MIDTFJELL UTBYGGINGSSELSKAP AS

4331 ÅLGÅRD

Finances

Share Ownership

Return on Equity

−32,26 %

Current Ratio

2,24

Debt-to-Equity Ratio

3,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−250 000	−413 000	−756 000	−276 000
Total Assets	6 404 000	5 491 000	3 860 000	3 454 000
Total Equity	775 000	1 026 000	1 438 000	2 195 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	126 000	393 000	885 000	296 000
Operating Profit	−126 000	−393 000	−885 000	−297 000
Financial Income	4 000	5 000	1 000	0
Financial Costs	200 000	142 000	86 000	58 000
Financial Balance	−196 000	−137 000	−85 000	−58 000
Earnings Before Tax	−322 000	−531 000	−970 000	−354 000
Tax	−72 000	−118 000	−214 000	−78 000
Net Income	−250 000	−413 000	−756 000	−276 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	519 000	447 000	330 000	116 000
Total Current Assets	5 885 000	5 043 000	3 531 000	3 338 000
Total Assets	6 404 000	5 491 000	3 860 000	3 454 000
Total Retained Equity	−1 825 000	−1 574 000	−1 162 000	−405 000
Total Equity	775 000	1 026 000	1 438 000	2 195 000
Total Long-Term Debt	3 000 000	1 800 000	0	0
Total Current Debt	2 628 000	2 665 000	2 422 000	1 260 000
Total Equity and Debt	6 404 000	5 491 000	3 860 000	3 454 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	500 000	0
Salary Costs	0	68 000	68 000	68 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	126 000	393 000	885 000	296 000
Operating Profit	−126 000	−393 000	−885 000	−297 000
Financial Income	4 000	5 000	1 000	0
Financial Costs	200 000	142 000	86 000	58 000
Financial Balance	−196 000	−137 000	−85 000	−58 000
Dividends	0	0	0	0
Net Income	−250 000	−413 000	−756 000	−276 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	519 000	447 000	330 000	116 000
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	0	0	0	0
Total Fixed Assets	519 000	447 000	330 000	116 000
Stock	5 875 000	5 033 000	3 519 000	3 323 000
Total Investments	0	0	0	0
Cash, Bank	9 000	10 000	12 000	15 000
Total Current Assets	5 885 000	5 043 000	3 531 000	3 338 000
Total Assets	6 404 000	5 491 000	3 860 000	3 454 000
Total Equity	775 000	1 026 000	1 438 000	2 195 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000 000	1 800 000	0	0
Creditors	9 000	42 000	66 000	199 000
Unpaid Taxes	0	3 000	2 000	3 000
Dividends	0	0	0	0
Other Current Debt	6 000	5 000	5 000	1 000
Total Current Debt	2 628 000	2 665 000	2 422 000	1 260 000
Total Equity and Debt	6 404 000	5 491 000	3 860 000	3 454 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−32,26 %	−40,25 %	−52,57 %	−12,57 %
Debt-to-Equity Ratio	3,87	1,75	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	2,24	1,89	1,46	2,65
Quick Ratio	−1,81	−2,13	−3,22	−1,62
Equity Ratio	0,12	0,19	0,37	0,64
Gross Profit Margin	-	-	-	-