MIDSUND MØBELSENTER AS

6475 MIDSUND

Finances

Share Ownership

Return on Equity

16,33 %

Current Ratio

6,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	183 000	137 000	136 000	133 000
Net Income	65 000	26 000	−1 000	14 000
Total Assets	472 000	377 000	334 000	357 000
Total Equity	398 000	333 000	307 000	308 000

Income (NOK)	2022	2021	2020	2019
Revenue	183 000	137 000	136 000	133 000
Expenditure	101 000	104 000	138 000	117 000
Operating Profit	83 000	33 000	−2 000	18 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	83 000	33 000	−2 000	18 000
Tax	18 000	7 000	−1 000	3 000
Net Income	65 000	26 000	−1 000	14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 000	28 000	30 000	32 000
Total Current Assets	445 000	349 000	304 000	325 000
Total Assets	472 000	377 000	334 000	357 000
Total Retained Equity	298 000	233 000	207 000	208 000
Total Equity	398 000	333 000	307 000	308 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	74 000	44 000	26 000	48 000
Total Equity and Debt	472 000	377 000	334 000	357 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	183 000	137 000	136 000	133 000
Revenue	183 000	137 000	136 000	133 000
Cost of Goods Sold	0	0	0	0
Salary Costs	44 000	44 000	44 000	37 000
Depreciation	2 000	2 000	2 000	2 000
Impairment	0	0	0	0
Expenditure	101 000	104 000	138 000	117 000
Operating Profit	83 000	33 000	−2 000	18 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	65 000	26 000	−1 000	14 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	27 000	28 000	30 000	32 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	27 000	28 000	30 000	32 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	27 000	28 000	30 000	32 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	431 000	336 000	290 000	311 000
Total Current Assets	445 000	349 000	304 000	325 000
Total Assets	472 000	377 000	334 000	357 000
Total Equity	398 000	333 000	307 000	308 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	0	2 000	4 000
Unpaid Taxes	45 000	29 000	21 000	38 000
Dividends	0	0	0	0
Other Current Debt	4 000	8 000	4 000	3 000
Total Current Debt	74 000	44 000	26 000	48 000
Total Equity and Debt	472 000	377 000	334 000	357 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,33 %	7,81 %	−0,33 %	4,55 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	45,36 %	24,09 %	−1,47 %	13,53 %
Current Ratio	6,01	7,93	11,69	6,77
Quick Ratio	6,01	7,93	11,69	6,77
Equity Ratio	0,84	0,88	0,92	0,86
Gross Profit Margin	100 %	100 %	100 %	100 %