MIDT NORGE ENTREPRENØR AS

8684 TROFORS

Finances

Share Ownership

Return on Equity

54,21 %

Current Ratio

0,79

Debt-to-Equity Ratio

0,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 975 000	1 809 000	1 871 000	3 232 000
Net Income	58 000	−83 000	14 000	557 000
Total Assets	1 992 000	1 934 000	2 515 000	2 765 000
Total Equity	107 000	1 590 000	1 672 000	1 658 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 975 000	1 809 000	1 871 000	3 232 000
Expenditure	1 926 000	1 923 000	1 864 000	2 551 000
Operating Profit	49 000	−114 000	7 000	681 000
Financial Income	25 000	9 000	14 000	34 000
Financial Costs	0	0	2 000	0
Financial Balance	25 000	9 000	12 000	34 000
Earnings Before Tax	74 000	−106 000	19 000	715 000
Tax	16 000	−23 000	4 000	157 000
Net Income	58 000	−83 000	14 000	557 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	552 000	637 000	797 000	958 000
Total Current Assets	1 440 000	1 297 000	1 717 000	1 807 000
Total Assets	1 992 000	1 934 000	2 515 000	2 765 000
Total Retained Equity	7 000	1 490 000	1 572 000	1 558 000
Total Equity	107 000	1 590 000	1 672 000	1 658 000
Total Long-Term Debt	55 000	63 000	86 000	94 000
Total Current Debt	1 830 000	282 000	756 000	1 013 000
Total Equity and Debt	1 992 000	1 934 000	2 515 000	2 765 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 475 000	1 551 000	1 842 000	3 232 000
Other Income	500 000	258 000	29 000	0
Revenue	1 975 000	1 809 000	1 871 000	3 232 000
Cost of Goods Sold	0	69 000	551 000	176 000
Salary Costs	724 000	793 000	459 000	1 284 000
Depreciation	165 000	161 000	161 000	250 000
Impairment	0	0	0	0
Expenditure	1 926 000	1 923 000	1 864 000	2 551 000
Operating Profit	49 000	−114 000	7 000	681 000
Financial Income	25 000	9 000	14 000	34 000
Financial Costs	0	0	2 000	0
Financial Balance	25 000	9 000	12 000	34 000
Dividends	0	0	0	0
Net Income	58 000	−83 000	14 000	557 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	552 000	637 000	797 000	958 000
Total Tangible Assets	552 000	637 000	797 000	958 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	552 000	637 000	797 000	958 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 218 000	1 062 000	1 642 000	1 628 000
Total Current Assets	1 440 000	1 297 000	1 717 000	1 807 000
Total Assets	1 992 000	1 934 000	2 515 000	2 765 000
Total Equity	107 000	1 590 000	1 672 000	1 658 000
Short-Term Group Debt	1 540 000	0	164 000	178 000
Total Long-Term Debt	55 000	63 000	86 000	94 000
Creditors	71 000	75 000	98 000	365 000
Unpaid Taxes	29 000	84 000	287 000	77 000
Dividends	0	0	0	0
Other Current Debt	166 000	122 000	194 000	223 000
Total Current Debt	1 830 000	282 000	756 000	1 013 000
Total Equity and Debt	1 992 000	1 934 000	2 515 000	2 765 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,21 %	−5,22 %	0,84 %	33,59 %
Debt-to-Equity Ratio	0,51	0,04	0,05	0,06
Operating Profit Margin	2,48 %	−6,3 %	0,37 %	21,07 %
Current Ratio	0,79	4,6	2,27	1,78
Quick Ratio	0,79	4,6	2,27	1,78
Equity Ratio	0,05	0,82	0,66	0,6
Gross Profit Margin	100 %	96,19 %	70,55 %	94,55 %