MIDTVEIEN AS

2040 KLØFTA

Finances

Share Ownership

Return on Equity

35,84 %

Current Ratio

0,02

Debt-to-Equity Ratio

−7,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	210 000	210 000	210 000	105 000
Net Income	−62 000	−41 000	−55 000	−102 000
Total Assets	4 060 000	4 188 000	4 285 000	4 394 000
Total Equity	−173 000	−111 000	−70 000	−15 000

Income (NOK)	2022	2021	2020	2019
Revenue	210 000	210 000	210 000	105 000
Expenditure	154 000	173 000	157 000	150 000
Operating Profit	56 000	37 000	53 000	−45 000
Financial Income	0	0	0	2 000
Financial Costs	111 000	65 000	82 000	72 000
Financial Balance	−111 000	−65 000	−82 000	−70 000
Earnings Before Tax	−55 000	−28 000	−29 000	−115 000
Tax	7 000	13 000	25 000	−13 000
Net Income	−62 000	−41 000	−55 000	−102 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 996 000	4 083 000	4 169 000	4 269 000
Total Current Assets	64 000	105 000	116 000	125 000
Total Assets	4 060 000	4 188 000	4 285 000	4 394 000
Total Retained Equity	−260 000	−198 000	−157 000	−102 000
Total Equity	−173 000	−111 000	−70 000	−15 000
Total Long-Term Debt	1 243 000	1 315 000	1 388 000	1 463 000
Total Current Debt	2 990 000	2 984 000	2 968 000	2 947 000
Total Equity and Debt	4 060 000	4 188 000	4 285 000	4 394 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	210 000	210 000	210 000	105 000
Revenue	210 000	210 000	210 000	105 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	86 000	86 000	86 000	58 000
Impairment	0	0	0	0
Expenditure	154 000	173 000	157 000	150 000
Operating Profit	56 000	37 000	53 000	−45 000
Financial Income	0	0	0	2 000
Financial Costs	111 000	65 000	82 000	72 000
Financial Balance	−111 000	−65 000	−82 000	−70 000
Dividends	0	0	0	0
Net Income	−62 000	−41 000	−55 000	−102 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	13 000
Real Eastate	3 996 000	4 083 000	4 169 000	4 256 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 996 000	4 083 000	4 169 000	4 256 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 996 000	4 083 000	4 169 000	4 269 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	64 000	105 000	59 000	69 000
Total Current Assets	64 000	105 000	116 000	125 000
Total Assets	4 060 000	4 188 000	4 285 000	4 394 000
Total Equity	−173 000	−111 000	−70 000	−15 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 243 000	1 315 000	1 388 000	1 463 000
Creditors	15 000	13 000	13 000	7 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 968 000	2 959 000	2 942 000	2 940 000
Total Current Debt	2 990 000	2 984 000	2 968 000	2 947 000
Total Equity and Debt	4 060 000	4 188 000	4 285 000	4 394 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,84 %	36,94 %	78,57 %	680 %
Debt-to-Equity Ratio	−7,18	−11,85	−19,83	−97,53
Operating Profit Margin	26,67 %	17,62 %	25,24 %	−42,86 %
Current Ratio	0,02	0,04	0,04	0,04
Quick Ratio	0,02	0,04	0,04	0,04
Equity Ratio	−0,04	−0,03	−0,02	−0
Gross Profit Margin	100 %	100 %	100 %	100 %