MIDT-NORSK BETONG AS

7652 VERDAL

Finances

Return on Equity

8,31 %

Current Ratio

3,17

Debt-to-Equity Ratio

0,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	57 266 000	60 408 000	62 860 000	63 203 000
Net Income	2 701 000	6 249 000	6 407 000	2 522 000
Total Assets	51 742 000	51 859 000	50 527 000	46 652 000
Total Equity	32 521 000	29 820 000	23 570 000	20 384 000

Income (NOK)	2022	2021	2020	2019
Revenue	57 266 000	60 408 000	62 860 000	63 203 000
Expenditure	53 318 000	52 294 000	54 054 000	59 238 000
Operating Profit	3 949 000	8 113 000	8 807 000	3 965 000
Financial Income	67 000	383 000	13 000	19 000
Financial Costs	514 000	481 000	598 000	737 000
Financial Balance	−447 000	−98 000	−585 000	−718 000
Earnings Before Tax	3 503 000	8 015 000	8 221 000	3 247 000
Tax	802 000	1 766 000	1 814 000	725 000
Net Income	2 701 000	6 249 000	6 407 000	2 522 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 621 000	24 629 000	26 480 000	30 453 000
Total Current Assets	24 121 000	27 230 000	24 047 000	16 199 000
Total Assets	51 742 000	51 859 000	50 527 000	46 652 000
Total Retained Equity	1 347 000	25 160 000	18 910 000	15 724 000
Total Equity	32 521 000	29 820 000	23 570 000	20 384 000
Total Long-Term Debt	11 620 000	13 600 000	15 526 000	17 665 000
Total Current Debt	7 601 000	8 439 000	11 431 000	8 603 000
Total Equity and Debt	51 742 000	51 859 000	50 527 000	46 652 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	56 774 000	60 339 000	61 469 000	62 959 000
Other Income	492 000	69 000	1 391 000	244 000
Revenue	57 266 000	60 408 000	62 860 000	63 203 000
Cost of Goods Sold	26 281 000	28 081 000	27 105 000	28 291 000
Salary Costs	12 973 000	12 491 000	13 935 000	14 658 000
Depreciation	1 651 000	1 735 000	1 776 000	1 825 000
Impairment	0	0	0	0
Expenditure	53 318 000	52 294 000	54 054 000	59 238 000
Operating Profit	3 949 000	8 113 000	8 807 000	3 965 000
Financial Income	67 000	383 000	13 000	19 000
Financial Costs	514 000	481 000	598 000	737 000
Financial Balance	−447 000	−98 000	−585 000	−718 000
Dividends	0	0	3 221 000	1 261 000
Net Income	2 701 000	6 249 000	6 407 000	2 522 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	24 123 000	21 532 000	22 391 000	23 267 000
Machinery and Plant Facilities	2 538 000	2 492 000	3 212 000	6 226 000
Fixtures	412 000	396 000	530 000	613 000
Total Tangible Assets	27 073 000	24 419 000	26 133 000	30 106 000
Total Fiancial Fixed Assets	547 000	210 000	347 000	347 000
Total Fixed Assets	27 621 000	24 629 000	26 480 000	30 453 000
Stock	11 194 000	10 793 000	10 265 000	9 648 000
Total Investments	0	0	0	0
Cash, Bank	4 861 000	10 210 000	8 997 000	588 000
Total Current Assets	24 121 000	27 230 000	24 047 000	16 199 000
Total Assets	51 742 000	51 859 000	50 527 000	46 652 000
Total Equity	32 521 000	29 820 000	23 570 000	20 384 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 620 000	13 600 000	15 526 000	17 665 000
Creditors	3 890 000	3 461 000	3 334 000	3 887 000
Unpaid Taxes	1 478 000	1 633 000	1 501 000	1 404 000
Dividends	0	0	3 221 000	1 261 000
Other Current Debt	1 408 000	1 611 000	1 378 000	1 415 000
Total Current Debt	7 601 000	8 439 000	11 431 000	8 603 000
Total Equity and Debt	51 742 000	51 859 000	50 527 000	46 652 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,31 %	20,96 %	27,18 %	12,37 %
Debt-to-Equity Ratio	0,36	0,46	0,66	0,87
Operating Profit Margin	6,9 %	13,43 %	14,01 %	6,27 %
Current Ratio	3,17	3,23	2,1	1,88
Quick Ratio	−6,71	−11,57	20,62	−15,5
Equity Ratio	0,63	0,58	0,47	0,44
Gross Profit Margin	54,11 %	53,51 %	56,88 %	55,24 %