MIDTDALEN RØRLEGGER BEDRIFT AS

2647 SØR-FRON

Finances

Share Ownership

Return on Equity

45 %

Current Ratio

2,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 797 000	8 323 000	7 577 000	7 202 000
Net Income	1 772 000	583 000	652 000	1 311 000
Total Assets	7 470 000	4 606 000	3 886 000	2 637 000
Total Equity	3 938 000	2 166 000	1 584 000	1 532 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 797 000	8 323 000	7 577 000	7 202 000
Expenditure	11 526 000	7 570 000	6 744 000	5 763 000
Operating Profit	2 272 000	753 000	834 000	1 439 000
Financial Income	5 000	3 000	3 000	9 000
Financial Costs	0	2 000	2 000	0
Financial Balance	5 000	1 000	1 000	9 000
Earnings Before Tax	2 276 000	755 000	834 000	1 448 000
Tax	505 000	172 000	183 000	137 000
Net Income	1 772 000	583 000	652 000	1 311 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	288 000	208 000	318 000	253 000
Total Current Assets	7 183 000	4 397 000	3 568 000	2 384 000
Total Assets	7 470 000	4 606 000	3 886 000	2 637 000
Total Retained Equity	3 902 000	2 130 000	1 548 000	1 496 000
Total Equity	3 938 000	2 166 000	1 584 000	1 532 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 532 000	2 439 000	2 302 000	1 105 000
Total Equity and Debt	7 470 000	4 606 000	3 886 000	2 637 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 762 000	8 322 000	7 575 000	7 200 000
Other Income	35 000	1 000	2 000	2 000
Revenue	13 797 000	8 323 000	7 577 000	7 202 000
Cost of Goods Sold	4 890 000	3 601 000	3 151 000	2 699 000
Salary Costs	5 278 000	3 059 000	2 865 000	2 176 000
Depreciation	131 000	110 000	104 000	120 000
Impairment	0	0	0	0
Expenditure	11 526 000	7 570 000	6 744 000	5 763 000
Operating Profit	2 272 000	753 000	834 000	1 439 000
Financial Income	5 000	3 000	3 000	9 000
Financial Costs	0	2 000	2 000	0
Financial Balance	5 000	1 000	1 000	9 000
Dividends	0	0	600 000	0
Net Income	1 772 000	583 000	652 000	1 311 000

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	288 000	208 000	318 000	253 000
Total Tangible Assets	288 000	208 000	318 000	253 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	288 000	208 000	318 000	253 000
Stock	432 000	454 000	411 000	292 000
Total Investments	0	0	0	0
Cash, Bank	2 420 000	2 266 000	1 931 000	1 303 000
Total Current Assets	7 183 000	4 397 000	3 568 000	2 384 000
Total Assets	7 470 000	4 606 000	3 886 000	2 637 000
Total Equity	3 938 000	2 166 000	1 584 000	1 532 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	392 000	862 000	639 000	197 000
Unpaid Taxes	2 118 000	654 000	604 000	498 000
Dividends	0	0	600 000	0
Other Current Debt	518 000	751 000	276 000	273 000
Total Current Debt	3 532 000	2 439 000	2 302 000	1 105 000
Total Equity and Debt	7 470 000	4 606 000	3 886 000	2 637 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45 %	26,92 %	41,16 %	85,57 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,47 %	9,05 %	11,01 %	19,98 %
Current Ratio	2,03	1,8	1,55	2,16
Quick Ratio	2,32	2,22	1,89	2,93
Equity Ratio	0,53	0,47	0,41	0,58
Gross Profit Margin	64,56 %	56,73 %	58,41 %	62,52 %