MIDTOWN AS

4610 KRISTIANSAND S

Finances

Return on Equity

−15,86 %

Current Ratio

3,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	116 000	306 000	1 101 000	64 000
Net Income	−23 000	63 000	24 000	−33 000
Total Assets	207 000	226 000	178 000	108 000
Total Equity	145 000	168 000	100 000	76 000

Income (NOK)	2022	2021	2020	2019
Revenue	116 000	306 000	1 101 000	64 000
Expenditure	138 000	226 000	1 068 000	105 000
Operating Profit	−23 000	80 000	32 000	−41 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−23 000	80 000	32 000	−41 000
Tax	0	18 000	9 000	−9 000
Net Income	−23 000	63 000	24 000	−33 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 000	14 000	14 000	9 000
Total Current Assets	188 000	213 000	165 000	100 000
Total Assets	207 000	226 000	178 000	108 000
Total Retained Equity	115 000	138 000	75 000	51 000
Total Equity	145 000	168 000	100 000	76 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	62 000	59 000	79 000	32 000
Total Equity and Debt	207 000	226 000	178 000	108 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	116 000	306 000	1 101 000	64 000
Other Income	0	0	0	0
Revenue	116 000	306 000	1 101 000	64 000
Cost of Goods Sold	102 000	0	806 000	91 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	2 000
Impairment	0	0	0	0
Expenditure	138 000	226 000	1 068 000	105 000
Operating Profit	−23 000	80 000	32 000	−41 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−23 000	63 000	24 000	−33 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	9 000
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	19 000	14 000	14 000	0
Total Fixed Assets	19 000	14 000	14 000	9 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	47 000	42 000	33 000	2 000
Total Current Assets	188 000	213 000	165 000	100 000
Total Assets	207 000	226 000	178 000	108 000
Total Equity	145 000	168 000	100 000	76 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	23 000	18 000	44 000	0
Unpaid Taxes	0	−7 000	6 000	0
Dividends	0	0	0	0
Other Current Debt	40 000	30 000	29 000	32 000
Total Current Debt	62 000	59 000	79 000	32 000
Total Equity and Debt	207 000	226 000	178 000	108 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,86 %	37,5 %	24 %	−43,42 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−19,83 %	26,14 %	2,91 %	−64,06 %
Current Ratio	3,03	3,61	2,09	3,13
Quick Ratio	3,03	3,61	2,09	3,13
Equity Ratio	0,7	0,74	0,56	0,7
Gross Profit Margin	12,07 %	100 %	26,79 %	−42,19 %