MIDTUN BYGGESERVICE AS

5966 EIVINDVIK

Finances

Share Ownership

Return on Equity

58,98 %

Current Ratio

2,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 074 000	8 771 000	5 984 000	5 745 000
Net Income	732 000	38 000	70 000	−466 000
Total Assets	2 278 000	2 046 000	2 548 000	2 678 000
Total Equity	1 241 000	709 000	671 000	1 001 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 074 000	8 771 000	5 984 000	5 745 000
Expenditure	4 214 000	8 701 000	5 900 000	6 202 000
Operating Profit	860 000	70 000	84 000	−456 000
Financial Income	0	0	5 000	5 000
Financial Costs	20 000	32 000	19 000	17 000
Financial Balance	−20 000	−32 000	−14 000	−12 000
Earnings Before Tax	840 000	38 000	70 000	−468 000
Tax	108 000	0	0	−2 000
Net Income	732 000	38 000	70 000	−466 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	90 000	131 000	147 000	203 000
Total Current Assets	2 188 000	1 915 000	2 401 000	2 475 000
Total Assets	2 278 000	2 046 000	2 548 000	2 678 000
Total Retained Equity	1 191 000	659 000	621 000	901 000
Total Equity	1 241 000	709 000	671 000	1 001 000
Total Long-Term Debt	0	598 000	694 000	315 000
Total Current Debt	1 037 000	739 000	1 183 000	1 362 000
Total Equity and Debt	2 278 000	2 046 000	2 548 000	2 678 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 074 000	8 771 000	5 984 000	5 745 000
Other Income	0	0	0	0
Revenue	5 074 000	8 771 000	5 984 000	5 745 000
Cost of Goods Sold	1 932 000	6 644 000	3 616 000	3 347 000
Salary Costs	1 737 000	1 585 000	1 706 000	2 241 000
Depreciation	41 000	51 000	56 000	64 000
Impairment	0	0	0	0
Expenditure	4 214 000	8 701 000	5 900 000	6 202 000
Operating Profit	860 000	70 000	84 000	−456 000
Financial Income	0	0	5 000	5 000
Financial Costs	20 000	32 000	19 000	17 000
Financial Balance	−20 000	−32 000	−14 000	−12 000
Dividends	200 000	0	0	0
Net Income	732 000	38 000	70 000	−466 000

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	90 000	131 000	147 000	203 000
Total Tangible Assets	90 000	131 000	147 000	203 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	90 000	131 000	147 000	203 000
Stock	503 000	503 000	503 000	503 000
Total Investments	0	0	0	0
Cash, Bank	1 243 000	136 000	924 000	1 031 000
Total Current Assets	2 188 000	1 915 000	2 401 000	2 475 000
Total Assets	2 278 000	2 046 000	2 548 000	2 678 000
Total Equity	1 241 000	709 000	671 000	1 001 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	598 000	694 000	315 000
Creditors	156 000	372 000	443 000	120 000
Unpaid Taxes	264 000	122 000	265 000	310 000
Dividends	200 000	0	0	0
Other Current Debt	309 000	245 000	475 000	932 000
Total Current Debt	1 037 000	739 000	1 183 000	1 362 000
Total Equity and Debt	2 278 000	2 046 000	2 548 000	2 678 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,98 %	5,36 %	10,43 %	−46,55 %
Debt-to-Equity Ratio	0	0,84	1,03	0,31
Operating Profit Margin	16,95 %	0,8 %	1,4 %	−7,94 %
Current Ratio	2,11	2,59	2,03	1,82
Quick Ratio	4,1	8,11	3,53	2,88
Equity Ratio	0,54	0,35	0,26	0,37
Gross Profit Margin	61,92 %	24,25 %	39,57 %	41,74 %