MIDTNETT AS

3370 VIKERSUND

Finances

Share Ownership

Return on Equity

12,39 %

Current Ratio

0,28

Debt-to-Equity Ratio

1,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	186 351 000	129 731 000	109 902 000	110 885 000
Net Income	14 302 000	−2 005 000	14 915 000	4 850 000
Total Assets	519 363 000	505 326 000	389 939 000	375 121 000
Total Equity	115 402 000	119 628 000	121 633 000	113 948 000

Income (NOK)	2022	2021	2020	2019
Revenue	186 351 000	129 731 000	109 902 000	110 885 000
Expenditure	165 019 000	130 477 000	88 334 000	101 400 000
Operating Profit	21 332 000	−745 000	21 568 000	9 485 000
Financial Income	586 000	649 000	561 000	758 000
Financial Costs	4 755 000	2 341 000	2 895 000	4 301 000
Financial Balance	−4 169 000	−1 692 000	−2 334 000	−3 543 000
Earnings Before Tax	17 163 000	−2 437 000	19 233 000	5 942 000
Tax	2 861 000	−432 000	4 318 000	1 092 000
Net Income	14 302 000	−2 005 000	14 915 000	4 850 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	453 131 000	447 732 000	337 447 000	335 148 000
Total Current Assets	66 232 000	57 594 000	52 492 000	39 973 000
Total Assets	519 363 000	505 326 000	389 939 000	375 121 000
Total Retained Equity	8 846 000	13 072 000	15 077 000	7 392 000
Total Equity	115 402 000	119 628 000	121 633 000	113 948 000
Total Long-Term Debt	164 006 000	166 441 000	163 477 000	164 441 000
Total Current Debt	239 954 000	219 257 000	104 829 000	96 732 000
Total Equity and Debt	519 363 000	505 326 000	389 939 000	375 121 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	149 174 000	124 729 000	105 434 000	108 278 000
Other Income	37 177 000	5 002 000	4 468 000	2 607 000
Revenue	186 351 000	129 731 000	109 902 000	110 885 000
Cost of Goods Sold	67 587 000	46 528 000	27 340 000	39 749 000
Salary Costs	23 999 000	25 816 000	13 424 000	13 714 000
Depreciation	27 651 000	22 259 000	19 624 000	18 187 000
Impairment	0	0	0	0
Expenditure	165 019 000	130 477 000	88 334 000	101 400 000
Operating Profit	21 332 000	−745 000	21 568 000	9 485 000
Financial Income	586 000	649 000	561 000	758 000
Financial Costs	4 755 000	2 341 000	2 895 000	4 301 000
Financial Balance	−4 169 000	−1 692 000	−2 334 000	−3 543 000
Dividends	0	0	14 910 000	0
Net Income	14 302 000	−2 005 000	14 915 000	4 850 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	3 122 000	3 571 000	0	0
Total Intangible Assets	7 236 000	10 547 000	6 543 000	7 621 000
Real Eastate	24 291 000	24 787 000	14 825 000	15 444 000
Machinery and Plant Facilities	415 702 000	404 219 000	312 974 000	309 142 000
Fixtures	2 868 000	1 621 000	542 000	590 000
Total Tangible Assets	442 861 000	434 431 000	328 341 000	325 176 000
Total Fiancial Fixed Assets	3 033 000	2 754 000	2 563 000	2 352 000
Total Fixed Assets	453 131 000	447 732 000	337 447 000	335 148 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	18 043 000	2 159 000	22 725 000	17 945 000
Total Current Assets	66 232 000	57 594 000	52 492 000	39 973 000
Total Assets	519 363 000	505 326 000	389 939 000	375 121 000
Total Equity	115 402 000	119 628 000	121 633 000	113 948 000
Short-Term Group Debt	189 615 000	156 757 000	48 125 000	56 801 000
Total Long-Term Debt	164 006 000	166 441 000	163 477 000	164 441 000
Creditors	25 704 000	26 445 000	6 079 000	7 620 000
Unpaid Taxes	11 588 000	15 452 000	13 690 000	14 383 000
Dividends	0	0	14 910 000	0
Other Current Debt	13 048 000	20 603 000	16 619 000	17 551 000
Total Current Debt	239 954 000	219 257 000	104 829 000	96 732 000
Total Equity and Debt	519 363 000	505 326 000	389 939 000	375 121 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,39 %	−1,68 %	12,26 %	4,26 %
Debt-to-Equity Ratio	1,42	1,39	1,34	1,44
Operating Profit Margin	11,45 %	−0,57 %	19,62 %	8,55 %
Current Ratio	0,28	0,26	0,5	0,41
Quick Ratio	0,28	0,26	0,5	0,41
Equity Ratio	0,22	0,24	0,31	0,3
Gross Profit Margin	63,73 %	64,14 %	75,12 %	64,15 %