BRØDRENE MIDTHAUG AS

6453 KLEIVE

Finances

Share Ownership

Return on Equity

19,35 %

Current Ratio

1,66

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	290 137 000	257 607 000	226 466 000	225 996 000
Net Income	10 162 000	8 852 000	5 723 000	7 803 000
Total Assets	120 494 000	98 383 000	103 583 000	93 331 000
Total Equity	52 507 000	47 345 000	38 493 000	44 088 000

Income (NOK)	2022	2021	2020	2019
Revenue	290 137 000	257 607 000	226 466 000	225 996 000
Expenditure	277 013 000	246 097 000	218 879 000	215 784 000
Operating Profit	13 124 000	11 510 000	7 587 000	10 211 000
Financial Income	612 000	332 000	448 000	505 000
Financial Costs	638 000	483 000	666 000	696 000
Financial Balance	−26 000	−151 000	−218 000	−191 000
Earnings Before Tax	13 098 000	11 359 000	7 369 000	10 021 000
Tax	2 936 000	2 507 000	1 645 000	2 217 000
Net Income	10 162 000	8 852 000	5 723 000	7 803 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 969 000	4 220 000	11 970 000	13 119 000
Total Current Assets	111 525 000	94 163 000	91 612 000	80 212 000
Total Assets	120 494 000	98 383 000	103 583 000	93 331 000
Total Retained Equity	30 896 000	25 735 000	16 882 000	22 477 000
Total Equity	52 507 000	47 345 000	38 493 000	44 088 000
Total Long-Term Debt	675 000	1 583 000	3 666 000	3 367 000
Total Current Debt	67 313 000	49 454 000	61 424 000	45 876 000
Total Equity and Debt	120 494 000	98 383 000	103 583 000	93 331 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	289 583 000	257 276 000	226 280 000	225 067 000
Other Income	554 000	332 000	185 000	929 000
Revenue	290 137 000	257 607 000	226 466 000	225 996 000
Cost of Goods Sold	117 754 000	100 930 000	83 463 000	84 831 000
Salary Costs	87 782 000	83 158 000	73 900 000	71 798 000
Depreciation	1 710 000	1 448 000	1 615 000	1 626 000
Impairment	0	0	0	0
Expenditure	277 013 000	246 097 000	218 879 000	215 784 000
Operating Profit	13 124 000	11 510 000	7 587 000	10 211 000
Financial Income	612 000	332 000	448 000	505 000
Financial Costs	638 000	483 000	666 000	696 000
Financial Balance	−26 000	−151 000	−218 000	−191 000
Dividends	5 000 000	0	10 800 000	5 000 000
Net Income	10 162 000	8 852 000	5 723 000	7 803 000

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	4 143 000	2 724 000	3 057 000	3 630 000
Fixtures	2 320 000	753 000	811 000	1 263 000
Total Tangible Assets	6 463 000	3 477 000	3 868 000	4 893 000
Total Fiancial Fixed Assets	2 506 000	743 000	8 102 000	8 226 000
Total Fixed Assets	8 969 000	4 220 000	11 970 000	13 119 000
Stock	51 967 000	43 114 000	35 676 000	28 269 000
Total Investments	0	0	0	0
Cash, Bank	14 687 000	13 560 000	11 447 000	10 947 000
Total Current Assets	111 525 000	94 163 000	91 612 000	80 212 000
Total Assets	120 494 000	98 383 000	103 583 000	93 331 000
Total Equity	52 507 000	47 345 000	38 493 000	44 088 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	675 000	1 583 000	3 666 000	3 367 000
Creditors	14 362 000	13 663 000	12 979 000	14 507 000
Unpaid Taxes	9 940 000	8 627 000	9 563 000	6 450 000
Dividends	5 000 000	0	10 800 000	5 000 000
Other Current Debt	35 566 000	22 576 000	26 482 000	18 314 000
Total Current Debt	67 313 000	49 454 000	61 424 000	45 876 000
Total Equity and Debt	120 494 000	98 383 000	103 583 000	93 331 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,35 %	18,7 %	14,87 %	17,7 %
Debt-to-Equity Ratio	0,01	0,03	0,1	0,08
Operating Profit Margin	4,52 %	4,47 %	3,35 %	4,52 %
Current Ratio	1,66	1,9	1,49	1,75
Quick Ratio	7,27	14,85	3,56	4,56
Equity Ratio	0,44	0,48	0,37	0,47
Gross Profit Margin	59,41 %	60,82 %	63,15 %	62,46 %