TH MIDTTUN AS

5713 VOSSESTRAND

Finances

Return on Equity

−1 %

Current Ratio

1,07

Debt-to-Equity Ratio

0,55

Key figures (NOK)	2021	2020	2019	2018
Revenue	7 446 000	7 622 000	7 316 000	7 863 000
Net Income	−11 000	−109 000	−185 000	−962 000
Total Assets	2 779 000	3 538 000	3 233 000	3 515 000
Total Equity	1 105 000	1 159 000	1 268 000	1 453 000

Income (NOK)	2021	2020	2019	2018
Revenue	7 446 000	7 622 000	7 316 000	7 863 000
Expenditure	7 415 000	7 306 000	7 496 000	7 757 000
Operating Profit	31 000	316 000	−179 000	105 000
Financial Income	31 000	0	4 000	1 000
Financial Costs	59 000	363 000	62 000	1 055 000
Financial Balance	−28 000	−363 000	−58 000	−1 054 000
Earnings Before Tax	3 000	−47 000	−237 000	−949 000
Tax	14 000	62 000	−52 000	13 000
Net Income	−11 000	−109 000	−185 000	−962 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	1 645 000	1 688 000	1 978 000	2 050 000
Total Current Assets	1 134 000	1 850 000	1 256 000	1 465 000
Total Assets	2 779 000	3 538 000	3 233 000	3 515 000
Total Retained Equity	1 005 000	1 059 000	1 168 000	1 353 000
Total Equity	1 105 000	1 159 000	1 268 000	1 453 000
Total Long-Term Debt	613 000	770 000	949 000	1 169 000
Total Current Debt	1 061 000	1 609 000	1 016 000	893 000
Total Equity and Debt	2 779 000	3 538 000	3 233 000	3 515 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	7 446 000	7 622 000	7 316 000	7 863 000
Other Income	0	0	0	0
Revenue	7 446 000	7 622 000	7 316 000	7 863 000
Cost of Goods Sold	4 682 000	4 632 000	4 475 000	5 003 000
Salary Costs	1 542 000	1 447 000	1 620 000	1 417 000
Depreciation	88 000	79 000	82 000	87 000
Impairment	0	0	0	0
Expenditure	7 415 000	7 306 000	7 496 000	7 757 000
Operating Profit	31 000	316 000	−179 000	105 000
Financial Income	31 000	0	4 000	1 000
Financial Costs	59 000	363 000	62 000	1 055 000
Financial Balance	−28 000	−363 000	−58 000	−1 054 000
Dividends	0	0	0	0
Net Income	−11 000	−109 000	−185 000	−962 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	24 000	0
Real Eastate	1 199 000	1 262 000	1 318 000	1 373 000
Machinery and Plant Facilities	67 000	88 000	111 000	131 000
Fixtures	41 000	0	0	7 000
Total Tangible Assets	1 307 000	1 350 000	1 429 000	1 511 000
Total Fiancial Fixed Assets	338 000	338 000	525 000	539 000
Total Fixed Assets	1 645 000	1 688 000	1 978 000	2 050 000
Stock	558 000	631 000	626 000	577 000
Total Investments	0	0	0	0
Cash, Bank	102 000	266 000	59 000	159 000
Total Current Assets	1 134 000	1 850 000	1 256 000	1 465 000
Total Assets	2 779 000	3 538 000	3 233 000	3 515 000
Total Equity	1 105 000	1 159 000	1 268 000	1 453 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	613 000	770 000	949 000	1 169 000
Creditors	662 000	646 000	406 000	367 000
Unpaid Taxes	115 000	370 000	178 000	156 000
Dividends	0	0	0	0
Other Current Debt	256 000	568 000	432 000	268 000
Total Current Debt	1 061 000	1 609 000	1 016 000	893 000
Total Equity and Debt	2 779 000	3 538 000	3 233 000	3 515 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−1 %	−9,4 %	−14,59 %	−66,21 %
Debt-to-Equity Ratio	0,55	0,66	0,75	0,8
Operating Profit Margin	0,42 %	4,15 %	−2,45 %	1,34 %
Current Ratio	1,07	1,15	1,24	1,64
Quick Ratio	2,25	1,89	3,22	4,64
Equity Ratio	0,4	0,33	0,39	0,41
Gross Profit Margin	37,12 %	39,23 %	38,83 %	36,37 %