MIDGARD INVESTMENT AS

6929 HERSVIKBYGDA

Finances

Share Ownership

Return on Equity

24,41 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	44 000	0	0	0
Net Income	31 000	−16 000	−18 000	−24 000
Total Assets	968 000	968 000	745 000	809 000
Total Equity	127 000	96 000	112 000	130 000

Income (NOK)	2022	2021	2020	2019
Revenue	44 000	0	0	0
Expenditure	13 000	16 000	18 000	24 000
Operating Profit	31 000	−16 000	−18 000	−24 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	31 000	−16 000	−18 000	−24 000
Tax	0	0	0	0
Net Income	31 000	−16 000	−18 000	−24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	968 000	968 000	744 000	744 000
Total Current Assets	0	1 000	0	64 000
Total Assets	968 000	968 000	745 000	809 000
Total Retained Equity	27 000	−4 000	12 000	30 000
Total Equity	127 000	96 000	112 000	130 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	841 000	873 000	633 000	678 000
Total Equity and Debt	968 000	968 000	745 000	809 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	44 000	0	0	0
Revenue	44 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	13 000	16 000	18 000	24 000
Operating Profit	31 000	−16 000	−18 000	−24 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	31 000	−16 000	−18 000	−24 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	968 000	968 000	744 000	744 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	968 000	968 000	744 000	744 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	968 000	968 000	744 000	744 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	1 000	0	64 000
Total Current Assets	0	1 000	0	64 000
Total Assets	968 000	968 000	745 000	809 000
Total Equity	127 000	96 000	112 000	130 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	841 000	873 000	633 000	678 000
Total Current Debt	841 000	873 000	633 000	678 000
Total Equity and Debt	968 000	968 000	745 000	809 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,41 %	−16,67 %	−16,07 %	−18,46 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	70,45 %	-	-	-
Current Ratio	0	0	0	0,09
Quick Ratio	0	0	0	0,09
Equity Ratio	0,13	0,1	0,15	0,16
Gross Profit Margin	100 %	-	-	-