MIDTHAGEN I BORETTSLAG

6884 ØVRE ÅRDAL

Finances

Share Ownership

Return on Equity

−12,5 %

Current Ratio

4,08

Debt-to-Equity Ratio

0,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	187 000	185 000	185 000	179 000
Net Income	−10 000	6 000	−3 000	0
Total Assets	160 000	166 000	159 000	142 000
Total Equity	80 000	90 000	84 000	87 000

Income (NOK)	2022	2021	2020	2019
Revenue	187 000	185 000	185 000	179 000
Expenditure	200 000	180 000	189 000	180 000
Operating Profit	−12 000	5 000	−4 000	−2 000
Financial Income	2 000	0	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	2 000	0	1 000	2 000
Earnings Before Tax	−10 000	6 000	−3 000	0
Tax	0	0	0	0
Net Income	−10 000	6 000	−3 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 000	54 000	54 000	54 000
Total Current Assets	106 000	112 000	105 000	88 000
Total Assets	160 000	166 000	159 000	142 000
Total Retained Equity	79 000	89 000	84 000	87 000
Total Equity	80 000	90 000	84 000	87 000
Total Long-Term Debt	54 000	54 000	54 000	54 000
Total Current Debt	26 000	22 000	21 000	1 000
Total Equity and Debt	160 000	166 000	159 000	142 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	187 000	185 000	185 000	179 000
Revenue	187 000	185 000	185 000	179 000
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	200 000	180 000	189 000	180 000
Operating Profit	−12 000	5 000	−4 000	−2 000
Financial Income	2 000	0	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	2 000	0	1 000	2 000
Dividends	0	0	0	0
Net Income	−10 000	6 000	−3 000	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	54 000	54 000	54 000	54 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	54 000	54 000	54 000	54 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	54 000	54 000	54 000	54 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	84 000	90 000	83 000	88 000
Total Current Assets	106 000	112 000	105 000	88 000
Total Assets	160 000	166 000	159 000	142 000
Total Equity	80 000	90 000	84 000	87 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	54 000	54 000	54 000	54 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	26 000	22 000	21 000	1 000
Total Current Debt	26 000	22 000	21 000	1 000
Total Equity and Debt	160 000	166 000	159 000	142 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,5 %	6,67 %	−3,57 %	0 %
Debt-to-Equity Ratio	0,68	0,6	0,64	0,62
Operating Profit Margin	−6,42 %	2,7 %	−2,16 %	−1,12 %
Current Ratio	4,08	5,09	5	88
Quick Ratio	4,08	5,09	5	88
Equity Ratio	0,5	0,54	0,53	0,61
Gross Profit Margin	100 %	100 %	100 %	100 %