MIDTGARD EIENDOMSUTVIKLING AS

5226 NESTTUN

Finances

Return on Equity

−24,22 %

Current Ratio

0,78

Debt-to-Equity Ratio

9,41

Key figures (NOK)	2021	2020	2019	2018
Revenue	142 000	29 000	0	0
Net Income	−357 000	27 000	−7 000	−19 000
Total Assets	15 532 000	332 000	5 000	11 000
Total Equity	1 474 000	332 000	5 000	11 000

Income (NOK)	2021	2020	2019	2018
Revenue	142 000	29 000	0	0
Expenditure	318 000	2 000	7 000	19 000
Operating Profit	−176 000	27 000	−7 000	−19 000
Financial Income	0	0	0	0
Financial Costs	181 000	0	0	0
Financial Balance	−181 000	0	0	0
Earnings Before Tax	−357 000	27 000	−7 000	−19 000
Tax	0	0	0	0
Net Income	−357 000	27 000	−7 000	−19 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	15 388 000	0	0	0
Total Current Assets	145 000	332 000	5 000	11 000
Total Assets	15 532 000	332 000	5 000	11 000
Total Retained Equity	−356 000	0	−25 000	−19 000
Total Equity	1 474 000	332 000	5 000	11 000
Total Long-Term Debt	13 870 000	0	0	0
Total Current Debt	187 000	0	0	0
Total Equity and Debt	15 532 000	332 000	5 000	11 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	57 000	29 000	0	0
Other Income	85 000	0	0	0
Revenue	142 000	29 000	0	0
Cost of Goods Sold	101 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	318 000	2 000	7 000	19 000
Operating Profit	−176 000	27 000	−7 000	−19 000
Financial Income	0	0	0	0
Financial Costs	181 000	0	0	0
Financial Balance	−181 000	0	0	0
Dividends	0	0	0	0
Net Income	−357 000	27 000	−7 000	−19 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	300 000	0	0	0
Real Eastate	6 878 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 878 000	0	0	0
Total Fiancial Fixed Assets	8 210 000	0	0	0
Total Fixed Assets	15 388 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	88 000	1 000	2 000	9 000
Total Current Assets	145 000	332 000	5 000	11 000
Total Assets	15 532 000	332 000	5 000	11 000
Total Equity	1 474 000	332 000	5 000	11 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 870 000	0	0	0
Creditors	187 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	187 000	0	0	0
Total Equity and Debt	15 532 000	332 000	5 000	11 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−24,22 %	8,13 %	−140 %	−172,73 %
Debt-to-Equity Ratio	9,41	0	0	0
Operating Profit Margin	−123,94 %	93,1 %	-	-
Current Ratio	0,78	-	-	-
Quick Ratio	0,78	-	-	-
Equity Ratio	0,09	1	1	1
Gross Profit Margin	28,87 %	100 %	-	-