MIDT-NORSK FÔR SA

7340 OPPDAL

Finances

Return on Equity

−151,45 %

Current Ratio

0,89

Debt-to-Equity Ratio

Key figures (NOK)	2021	2019	2018	2017
Revenue	1 852 000	27 893 000	29 799 000	35 168 000
Net Income	−8 030 000	−6 561 000	−8 034 000	−4 135 000
Total Assets	8 563 000	20 518 000	27 015 000	38 267 000
Total Equity	5 302 000	17 305 000	23 866 000	31 900 000

Income (NOK)	2021	2019	2018	2017
Revenue	1 852 000	27 893 000	29 799 000	35 168 000
Expenditure	9 611 000	33 937 000	37 984 000	39 594 000
Operating Profit	−7 759 000	−6 044 000	−8 184 000	−4 426 000
Financial Income	74 000	184 000	261 000	406 000
Financial Costs	309 000	644 000	45 000	58 000
Financial Balance	−235 000	−460 000	216 000	348 000
Earnings Before Tax	−7 994 000	−6 504 000	−7 969 000	−4 078 000
Tax	36 000	57 000	66 000	56 000
Net Income	−8 030 000	−6 561 000	−8 034 000	−4 135 000

Balance (NOK)	2021	2019	2018	2017
Total Fixed Assets	5 675 000	7 162 000	8 192 000	10 342 000
Total Current Assets	2 887 000	13 356 000	18 823 000	27 925 000
Total Assets	8 563 000	20 518 000	27 015 000	38 267 000
Total Retained Equity	−969 000	11 034 000	17 595 000	25 629 000
Total Equity	5 302 000	17 305 000	23 866 000	31 900 000
Total Long-Term Debt	0	0	0	447 000
Total Current Debt	3 260 000	3 213 000	3 150 000	5 920 000
Total Equity and Debt	8 563 000	20 518 000	27 015 000	38 267 000

Cash flow (NOK)	2021	2019	2018	2017
Sales Income	580 000	27 883 000	29 403 000	34 874 000
Other Income	1 272 000	9 000	396 000	294 000
Revenue	1 852 000	27 893 000	29 799 000	35 168 000
Cost of Goods Sold	2 679 000	16 855 000	19 787 000	19 112 000
Salary Costs	2 897 000	5 675 000	5 752 000	7 044 000
Depreciation	562 000	1 051 000	1 576 000	1 803 000
Impairment	0	0	0	0
Expenditure	9 611 000	33 937 000	37 984 000	39 594 000
Operating Profit	−7 759 000	−6 044 000	−8 184 000	−4 426 000
Financial Income	74 000	184 000	261 000	406 000
Financial Costs	309 000	644 000	45 000	58 000
Financial Balance	−235 000	−460 000	216 000	348 000
Dividends	0	0	0	0
Net Income	−8 030 000	−6 561 000	−8 034 000	−4 135 000

Balance details (NOK)	2021	2019	2018	2017
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 289 000	6 019 000	6 527 000	7 317 000
Machinery and Plant Facilities	0	207 000	426 000	753 000
Fixtures	386 000	559 000	268 000	889 000
Total Tangible Assets	5 675 000	6 785 000	7 221 000	8 959 000
Total Fiancial Fixed Assets	0	378 000	972 000	1 382 000
Total Fixed Assets	5 675 000	7 162 000	8 192 000	10 342 000
Stock	383 000	6 942 000	6 524 000	5 824 000
Total Investments	0	0	0	0
Cash, Bank	664 000	4 174 000	8 548 000	15 508 000
Total Current Assets	2 887 000	13 356 000	18 823 000	27 925 000
Total Assets	8 563 000	20 518 000	27 015 000	38 267 000
Total Equity	5 302 000	17 305 000	23 866 000	31 900 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	447 000
Creditors	103 000	1 402 000	1 843 000	3 332 000
Unpaid Taxes	254 000	1 032 000	654 000	747 000
Dividends	0	0	0	0
Other Current Debt	344 000	723 000	587 000	1 785 000
Total Current Debt	3 260 000	3 213 000	3 150 000	5 920 000
Total Equity and Debt	8 563 000	20 518 000	27 015 000	38 267 000

Financial indicators	2021	2019	2018	2017
Return on Equity	−151,45 %	−37,91 %	−33,66 %	−12,96 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	−418,95 %	−21,67 %	−27,46 %	−12,59 %
Current Ratio	0,89	4,16	5,98	4,72
Quick Ratio	1	−3,58	−5,58	290,89
Equity Ratio	0,62	0,84	0,88	0,83
Gross Profit Margin	−44,65 %	39,57 %	33,6 %	45,66 %