MIDTFYLKET ENTREPRENØR AS

3340 ÅMOT

Finances

Share Ownership

Return on Equity

64,59 %

Current Ratio

1,53

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	119 141 000	75 837 000	31 947 000	14 583 000
Net Income	9 350 000	3 297 000	1 042 000	586 000
Total Assets	48 529 000	44 195 000	12 323 000	6 718 000
Total Equity	14 475 000	5 125 000	1 828 000	786 000

Income (NOK)	2022	2021	2020	2019
Revenue	119 141 000	75 837 000	31 947 000	14 583 000
Expenditure	107 006 000	73 673 000	30 552 000	13 782 000
Operating Profit	12 225 000	4 317 000	1 396 000	800 000
Financial Income	7 000	0	1 000	0
Financial Costs	121 000	77 000	46 000	33 000
Financial Balance	−114 000	−77 000	−45 000	−33 000
Earnings Before Tax	12 111 000	4 241 000	1 351 000	767 000
Tax	2 762 000	944 000	309 000	181 000
Net Income	9 350 000	3 297 000	1 042 000	586 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 035 000	1 284 000	625 000	189 000
Total Current Assets	46 494 000	42 911 000	11 697 000	6 529 000
Total Assets	48 529 000	44 195 000	12 323 000	6 718 000
Total Retained Equity	14 275 000	4 925 000	1 628 000	586 000
Total Equity	14 475 000	5 125 000	1 828 000	786 000
Total Long-Term Debt	3 614 000	1 212 000	298 000	2 000
Total Current Debt	30 440 000	37 858 000	10 196 000	5 929 000
Total Equity and Debt	48 529 000	44 195 000	12 323 000	6 718 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	119 141 000	75 837 000	31 947 000	14 583 000
Other Income	0	0	0	0
Revenue	119 141 000	75 837 000	31 947 000	14 583 000
Cost of Goods Sold	88 088 000	60 055 000	22 235 000	10 532 000
Salary Costs	12 390 000	9 998 000	6 244 000	2 271 000
Depreciation	650 000	253 000	56 000	28 000
Impairment	0	0	0	0
Expenditure	107 006 000	73 673 000	30 552 000	13 782 000
Operating Profit	12 225 000	4 317 000	1 396 000	800 000
Financial Income	7 000	0	1 000	0
Financial Costs	121 000	77 000	46 000	33 000
Financial Balance	−114 000	−77 000	−45 000	−33 000
Dividends	0	0	0	0
Net Income	9 350 000	3 297 000	1 042 000	586 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	270 000	363 000	41 000	12 000
Fixtures	1 765 000	921 000	584 000	113 000
Total Tangible Assets	2 035 000	1 284 000	625 000	125 000
Total Fiancial Fixed Assets	0	0	0	64 000
Total Fixed Assets	2 035 000	1 284 000	625 000	189 000
Stock	6 526 000	5 650 000	1 743 000	0
Total Investments	0	0	0	0
Cash, Bank	26 478 000	20 394 000	3 828 000	6 276 000
Total Current Assets	46 494 000	42 911 000	11 697 000	6 529 000
Total Assets	48 529 000	44 195 000	12 323 000	6 718 000
Total Equity	14 475 000	5 125 000	1 828 000	786 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 614 000	1 212 000	298 000	2 000
Creditors	7 060 000	15 324 000	6 114 000	2 669 000
Unpaid Taxes	1 609 000	3 378 000	1 178 000	1 141 000
Dividends	0	0	0	0
Other Current Debt	18 412 000	19 126 000	2 891 000	1 940 000
Total Current Debt	30 440 000	37 858 000	10 196 000	5 929 000
Total Equity and Debt	48 529 000	44 195 000	12 323 000	6 718 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,59 %	64,33 %	57 %	74,55 %
Debt-to-Equity Ratio	0,25	0,24	0,16	0
Operating Profit Margin	10,26 %	5,69 %	4,37 %	5,49 %
Current Ratio	1,53	1,13	1,15	1,1
Quick Ratio	1,94	1,33	1,38	1,1
Equity Ratio	0,3	0,12	0,15	0,12
Gross Profit Margin	26,06 %	20,81 %	30,4 %	27,78 %