MIDT-TELEMARK RØR AS

3830 ULEFOSS

Finances

Share Ownership

Return on Equity

50,37 %

Current Ratio

1,11

Debt-to-Equity Ratio

0,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 076 000	22 939 000	19 694 000	12 338 000
Net Income	481 000	−1 585 000	−738 000	457 000
Total Assets	8 453 000	9 664 000	9 397 000	11 344 000
Total Equity	955 000	474 000	2 059 000	2 797 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 076 000	22 939 000	19 694 000	12 338 000
Expenditure	22 460 000	24 397 000	20 515 000	11 634 000
Operating Profit	615 000	−1 457 000	−820 000	705 000
Financial Income	18 000	0	0	1 000
Financial Costs	152 000	128 000	160 000	124 000
Financial Balance	−134 000	−128 000	−160 000	−123 000
Earnings Before Tax	481 000	−1 585 000	−981 000	581 000
Tax	0	0	−243 000	124 000
Net Income	481 000	−1 585 000	−738 000	457 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 082 000	2 046 000	1 733 000	1 727 000
Total Current Assets	7 370 000	7 618 000	7 664 000	9 618 000
Total Assets	8 453 000	9 664 000	9 397 000	11 344 000
Total Retained Equity	−1 506 000	−1 987 000	−402 000	335 000
Total Equity	955 000	474 000	2 059 000	2 797 000
Total Long-Term Debt	860 000	1 219 000	1 620 000	2 421 000
Total Current Debt	6 638 000	7 971 000	5 717 000	6 127 000
Total Equity and Debt	8 453 000	9 664 000	9 397 000	11 344 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 996 000	22 922 000	19 594 000	12 298 000
Other Income	80 000	17 000	100 000	40 000
Revenue	23 076 000	22 939 000	19 694 000	12 338 000
Cost of Goods Sold	10 338 000	12 877 000	10 037 000	5 351 000
Salary Costs	8 367 000	7 680 000	6 373 000	3 599 000
Depreciation	291 000	342 000	327 000	313 000
Impairment	0	0	0	0
Expenditure	22 460 000	24 397 000	20 515 000	11 634 000
Operating Profit	615 000	−1 457 000	−820 000	705 000
Financial Income	18 000	0	0	1 000
Financial Costs	152 000	128 000	160 000	124 000
Financial Balance	−134 000	−128 000	−160 000	−123 000
Dividends	0	0	0	0
Net Income	481 000	−1 585 000	−738 000	457 000

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	49 000	141 000	204 000	143 000
Fixtures	817 000	1 585 000	1 274 000	1 389 000
Total Tangible Assets	866 000	1 726 000	1 478 000	1 532 000
Total Fiancial Fixed Assets	217 000	320 000	254 000	194 000
Total Fixed Assets	1 082 000	2 046 000	1 733 000	1 727 000
Stock	2 987 000	3 030 000	3 225 000	3 014 000
Total Investments	0	0	0	0
Cash, Bank	457 000	337 000	280 000	232 000
Total Current Assets	7 370 000	7 618 000	7 664 000	9 618 000
Total Assets	8 453 000	9 664 000	9 397 000	11 344 000
Total Equity	955 000	474 000	2 059 000	2 797 000
Short-Term Group Debt	1 945 000	2 077 000	1 665 000	2 431 000
Total Long-Term Debt	860 000	1 219 000	1 620 000	2 421 000
Creditors	1 969 000	2 524 000	1 037 000	1 454 000
Unpaid Taxes	1 332 000	938 000	781 000	501 000
Dividends	0	0	0	0
Other Current Debt	1 392 000	1 230 000	1 152 000	627 000
Total Current Debt	6 638 000	7 971 000	5 717 000	6 127 000
Total Equity and Debt	8 453 000	9 664 000	9 397 000	11 344 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,37 %	−334,39 %	−35,84 %	16,34 %
Debt-to-Equity Ratio	0,9	2,57	0,79	0,87
Operating Profit Margin	2,67 %	−6,35 %	−4,16 %	5,71 %
Current Ratio	1,11	0,96	1,34	1,57
Quick Ratio	2,02	1,54	3,08	3,09
Equity Ratio	0,11	0,05	0,22	0,25
Gross Profit Margin	55,2 %	43,86 %	49,04 %	56,63 %