MIDTSTUA AS

6674 KVISVIK

Finances

Share Ownership

Return on Equity

18,74 %

Current Ratio

2,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 135 000	2 392 000	2 198 000	1 585 000
Net Income	98 000	125 000	147 000	102 000
Total Assets	904 000	905 000	782 000	555 000
Total Equity	523 000	426 000	300 000	154 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 135 000	2 392 000	2 198 000	1 585 000
Expenditure	2 010 000	2 229 000	2 004 000	1 452 000
Operating Profit	126 000	162 000	193 000	133 000
Financial Income	0	0	1 000	0
Financial Costs	1 000	1 000	5 000	2 000
Financial Balance	−1 000	−1 000	−4 000	−2 000
Earnings Before Tax	125 000	162 000	189 000	132 000
Tax	27 000	37 000	42 000	30 000
Net Income	98 000	125 000	147 000	102 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	904 000	905 000	782 000	555 000
Total Assets	904 000	905 000	782 000	555 000
Total Retained Equity	493 000	396 000	270 000	124 000
Total Equity	523 000	426 000	300 000	154 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	381 000	479 000	482 000	401 000
Total Equity and Debt	904 000	905 000	782 000	555 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 135 000	2 392 000	2 197 000	1 585 000
Other Income	0	0	0	0
Revenue	2 135 000	2 392 000	2 198 000	1 585 000
Cost of Goods Sold	965 000	1 275 000	1 163 000	863 000
Salary Costs	701 000	662 000	601 000	331 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 010 000	2 229 000	2 004 000	1 452 000
Operating Profit	126 000	162 000	193 000	133 000
Financial Income	0	0	1 000	0
Financial Costs	1 000	1 000	5 000	2 000
Financial Balance	−1 000	−1 000	−4 000	−2 000
Dividends	0	0	0	0
Net Income	98 000	125 000	147 000	102 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	525 000	449 000	432 000	410 000
Total Investments	0	0	0	0
Cash, Bank	260 000	424 000	318 000	118 000
Total Current Assets	904 000	905 000	782 000	555 000
Total Assets	904 000	905 000	782 000	555 000
Total Equity	523 000	426 000	300 000	154 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	139 000	125 000	89 000	58 000
Unpaid Taxes	119 000	169 000	171 000	113 000
Dividends	0	0	0	0
Other Current Debt	96 000	148 000	180 000	200 000
Total Current Debt	381 000	479 000	482 000	401 000
Total Equity and Debt	904 000	905 000	782 000	555 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,74 %	29,34 %	49 %	66,23 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,9 %	6,77 %	8,78 %	8,39 %
Current Ratio	2,37	1,89	1,62	1,38
Quick Ratio	−6,28	30,17	15,64	−61,67
Equity Ratio	0,58	0,47	0,38	0,28
Gross Profit Margin	54,8 %	46,7 %	47,09 %	45,55 %