MIDGARD NORD AS

5009 BERGEN

Finances

Return on Equity

6,36 %

Current Ratio

1,96

Debt-to-Equity Ratio

8,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	6 601 000	5 942 000	−4 662 000	−1 271 000
Total Assets	1 024 268 000	888 721 000	384 686 000	161 114 000
Total Equity	103 802 000	105 969 000	100 725 000	15 219 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	472 000	342 000	302 000	80 000
Operating Profit	−472 000	−342 000	−302 000	−80 000
Financial Income	41 775 000	19 252 000	3 178 000	2 675 000
Financial Costs	32 229 000	12 771 000	7 537 000	3 866 000
Financial Balance	9 546 000	6 481 000	−4 359 000	−1 191 000
Earnings Before Tax	9 074 000	6 139 000	−4 662 000	−1 271 000
Tax	2 473 000	197 000	0	0
Net Income	6 601 000	5 942 000	−4 662 000	−1 271 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	990 292 000	868 967 000	381 559 000	154 661 000
Total Current Assets	33 976 000	19 755 000	3 127 000	6 453 000
Total Assets	1 024 268 000	888 721 000	384 686 000	161 114 000
Total Retained Equity	3 078 000	5 244 000	0	0
Total Equity	103 802 000	105 969 000	100 725 000	15 219 000
Total Long-Term Debt	903 116 000	779 540 000	283 392 000	145 223 000
Total Current Debt	17 350 000	3 213 000	570 000	672 000
Total Equity and Debt	1 024 268 000	888 721 000	384 686 000	161 114 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	472 000	342 000	302 000	80 000
Operating Profit	−472 000	−342 000	−302 000	−80 000
Financial Income	41 775 000	19 252 000	3 178 000	2 675 000
Financial Costs	32 229 000	12 771 000	7 537 000	3 866 000
Financial Balance	9 546 000	6 481 000	−4 359 000	−1 191 000
Dividends	0	0	0	0
Net Income	6 601 000	5 942 000	−4 662 000	−1 271 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	990 292 000	868 967 000	381 559 000	154 661 000
Total Fixed Assets	990 292 000	868 967 000	381 559 000	154 661 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	128 000	147 000	148 000	4 038 000
Total Current Assets	33 976 000	19 755 000	3 127 000	6 453 000
Total Assets	1 024 268 000	888 721 000	384 686 000	161 114 000
Total Equity	103 802 000	105 969 000	100 725 000	15 219 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	903 116 000	779 540 000	283 392 000	145 223 000
Creditors	426 000	169 000	164 000	25 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	16 924 000	3 044 000	405 000	647 000
Total Current Debt	17 350 000	3 213 000	570 000	672 000
Total Equity and Debt	1 024 268 000	888 721 000	384 686 000	161 114 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,36 %	5,61 %	−4,63 %	−8,35 %
Debt-to-Equity Ratio	8,7	7,36	2,81	9,54
Operating Profit Margin	-	-	-	-
Current Ratio	1,96	6,15	5,49	9,6
Quick Ratio	1,96	6,15	5,49	9,6
Equity Ratio	0,1	0,12	0,26	0,09
Gross Profit Margin	-	-	-	-