MIDSUND GJESTESTOVE AS

6475 MIDSUND

Finances

Share Ownership

Return on Equity

16,33 %

Current Ratio

0,14

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	3 313 000	3 223 000	2 623 000
Net Income	−225 000	−576 000	−667 000
Total Assets	695 000	815 000	812 000
Total Equity	−1 378 000	−1 153 000	−577 000

Income (NOK)	2022	2021	2020
Revenue	3 313 000	3 223 000	2 623 000
Expenditure	3 508 000	3 774 000	3 277 000
Operating Profit	−195 000	−550 000	−654 000
Financial Income	0	0	0
Financial Costs	30 000	25 000	13 000
Financial Balance	−30 000	−25 000	−13 000
Earnings Before Tax	−225 000	−576 000	−667 000
Tax	0	0	0
Net Income	−225 000	−576 000	−667 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	397 000	501 000	381 000
Total Current Assets	298 000	314 000	431 000
Total Assets	695 000	815 000	812 000
Total Retained Equity	−1 467 000	−1 243 000	−667 000
Total Equity	−1 378 000	−1 153 000	−577 000
Total Long-Term Debt	0	0	0
Total Current Debt	2 073 000	1 968 000	1 389 000
Total Equity and Debt	695 000	815 000	812 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 113 000	2 863 000	2 426 000
Other Income	200 000	360 000	197 000
Revenue	3 313 000	3 223 000	2 623 000
Cost of Goods Sold	969 000	974 000	936 000
Salary Costs	1 151 000	1 346 000	1 267 000
Depreciation	105 000	97 000	40 000
Impairment	0	0	0
Expenditure	3 508 000	3 774 000	3 277 000
Operating Profit	−195 000	−550 000	−654 000
Financial Income	0	0	0
Financial Costs	30 000	25 000	13 000
Financial Balance	−30 000	−25 000	−13 000
Dividends	0	0	0
Net Income	−225 000	−576 000	−667 000

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	396 000	501 000	381 000
Total Tangible Assets	396 000	501 000	381 000
Total Fiancial Fixed Assets	2 000	0	0
Total Fixed Assets	397 000	501 000	381 000
Stock	151 000	151 000	71 000
Total Investments	0	0	0
Cash, Bank	36 000	73 000	7 000
Total Current Assets	298 000	314 000	431 000
Total Assets	695 000	815 000	812 000
Total Equity	−1 378 000	−1 153 000	−577 000
Short-Term Group Debt	551 000	410 000	391 000
Total Long-Term Debt	0	0	0
Creditors	99 000	94 000	211 000
Unpaid Taxes	119 000	142 000	119 000
Dividends	0	0	0
Other Current Debt	1 305 000	1 134 000	550 000
Total Current Debt	2 073 000	1 968 000	1 389 000
Total Equity and Debt	695 000	815 000	812 000

Financial indicators	2022	2021	2020
Return on Equity	16,33 %	49,96 %	115,6 %
Debt-to-Equity Ratio	−0	−0	−0
Operating Profit Margin	−5,89 %	−17,06 %	−24,93 %
Current Ratio	0,14	0,16	0,31
Quick Ratio	0,16	0,17	0,33
Equity Ratio	−1,98	−1,41	−0,71
Gross Profit Margin	70,75 %	69,78 %	64,32 %