MIDT-NORGE INDUSTRIRØNTGEN AS

1481 HAGAN

Finances

Share Ownership

Return on Equity

75,38 %

Current Ratio

1,45

Debt-to-Equity Ratio

0,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 961 000	2 674 000	1 887 000	2 131 000
Net Income	294 000	119 000	195 000	274 000
Total Assets	1 442 000	1 305 000	1 128 000	1 211 000
Total Equity	390 000	446 000	477 000	431 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 961 000	2 674 000	1 887 000	2 131 000
Expenditure	2 576 000	2 503 000	1 629 000	1 779 000
Operating Profit	386 000	171 000	257 000	352 000
Financial Income	7 000	3 000	3 000	4 000
Financial Costs	16 000	20 000	10 000	4 000
Financial Balance	−9 000	−17 000	−7 000	0
Earnings Before Tax	377 000	154 000	251 000	351 000
Tax	83 000	35 000	56 000	77 000
Net Income	294 000	119 000	195 000	274 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	191 000	318 000	379 000	391 000
Total Current Assets	1 251 000	988 000	749 000	820 000
Total Assets	1 442 000	1 305 000	1 128 000	1 211 000
Total Retained Equity	290 000	346 000	377 000	331 000
Total Equity	390 000	446 000	477 000	431 000
Total Long-Term Debt	190 000	321 000	172 000	216 000
Total Current Debt	862 000	539 000	479 000	564 000
Total Equity and Debt	1 442 000	1 305 000	1 128 000	1 211 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 958 000	2 674 000	1 887 000	2 111 000
Other Income	4 000	0	0	20 000
Revenue	2 961 000	2 674 000	1 887 000	2 131 000
Cost of Goods Sold	55 000	5 000	36 000	232 000
Salary Costs	1 579 000	1 370 000	903 000	1 030 000
Depreciation	144 000	136 000	101 000	74 000
Impairment	0	0	0	0
Expenditure	2 576 000	2 503 000	1 629 000	1 779 000
Operating Profit	386 000	171 000	257 000	352 000
Financial Income	7 000	3 000	3 000	4 000
Financial Costs	16 000	20 000	10 000	4 000
Financial Balance	−9 000	−17 000	−7 000	0
Dividends	350 000	150 000	150 000	200 000
Net Income	294 000	119 000	195 000	274 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	24 000	9 000	1 000	5 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	51 000	108 000	89 000	46 000
Fixtures	105 000	178 000	252 000	329 000
Total Tangible Assets	156 000	286 000	341 000	374 000
Total Fiancial Fixed Assets	11 000	23 000	36 000	11 000
Total Fixed Assets	191 000	318 000	379 000	391 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	970 000	794 000	513 000	626 000
Total Current Assets	1 251 000	988 000	749 000	820 000
Total Assets	1 442 000	1 305 000	1 128 000	1 211 000
Total Equity	390 000	446 000	477 000	431 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	190 000	321 000	172 000	216 000
Creditors	43 000	14 000	62 000	46 000
Unpaid Taxes	182 000	180 000	94 000	132 000
Dividends	350 000	150 000	150 000	200 000
Other Current Debt	190 000	152 000	122 000	119 000
Total Current Debt	862 000	539 000	479 000	564 000
Total Equity and Debt	1 442 000	1 305 000	1 128 000	1 211 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75,38 %	26,68 %	40,88 %	63,57 %
Debt-to-Equity Ratio	0,49	0,72	0,36	0,5
Operating Profit Margin	13,04 %	6,39 %	13,62 %	16,52 %
Current Ratio	1,45	1,83	1,56	1,45
Quick Ratio	1,45	1,83	1,56	1,45
Equity Ratio	0,27	0,34	0,42	0,36
Gross Profit Margin	98,14 %	99,81 %	98,09 %	89,11 %