MIDT NORSK VENTILASJON AS

8804 SANDNESSJØEN

Finances

Share Ownership

Return on Equity

−6,11 %

Current Ratio

4,94

Debt-to-Equity Ratio

1,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 700 000	10 043 000	7 605 000	9 038 000
Net Income	−191 000	278 000	197 000	952 000
Total Assets	7 305 000	7 888 000	6 819 000	7 499 000
Total Equity	3 128 000	3 319 000	3 041 000	2 844 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 700 000	10 043 000	7 605 000	9 038 000
Expenditure	6 735 000	9 581 000	7 235 000	7 798 000
Operating Profit	−34 000	463 000	370 000	1 240 000
Financial Income	1 000	2 000	3 000	5 000
Financial Costs	159 000	105 000	118 000	126 000
Financial Balance	−158 000	−103 000	−115 000	−121 000
Earnings Before Tax	−191 000	359 000	255 000	1 120 000
Tax	0	81 000	58 000	167 000
Net Income	−191 000	278 000	197 000	952 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 119 000	3 270 000	3 091 000	2 947 000
Total Current Assets	4 186 000	4 618 000	3 728 000	4 552 000
Total Assets	7 305 000	7 888 000	6 819 000	7 499 000
Total Retained Equity	2 128 000	2 319 000	2 041 000	1 844 000
Total Equity	3 128 000	3 319 000	3 041 000	2 844 000
Total Long-Term Debt	3 329 000	2 460 000	2 620 000	2 779 000
Total Current Debt	848 000	2 109 000	1 158 000	1 875 000
Total Equity and Debt	7 305 000	7 888 000	6 819 000	7 499 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 645 000	9 769 000	7 222 000	8 577 000
Other Income	55 000	275 000	383 000	461 000
Revenue	6 700 000	10 043 000	7 605 000	9 038 000
Cost of Goods Sold	3 702 000	5 842 000	4 230 000	4 523 000
Salary Costs	2 019 000	2 398 000	1 825 000	2 188 000
Depreciation	222 000	215 000	200 000	157 000
Impairment	0	0	0	0
Expenditure	6 735 000	9 581 000	7 235 000	7 798 000
Operating Profit	−34 000	463 000	370 000	1 240 000
Financial Income	1 000	2 000	3 000	5 000
Financial Costs	159 000	105 000	118 000	126 000
Financial Balance	−158 000	−103 000	−115 000	−121 000
Dividends	0	0	0	0
Net Income	−191 000	278 000	197 000	952 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 798 000	2 877 000	2 768 000	2 608 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	321 000	393 000	323 000	340 000
Total Tangible Assets	3 119 000	3 270 000	3 091 000	2 947 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 119 000	3 270 000	3 091 000	2 947 000
Stock	1 773 000	1 878 000	1 382 000	1 058 000
Total Investments	0	0	0	0
Cash, Bank	1 201 000	2 158 000	1 284 000	2 009 000
Total Current Assets	4 186 000	4 618 000	3 728 000	4 552 000
Total Assets	7 305 000	7 888 000	6 819 000	7 499 000
Total Equity	3 128 000	3 319 000	3 041 000	2 844 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 329 000	2 460 000	2 620 000	2 779 000
Creditors	267 000	501 000	403 000	556 000
Unpaid Taxes	190 000	280 000	209 000	177 000
Dividends	0	0	0	0
Other Current Debt	391 000	1 247 000	488 000	974 000
Total Current Debt	848 000	2 109 000	1 158 000	1 875 000
Total Equity and Debt	7 305 000	7 888 000	6 819 000	7 499 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,11 %	8,38 %	6,48 %	33,47 %
Debt-to-Equity Ratio	1,06	0,74	0,86	0,98
Operating Profit Margin	−0,51 %	4,61 %	4,87 %	13,72 %
Current Ratio	4,94	2,19	3,22	2,43
Quick Ratio	−4,53	19,99	−16,64	5,57
Equity Ratio	0,43	0,42	0,45	0,38
Gross Profit Margin	44,75 %	41,83 %	44,38 %	49,96 %