MIDTUN DRIFT AS

3340 ÅMOT

Finances

Share Ownership

Return on Equity

33,49 %

Current Ratio

4,42

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020
Revenue	1 079 000	1 191 000	1 590 000
Net Income	215 000	31 000	366 000
Total Assets	958 000	843 000	995 000
Total Equity	642 000	428 000	396 000

Income (NOK)	2022	2021	2020
Revenue	1 079 000	1 191 000	1 590 000
Expenditure	799 000	1 151 000	1 119 000
Operating Profit	281 000	40 000	470 000
Financial Income	0	2 000	0
Financial Costs	6 000	1 000	0
Financial Balance	−6 000	1 000	0
Earnings Before Tax	275 000	41 000	470 000
Tax	61 000	9 000	104 000
Net Income	215 000	31 000	366 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	273 000	437 000	352 000
Total Current Assets	685 000	406 000	644 000
Total Assets	958 000	843 000	995 000
Total Retained Equity	612 000	398 000	366 000
Total Equity	642 000	428 000	396 000
Total Long-Term Debt	161 000	323 000	248 000
Total Current Debt	155 000	92 000	351 000
Total Equity and Debt	958 000	843 000	995 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 079 000	1 191 000	1 590 000
Other Income	0	0	0
Revenue	1 079 000	1 191 000	1 590 000
Cost of Goods Sold	272 000	616 000	680 000
Salary Costs	25 000	14 000	165 000
Depreciation	75 000	69 000	44 000
Impairment	0	0	0
Expenditure	799 000	1 151 000	1 119 000
Operating Profit	281 000	40 000	470 000
Financial Income	0	2 000	0
Financial Costs	6 000	1 000	0
Financial Balance	−6 000	1 000	0
Dividends	0	0	0
Net Income	215 000	31 000	366 000

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	0	0	0
Fixtures	273 000	314 000	352 000
Total Tangible Assets	273 000	314 000	352 000
Total Fiancial Fixed Assets	0	123 000	0
Total Fixed Assets	273 000	437 000	352 000
Stock	175 000	0	0
Total Investments	0	0	0
Cash, Bank	132 000	27 000	70 000
Total Current Assets	685 000	406 000	644 000
Total Assets	958 000	843 000	995 000
Total Equity	642 000	428 000	396 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	161 000	323 000	248 000
Creditors	41 000	25 000	226 000
Unpaid Taxes	35 000	14 000	2 000
Dividends	0	0	0
Other Current Debt	16 000	43 000	27 000
Total Current Debt	155 000	92 000	351 000
Total Equity and Debt	958 000	843 000	995 000

Financial indicators	2022	2021	2020
Return on Equity	33,49 %	7,24 %	92,42 %
Debt-to-Equity Ratio	0,25	0,75	0,63
Operating Profit Margin	26,04 %	3,36 %	29,56 %
Current Ratio	4,42	4,41	1,83
Quick Ratio	−34,25	4,41	1,83
Equity Ratio	0,67	0,51	0,4
Gross Profit Margin	74,79 %	48,28 %	57,23 %