MIDT-TELEMARK NÆRINGSEIENDOM AS

3820 NORDAGUTU

Finances

Share Ownership

Return on Equity

−3,44 %

Current Ratio

0,4

Debt-to-Equity Ratio

4,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	292 000	292 000	292 000	0
Net Income	−34 000	306 000	76 000	−5 000
Total Assets	6 218 000	3 129 000	5 574 000	4 285 000
Total Equity	989 000	1 023 000	717 000	846 000

Income (NOK)	2022	2021	2020	2019
Revenue	292 000	292 000	292 000	0
Expenditure	204 000	125 000	169 000	9 000
Operating Profit	89 000	167 000	123 000	−9 000
Financial Income	1 000	306 000	0	0
Financial Costs	133 000	81 000	26 000	0
Financial Balance	−132 000	225 000	−26 000	0
Earnings Before Tax	−44 000	392 000	98 000	−9 000
Tax	−10 000	86 000	22 000	−3 000
Net Income	−34 000	306 000	76 000	−5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 023 000	2 792 000	5 455 000	937 000
Total Current Assets	195 000	336 000	120 000	3 349 000
Total Assets	6 218 000	3 129 000	5 574 000	4 285 000
Total Retained Equity	959 000	993 000	687 000	816 000
Total Equity	989 000	1 023 000	717 000	846 000
Total Long-Term Debt	4 742 000	1 536 000	4 534 000	85 000
Total Current Debt	488 000	570 000	323 000	3 355 000
Total Equity and Debt	6 218 000	3 129 000	5 574 000	4 285 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	292 000	292 000	292 000	0
Revenue	292 000	292 000	292 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	26 000	26 000	26 000	9 000
Impairment	0	0	0	0
Expenditure	204 000	125 000	169 000	9 000
Operating Profit	89 000	167 000	123 000	−9 000
Financial Income	1 000	306 000	0	0
Financial Costs	133 000	81 000	26 000	0
Financial Balance	−132 000	225 000	−26 000	0
Dividends	0	0	0	0
Net Income	−34 000	306 000	76 000	−5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 198 000	885 000	3 848 000	937 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 198 000	885 000	3 848 000	937 000
Total Fiancial Fixed Assets	1 826 000	1 907 000	1 607 000	0
Total Fixed Assets	6 023 000	2 792 000	5 455 000	937 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	195 000	233 000	120 000	0
Total Current Assets	195 000	336 000	120 000	3 349 000
Total Assets	6 218 000	3 129 000	5 574 000	4 285 000
Total Equity	989 000	1 023 000	717 000	846 000
Short-Term Group Debt	394 000	444 000	264 000	3 258 000
Total Long-Term Debt	4 742 000	1 536 000	4 534 000	85 000
Creditors	37 000	14 000	9 000	6 000
Unpaid Taxes	52 000	24 000	18 000	18 000
Dividends	0	0	0	0
Other Current Debt	5 000	4 000	7 000	73 000
Total Current Debt	488 000	570 000	323 000	3 355 000
Total Equity and Debt	6 218 000	3 129 000	5 574 000	4 285 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,44 %	29,91 %	10,6 %	−0,59 %
Debt-to-Equity Ratio	4,79	1,5	6,32	0,1
Operating Profit Margin	30,48 %	57,19 %	42,12 %	-
Current Ratio	0,4	0,59	0,37	1
Quick Ratio	0,4	0,59	0,37	1
Equity Ratio	0,16	0,33	0,13	0,2
Gross Profit Margin	100 %	100 %	100 %	-