MIDT-NORGE MASKINSENTER AS

7080 HEIMDAL

Finances

Return on Equity

11,5 %

Current Ratio

1,17

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	603 871 000	552 179 000	535 538 000	506 654 000
Net Income	6 198 000	15 217 000	15 631 000	10 959 000
Total Assets	359 516 000	319 523 000	251 414 000	272 834 000
Total Equity	53 919 000	47 929 000	40 641 000	30 010 000

Income (NOK)	2022	2021	2020	2019
Revenue	603 871 000	552 179 000	535 538 000	506 654 000
Expenditure	590 217 000	529 788 000	512 614 000	488 333 000
Operating Profit	13 654 000	22 392 000	22 924 000	18 321 000
Financial Income	−216 000	594 000	497 000	402 000
Financial Costs	5 489 000	3 466 000	3 363 000	4 241 000
Financial Balance	−5 705 000	−2 872 000	−2 866 000	−3 839 000
Earnings Before Tax	7 949 000	19 520 000	20 059 000	14 482 000
Tax	1 751 000	4 303 000	4 428 000	3 523 000
Net Income	6 198 000	15 217 000	15 631 000	10 959 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 083 000	12 448 000	9 249 000	3 961 000
Total Current Assets	351 433 000	307 074 000	242 164 000	268 873 000
Total Assets	359 516 000	319 523 000	251 414 000	272 834 000
Total Retained Equity	50 756 000	44 766 000	37 478 000	26 847 000
Total Equity	53 919 000	47 929 000	40 641 000	30 010 000
Total Long-Term Debt	4 035 000	3 368 000	0	0
Total Current Debt	301 562 000	268 225 000	210 773 000	242 824 000
Total Equity and Debt	359 516 000	319 523 000	251 414 000	272 834 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	592 887 000	537 946 000	523 819 000	495 601 000
Other Income	10 984 000	14 233 000	11 719 000	11 053 000
Revenue	603 871 000	552 179 000	535 538 000	506 654 000
Cost of Goods Sold	472 698 000	420 662 000	416 351 000	394 896 000
Salary Costs	72 254 000	68 027 000	57 466 000	57 698 000
Depreciation	1 917 000	1 711 000	1 235 000	962 000
Impairment	0	0	0	0
Expenditure	590 217 000	529 788 000	512 614 000	488 333 000
Operating Profit	13 654 000	22 392 000	22 924 000	18 321 000
Financial Income	−216 000	594 000	497 000	402 000
Financial Costs	5 489 000	3 466 000	3 363 000	4 241 000
Financial Balance	−5 705 000	−2 872 000	−2 866 000	−3 839 000
Dividends	0	7 697 000	0	0
Net Income	6 198 000	15 217 000	15 631 000	10 959 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	431 000	736 000	1 348 000	2 064 000
Total Intangible Assets	1 167 000	1 274 000	1 954 000	2 450 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	690 000	374 000	471 000	338 000
Fixtures	5 854 000	5 893 000	2 017 000	1 173 000
Total Tangible Assets	6 544 000	6 266 000	2 488 000	1 510 000
Total Fiancial Fixed Assets	372 000	4 908 000	4 808 000	0
Total Fixed Assets	8 083 000	12 448 000	9 249 000	3 961 000
Stock	235 839 000	207 751 000	171 914 000	175 758 000
Total Investments	0	0	0	0
Cash, Bank	2 767 000	2 624 000	2 568 000	2 306 000
Total Current Assets	351 433 000	307 074 000	242 164 000	268 873 000
Total Assets	359 516 000	319 523 000	251 414 000	272 834 000
Total Equity	53 919 000	47 929 000	40 641 000	30 010 000
Short-Term Group Debt	8 037 000	8 101 000	104 000	2 813 000
Total Long-Term Debt	4 035 000	3 368 000	0	0
Creditors	160 020 000	133 424 000	111 188 000	126 941 000
Unpaid Taxes	4 456 000	8 954 000	4 998 000	7 285 000
Dividends	0	7 697 000	0	0
Other Current Debt	11 326 000	11 507 000	7 815 000	22 841 000
Total Current Debt	301 562 000	268 225 000	210 773 000	242 824 000
Total Equity and Debt	359 516 000	319 523 000	251 414 000	272 834 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,5 %	31,75 %	38,46 %	36,52 %
Debt-to-Equity Ratio	0,07	0,07	0	0
Operating Profit Margin	2,26 %	4,06 %	4,28 %	3,62 %
Current Ratio	1,17	1,14	1,15	1,11
Quick Ratio	5,35	5,08	6,23	4,01
Equity Ratio	0,15	0,15	0,16	0,11
Gross Profit Margin	21,72 %	23,82 %	22,26 %	22,06 %