MIDT NORGE BIL SNÅSA AS

7760 SNÅSA

Finances

Share Ownership

Return on Equity

17,52 %

Current Ratio

4,19

Debt-to-Equity Ratio

0,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 324 000	4 181 000	3 548 000	2 714 000
Net Income	349 000	391 000	377 000	−60 000
Total Assets	3 307 000	3 387 000	3 034 000	2 574 000
Total Equity	1 992 000	1 643 000	1 252 000	875 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 324 000	4 181 000	3 548 000	2 714 000
Expenditure	2 797 000	3 601 000	2 986 000	2 685 000
Operating Profit	527 000	580 000	562 000	29 000
Financial Income	1 000	4 000	11 000	14 000
Financial Costs	81 000	83 000	104 000	107 000
Financial Balance	−80 000	−79 000	−93 000	−93 000
Earnings Before Tax	448 000	501 000	469 000	−63 000
Tax	98 000	110 000	92 000	−3 000
Net Income	349 000	391 000	377 000	−60 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 603 000	1 694 000	1 785 000	1 876 000
Total Current Assets	1 704 000	1 693 000	1 249 000	698 000
Total Assets	3 307 000	3 387 000	3 034 000	2 574 000
Total Retained Equity	1 572 000	1 223 000	832 000	455 000
Total Equity	1 992 000	1 643 000	1 252 000	875 000
Total Long-Term Debt	908 000	1 034 000	1 156 000	1 272 000
Total Current Debt	407 000	710 000	626 000	427 000
Total Equity and Debt	3 307 000	3 387 000	3 034 000	2 574 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 323 000	4 180 000	3 548 000	2 713 000
Other Income	0	1 000	1 000	1 000
Revenue	3 324 000	4 181 000	3 548 000	2 714 000
Cost of Goods Sold	1 306 000	1 541 000	1 459 000	1 254 000
Salary Costs	913 000	1 471 000	951 000	959 000
Depreciation	91 000	91 000	91 000	93 000
Impairment	0	0	0	0
Expenditure	2 797 000	3 601 000	2 986 000	2 685 000
Operating Profit	527 000	580 000	562 000	29 000
Financial Income	1 000	4 000	11 000	14 000
Financial Costs	81 000	83 000	104 000	107 000
Financial Balance	−80 000	−79 000	−93 000	−93 000
Dividends	0	0	0	0
Net Income	349 000	391 000	377 000	−60 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 555 000	1 626 000	1 697 000	1 768 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	48 000	68 000	88 000	108 000
Total Tangible Assets	1 603 000	1 694 000	1 785 000	1 876 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 603 000	1 694 000	1 785 000	1 876 000
Stock	176 000	300 000	302 000	197 000
Total Investments	0	0	0	0
Cash, Bank	1 190 000	949 000	257 000	30 000
Total Current Assets	1 704 000	1 693 000	1 249 000	698 000
Total Assets	3 307 000	3 387 000	3 034 000	2 574 000
Total Equity	1 992 000	1 643 000	1 252 000	875 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	908 000	1 034 000	1 156 000	1 272 000
Creditors	85 000	125 000	201 000	99 000
Unpaid Taxes	131 000	197 000	156 000	73 000
Dividends	0	0	0	0
Other Current Debt	93 000	282 000	188 000	127 000
Total Current Debt	407 000	710 000	626 000	427 000
Total Equity and Debt	3 307 000	3 387 000	3 034 000	2 574 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,52 %	23,8 %	30,11 %	−6,86 %
Debt-to-Equity Ratio	0,46	0,63	0,92	1,45
Operating Profit Margin	15,85 %	13,87 %	15,84 %	1,07 %
Current Ratio	4,19	2,38	2	1,63
Quick Ratio	7,38	4,13	3,85	3,03
Equity Ratio	0,6	0,49	0,41	0,34
Gross Profit Margin	60,71 %	63,14 %	58,88 %	53,8 %