MIDT-NORSK SIKKERHETSOPPLÆRING AS

7032 TRONDHEIM

Finances

Share Ownership

Return on Equity

229,17 %

Current Ratio

1,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 345 000	5 964 000	5 458 000	6 845 000
Net Income	1 045 000	988 000	732 000	1 005 000
Total Assets	2 270 000	2 219 000	2 125 000	2 560 000
Total Equity	456 000	1 112 000	1 224 000	1 292 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 345 000	5 964 000	5 458 000	6 845 000
Expenditure	5 996 000	4 690 000	4 517 000	5 530 000
Operating Profit	1 348 000	1 273 000	941 000	1 314 000
Financial Income	3 000	1 000	6 000	1 000
Financial Costs	8 000	8 000	7 000	16 000
Financial Balance	−5 000	−7 000	−1 000	−15 000
Earnings Before Tax	1 342 000	1 267 000	940 000	1 300 000
Tax	298 000	279 000	208 000	295 000
Net Income	1 045 000	988 000	732 000	1 005 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 000	65 000	119 000	199 000
Total Current Assets	2 241 000	2 154 000	2 006 000	2 361 000
Total Assets	2 270 000	2 219 000	2 125 000	2 560 000
Total Retained Equity	354 000	1 010 000	1 122 000	1 190 000
Total Equity	456 000	1 112 000	1 224 000	1 292 000
Total Long-Term Debt	0	0	0	128 000
Total Current Debt	1 814 000	1 107 000	901 000	1 140 000
Total Equity and Debt	2 270 000	2 219 000	2 125 000	2 560 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 345 000	5 964 000	5 358 000	6 845 000
Other Income	0	0	100 000	0
Revenue	7 345 000	5 964 000	5 458 000	6 845 000
Cost of Goods Sold	1 070 000	695 000	627 000	740 000
Salary Costs	3 544 000	2 830 000	2 742 000	3 597 000
Depreciation	42 000	56 000	56 000	114 000
Impairment	0	0	0	0
Expenditure	5 996 000	4 690 000	4 517 000	5 530 000
Operating Profit	1 348 000	1 273 000	941 000	1 314 000
Financial Income	3 000	1 000	6 000	1 000
Financial Costs	8 000	8 000	7 000	16 000
Financial Balance	−5 000	−7 000	−1 000	−15 000
Dividends	700 000	0	0	0
Net Income	1 045 000	988 000	732 000	1 005 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 000	23 000	21 000	44 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	42 000	99 000	155 000
Total Tangible Assets	0	42 000	99 000	155 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	29 000	65 000	119 000	199 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 529 000	808 000	1 337 000	1 650 000
Total Current Assets	2 241 000	2 154 000	2 006 000	2 361 000
Total Assets	2 270 000	2 219 000	2 125 000	2 560 000
Total Equity	456 000	1 112 000	1 224 000	1 292 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	128 000
Creditors	81 000	147 000	118 000	74 000
Unpaid Taxes	239 000	312 000	264 000	356 000
Dividends	700 000	0	0	0
Other Current Debt	490 000	367 000	335 000	420 000
Total Current Debt	1 814 000	1 107 000	901 000	1 140 000
Total Equity and Debt	2 270 000	2 219 000	2 125 000	2 560 000

Financial indicators	2022	2021	2020	2019
Return on Equity	229,17 %	88,85 %	59,8 %	77,79 %
Debt-to-Equity Ratio	0	0	0	0,1
Operating Profit Margin	18,35 %	21,34 %	17,24 %	19,2 %
Current Ratio	1,24	1,95	2,23	2,07
Quick Ratio	1,24	1,95	2,23	2,07
Equity Ratio	0,2	0,5	0,58	0,5
Gross Profit Margin	85,43 %	88,35 %	88,51 %	89,19 %