MIDTHAGEN BORETTSLAG

6884 ØVRE ÅRDAL

Finances

Share Ownership

Return on Equity

N/A

Current Ratio

N/A

Debt-to-Equity Ratio

N/A

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 228 000	1 108 000	1 065 000	867 000
Net Income	−258 000	346 000	−7 150 000	342 000
Total Assets	0	2 832 000	2 870 000	1 900 000
Total Equity	0	−9 009 000	−9 355 000	−2 205 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 228 000	1 108 000	1 065 000	867 000
Expenditure	1 871 000	579 000	8 070 000	412 000
Operating Profit	357 000	529 000	−7 005 000	455 000
Financial Income	66 000	9 000	10 000	11 000
Financial Costs	681 000	192 000	154 000	124 000
Financial Balance	−615 000	−183 000	−144 000	−113 000
Earnings Before Tax	−258 000	346 000	−7 150 000	342 000
Tax	0	0	0	0
Net Income	−258 000	346 000	−7 150 000	342 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	1 166 000	1 150 000	1 150 000
Total Current Assets	1 666 000	1 721 000	750 000
Total Assets	2 832 000	2 870 000	1 900 000
Total Retained Equity	−9 011 000	−9 357 000	−2 207 000
Total Equity	−9 009 000	−9 355 000	−2 205 000
Total Long-Term Debt	11 758 000	12 018 000	4 092 000
Total Current Debt	83 000	207 000	13 000
Total Equity and Debt	2 832 000	2 870 000	1 900 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 228 000	1 108 000	1 065 000	867 000
Revenue	2 228 000	1 108 000	1 065 000	867 000
Cost of Goods Sold	0	0	0	0
Salary Costs	49 000	24 000	24 000	11 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 871 000	579 000	8 070 000	412 000
Operating Profit	357 000	529 000	−7 005 000	455 000
Financial Income	66 000	9 000	10 000	11 000
Financial Costs	681 000	192 000	154 000	124 000
Financial Balance	−615 000	−183 000	−144 000	−113 000
Dividends	0	0	0	0
Net Income	−258 000	346 000	−7 150 000	342 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	1 073 000	1 073 000	1 073 000
Machinery and Plant Facilities	0	0	0
Fixtures	93 000	77 000	77 000
Total Tangible Assets	1 166 000	1 150 000	1 150 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 166 000	1 150 000	1 150 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 614 000	1 665 000	750 000
Total Current Assets	1 666 000	1 721 000	750 000
Total Assets	2 832 000	2 870 000	1 900 000
Total Equity	−9 009 000	−9 355 000	−2 205 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	11 758 000	12 018 000	4 092 000
Creditors	0	0	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	83 000	207 000	13 000
Total Current Debt	83 000	207 000	13 000
Total Equity and Debt	2 832 000	2 870 000	1 900 000

Financial indicators	2022	2021	2020	2019
Return on Equity	-	−3,84 %	76,43 %	−15,51 %
Debt-to-Equity Ratio	-	−1,31	−1,28	−1,86
Operating Profit Margin	16,02 %	47,74 %	−657,75 %	52,48 %
Current Ratio	-	20,07	8,31	57,69
Quick Ratio	-	20,07	8,31	57,69
Equity Ratio	-	−3,18	−3,26	−1,16
Gross Profit Margin	100 %	100 %	100 %	100 %