MIDNOR ENERGI AS

7130 BREKSTAD

Finances

Share Ownership

Return on Equity

127,6 %

Current Ratio

0,47

Debt-to-Equity Ratio

−9,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 126 000	5 726 000	4 557 000	2 777 000
Net Income	−356 000	−122 000	47 000	−26 000
Total Assets	4 548 000	4 102 000	1 837 000	1 798 000
Total Equity	−279 000	75 000	197 000	150 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 126 000	5 726 000	4 557 000	2 777 000
Expenditure	16 212 000	5 721 000	4 416 000	2 742 000
Operating Profit	−86 000	4 000	141 000	35 000
Financial Income	2 000	1 000	1 000	0
Financial Costs	272 000	128 000	95 000	61 000
Financial Balance	−270 000	−127 000	−94 000	−61 000
Earnings Before Tax	−356 000	−122 000	47 000	−26 000
Tax	0	0	0	0
Net Income	−356 000	−122 000	47 000	−26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 511 000	2 758 000	988 000	1 104 000
Total Current Assets	1 036 000	1 343 000	849 000	694 000
Total Assets	4 548 000	4 102 000	1 837 000	1 798 000
Total Retained Equity	−473 000	−117 000	5 000	−42 000
Total Equity	−279 000	75 000	197 000	150 000
Total Long-Term Debt	2 613 000	3 369 000	1 400 000	1 521 000
Total Current Debt	2 213 000	657 000	239 000	126 000
Total Equity and Debt	4 548 000	4 102 000	1 837 000	1 798 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 126 000	5 726 000	4 557 000	2 777 000
Other Income	0	0	0	0
Revenue	16 126 000	5 726 000	4 557 000	2 777 000
Cost of Goods Sold	15 346 000	5 341 000	4 077 000	2 615 000
Salary Costs	0	0	0	0
Depreciation	353 000	132 000	116 000	58 000
Impairment	0	0	0	0
Expenditure	16 212 000	5 721 000	4 416 000	2 742 000
Operating Profit	−86 000	4 000	141 000	35 000
Financial Income	2 000	1 000	1 000	0
Financial Costs	272 000	128 000	95 000	61 000
Financial Balance	−270 000	−127 000	−94 000	−61 000
Dividends	0	0	0	0
Net Income	−356 000	−122 000	47 000	−26 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 000	21 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	73 000	0	0	0
Fixtures	3 421 000	2 737 000	988 000	1 104 000
Total Tangible Assets	3 494 000	2 737 000	988 000	1 104 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 511 000	2 758 000	988 000	1 104 000
Stock	482 000	527 000	94 000	222 000
Total Investments	0	0	0	0
Cash, Bank	189 000	624 000	630 000	311 000
Total Current Assets	1 036 000	1 343 000	849 000	694 000
Total Assets	4 548 000	4 102 000	1 837 000	1 798 000
Total Equity	−279 000	75 000	197 000	150 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 613 000	3 369 000	1 400 000	1 521 000
Creditors	1 383 000	1 108 000	217 000	124 000
Unpaid Taxes	114 000	−583 000	20 000	0
Dividends	0	0	0	0
Other Current Debt	716 000	132 000	2 000	2 000
Total Current Debt	2 213 000	657 000	239 000	126 000
Total Equity and Debt	4 548 000	4 102 000	1 837 000	1 798 000

Financial indicators	2022	2021	2020	2019
Return on Equity	127,6 %	−162,67 %	23,86 %	−17,33 %
Debt-to-Equity Ratio	−9,37	44,92	7,11	10,14
Operating Profit Margin	−0,53 %	0,07 %	3,09 %	1,26 %
Current Ratio	0,47	2,04	3,55	5,51
Quick Ratio	0,6	10,33	5,86	−7,23
Equity Ratio	−0,06	0,02	0,11	0,08
Gross Profit Margin	4,84 %	6,72 %	10,53 %	5,83 %