	1 583 000
Operating Profit	25 000	222 000	192 000	291 000
Financial Income	0	0	0	0
Financial Costs	186 000	205 000	220 000	174 000
Financial Balance	−186 000	−205 000	−220 000	−174 000
Dividends	0	0	0	0
Net Income	−125 000	13 000	−22 000	83 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	179 000	144 000	124 000	103 000
Real Eastate	2 476 000	2 651 000	2 915 000	2 872 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	37 000	56 000	0	0
Total Tangible Assets	2 513 000	2 707 000	2 915 000	2 872 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 692 000	2 851 000	3 040 000	2 975 000
Stock	43 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	496 000	74 000	49 000	76 000
Total Current Assets	3 815 000	3 091 000	2 421 000	1 921 000
Total Assets	6 507 000	5 942 000	5 461 000	4 896 000
Total Equity	319 000	445 000	431 000	453 000
Short-Term Group Debt	1 010 000	544 000	165 000	165 000
Total Long-Term Debt	4 396 000	4 596 000	4 596 000	4 097 000
Creditors	75 000	121 000	52 000	22 000
Unpaid Taxes	103 000	128 000	117 000	64 000
Dividends	0	0	0	0
Other Current Debt	604 000	86 000	83 000	81 000
Total Current Debt	1 791 000	901 000	433 000	346 000
Total Equity and Debt	6 507 000	5 942 000	5 461 000	4 896 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−39,18 %	2,92 %	−5,1 %	18,32 %
Debt-to-Equity Ratio	13,78	10,33	10,66	9,04
Operating Profit Margin	1,27 %	11,3 %	10,25 %	15,53 %
Current Ratio	2,13	3,43	5,59	5,55
Quick Ratio	2,18	3,43	5,59	5,55
Equity Ratio	0,05	0,07	0,08	0,09
Gross Profit Margin	100 %	100 %	100 %	100 %