MIDAS INVEST AS

0272 OSLO

Finances

Return on Equity

37,62 %

Current Ratio

1,53

Debt-to-Equity Ratio

1,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	950 000	0	0	1 017 000
Net Income	541 000	−508 000	−810 000	754 000
Total Assets	3 756 000	918 000	1 406 000	2 481 000
Total Equity	1 438 000	897 000	1 405 000	2 215 000

Income (NOK)	2022	2021	2020	2019
Revenue	950 000	0	0	1 017 000
Expenditure	17 000	14 000	56 000	67 000
Operating Profit	933 000	−14 000	−56 000	950 000
Financial Income	46 000	68 000	7 000	16 000
Financial Costs	256 000	562 000	761 000	0
Financial Balance	−210 000	−494 000	−754 000	16 000
Earnings Before Tax	723 000	−508 000	−810 000	966 000
Tax	182 000	0	0	213 000
Net Income	541 000	−508 000	−810 000	754 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 100 000	845 000	1 314 000	2 197 000
Total Current Assets	655 000	73 000	92 000	285 000
Total Assets	3 756 000	918 000	1 406 000	2 481 000
Total Retained Equity	1 408 000	867 000	1 375 000	2 185 000
Total Equity	1 438 000	897 000	1 405 000	2 215 000
Total Long-Term Debt	1 889 000	0	0	0
Total Current Debt	429 000	21 000	1 000	267 000
Total Equity and Debt	3 756 000	918 000	1 406 000	2 481 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	950 000	0	0	1 017 000
Other Income	0	0	0	0
Revenue	950 000	0	0	1 017 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	17 000	14 000	56 000	67 000
Operating Profit	933 000	−14 000	−56 000	950 000
Financial Income	46 000	68 000	7 000	16 000
Financial Costs	256 000	562 000	761 000	0
Financial Balance	−210 000	−494 000	−754 000	16 000
Dividends	0	0	0	0
Net Income	541 000	−508 000	−810 000	754 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	3 100 000	845 000	1 314 000	2 197 000
Total Fixed Assets	3 100 000	845 000	1 314 000	2 197 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	655 000	70 000	46 000	284 000
Total Current Assets	655 000	73 000	92 000	285 000
Total Assets	3 756 000	918 000	1 406 000	2 481 000
Total Equity	1 438 000	897 000	1 405 000	2 215 000
Short-Term Group Debt	11 000	20 000	0	0
Total Long-Term Debt	1 889 000	0	0	0
Creditors	2 000	1 000	1 000	4 000
Unpaid Taxes	234 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	50 000
Total Current Debt	429 000	21 000	1 000	267 000
Total Equity and Debt	3 756 000	918 000	1 406 000	2 481 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,62 %	−56,63 %	−57,65 %	34,04 %
Debt-to-Equity Ratio	1,31	0	0	0
Operating Profit Margin	98,21 %	-	-	93,41 %
Current Ratio	1,53	3,48	92	1,07
Quick Ratio	1,53	3,48	92	1,07
Equity Ratio	0,38	0,98	1	0,89
Gross Profit Margin	100 %	-	-	100 %