MIDT-NORSK VASK AS

7079 FLATÅSEN

Finances

Share Ownership

Return on Equity

25,24 %

Current Ratio

0,3

Debt-to-Equity Ratio

3,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 451 000	2 091 000	1 680 000	1 362 000
Net Income	80 000	−73 000	59 000	145 000
Total Assets	2 434 000	907 000	610 000	445 000
Total Equity	317 000	237 000	309 000	250 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 451 000	2 091 000	1 680 000	1 362 000
Expenditure	3 268 000	2 077 000	1 371 000	1 177 000
Operating Profit	182 000	13 000	308 000	186 000
Financial Income	255 000	0	0	0
Financial Costs	324 000	85 000	181 000	0
Financial Balance	−69 000	−85 000	−181 000	0
Earnings Before Tax	113 000	−72 000	127 000	186 000
Tax	33 000	0	68 000	41 000
Net Income	80 000	−73 000	59 000	145 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 172 000	735 000	16 000	22 000
Total Current Assets	262 000	172 000	594 000	423 000
Total Assets	2 434 000	907 000	610 000	445 000
Total Retained Equity	292 000	212 000	285 000	225 000
Total Equity	317 000	237 000	309 000	250 000
Total Long-Term Debt	1 242 000	440 000	0	0
Total Current Debt	875 000	230 000	301 000	194 000
Total Equity and Debt	2 434 000	907 000	610 000	445 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 451 000	2 091 000	1 680 000	1 362 000
Other Income	0	0	0	0
Revenue	3 451 000	2 091 000	1 680 000	1 362 000
Cost of Goods Sold	76 000	19 000	9 000	2 000
Salary Costs	1 972 000	1 192 000	959 000	845 000
Depreciation	239 000	55 000	6 000	6 000
Impairment	0	0	0	0
Expenditure	3 268 000	2 077 000	1 371 000	1 177 000
Operating Profit	182 000	13 000	308 000	186 000
Financial Income	255 000	0	0	0
Financial Costs	324 000	85 000	181 000	0
Financial Balance	−69 000	−85 000	−181 000	0
Dividends	0	0	0	0
Net Income	80 000	−73 000	59 000	145 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	16 000	22 000	0	0
Real Eastate	1 227 000	0	0	0
Machinery and Plant Facilities	522 000	215 000	16 000	22 000
Fixtures	407 000	492 000	0	0
Total Tangible Assets	2 156 000	708 000	16 000	22 000
Total Fiancial Fixed Assets	0	5 000	0	0
Total Fixed Assets	2 172 000	735 000	16 000	22 000
Stock	0	0	0	0
Total Investments	0	69 000	139 000	0
Cash, Bank	132 000	66 000	395 000	364 000
Total Current Assets	262 000	172 000	594 000	423 000
Total Assets	2 434 000	907 000	610 000	445 000
Total Equity	317 000	237 000	309 000	250 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 242 000	440 000	0	0
Creditors	74 000	32 000	9 000	5 000
Unpaid Taxes	131 000	93 000	139 000	73 000
Dividends	0	0	0	0
Other Current Debt	670 000	105 000	84 000	75 000
Total Current Debt	875 000	230 000	301 000	194 000
Total Equity and Debt	2 434 000	907 000	610 000	445 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,24 %	−30,8 %	19,09 %	58 %
Debt-to-Equity Ratio	3,92	1,86	0	0
Operating Profit Margin	5,27 %	0,62 %	18,33 %	13,66 %
Current Ratio	0,3	0,75	1,97	2,18
Quick Ratio	0,3	0,75	1,97	2,18
Equity Ratio	0,13	0,26	0,51	0,56
Gross Profit Margin	97,8 %	99,09 %	99,46 %	99,85 %