MIDT-NORGE MASKINUTLEIE AS

7083 LEINSTRAND

Finances

Share Ownership

Return on Equity

−777,78 %

Current Ratio

Debt-to-Equity Ratio

15,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	501 000	527 000	323 000	109 000
Net Income	−210 000	77 000	34 000	29 000
Total Assets	523 000	833 000	305 000	59 000
Total Equity	27 000	243 000	87 000	53 000

Income (NOK)	2022	2021	2020	2019
Revenue	501 000	527 000	323 000	109 000
Expenditure	713 000	438 000	275 000	79 000
Operating Profit	−212 000	89 000	48 000	29 000
Financial Income	−1 000	0	0	0
Financial Costs	17 000	3 000	4 000	0
Financial Balance	−18 000	−3 000	−4 000	0
Earnings Before Tax	−229 000	87 000	44 000	29 000
Tax	−19 000	10 000	10 000	0
Net Income	−210 000	77 000	34 000	29 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	379 000	650 000	255 000	0
Total Current Assets	144 000	183 000	49 000	59 000
Total Assets	523 000	833 000	305 000	59 000
Total Retained Equity	−3 000	213 000	57 000	23 000
Total Equity	27 000	243 000	87 000	53 000
Total Long-Term Debt	425 000	515 000	187 000	0
Total Current Debt	72 000	75 000	30 000	6 000
Total Equity and Debt	523 000	833 000	305 000	59 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	563 000	401 000	323 000	109 000
Other Income	−62 000	127 000	0	0
Revenue	501 000	527 000	323 000	109 000
Cost of Goods Sold	206 000	47 000	100 000	62 000
Salary Costs	0	0	0	0
Depreciation	134 000	36 000	26 000	0
Impairment	0	0	0	0
Expenditure	713 000	438 000	275 000	79 000
Operating Profit	−212 000	89 000	48 000	29 000
Financial Income	−1 000	0	0	0
Financial Costs	17 000	3 000	4 000	0
Financial Balance	−18 000	−3 000	−4 000	0
Dividends	0	0	0	0
Net Income	−210 000	77 000	34 000	29 000

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	517 000	517 000	77 000	0
Fixtures	−138 000	133 000	178 000	0
Total Tangible Assets	379 000	650 000	255 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	379 000	650 000	255 000	0
Stock	5 000	5 000	5 000	5 000
Total Investments	0	0	0	0
Cash, Bank	89 000	51 000	30 000	46 000
Total Current Assets	144 000	183 000	49 000	59 000
Total Assets	523 000	833 000	305 000	59 000
Total Equity	27 000	243 000	87 000	53 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	425 000	515 000	187 000	0
Creditors	16 000	15 000	24 000	0
Unpaid Taxes	6 000	0	−3 000	6 000
Dividends	0	0	0	0
Other Current Debt	50 000	60 000	0	0
Total Current Debt	72 000	75 000	30 000	6 000
Total Equity and Debt	523 000	833 000	305 000	59 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−777,78 %	31,69 %	39,08 %	54,72 %
Debt-to-Equity Ratio	15,74	2,12	2,15	0
Operating Profit Margin	−42,32 %	16,89 %	14,86 %	26,61 %
Current Ratio	2	2,44	1,63	9,83
Quick Ratio	2,15	2,61	1,96	59
Equity Ratio	0,05	0,29	0,29	0,9
Gross Profit Margin	58,88 %	91,08 %	69,04 %	43,12 %