MIDT-NORSK MONTASJE AS

7088 HEIMDAL

Finances

Share Ownership

Return on Equity

24,88 %

Current Ratio

2,06

Debt-to-Equity Ratio

0,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 552 000	2 418 000	1 577 000	1 677 000
Net Income	253 000	201 000	113 000	181 000
Total Assets	2 323 000	1 591 000	836 000	719 000
Total Equity	1 017 000	765 000	564 000	451 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 552 000	2 418 000	1 577 000	1 677 000
Expenditure	2 224 000	2 153 000	1 433 000	1 445 000
Operating Profit	329 000	265 000	143 000	233 000
Financial Income	3 000	0	2 000	0
Financial Costs	19 000	8 000	0	1 000
Financial Balance	−16 000	−8 000	2 000	−1 000
Earnings Before Tax	313 000	257 000	145 000	232 000
Tax	60 000	57 000	32 000	51 000
Net Income	253 000	201 000	113 000	181 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 381 000	601 000	77 000	108 000
Total Current Assets	942 000	990 000	759 000	611 000
Total Assets	2 323 000	1 591 000	836 000	719 000
Total Retained Equity	987 000	735 000	534 000	421 000
Total Equity	1 017 000	765 000	564 000	451 000
Total Long-Term Debt	847 000	452 000	0	0
Total Current Debt	458 000	375 000	272 000	268 000
Total Equity and Debt	2 323 000	1 591 000	836 000	719 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 466 000	2 418 000	1 577 000	1 677 000
Other Income	86 000	0	0	0
Revenue	2 552 000	2 418 000	1 577 000	1 677 000
Cost of Goods Sold	238 000	155 000	73 000	119 000
Salary Costs	960 000	979 000	780 000	756 000
Depreciation	114 000	114 000	15 000	8 000
Impairment	0	0	0	0
Expenditure	2 224 000	2 153 000	1 433 000	1 445 000
Operating Profit	329 000	265 000	143 000	233 000
Financial Income	3 000	0	2 000	0
Financial Costs	19 000	8 000	0	1 000
Financial Balance	−16 000	−8 000	2 000	−1 000
Dividends	0	0	0	0
Net Income	253 000	201 000	113 000	181 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 207 000	0	0	0
Machinery and Plant Facilities	25 000	38 000	52 000	65 000
Fixtures	59 000	552 000	0	2 000
Total Tangible Assets	1 291 000	591 000	52 000	67 000
Total Fiancial Fixed Assets	90 000	10 000	25 000	41 000
Total Fixed Assets	1 381 000	601 000	77 000	108 000
Stock	0	0	0	0
Total Investments	216 000	552 000	350 000	0
Cash, Bank	568 000	312 000	254 000	469 000
Total Current Assets	942 000	990 000	759 000	611 000
Total Assets	2 323 000	1 591 000	836 000	719 000
Total Equity	1 017 000	765 000	564 000	451 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	847 000	452 000	0	0
Creditors	53 000	26 000	34 000	41 000
Unpaid Taxes	242 000	181 000	125 000	56 000
Dividends	0	0	0	0
Other Current Debt	94 000	112 000	81 000	120 000
Total Current Debt	458 000	375 000	272 000	268 000
Total Equity and Debt	2 323 000	1 591 000	836 000	719 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,88 %	26,27 %	20,04 %	40,13 %
Debt-to-Equity Ratio	0,83	0,59	0	0
Operating Profit Margin	12,89 %	10,96 %	9,07 %	13,89 %
Current Ratio	2,06	2,64	2,79	2,28
Quick Ratio	2,06	2,64	2,79	2,28
Equity Ratio	0,44	0,48	0,67	0,63
Gross Profit Margin	90,67 %	93,59 %	95,37 %	92,9 %