MIDTUN BILVERKSTED AS

5225 NESTTUN

Finances

Share Ownership

Return on Equity

32,04 %

Current Ratio

1,38

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 029 000	4 996 000	4 440 000	4 372 000
Net Income	173 000	136 000	100 000	160 000
Total Assets	1 334 000	955 000	1 090 000	982 000
Total Equity	540 000	366 000	230 000	130 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 029 000	4 996 000	4 440 000	4 372 000
Expenditure	4 805 000	4 849 000	4 305 000	4 181 000
Operating Profit	224 000	147 000	136 000	192 000
Financial Income	0	3 000	0	0
Financial Costs	1 000	0	1 000	0
Financial Balance	−1 000	3 000	−1 000	0
Earnings Before Tax	223 000	150 000	135 000	193 000
Tax	50 000	14 000	35 000	33 000
Net Income	173 000	136 000	100 000	160 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	236 000	311 000	104 000	120 000
Total Current Assets	1 098 000	644 000	986 000	862 000
Total Assets	1 334 000	955 000	1 090 000	982 000
Total Retained Equity	409 000	236 000	100 000	0
Total Equity	540 000	366 000	230 000	130 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	794 000	588 000	860 000	851 000
Total Equity and Debt	1 334 000	955 000	1 090 000	982 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 888 000	4 996 000	4 440 000	4 372 000
Other Income	141 000	0	0	0
Revenue	5 029 000	4 996 000	4 440 000	4 372 000
Cost of Goods Sold	1 658 000	1 858 000	1 622 000	1 514 000
Salary Costs	1 958 000	1 790 000	1 383 000	1 524 000
Depreciation	75 000	64 000	50 000	35 000
Impairment	0	0	0	0
Expenditure	4 805 000	4 849 000	4 305 000	4 181 000
Operating Profit	224 000	147 000	136 000	192 000
Financial Income	0	3 000	0	0
Financial Costs	1 000	0	1 000	0
Financial Balance	−1 000	3 000	−1 000	0
Dividends	0	0	0	0
Net Income	173 000	136 000	100 000	160 000

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	236 000	311 000	104 000	47 000
Total Tangible Assets	236 000	311 000	104 000	47 000
Total Fiancial Fixed Assets	0	0	0	73 000
Total Fixed Assets	236 000	311 000	104 000	120 000
Stock	16 000	13 000	15 000	16 000
Total Investments	0	0	0	0
Cash, Bank	743 000	398 000	576 000	488 000
Total Current Assets	1 098 000	644 000	986 000	862 000
Total Assets	1 334 000	955 000	1 090 000	982 000
Total Equity	540 000	366 000	230 000	130 000
Short-Term Group Debt	0	0	0	16 000
Total Long-Term Debt	0	0	0	0
Creditors	188 000	236 000	433 000	402 000
Unpaid Taxes	265 000	210 000	232 000	202 000
Dividends	0	0	0	0
Other Current Debt	291 000	128 000	159 000	165 000
Total Current Debt	794 000	588 000	860 000	851 000
Total Equity and Debt	1 334 000	955 000	1 090 000	982 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,04 %	37,16 %	43,48 %	123,08 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,45 %	2,94 %	3,06 %	4,39 %
Current Ratio	1,38	1,1	1,15	1,01
Quick Ratio	1,41	1,12	1,17	1,03
Equity Ratio	0,4	0,38	0,21	0,13
Gross Profit Margin	67,03 %	62,81 %	63,47 %	65,37 %