MIDT-FINNMARK MOTOR AS

9700 LAKSELV

Finances

Return on Equity

4,57 %

Current Ratio

1,41

Debt-to-Equity Ratio

0,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 323 000	18 407 000	19 888 000	17 870 000
Net Income	78 000	294 000	468 000	124 000
Total Assets	9 041 000	8 578 000	8 148 000	8 171 000
Total Equity	1 708 000	1 664 000	1 369 000	939 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 323 000	18 407 000	19 888 000	17 870 000
Expenditure	21 135 000	17 951 000	19 190 000	17 606 000
Operating Profit	189 000	455 000	698 000	265 000
Financial Income	2 000	1 000	1 000	11 000
Financial Costs	87 000	71 000	93 000	116 000
Financial Balance	−85 000	−70 000	−92 000	−105 000
Earnings Before Tax	104 000	386 000	606 000	159 000
Tax	26 000	91 000	138 000	35 000
Net Income	78 000	294 000	468 000	124 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	734 000	506 000	840 000	688 000
Total Current Assets	8 307 000	8 072 000	7 308 000	7 483 000
Total Assets	9 041 000	8 578 000	8 148 000	8 171 000
Total Retained Equity	910 000	866 000	571 000	141 000
Total Equity	1 708 000	1 664 000	1 369 000	939 000
Total Long-Term Debt	1 449 000	931 000	1 264 000	1 255 000
Total Current Debt	5 884 000	5 983 000	5 515 000	5 977 000
Total Equity and Debt	9 041 000	8 578 000	8 148 000	8 171 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 299 000	18 262 000	19 665 000	17 672 000
Other Income	24 000	145 000	224 000	198 000
Revenue	21 323 000	18 407 000	19 888 000	17 870 000
Cost of Goods Sold	16 662 000	13 899 000	15 144 000	13 686 000
Salary Costs	2 515 000	2 235 000	2 036 000	2 149 000
Depreciation	157 000	158 000	208 000	148 000
Impairment	0	0	0	0
Expenditure	21 135 000	17 951 000	19 190 000	17 606 000
Operating Profit	189 000	455 000	698 000	265 000
Financial Income	2 000	1 000	1 000	11 000
Financial Costs	87 000	71 000	93 000	116 000
Financial Balance	−85 000	−70 000	−92 000	−105 000
Dividends	0	0	0	0
Net Income	78 000	294 000	468 000	124 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	34 000	55 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	695 000	446 000	836 000	685 000
Total Tangible Assets	695 000	446 000	836 000	685 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	3 000
Total Fixed Assets	734 000	506 000	840 000	688 000
Stock	8 125 000	6 524 000	6 499 000	6 224 000
Total Investments	0	0	0	0
Cash, Bank	135 000	146 000	384 000	882 000
Total Current Assets	8 307 000	8 072 000	7 308 000	7 483 000
Total Assets	9 041 000	8 578 000	8 148 000	8 171 000
Total Equity	1 708 000	1 664 000	1 369 000	939 000
Short-Term Group Debt	846 000	825 000	590 000	563 000
Total Long-Term Debt	1 449 000	931 000	1 264 000	1 255 000
Creditors	4 449 000	3 571 000	4 407 000	4 940 000
Unpaid Taxes	89 000	101 000	94 000	93 000
Dividends	0	0	0	0
Other Current Debt	279 000	858 000	294 000	378 000
Total Current Debt	5 884 000	5 983 000	5 515 000	5 977 000
Total Equity and Debt	9 041 000	8 578 000	8 148 000	8 171 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,57 %	17,67 %	34,19 %	13,21 %
Debt-to-Equity Ratio	0,85	0,56	0,92	1,34
Operating Profit Margin	0,89 %	2,47 %	3,51 %	1,48 %
Current Ratio	1,41	1,35	1,33	1,25
Quick Ratio	−3,71	−14,92	−7,43	−30,3
Equity Ratio	0,19	0,19	0,17	0,11
Gross Profit Margin	21,86 %	24,49 %	23,85 %	23,41 %