MIDTBØ HANDEL AS

6055 GODØYA

Finances

Share Ownership

Return on Equity

11,24 %

Current Ratio

2,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 797 000	17 212 000	17 822 000	16 664 000
Net Income	429 000	648 000	705 000	543 000
Total Assets	5 411 000	5 081 000	4 928 000	4 515 000
Total Equity	3 816 000	3 587 000	3 339 000	3 034 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 797 000	17 212 000	17 822 000	16 664 000
Expenditure	15 274 000	16 384 000	16 923 000	15 989 000
Operating Profit	523 000	829 000	900 000	676 000
Financial Income	30 000	5 000	4 000	13 000
Financial Costs	1 000	1 000	0	9 000
Financial Balance	29 000	4 000	4 000	4 000
Earnings Before Tax	552 000	834 000	904 000	680 000
Tax	123 000	185 000	199 000	137 000
Net Income	429 000	648 000	705 000	543 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 976 000	1 803 000	2 098 000	2 110 000
Total Current Assets	3 436 000	3 278 000	2 830 000	2 405 000
Total Assets	5 411 000	5 081 000	4 928 000	4 515 000
Total Retained Equity	3 216 000	2 987 000	2 739 000	2 434 000
Total Equity	3 816 000	3 587 000	3 339 000	3 034 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 595 000	1 494 000	1 590 000	1 481 000
Total Equity and Debt	5 411 000	5 081 000	4 928 000	4 515 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 444 000	16 940 000	17 564 000	16 395 000
Other Income	353 000	272 000	258 000	269 000
Revenue	15 797 000	17 212 000	17 822 000	16 664 000
Cost of Goods Sold	11 393 000	12 389 000	12 727 000	12 121 000
Salary Costs	2 278 000	2 233 000	2 299 000	2 189 000
Depreciation	395 000	384 000	330 000	253 000
Impairment	0	0	0	0
Expenditure	15 274 000	16 384 000	16 923 000	15 989 000
Operating Profit	523 000	829 000	900 000	676 000
Financial Income	30 000	5 000	4 000	13 000
Financial Costs	1 000	1 000	0	9 000
Financial Balance	29 000	4 000	4 000	4 000
Dividends	0	0	0	0
Net Income	429 000	648 000	705 000	543 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	75 000	50 000	21 000	12 000
Real Eastate	672 000	798 000	924 000	1 049 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 229 000	956 000	1 154 000	1 049 000
Total Tangible Assets	1 901 000	1 753 000	2 077 000	2 098 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 976 000	1 803 000	2 098 000	2 110 000
Stock	1 100 000	1 090 000	1 118 000	970 000
Total Investments	0	0	0	0
Cash, Bank	1 688 000	1 525 000	1 040 000	854 000
Total Current Assets	3 436 000	3 278 000	2 830 000	2 405 000
Total Assets	5 411 000	5 081 000	4 928 000	4 515 000
Total Equity	3 816 000	3 587 000	3 339 000	3 034 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	843 000	293 000	368 000	573 000
Unpaid Taxes	141 000	221 000	224 000	201 000
Dividends	0	0	0	0
Other Current Debt	463 000	765 000	790 000	559 000
Total Current Debt	1 595 000	1 494 000	1 590 000	1 481 000
Total Equity and Debt	5 411 000	5 081 000	4 928 000	4 515 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,24 %	18,07 %	21,11 %	17,9 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,31 %	4,82 %	5,05 %	4,06 %
Current Ratio	2,15	2,19	1,78	1,62
Quick Ratio	6,94	8,11	6	4,71
Equity Ratio	0,71	0,71	0,68	0,67
Gross Profit Margin	27,88 %	28,02 %	28,59 %	27,26 %