MIDDELTHON ENGROS AS

4027 STAVANGER

Finances

Share Ownership

Return on Equity

5,01 %

Current Ratio

1,23

Debt-to-Equity Ratio

1,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 027 000	32 285 000	29 143 000	43 707 000
Net Income	403 000	692 000	52 000	−1 481 000
Total Assets	30 932 000	29 072 000	29 221 000	28 510 000
Total Equity	8 038 000	7 635 000	7 569 000	7 517 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 027 000	32 285 000	29 143 000	43 707 000
Expenditure	34 065 000	31 116 000	28 804 000	45 141 000
Operating Profit	962 000	1 168 000	340 000	−1 435 000
Financial Income	2 000	0	3 000	1 000
Financial Costs	448 000	280 000	277 000	465 000
Financial Balance	−446 000	−280 000	−274 000	−464 000
Earnings Before Tax	516 000	888 000	67 000	−1 899 000
Tax	114 000	196 000	15 000	−417 000
Net Income	403 000	692 000	52 000	−1 481 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 018 000	13 163 000	12 807 000	9 796 000
Total Current Assets	17 914 000	15 909 000	16 414 000	18 714 000
Total Assets	30 932 000	29 072 000	29 221 000	28 510 000
Total Retained Equity	6 095 000	5 692 000	5 626 000	5 574 000
Total Equity	8 038 000	7 635 000	7 569 000	7 517 000
Total Long-Term Debt	8 325 000	8 775 000	9 000 000	9 000 000
Total Current Debt	14 569 000	12 662 000	12 652 000	11 993 000
Total Equity and Debt	30 932 000	29 072 000	29 221 000	28 510 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 064 000	31 840 000	29 143 000	43 707 000
Other Income	963 000	445 000	0	0
Revenue	35 027 000	32 285 000	29 143 000	43 707 000
Cost of Goods Sold	29 338 000	26 970 000	24 800 000	37 452 000
Salary Costs	2 437 000	1 968 000	2 177 000	3 440 000
Depreciation	120 000	120 000	48 000	119 000
Impairment	0	0	0	0
Expenditure	34 065 000	31 116 000	28 804 000	45 141 000
Operating Profit	962 000	1 168 000	340 000	−1 435 000
Financial Income	2 000	0	3 000	1 000
Financial Costs	448 000	280 000	277 000	465 000
Financial Balance	−446 000	−280 000	−274 000	−464 000
Dividends	0	0	0	0
Net Income	403 000	692 000	52 000	−1 481 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	42 000	68 000	87 000	98 000
Real Eastate	12 376 000	12 376 000	12 009 000	9 112 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	599 000	720 000	711 000	586 000
Total Tangible Assets	12 976 000	13 096 000	12 720 000	9 698 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 018 000	13 163 000	12 807 000	9 796 000
Stock	15 163 000	13 078 000	12 878 000	12 900 000
Total Investments	0	0	0	0
Cash, Bank	97 000	94 000	91 000	1 466 000
Total Current Assets	17 914 000	15 909 000	16 414 000	18 714 000
Total Assets	30 932 000	29 072 000	29 221 000	28 510 000
Total Equity	8 038 000	7 635 000	7 569 000	7 517 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 325 000	8 775 000	9 000 000	9 000 000
Creditors	7 451 000	5 714 000	6 956 000	4 819 000
Unpaid Taxes	1 070 000	1 045 000	1 038 000	1 204 000
Dividends	0	0	0	0
Other Current Debt	3 615 000	4 376 000	4 242 000	5 969 000
Total Current Debt	14 569 000	12 662 000	12 652 000	11 993 000
Total Equity and Debt	30 932 000	29 072 000	29 221 000	28 510 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,01 %	9,06 %	0,69 %	−19,7 %
Debt-to-Equity Ratio	1,04	1,15	1,19	1,2
Operating Profit Margin	2,75 %	3,62 %	1,17 %	−3,28 %
Current Ratio	1,23	1,26	1,3	1,56
Quick Ratio	−30,16	−38,24	−72,63	−20,63
Equity Ratio	0,26	0,26	0,26	0,26
Gross Profit Margin	16,24 %	16,46 %	14,9 %	14,31 %