MIDTCO INVEST AS

6004 ÅLESUND

Finances

Return on Equity

21,25 %

Current Ratio

1,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 173 587 000	788 058 000	794 728 000	936 517 000
Net Income	26 428 000	19 928 000	255 000	23 616 000
Total Assets	241 598 000	195 396 000	166 892 000	224 435 000
Total Equity	124 351 000	103 923 000	89 995 000	94 640 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 173 587 000	788 058 000	794 728 000	936 517 000
Expenditure	1 132 866 000	763 456 000	785 614 000	918 701 000
Operating Profit	40 721 000	24 602 000	9 114 000	17 816 000
Financial Income	3 685 000	2 597 000	513 000	13 255 000
Financial Costs	10 366 000	1 888 000	8 515 000	4 538 000
Financial Balance	−6 681 000	709 000	−8 002 000	8 717 000
Earnings Before Tax	34 040 000	25 312 000	1 112 000	26 533 000
Tax	7 612 000	5 384 000	857 000	2 917 000
Net Income	26 428 000	19 928 000	255 000	23 616 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 250 000	19 468 000	17 340 000	15 418 000
Total Current Assets	219 348 000	175 928 000	149 552 000	209 017 000
Total Assets	241 598 000	195 396 000	166 892 000	224 435 000
Total Retained Equity	121 843 000	101 414 000	87 487 000	90 231 000
Total Equity	124 351 000	103 923 000	89 995 000	94 640 000
Total Long-Term Debt	0	0	0	5 880 000
Total Current Debt	117 247 000	91 473 000	76 896 000	123 915 000
Total Equity and Debt	241 598 000	195 396 000	166 892 000	224 435 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 173 561 000	788 034 000	794 701 000	935 844 000
Other Income	26 000	25 000	27 000	673 000
Revenue	1 173 587 000	788 058 000	794 728 000	936 517 000
Cost of Goods Sold	1 104 044 000	729 850 000	760 802 000	893 075 000
Salary Costs	17 683 000	17 338 000	13 135 000	14 421 000
Depreciation	168 000	179 000	191 000	273 000
Impairment	0	0	0	0
Expenditure	1 132 866 000	763 456 000	785 614 000	918 701 000
Operating Profit	40 721 000	24 602 000	9 114 000	17 816 000
Financial Income	3 685 000	2 597 000	513 000	13 255 000
Financial Costs	10 366 000	1 888 000	8 515 000	4 538 000
Financial Balance	−6 681 000	709 000	−8 002 000	8 717 000
Dividends	0	0	0	0
Net Income	26 428 000	19 928 000	255 000	23 616 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 064 000	4 530 000	3 181 000	1 115 000
Real Eastate	7 540 000	7 574 000	7 043 000	7 076 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	312 000	37 000	72 000	119 000
Total Tangible Assets	7 852 000	7 610 000	7 115 000	7 195 000
Total Fiancial Fixed Assets	10 335 000	7 328 000	7 044 000	7 107 000
Total Fixed Assets	22 250 000	19 468 000	17 340 000	15 418 000
Stock	96 321 000	86 685 000	49 742 000	51 611 000
Total Investments	2 174 000	5 000 000	2 987 000	6 760 000
Cash, Bank	23 609 000	20 031 000	10 385 000	24 215 000
Total Current Assets	219 348 000	175 928 000	149 552 000	209 017 000
Total Assets	241 598 000	195 396 000	166 892 000	224 435 000
Total Equity	124 351 000	103 923 000	89 995 000	94 640 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	5 880 000
Creditors	62 808 000	25 041 000	34 144 000	31 937 000
Unpaid Taxes	2 281 000	1 548 000	868 000	1 244 000
Dividends	0	0	0	0
Other Current Debt	21 185 000	26 075 000	13 719 000	8 368 000
Total Current Debt	117 247 000	91 473 000	76 896 000	123 915 000
Total Equity and Debt	241 598 000	195 396 000	166 892 000	224 435 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,25 %	19,18 %	0,28 %	24,95 %
Debt-to-Equity Ratio	0	0	0	0,06
Operating Profit Margin	3,47 %	3,12 %	1,15 %	1,9 %
Current Ratio	1,87	1,92	1,94	1,69
Quick Ratio	10,48	36,74	5,51	2,89
Equity Ratio	0,51	0,53	0,54	0,42
Gross Profit Margin	5,93 %	7,39 %	4,27 %	4,64 %