MIDTNOR AS

8665 MOSJØEN

Finances

Return on Equity

25 %

Current Ratio

2,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	469 000	375 000	709 000	752 000
Net Income	310 000	194 000	−58 000	231 000
Total Assets	1 865 000	1 854 000	1 446 000	1 480 000
Total Equity	1 240 000	930 000	737 000	795 000

Income (NOK)	2022	2021	2020	2019
Revenue	469 000	375 000	709 000	752 000
Expenditure	258 000	188 000	405 000	495 000
Operating Profit	212 000	187 000	303 000	257 000
Financial Income	186 000	86 000	100 000	11 000
Financial Costs	73 000	0	402 000	0
Financial Balance	113 000	86 000	−302 000	11 000
Earnings Before Tax	325 000	273 000	1 000	267 000
Tax	15 000	79 000	59 000	36 000
Net Income	310 000	194 000	−58 000	231 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	353 000	555 000	48 000	48 000
Total Current Assets	1 512 000	1 299 000	1 398 000	1 432 000
Total Assets	1 865 000	1 854 000	1 446 000	1 480 000
Total Retained Equity	1 210 000	900 000	707 000	765 000
Total Equity	1 240 000	930 000	737 000	795 000
Total Long-Term Debt	0	35 000	0	18 000
Total Current Debt	625 000	888 000	709 000	667 000
Total Equity and Debt	1 865 000	1 854 000	1 446 000	1 480 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	469 000	375 000	709 000	752 000
Other Income	0	0	0	0
Revenue	469 000	375 000	709 000	752 000
Cost of Goods Sold	0	0	0	0
Salary Costs	233 000	110 000	380 000	485 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	258 000	188 000	405 000	495 000
Operating Profit	212 000	187 000	303 000	257 000
Financial Income	186 000	86 000	100 000	11 000
Financial Costs	73 000	0	402 000	0
Financial Balance	113 000	86 000	−302 000	11 000
Dividends	0	0	0	0
Net Income	310 000	194 000	−58 000	231 000

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	353 000	555 000	48 000	48 000
Total Fixed Assets	353 000	555 000	48 000	48 000
Stock	0	0	0	0
Total Investments	985 000	812 000	812 000	797 000
Cash, Bank	269 000	275 000	467 000	404 000
Total Current Assets	1 512 000	1 299 000	1 398 000	1 432 000
Total Assets	1 865 000	1 854 000	1 446 000	1 480 000
Total Equity	1 240 000	930 000	737 000	795 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	35 000	0	18 000
Creditors	6 000	18 000	4 000	0
Unpaid Taxes	35 000	67 000	68 000	92 000
Dividends	0	0	0	0
Other Current Debt	533 000	759 000	560 000	519 000
Total Current Debt	625 000	888 000	709 000	667 000
Total Equity and Debt	1 865 000	1 854 000	1 446 000	1 480 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25 %	20,86 %	−7,87 %	29,06 %
Debt-to-Equity Ratio	0	0,04	0	0,02
Operating Profit Margin	45,2 %	49,87 %	42,74 %	34,18 %
Current Ratio	2,42	1,46	1,97	2,15
Quick Ratio	2,42	1,46	1,97	2,15
Equity Ratio	0,66	0,5	0,51	0,54
Gross Profit Margin	100 %	100 %	100 %	100 %