MIDT-NORSK MASSIVTRE AS

7800 NAMSOS

Finances

Share Ownership

Return on Equity

35,46 %

Current Ratio

2,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	600 000	297 000	0
Net Income	128 000	52 000	−48 000	−25 000
Total Assets	495 000	361 000	300 000	2 000
Total Equity	361 000	233 000	181 000	−1 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	600 000	297 000	0
Expenditure	−156 000	548 000	344 000	25 000
Operating Profit	156 000	52 000	−47 000	−25 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	1 000	0	−1 000	0
Earnings Before Tax	157 000	52 000	−48 000	−25 000
Tax	29 000	0	0	0
Net Income	128 000	52 000	−48 000	−25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	200 000	200 000	200 000	0
Total Current Assets	295 000	161 000	100 000	2 000
Total Assets	495 000	361 000	300 000	2 000
Total Retained Equity	106 000	−22 000	−73 000	−25 000
Total Equity	361 000	233 000	181 000	−1 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	134 000	129 000	119 000	3 000
Total Equity and Debt	495 000	361 000	300 000	2 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	600 000	297 000	0
Other Income	0	0	0	0
Revenue	0	600 000	297 000	0
Cost of Goods Sold	5 000	313 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	−156 000	548 000	344 000	25 000
Operating Profit	156 000	52 000	−47 000	−25 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	1 000	0	−1 000	0
Dividends	0	0	0	0
Net Income	128 000	52 000	−48 000	−25 000

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	200 000	200 000	200 000	0
Fixtures	0	0	0	0
Total Tangible Assets	200 000	200 000	200 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	200 000	200 000	200 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	50 000	61 000	0	2 000
Total Current Assets	295 000	161 000	100 000	2 000
Total Assets	495 000	361 000	300 000	2 000
Total Equity	361 000	233 000	181 000	−1 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	110 000	133 000	119 000	3 000
Unpaid Taxes	−5 000	−105 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	100 000	0	0
Total Current Debt	134 000	129 000	119 000	3 000
Total Equity and Debt	495 000	361 000	300 000	2 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,46 %	22,32 %	−26,52 %	2 500 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	-	8,67 %	−15,82 %	-
Current Ratio	2,2	1,25	0,84	0,67
Quick Ratio	2,2	1,25	0,84	0,67
Equity Ratio	0,73	0,65	0,6	−0,5
Gross Profit Margin	-	47,83 %	100 %	-