MIDTÅSEN AS

3208 SANDEFJORD

Finances

Share Ownership

Return on Equity

1,78 %

Current Ratio

1,57

Debt-to-Equity Ratio

0,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 517 000	1 538 000	1 576 000	1 776 000
Net Income	122 000	−117 000	−59 000	−138 000
Total Assets	11 732 000	11 720 000	12 135 000	13 415 000
Total Equity	6 860 000	6 738 000	6 854 000	6 913 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 517 000	1 538 000	1 576 000	1 776 000
Expenditure	1 300 000	1 595 000	1 573 000	1 855 000
Operating Profit	217 000	−57 000	3 000	−80 000
Financial Income	15 000	4 000	15 000	42 000
Financial Costs	110 000	63 000	77 000	100 000
Financial Balance	−95 000	−59 000	−62 000	−58 000
Earnings Before Tax	122 000	−117 000	−59 000	−138 000
Tax	0	0	0	0
Net Income	122 000	−117 000	−59 000	−138 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 786 000	8 996 000	9 205 000	9 415 000
Total Current Assets	2 946 000	2 724 000	2 930 000	4 000 000
Total Assets	11 732 000	11 720 000	12 135 000	13 415 000
Total Retained Equity	0	0	0	0
Total Equity	6 860 000	6 738 000	6 854 000	6 913 000
Total Long-Term Debt	3 000 000	3 000 000	3 000 000	3 000 000
Total Current Debt	1 873 000	1 982 000	2 281 000	3 502 000
Total Equity and Debt	11 732 000	11 720 000	12 135 000	13 415 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 517 000	1 538 000	1 576 000	1 776 000
Revenue	1 517 000	1 538 000	1 576 000	1 776 000
Cost of Goods Sold	0	0	0	0
Salary Costs	377 000	382 000	368 000	358 000
Depreciation	210 000	210 000	210 000	210 000
Impairment	0	0	0	0
Expenditure	1 300 000	1 595 000	1 573 000	1 855 000
Operating Profit	217 000	−57 000	3 000	−80 000
Financial Income	15 000	4 000	15 000	42 000
Financial Costs	110 000	63 000	77 000	100 000
Financial Balance	−95 000	−59 000	−62 000	−58 000
Dividends	0	0	0	0
Net Income	122 000	−117 000	−59 000	−138 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 200 000	8 200 000	8 200 000	8 200 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	586 000	796 000	1 005 000	1 215 000
Total Tangible Assets	8 786 000	8 996 000	9 205 000	9 415 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 786 000	8 996 000	9 205 000	9 415 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 876 000	2 593 000	2 732 000	3 590 000
Total Current Assets	2 946 000	2 724 000	2 930 000	4 000 000
Total Assets	11 732 000	11 720 000	12 135 000	13 415 000
Total Equity	6 860 000	6 738 000	6 854 000	6 913 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000 000	3 000 000	3 000 000	3 000 000
Creditors	55 000	106 000	68 000	883 000
Unpaid Taxes	59 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 758 000	1 876 000	2 213 000	2 619 000
Total Current Debt	1 873 000	1 982 000	2 281 000	3 502 000
Total Equity and Debt	11 732 000	11 720 000	12 135 000	13 415 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,78 %	−1,74 %	−0,86 %	−2 %
Debt-to-Equity Ratio	0,44	0,45	0,44	0,43
Operating Profit Margin	14,3 %	−3,71 %	0,19 %	−4,5 %
Current Ratio	1,57	1,37	1,28	1,14
Quick Ratio	1,57	1,37	1,28	1,14
Equity Ratio	0,58	0,57	0,56	0,52
Gross Profit Margin	100 %	100 %	100 %	100 %