MIDSUND FISKEBÅTREDERI AS

6475 MIDSUND

Finances

Share Ownership

Return on Equity

242,14 %

Current Ratio

10,17

Debt-to-Equity Ratio

17,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	49 738 000	20 868 000	12 237 000	10 949 000
Net Income	15 565 000	−1 925 000	968 000	−901 000
Total Assets	122 545 000	118 114 000	40 000 000	41 076 000
Total Equity	6 428 000	−7 137 000	−5 744 000	−6 712 000

Income (NOK)	2022	2021	2020	2019
Revenue	49 738 000	20 868 000	12 237 000	10 949 000
Expenditure	19 329 000	15 219 000	7 274 000	8 024 000
Operating Profit	25 866 000	1 676 000	3 307 000	1 490 000
Financial Income	20 000	37 000	1 000	19 000
Financial Costs	5 931 000	4 177 000	2 067 000	2 664 000
Financial Balance	−5 911 000	−4 140 000	−2 066 000	−2 645 000
Earnings Before Tax	19 955 000	−2 464 000	1 241 000	−1 155 000
Tax	4 390 000	−539 000	273 000	−254 000
Net Income	15 565 000	−1 925 000	968 000	−901 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	56 026 000	107 693 000	34 393 000	40 424 000
Total Current Assets	66 520 000	10 421 000	5 607 000	653 000
Total Assets	122 545 000	118 114 000	40 000 000	41 076 000
Total Retained Equity	6 328 000	−7 237 000	−5 844 000	−6 812 000
Total Equity	6 428 000	−7 137 000	−5 744 000	−6 712 000
Total Long-Term Debt	109 578 000	111 400 000	40 635 000	42 416 000
Total Current Debt	6 539 000	13 851 000	5 109 000	5 373 000
Total Equity and Debt	122 545 000	118 114 000	40 000 000	41 076 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 442 000	20 145 000	11 853 000	10 949 000
Other Income	29 296 000	724 000	383 000	0
Revenue	49 738 000	20 868 000	12 237 000	10 949 000
Cost of Goods Sold	0	0	0	0
Salary Costs	6 090 000	6 882 000	3 598 000	3 917 000
Depreciation	3 763 000	3 832 000	2 641 000	2 714 000
Impairment	0	0	0	0
Expenditure	19 329 000	15 219 000	7 274 000	8 024 000
Operating Profit	25 866 000	1 676 000	3 307 000	1 490 000
Financial Income	20 000	37 000	1 000	19 000
Financial Costs	5 931 000	4 177 000	2 067 000	2 664 000
Financial Balance	−5 911 000	−4 140 000	−2 066 000	−2 645 000
Dividends	2 000 000	0	0	0
Net Income	15 565 000	−1 925 000	968 000	−901 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	28 855 000	73 750 000	34 243 000	36 456 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	955 000	268 000	0	431 000
Fixtures	0	0	0	71 000
Total Tangible Assets	27 120 000	32 905 000	0	3 918 000
Total Fiancial Fixed Assets	50 000	1 038 000	150 000	50 000
Total Fixed Assets	56 026 000	107 693 000	34 393 000	40 424 000
Stock	64 000	84 000	0	86 000
Total Investments	0	0	0	0
Cash, Bank	3 455 000	10 260 000	234 000	292 000
Total Current Assets	66 520 000	10 421 000	5 607 000	653 000
Total Assets	122 545 000	118 114 000	40 000 000	41 076 000
Total Equity	6 428 000	−7 137 000	−5 744 000	−6 712 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	109 578 000	111 400 000	40 635 000	42 416 000
Creditors	1 587 000	9 203 000	1 185 000	747 000
Unpaid Taxes	1 266 000	2 198 000	1 605 000	1 377 000
Dividends	2 000 000	0	0	0
Other Current Debt	1 686 000	2 450 000	494 000	801 000
Total Current Debt	6 539 000	13 851 000	5 109 000	5 373 000
Total Equity and Debt	122 545 000	118 114 000	40 000 000	41 076 000

Financial indicators	2022	2021	2020	2019
Return on Equity	242,14 %	26,97 %	−16,85 %	13,42 %
Debt-to-Equity Ratio	17,05	−15,61	−7,07	−6,32
Operating Profit Margin	52 %	8,03 %	27,02 %	13,61 %
Current Ratio	10,17	0,75	1,1	0,12
Quick Ratio	10,27	0,76	1,1	0,12
Equity Ratio	0,05	−0,06	−0,14	−0,16
Gross Profit Margin	100 %	100 %	100 %	100 %