MIDLAND TRUCK AS

2943 ROGNE

Finances

Share Ownership

Return on Equity

94,62 %

Current Ratio

0,46

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	671 000	359 000	787 000
Net Income	−264 000	12 000	−51 000
Total Assets	543 000	269 000	172 000
Total Equity	−279 000	−15 000	−27 000

Income (NOK)	2022	2021	2020
Revenue	671 000	359 000	787 000
Expenditure	923 000	348 000	829 000
Operating Profit	−252 000	12 000	−42 000
Financial Income	0	0	0
Financial Costs	12 000	0	9 000
Financial Balance	−12 000	0	−9 000
Earnings Before Tax	−264 000	12 000	−51 000
Tax	0	0	0
Net Income	−264 000	12 000	−51 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	165 000	24 000	24 000
Total Current Assets	378 000	245 000	148 000
Total Assets	543 000	269 000	172 000
Total Retained Equity	−309 000	−45 000	−57 000
Total Equity	−279 000	−15 000	−27 000
Total Long-Term Debt	0	0	0
Total Current Debt	822 000	284 000	199 000
Total Equity and Debt	543 000	269 000	172 000

Cash flow (NOK)	2022	2021	2020
Sales Income	671 000	359 000	787 000
Other Income	0	0	0
Revenue	671 000	359 000	787 000
Cost of Goods Sold	73 000	57 000	50 000
Salary Costs	319 000	77 000	392 000
Depreciation	39 000	0	0
Impairment	0	0	0
Expenditure	923 000	348 000	829 000
Operating Profit	−252 000	12 000	−42 000
Financial Income	0	0	0
Financial Costs	12 000	0	9 000
Financial Balance	−12 000	0	−9 000
Dividends	0	0	0
Net Income	−264 000	12 000	−51 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	146 000	24 000	24 000
Fixtures	19 000	0	0
Total Tangible Assets	165 000	24 000	24 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	165 000	24 000	24 000
Stock	311 000	81 000	81 000
Total Investments	0	0	0
Cash, Bank	62 000	154 000	65 000
Total Current Assets	378 000	245 000	148 000
Total Assets	543 000	269 000	172 000
Total Equity	−279 000	−15 000	−27 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	368 000	233 000	118 000
Unpaid Taxes	29 000	4 000	41 000
Dividends	0	0	0
Other Current Debt	336 000	47 000	39 000
Total Current Debt	822 000	284 000	199 000
Total Equity and Debt	543 000	269 000	172 000

Financial indicators	2022	2021	2020
Return on Equity	94,62 %	−80 %	188,89 %
Debt-to-Equity Ratio	−0	−0	−0
Operating Profit Margin	−37,56 %	3,34 %	−5,34 %
Current Ratio	0,46	0,86	0,74
Quick Ratio	0,74	1,21	1,25
Equity Ratio	−0,51	−0,06	−0,16
Gross Profit Margin	89,12 %	84,12 %	93,65 %