MIDØY KYSTFISKE AS

6475 MIDSUND

Finances

Share Ownership

Return on Equity

131,73 %

Current Ratio

3,15

Debt-to-Equity Ratio

7,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 535 000	5 033 000	5 328 000	2 111 000
Net Income	602 000	634 000	398 000	312 000
Total Assets	4 953 000	4 689 000	5 298 000	3 616 000
Total Equity	457 000	−145 000	−780 000	1 131 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 535 000	5 033 000	5 328 000	2 111 000
Expenditure	3 544 000	4 013 000	4 639 000	1 654 000
Operating Profit	992 000	1 019 000	689 000	456 000
Financial Income	0	1 000	2 000	1 000
Financial Costs	221 000	206 000	181 000	57 000
Financial Balance	−221 000	−205 000	−179 000	−56 000
Earnings Before Tax	772 000	813 000	510 000	399 000
Tax	170 000	179 000	112 000	88 000
Net Income	602 000	634 000	398 000	312 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 933 000	2 285 000	3 139 000	1 984 000
Total Current Assets	3 020 000	2 404 000	2 159 000	1 632 000
Total Assets	4 953 000	4 689 000	5 298 000	3 616 000
Total Retained Equity	−2 000	−604 000	−1 239 000	672 000
Total Equity	457 000	−145 000	−780 000	1 131 000
Total Long-Term Debt	3 537 000	3 948 000	4 635 000	1 088 000
Total Current Debt	959 000	886 000	1 442 000	1 397 000
Total Equity and Debt	4 953 000	4 689 000	5 298 000	3 616 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 455 000	5 033 000	5 325 000	986 000
Other Income	80 000	0	3 000	1 125 000
Revenue	4 535 000	5 033 000	5 328 000	2 111 000
Cost of Goods Sold	581 000	764 000	927 000	289 000
Salary Costs	1 566 000	1 705 000	2 019 000	838 000
Depreciation	560 000	620 000	736 000	298 000
Impairment	0	0	0	0
Expenditure	3 544 000	4 013 000	4 639 000	1 654 000
Operating Profit	992 000	1 019 000	689 000	456 000
Financial Income	0	1 000	2 000	1 000
Financial Costs	221 000	206 000	181 000	57 000
Financial Balance	−221 000	−205 000	−179 000	−56 000
Dividends	0	0	0	0
Net Income	602 000	634 000	398 000	312 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 000	5 000	5 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	832 000	893 000	1 071 000	934 000
Total Tangible Assets	1 933 000	2 285 000	3 139 000	1 884 000
Total Fiancial Fixed Assets	0	0	0	100 000
Total Fixed Assets	1 933 000	2 285 000	3 139 000	1 984 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 868 000	2 065 000	1 859 000	223 000
Total Current Assets	3 020 000	2 404 000	2 159 000	1 632 000
Total Assets	4 953 000	4 689 000	5 298 000	3 616 000
Total Equity	457 000	−145 000	−780 000	1 131 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 537 000	3 948 000	4 635 000	1 088 000
Creditors	463 000	281 000	1 147 000	972 000
Unpaid Taxes	224 000	298 000	151 000	204 000
Dividends	0	0	0	0
Other Current Debt	66 000	76 000	42 000	143 000
Total Current Debt	959 000	886 000	1 442 000	1 397 000
Total Equity and Debt	4 953 000	4 689 000	5 298 000	3 616 000

Financial indicators	2022	2021	2020	2019
Return on Equity	131,73 %	−437,24 %	−51,03 %	27,59 %
Debt-to-Equity Ratio	7,74	−27,23	−5,94	0,96
Operating Profit Margin	21,87 %	20,25 %	12,93 %	21,6 %
Current Ratio	3,15	2,71	1,5	1,17
Quick Ratio	3,15	2,71	1,5	1,17
Equity Ratio	0,09	−0,03	−0,15	0,31
Gross Profit Margin	87,19 %	84,82 %	82,6 %	86,31 %