MIDTFJELLET VINDKRAFT AS

5419 FITJAR

Finances

Share Ownership

Return on Equity

23,07 %

Current Ratio

1,46

Debt-to-Equity Ratio

0,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	329 059 000	139 403 000	115 218 000	129 169 000
Net Income	131 978 000	23 955 000	−32 628 000	−7 188 000
Total Assets	1 069 699 000	1 094 110 000	1 082 209 000	1 147 890 000
Total Equity	571 998 000	600 020 000	641 065 000	673 694 000

Income (NOK)	2022	2021	2020	2019
Revenue	329 059 000	139 403 000	115 218 000	129 169 000
Expenditure	130 574 000	116 145 000	116 539 000	115 644 000
Operating Profit	198 486 000	23 257 000	−1 320 000	13 525 000
Financial Income	4 228 000	21 287 000	3 667 000	6 392 000
Financial Costs	33 504 000	13 804 000	44 151 000	29 103 000
Financial Balance	−29 276 000	7 483 000	−40 484 000	−22 711 000
Earnings Before Tax	169 210 000	30 740 000	−41 803 000	−9 185 000
Tax	37 232 000	6 785 000	−9 175 000	−1 997 000
Net Income	131 978 000	23 955 000	−32 628 000	−7 188 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	893 292 000	970 835 000	1 029 441 000	1 078 469 000
Total Current Assets	176 407 000	123 276 000	52 769 000	69 421 000
Total Assets	1 069 699 000	1 094 110 000	1 082 209 000	1 147 890 000
Total Retained Equity	11 409 000	39 431 000	80 476 000	113 104 000
Total Equity	571 998 000	600 020 000	641 065 000	673 694 000
Total Long-Term Debt	377 089 000	376 978 000	431 465 000	445 714 000
Total Current Debt	120 612 000	117 113 000	9 678 000	28 482 000
Total Equity and Debt	1 069 699 000	1 094 110 000	1 082 209 000	1 147 890 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	328 671 000	139 039 000	114 766 000	128 772 000
Other Income	389 000	365 000	452 000	397 000
Revenue	329 059 000	139 403 000	115 218 000	129 169 000
Cost of Goods Sold	12 403 000	5 241 000	8 108 000	8 300 000
Salary Costs	3 308 000	3 199 000	3 126 000	3 390 000
Depreciation	51 931 000	51 983 000	52 039 000	52 029 000
Impairment	0	0	0	0
Expenditure	130 574 000	116 145 000	116 539 000	115 644 000
Operating Profit	198 486 000	23 257 000	−1 320 000	13 525 000
Financial Income	4 228 000	21 287 000	3 667 000	6 392 000
Financial Costs	33 504 000	13 804 000	44 151 000	29 103 000
Financial Balance	−29 276 000	7 483 000	−40 484 000	−22 711 000
Dividends	160 000 000	65 000 000	0	323 561 000
Net Income	131 978 000	23 955 000	−32 628 000	−7 188 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	26 202 000	32 987 000	23 812 000
Real Eastate	32 669 000	34 003 000	35 343 000	37 132 000
Machinery and Plant Facilities	857 951 000	908 002 000	957 826 000	1 007 772 000
Fixtures	2 670 000	2 627 000	3 284 000	3 990 000
Total Tangible Assets	893 291 000	944 631 000	996 453 000	1 048 894 000
Total Fiancial Fixed Assets	2 000	2 000	0	5 763 000
Total Fixed Assets	893 292 000	970 835 000	1 029 441 000	1 078 469 000
Stock	379 000	379 000	379 000	344 000
Total Investments	0	0	0	0
Cash, Bank	142 521 000	78 008 000	29 014 000	43 981 000
Total Current Assets	176 407 000	123 276 000	52 769 000	69 421 000
Total Assets	1 069 699 000	1 094 110 000	1 082 209 000	1 147 890 000
Total Equity	571 998 000	600 020 000	641 065 000	673 694 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	377 089 000	376 978 000	431 465 000	445 714 000
Creditors	5 503 000	2 468 000	1 389 000	709 000
Unpaid Taxes	30 688 000	27 332 000	3 092 000	6 743 000
Dividends	160 000 000	65 000 000	0	323 561 000
Other Current Debt	9 421 000	22 312 000	5 198 000	6 030 000
Total Current Debt	120 612 000	117 113 000	9 678 000	28 482 000
Total Equity and Debt	1 069 699 000	1 094 110 000	1 082 209 000	1 147 890 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,07 %	3,99 %	−5,09 %	−1,07 %
Debt-to-Equity Ratio	0,66	0,63	0,67	0,66
Operating Profit Margin	60,32 %	16,68 %	−1,15 %	10,47 %
Current Ratio	1,46	1,05	5,45	2,44
Quick Ratio	1,47	1,06	5,67	2,47
Equity Ratio	0,53	0,55	0,59	0,59
Gross Profit Margin	96,23 %	96,24 %	92,96 %	93,57 %