MIDTLIEN LEIEKJØRING AS

2653 VESTRE GAUSDAL

Finances

Share Ownership

Return on Equity

34,14 %

Current Ratio

0,86

Debt-to-Equity Ratio

0,45

Key figures (NOK)	2022	2021	2020
Revenue	3 514 000	2 251 000	331 000
Net Income	227 000	341 000	67 000
Total Assets	1 320 000	907 000	828 000
Total Equity	665 000	438 000	97 000

Income (NOK)	2022	2021	2020
Revenue	3 514 000	2 251 000	331 000
Expenditure	3 187 000	1 778 000	245 000
Operating Profit	327 000	474 000	85 000
Financial Income	1 000	0	0
Financial Costs	11 000	17 000	0
Financial Balance	−10 000	−17 000	0
Earnings Before Tax	317 000	457 000	85 000
Tax	89 000	116 000	19 000
Net Income	227 000	341 000	67 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 013 000	733 000	493 000
Total Current Assets	307 000	174 000	335 000
Total Assets	1 320 000	907 000	828 000
Total Retained Equity	635 000	408 000	67 000
Total Equity	665 000	438 000	97 000
Total Long-Term Debt	296 000	176 000	583 000
Total Current Debt	359 000	292 000	149 000
Total Equity and Debt	1 320 000	907 000	828 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 308 000	2 154 000	331 000
Other Income	206 000	97 000	0
Revenue	3 514 000	2 251 000	331 000
Cost of Goods Sold	740 000	294 000	39 000
Salary Costs	622 000	271 000	25 000
Depreciation	170 000	139 000	1 000
Impairment	0	0	0
Expenditure	3 187 000	1 778 000	245 000
Operating Profit	327 000	474 000	85 000
Financial Income	1 000	0	0
Financial Costs	11 000	17 000	0
Financial Balance	−10 000	−17 000	0
Dividends	0	0	0
Net Income	227 000	341 000	67 000

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	926 000	733 000	493 000
Fixtures	0	0	0
Total Tangible Assets	926 000	733 000	493 000
Total Fiancial Fixed Assets	87 000	0	0
Total Fixed Assets	1 013 000	733 000	493 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	13 000	9 000	8 000
Total Current Assets	307 000	174 000	335 000
Total Assets	1 320 000	907 000	828 000
Total Equity	665 000	438 000	97 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	296 000	176 000	583 000
Creditors	205 000	137 000	146 000
Unpaid Taxes	18 000	17 000	0
Dividends	0	0	0
Other Current Debt	86 000	40 000	2 000
Total Current Debt	359 000	292 000	149 000
Total Equity and Debt	1 320 000	907 000	828 000

Financial indicators	2022	2021	2020
Return on Equity	34,14 %	77,85 %	69,07 %
Debt-to-Equity Ratio	0,45	0,4	6,01
Operating Profit Margin	9,31 %	21,06 %	25,68 %
Current Ratio	0,86	0,6	2,25
Quick Ratio	0,86	0,6	2,25
Equity Ratio	0,5	0,48	0,12
Gross Profit Margin	78,94 %	86,94 %	88,22 %