MIDTSANDVEIEN 12 AS

7061 TRONDHEIM

Finances

Share Ownership

Return on Equity

111,69 %

Current Ratio

0,49

Debt-to-Equity Ratio

7,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 485 000	4 430 000	4 281 000	3 100 000
Net Income	2 131 000	2 151 000	2 031 000	−2 165 000
Total Assets	17 968 000	18 347 000	18 007 000	19 158 000
Total Equity	1 908 000	1 647 000	40 000	−1 992 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 485 000	4 430 000	4 281 000	3 100 000
Expenditure	1 260 000	1 351 000	1 195 000	5 329 000
Operating Profit	3 225 000	3 080 000	3 087 000	−2 230 000
Financial Income	1 000	0	0	0
Financial Costs	495 000	322 000	483 000	546 000
Financial Balance	−494 000	−322 000	−483 000	−546 000
Earnings Before Tax	2 732 000	2 758 000	2 604 000	−2 776 000
Tax	601 000	607 000	573 000	−611 000
Net Income	2 131 000	2 151 000	2 031 000	−2 165 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 722 000	17 214 000	17 743 000	18 848 000
Total Current Assets	1 246 000	1 133 000	264 000	309 000
Total Assets	17 968 000	18 347 000	18 007 000	19 158 000
Total Retained Equity	1 808 000	1 547 000	−60 000	−2 092 000
Total Equity	1 908 000	1 647 000	40 000	−1 992 000
Total Long-Term Debt	13 504 000	15 810 000	17 474 000	20 602 000
Total Current Debt	2 556 000	890 000	493 000	547 000
Total Equity and Debt	17 968 000	18 347 000	18 007 000	19 158 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 485 000	4 430 000	4 281 000	3 100 000
Revenue	4 485 000	4 430 000	4 281 000	3 100 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	492 000	512 000	533 000	522 000
Impairment	0	0	0	0
Expenditure	1 260 000	1 351 000	1 195 000	5 329 000
Operating Profit	3 225 000	3 080 000	3 087 000	−2 230 000
Financial Income	1 000	0	0	0
Financial Costs	495 000	322 000	483 000	546 000
Financial Balance	−494 000	−322 000	−483 000	−546 000
Dividends	0	0	0	0
Net Income	2 131 000	2 151 000	2 031 000	−2 165 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	17 000	590 000
Real Eastate	16 722 000	17 214 000	17 726 000	18 258 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	16 722 000	17 214 000	17 726 000	18 258 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 722 000	17 214 000	17 743 000	18 848 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 246 000	1 094 000	264 000	307 000
Total Current Assets	1 246 000	1 133 000	264 000	309 000
Total Assets	17 968 000	18 347 000	18 007 000	19 158 000
Total Equity	1 908 000	1 647 000	40 000	−1 992 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 504 000	15 810 000	17 474 000	20 602 000
Creditors	38 000	136 000	264 000	454 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 517 000	755 000	229 000	93 000
Total Current Debt	2 556 000	890 000	493 000	547 000
Total Equity and Debt	17 968 000	18 347 000	18 007 000	19 158 000

Financial indicators	2022	2021	2020	2019
Return on Equity	111,69 %	130,6 %	5 077,5 %	108,68 %
Debt-to-Equity Ratio	7,08	9,6	436,85	−10,34
Operating Profit Margin	71,91 %	69,53 %	72,11 %	−71,94 %
Current Ratio	0,49	1,27	0,54	0,56
Quick Ratio	0,49	1,27	0,54	0,56
Equity Ratio	0,11	0,09	0	−0,1
Gross Profit Margin	100 %	100 %	100 %	100 %