MIDT NORSK AVISDRIFT AS

7500 STJØRDAL

Finances

Return on Equity

95,57 %

Current Ratio

0,71

Debt-to-Equity Ratio

−0,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 650 000	13 060 000	12 924 000	14 870 000
Net Income	−777 000	−979 000	54 000	446 000
Total Assets	6 640 000	3 843 000	3 857 000	4 278 000
Total Equity	−813 000	−36 000	947 000	893 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 650 000	13 060 000	12 924 000	14 870 000
Expenditure	12 547 000	14 242 000	12 857 000	14 227 000
Operating Profit	−897 000	−1 182 000	67 000	642 000
Financial Income	0	3 000	41 000	4 000
Financial Costs	77 000	68 000	56 000	70 000
Financial Balance	−77 000	−65 000	−15 000	−66 000
Earnings Before Tax	−974 000	−1 248 000	53 000	577 000
Tax	−196 000	−269 000	−2 000	131 000
Net Income	−777 000	−979 000	54 000	446 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 796 000	1 804 000	659 000	1 023 000
Total Current Assets	4 844 000	2 039 000	3 198 000	3 255 000
Total Assets	6 640 000	3 843 000	3 857 000	4 278 000
Total Retained Equity	−913 000	−136 000	847 000	793 000
Total Equity	−813 000	−36 000	947 000	893 000
Total Long-Term Debt	607 000	422 000	291 000	512 000
Total Current Debt	6 846 000	3 457 000	2 619 000	2 872 000
Total Equity and Debt	6 640 000	3 843 000	3 857 000	4 278 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 445 000	12 796 000	12 854 000	14 870 000
Other Income	205 000	264 000	70 000	0
Revenue	11 650 000	13 060 000	12 924 000	14 870 000
Cost of Goods Sold	2 806 000	2 852 000	4 065 000	5 005 000
Salary Costs	5 975 000	7 130 000	6 193 000	6 376 000
Depreciation	570 000	495 000	84 000	119 000
Impairment	0	0	0	0
Expenditure	12 547 000	14 242 000	12 857 000	14 227 000
Operating Profit	−897 000	−1 182 000	67 000	642 000
Financial Income	0	3 000	41 000	4 000
Financial Costs	77 000	68 000	56 000	70 000
Financial Balance	−77 000	−65 000	−15 000	−66 000
Dividends	0	0	0	0
Net Income	−777 000	−979 000	54 000	446 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	445 000	249 000	10 000	39 000
Real Eastate	1 320 000	1 520 000	628 000	628 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	5 000	19 000	354 000
Total Tangible Assets	1 320 000	1 525 000	647 000	982 000
Total Fiancial Fixed Assets	30 000	30 000	1 000	1 000
Total Fixed Assets	1 796 000	1 804 000	659 000	1 023 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	288 000	1 444 000	384 000
Total Current Assets	4 844 000	2 039 000	3 198 000	3 255 000
Total Assets	6 640 000	3 843 000	3 857 000	4 278 000
Total Equity	−813 000	−36 000	947 000	893 000
Short-Term Group Debt	2 989 000	642 000	0	0
Total Long-Term Debt	607 000	422 000	291 000	512 000
Creditors	594 000	451 000	406 000	541 000
Unpaid Taxes	1 662 000	874 000	1 392 000	881 000
Dividends	0	0	0	0
Other Current Debt	1 601 000	1 489 000	821 000	804 000
Total Current Debt	6 846 000	3 457 000	2 619 000	2 872 000
Total Equity and Debt	6 640 000	3 843 000	3 857 000	4 278 000

Financial indicators	2022	2021	2020	2019
Return on Equity	95,57 %	2 719,44 %	5,7 %	49,94 %
Debt-to-Equity Ratio	−0,75	−11,72	0,31	0,57
Operating Profit Margin	−7,7 %	−9,05 %	0,52 %	4,32 %
Current Ratio	0,71	0,59	1,22	1,13
Quick Ratio	0,71	0,59	1,22	1,13
Equity Ratio	−0,12	−0,01	0,25	0,21
Gross Profit Margin	75,91 %	78,16 %	68,55 %	66,34 %