MIDTTØMME ENTREPRENØR AS

7236 HOVIN I GAULDAL

Finances

Share Ownership

Return on Equity

−1,58 %

Current Ratio

0,79

Debt-to-Equity Ratio

−0

Key figures (NOK)	2021	2020	2019	2018
Revenue	26 423 000	26 130 000	22 510 000	23 781 000
Net Income	21 000	843 000	−1 816 000	834 000
Total Assets	5 628 000	7 920 000	10 934 000	12 807 000
Total Equity	−1 330 000	−1 351 000	−2 194 000	−378 000

Income (NOK)	2021	2020	2019	2018
Revenue	26 423 000	26 130 000	22 510 000	23 781 000
Expenditure	26 132 000	24 715 000	24 242 000	22 566 000
Operating Profit	290 000	1 415 000	−1 731 000	1 215 000
Financial Income	3 000	40 000	0	34 000
Financial Costs	263 000	371 000	593 000	180 000
Financial Balance	−260 000	−331 000	−593 000	−146 000
Earnings Before Tax	31 000	1 084 000	−2 324 000	1 069 000
Tax	10 000	241 000	−509 000	234 000
Net Income	21 000	843 000	−1 816 000	834 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	128 000	204 000	450 000	71 000
Total Current Assets	5 500 000	7 716 000	10 484 000	12 737 000
Total Assets	5 628 000	7 920 000	10 934 000	12 807 000
Total Retained Equity	−2 219 000	−2 240 000	−3 083 000	−1 267 000
Total Equity	−1 330 000	−1 351 000	−2 194 000	−378 000
Total Long-Term Debt	0	675 000	675 000	928 000
Total Current Debt	6 959 000	8 597 000	12 453 000	12 258 000
Total Equity and Debt	5 628 000	7 920 000	10 934 000	12 807 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	26 423 000	26 130 000	22 510 000	23 781 000
Other Income	0	0	0	0
Revenue	26 423 000	26 130 000	22 510 000	23 781 000
Cost of Goods Sold	17 846 000	16 872 000	16 633 000	16 090 000
Salary Costs	5 832 000	5 402 000	5 235 000	4 251 000
Depreciation	67 000	61 000	37 000	17 000
Impairment	0	0	0	0
Expenditure	26 132 000	24 715 000	24 242 000	22 566 000
Operating Profit	290 000	1 415 000	−1 731 000	1 215 000
Financial Income	3 000	40 000	0	34 000
Financial Costs	263 000	371 000	593 000	180 000
Financial Balance	−260 000	−331 000	−593 000	−146 000
Dividends	0	0	0	0
Net Income	21 000	843 000	−1 816 000	834 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	4 000	14 000	255 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	17 000	21 000	24 000	27 000
Fixtures	106 000	170 000	171 000	43 000
Total Tangible Assets	123 000	190 000	195 000	71 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	128 000	204 000	450 000	71 000
Stock	0	4 900 000	156 000	2 256 000
Total Investments	0	0	0	0
Cash, Bank	186 000	212 000	170 000	139 000
Total Current Assets	5 500 000	7 716 000	10 484 000	12 737 000
Total Assets	5 628 000	7 920 000	10 934 000	12 807 000
Total Equity	−1 330 000	−1 351 000	−2 194 000	−378 000
Short-Term Group Debt	4 600 000	2 087 000	2 119 000	1 472 000
Total Long-Term Debt	0	675 000	675 000	928 000
Creditors	497 000	982 000	633 000	2 584 000
Unpaid Taxes	343 000	542 000	420 000	226 000
Dividends	0	0	0	0
Other Current Debt	1 108 000	1 281 000	1 077 000	3 161 000
Total Current Debt	6 959 000	8 597 000	12 453 000	12 258 000
Total Equity and Debt	5 628 000	7 920 000	10 934 000	12 807 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−1,58 %	−62,4 %	82,77 %	−220,63 %
Debt-to-Equity Ratio	−0	−0,5	−0,31	−2,46
Operating Profit Margin	1,1 %	5,42 %	−7,69 %	5,11 %
Current Ratio	0,79	0,9	0,84	1,04
Quick Ratio	0,79	2,09	0,85	1,27
Equity Ratio	−0,24	−0,17	−0,2	−0,03
Gross Profit Margin	32,46 %	35,43 %	26,11 %	32,34 %