MIDTGAARD INVEST AS

2953 BEITOSTØLEN

Finances

Return on Equity

2 066,67 %

Current Ratio

0,1

Debt-to-Equity Ratio

−51

Key figures (NOK)	2022	2021	2020	2019
Revenue	702 000	211 000	136 000	70 000
Net Income	−62 000	9 000	−61 000	37 000
Total Assets	555 000	338 000	775 000	868 000
Total Equity	−3 000	59 000	508 000	569 000

Income (NOK)	2022	2021	2020	2019
Revenue	702 000	211 000	136 000	70 000
Expenditure	930 000	299 000	214 000	278 000
Operating Profit	−227 000	−88 000	−77 000	−208 000
Financial Income	150 000	100 000	0	100 000
Financial Costs	0	0	0	0
Financial Balance	150 000	100 000	0	100 000
Earnings Before Tax	−77 000	13 000	−77 000	−107 000
Tax	−15 000	3 000	−16 000	−145 000
Net Income	−62 000	9 000	−61 000	37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	515 000	54 000	170 000	220 000
Total Current Assets	40 000	284 000	606 000	648 000
Total Assets	555 000	338 000	775 000	868 000
Total Retained Equity	−53 000	9 000	−92 000	−31 000
Total Equity	−3 000	59 000	508 000	569 000
Total Long-Term Debt	153 000	206 000	259 000	275 000
Total Current Debt	405 000	73 000	8 000	24 000
Total Equity and Debt	555 000	338 000	775 000	868 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	702 000	211 000	136 000	70 000
Other Income	0	0	0	0
Revenue	702 000	211 000	136 000	70 000
Cost of Goods Sold	19 000	21 000	51 000	63 000
Salary Costs	436 000	3 000	3 000	−12 000
Depreciation	56 000	46 000	50 000	50 000
Impairment	0	0	0	0
Expenditure	930 000	299 000	214 000	278 000
Operating Profit	−227 000	−88 000	−77 000	−208 000
Financial Income	150 000	100 000	0	100 000
Financial Costs	0	0	0	0
Financial Balance	150 000	100 000	0	100 000
Dividends	0	0	0	0
Net Income	−62 000	9 000	−61 000	37 000

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	80 000	0	0	0
Fixtures	25 000	0	116 000	166 000
Total Tangible Assets	105 000	0	116 000	166 000
Total Fiancial Fixed Assets	410 000	54 000	54 000	54 000
Total Fixed Assets	515 000	54 000	170 000	220 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	35 000	162 000	141 000	371 000
Total Current Assets	40 000	284 000	606 000	648 000
Total Assets	555 000	338 000	775 000	868 000
Total Equity	−3 000	59 000	508 000	569 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	153 000	206 000	259 000	275 000
Creditors	15 000	11 000	6 000	8 000
Unpaid Taxes	1 000	6 000	2 000	16 000
Dividends	0	0	0	0
Other Current Debt	352 000	0	0	0
Total Current Debt	405 000	73 000	8 000	24 000
Total Equity and Debt	555 000	338 000	775 000	868 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2 066,67 %	15,25 %	−12,01 %	6,5 %
Debt-to-Equity Ratio	−51	3,49	0,51	0,48
Operating Profit Margin	−32,34 %	−41,71 %	−56,62 %	−297,14 %
Current Ratio	0,1	3,89	75,75	27
Quick Ratio	0,1	3,89	75,75	27
Equity Ratio	−0,01	0,17	0,66	0,66
Gross Profit Margin	97,29 %	90,05 %	62,5 %	10 %