MIDT-TELEMARK HOLDING AS

3820 NORDAGUTU

Finances

Return on Equity

2,69 %

Current Ratio

0,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	112 000	0	0	0
Net Income	40 000	−2 020 000	76 000	−6 000
Total Assets	2 600 000	2 160 000	3 907 000	6 900 000
Total Equity	1 486 000	1 446 000	3 465 000	3 389 000

Income (NOK)	2022	2021	2020	2019
Revenue	112 000	0	0	0
Expenditure	66 000	33 000	36 000	9 000
Operating Profit	45 000	−33 000	−36 000	−9 000
Financial Income	0	0	384 000	0
Financial Costs	3 000	1 987 000	195 000	0
Financial Balance	−3 000	−1 987 000	189 000	0
Earnings Before Tax	42 000	−2 020 000	152 000	−9 000
Tax	2 000	0	76 000	−3 000
Net Income	40 000	−2 020 000	76 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 041 000	1 573 000	3 398 000	3 609 000
Total Current Assets	560 000	587 000	510 000	3 290 000
Total Assets	2 600 000	2 160 000	3 907 000	6 900 000
Total Retained Equity	1 386 000	1 346 000	3 365 000	3 289 000
Total Equity	1 486 000	1 446 000	3 465 000	3 389 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 115 000	715 000	442 000	3 510 000
Total Equity and Debt	2 600 000	2 160 000	3 907 000	6 900 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	48 000	0	0	0
Other Income	64 000	0	0	0
Revenue	112 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	32 000	0	0	0
Impairment	0	0	0	0
Expenditure	66 000	33 000	36 000	9 000
Operating Profit	45 000	−33 000	−36 000	−9 000
Financial Income	0	0	384 000	0
Financial Costs	3 000	1 987 000	195 000	0
Financial Balance	−3 000	−1 987 000	189 000	0
Dividends	0	0	0	0
Net Income	40 000	−2 020 000	76 000	−6 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	76 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	468 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	468 000	0	0	0
Total Fiancial Fixed Assets	1 573 000	1 573 000	3 398 000	3 533 000
Total Fixed Assets	2 041 000	1 573 000	3 398 000	3 609 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	46 000	13 000	106 000	3 000
Total Current Assets	560 000	587 000	510 000	3 290 000
Total Assets	2 600 000	2 160 000	3 907 000	6 900 000
Total Equity	1 486 000	1 446 000	3 465 000	3 389 000
Short-Term Group Debt	670 000	646 000	346 000	3 376 000
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	8 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	435 000	69 000	96 000	135 000
Total Current Debt	1 115 000	715 000	442 000	3 510 000
Total Equity and Debt	2 600 000	2 160 000	3 907 000	6 900 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,69 %	−139,7 %	2,19 %	−0,18 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	40,18 %	-	-	-
Current Ratio	0,5	0,82	1,15	0,94
Quick Ratio	0,5	0,82	1,15	0,94
Equity Ratio	0,57	0,67	0,89	0,49
Gross Profit Margin	100 %	-	-	-