MIDTGARD EIGEDOM AS

5700 VOSS

Finances

Share Ownership

Return on Equity

31,63 %

Current Ratio

1,44

Debt-to-Equity Ratio

0,39

Key figures (NOK)	2022	2021	2020
Revenue	1 116 000	1 049 000	981 000
Net Income	427 000	505 000	680 000
Total Assets	2 598 000	2 748 000	2 386 000
Total Equity	1 350 000	1 423 000	1 636 000

Income (NOK)	2022	2021	2020
Revenue	1 116 000	1 049 000	981 000
Expenditure	569 000	401 000	113 000
Operating Profit	546 000	648 000	867 000
Financial Income	2 000	0	0
Financial Costs	0	0	0
Financial Balance	2 000	0	0
Earnings Before Tax	547 000	648 000	867 000
Tax	120 000	143 000	188 000
Net Income	427 000	505 000	680 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 555 000	1 537 000	1 482 000
Total Current Assets	1 043 000	1 212 000	904 000
Total Assets	2 598 000	2 748 000	2 386 000
Total Retained Equity	1 193 000	1 266 000	480 000
Total Equity	1 350 000	1 423 000	1 636 000
Total Long-Term Debt	525 000	547 000	348 000
Total Current Debt	723 000	778 000	402 000
Total Equity and Debt	2 598 000	2 748 000	2 386 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 116 000	1 049 000	981 000
Other Income	0	0	0
Revenue	1 116 000	1 049 000	981 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	32 000	31 000	30 000
Impairment	0	0	0
Expenditure	569 000	401 000	113 000
Operating Profit	546 000	648 000	867 000
Financial Income	2 000	0	0
Financial Costs	0	0	0
Financial Balance	2 000	0	0
Dividends	500 000	600 000	200 000
Net Income	427 000	505 000	680 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	35 000	63 000	0
Real Eastate	1 520 000	1 473 000	1 482 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	1 520 000	1 473 000	1 482 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 555 000	1 537 000	1 482 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	951 000	1 200 000	723 000
Total Current Assets	1 043 000	1 212 000	904 000
Total Assets	2 598 000	2 748 000	2 386 000
Total Equity	1 350 000	1 423 000	1 636 000
Short-Term Group Debt	500 000	600 000	200 000
Total Long-Term Debt	525 000	547 000	348 000
Creditors	112 000	8 000	2 000
Unpaid Taxes	0	30 000	12 000
Dividends	500 000	600 000	200 000
Other Current Debt	18 000	26 000	0
Total Current Debt	723 000	778 000	402 000
Total Equity and Debt	2 598 000	2 748 000	2 386 000

Financial indicators	2022	2021	2020
Return on Equity	31,63 %	35,49 %	41,56 %
Debt-to-Equity Ratio	0,39	0,38	0,21
Operating Profit Margin	48,92 %	61,77 %	88,38 %
Current Ratio	1,44	1,56	2,25
Quick Ratio	1,44	1,56	2,25
Equity Ratio	0,52	0,52	0,69
Gross Profit Margin	100 %	100 %	100 %