MIDTUN VEKST AS

5228 NESTTUN

Finances

Share Ownership

Return on Equity

3,03 %

Current Ratio

6,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 535 000	12 099 000	11 847 000	10 885 000
Net Income	458 000	706 000	1 103 000	476 000
Total Assets	17 105 000	16 354 000	15 512 000	14 608 000
Total Equity	15 138 000	14 681 000	13 975 000	12 872 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 535 000	12 099 000	11 847 000	10 885 000
Expenditure	12 150 000	11 433 000	10 801 000	10 453 000
Operating Profit	385 000	666 000	1 047 000	432 000
Financial Income	73 000	39 000	58 000	45 000
Financial Costs	0	0	2 000	2 000
Financial Balance	73 000	39 000	56 000	43 000
Earnings Before Tax	458 000	706 000	1 103 000	476 000
Tax	0	0	0	0
Net Income	458 000	706 000	1 103 000	476 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 853 000	5 194 000	5 549 000	5 611 000
Total Current Assets	12 253 000	11 159 000	9 963 000	8 997 000
Total Assets	17 105 000	16 354 000	15 512 000	14 608 000
Total Retained Equity	15 038 000	14 581 000	13 875 000	12 772 000
Total Equity	15 138 000	14 681 000	13 975 000	12 872 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 967 000	1 673 000	1 537 000	1 736 000
Total Equity and Debt	17 105 000	16 354 000	15 512 000	14 608 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 586 000	3 252 000	2 921 000	3 353 000
Other Income	8 949 000	8 848 000	8 926 000	7 532 000
Revenue	12 535 000	12 099 000	11 847 000	10 885 000
Cost of Goods Sold	1 629 000	1 502 000	1 188 000	1 477 000
Salary Costs	8 507 000	8 071 000	7 266 000	6 761 000
Depreciation	436 000	423 000	392 000	382 000
Impairment	0	0	0	0
Expenditure	12 150 000	11 433 000	10 801 000	10 453 000
Operating Profit	385 000	666 000	1 047 000	432 000
Financial Income	73 000	39 000	58 000	45 000
Financial Costs	0	0	2 000	2 000
Financial Balance	73 000	39 000	56 000	43 000
Dividends	0	0	0	0
Net Income	458 000	706 000	1 103 000	476 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 467 000	4 848 000	5 229 000	5 611 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	386 000	346 000	320 000	0
Total Tangible Assets	4 853 000	5 194 000	5 549 000	5 611 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 853 000	5 194 000	5 549 000	5 611 000
Stock	100 000	117 000	86 000	103 000
Total Investments	0	0	0	0
Cash, Bank	11 149 000	10 313 000	9 055 000	8 168 000
Total Current Assets	12 253 000	11 159 000	9 963 000	8 997 000
Total Assets	17 105 000	16 354 000	15 512 000	14 608 000
Total Equity	15 138 000	14 681 000	13 975 000	12 872 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	515 000	395 000	380 000	622 000
Unpaid Taxes	728 000	597 000	528 000	507 000
Dividends	0	0	0	0
Other Current Debt	725 000	682 000	630 000	607 000
Total Current Debt	1 967 000	1 673 000	1 537 000	1 736 000
Total Equity and Debt	17 105 000	16 354 000	15 512 000	14 608 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,03 %	4,81 %	7,89 %	3,7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,07 %	5,5 %	8,84 %	3,97 %
Current Ratio	6,23	6,67	6,48	5,18
Quick Ratio	6,56	7,17	6,87	5,51
Equity Ratio	0,89	0,9	0,9	0,88
Gross Profit Margin	87 %	87,59 %	89,97 %	86,43 %