MIDT ENERGI AS

7290 STØREN

Finances

Return on Equity

−5,82 %

Current Ratio

1,79

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	126 467 000	123 055 000	75 078 000	115 110 000
Net Income	−5 950 000	1 105 000	−5 365 000	3 540 000
Total Assets	140 200 000	138 922 000	140 501 000	147 513 000
Total Equity	102 235 000	108 184 000	108 183 000	114 148 000

Income (NOK)	2022	2021	2020	2019
Revenue	126 467 000	123 055 000	75 078 000	115 110 000
Expenditure	134 068 000	121 594 000	81 527 000	110 933 000
Operating Profit	−7 601 000	1 461 000	−6 449 000	4 178 000
Financial Income	528 000	449 000	493 000	1 269 000
Financial Costs	635 000	528 000	348 000	971 000
Financial Balance	−107 000	−79 000	145 000	298 000
Earnings Before Tax	−7 707 000	1 382 000	−6 304 000	4 476 000
Tax	−1 757 000	277 000	−939 000	936 000
Net Income	−5 950 000	1 105 000	−5 365 000	3 540 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	87 114 000	87 345 000	89 819 000	94 207 000
Total Current Assets	53 086 000	51 576 000	50 682 000	53 306 000
Total Assets	140 200 000	138 922 000	140 501 000	147 513 000
Total Retained Equity	95 803 000	101 752 000	101 700 000	107 716 000
Total Equity	102 235 000	108 184 000	108 183 000	114 148 000
Total Long-Term Debt	8 275 000	9 957 000	14 656 000	15 821 000
Total Current Debt	29 691 000	20 780 000	17 662 000	17 543 000
Total Equity and Debt	140 200 000	138 922 000	140 501 000	147 513 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	124 732 000	121 288 000	74 735 000	106 603 000
Other Income	1 735 000	1 767 000	343 000	8 508 000
Revenue	126 467 000	123 055 000	75 078 000	115 110 000
Cost of Goods Sold	87 744 000	74 402 000	37 019 000	67 120 000
Salary Costs	26 194 000	26 806 000	25 795 000	27 231 000
Depreciation	6 577 000	6 621 000	6 059 000	5 790 000
Impairment	0	0	0	0
Expenditure	134 068 000	121 594 000	81 527 000	110 933 000
Operating Profit	−7 601 000	1 461 000	−6 449 000	4 178 000
Financial Income	528 000	449 000	493 000	1 269 000
Financial Costs	635 000	528 000	348 000	971 000
Financial Balance	−107 000	−79 000	145 000	298 000
Dividends	0	0	0	0
Net Income	−5 950 000	1 105 000	−5 365 000	3 540 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 852 000	7 094 000	7 358 000	6 482 000
Real Eastate	74 253 000	74 227 000	1 033 000	80 863 000
Machinery and Plant Facilities	4 891 000	5 735 000	81 074 000	0
Fixtures	−1 099 000	0	0	5 729 000
Total Tangible Assets	78 045 000	79 963 000	82 107 000	86 592 000
Total Fiancial Fixed Assets	218 000	288 000	354 000	1 133 000
Total Fixed Assets	87 114 000	87 345 000	89 819 000	94 207 000
Stock	5 260 000	4 351 000	5 286 000	4 812 000
Total Investments	0	0	0	0
Cash, Bank	16 296 000	26 516 000	33 985 000	30 697 000
Total Current Assets	53 086 000	51 576 000	50 682 000	53 306 000
Total Assets	140 200 000	138 922 000	140 501 000	147 513 000
Total Equity	102 235 000	108 184 000	108 183 000	114 148 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 275 000	9 957 000	14 656 000	15 821 000
Creditors	4 307 000	4 551 000	4 559 000	2 631 000
Unpaid Taxes	4 152 000	2 522 000	3 259 000	3 442 000
Dividends	0	0	0	0
Other Current Debt	21 232 000	12 708 000	8 014 000	9 446 000
Total Current Debt	29 691 000	20 780 000	17 662 000	17 543 000
Total Equity and Debt	140 200 000	138 922 000	140 501 000	147 513 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,82 %	1,02 %	−4,96 %	3,1 %
Debt-to-Equity Ratio	0,08	0,09	0,14	0,14
Operating Profit Margin	−6,01 %	1,19 %	−8,59 %	3,63 %
Current Ratio	1,79	2,48	2,87	3,04
Quick Ratio	2,17	3,14	4,1	4,19
Equity Ratio	0,73	0,78	0,77	0,77
Gross Profit Margin	30,62 %	39,54 %	50,69 %	41,69 %