MIDDELTHON RENTAL HOMES AS

4022 STAVANGER

Finances

Return on Equity

5,53 %

Current Ratio

0,16

Debt-to-Equity Ratio

3,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 565 000	1 595 000	1 128 000	1 088 000
Net Income	287 000	465 000	241 000	213 000
Total Assets	26 126 000	26 172 000	26 429 000	18 564 000
Total Equity	5 186 000	4 899 000	4 434 000	4 193 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 565 000	1 595 000	1 128 000	1 088 000
Expenditure	511 000	488 000	438 000	486 000
Operating Profit	1 055 000	1 108 000	690 000	603 000
Financial Income	0	0	0	0
Financial Costs	686 000	512 000	383 000	332 000
Financial Balance	−686 000	−512 000	−383 000	−332 000
Earnings Before Tax	369 000	596 000	308 000	271 000
Tax	81 000	131 000	67 000	58 000
Net Income	287 000	465 000	241 000	213 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 045 000	25 927 000	25 928 000	18 177 000
Total Current Assets	81 000	245 000	502 000	387 000
Total Assets	26 126 000	26 172 000	26 429 000	18 564 000
Total Retained Equity	3 597 000	3 310 000	2 845 000	2 604 000
Total Equity	5 186 000	4 899 000	4 434 000	4 193 000
Total Long-Term Debt	20 429 000	20 943 000	21 714 000	14 218 000
Total Current Debt	511 000	330 000	282 000	153 000
Total Equity and Debt	26 126 000	26 172 000	26 429 000	18 564 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 565 000	1 595 000	1 128 000	1 088 000
Other Income	0	0	0	0
Revenue	1 565 000	1 595 000	1 128 000	1 088 000
Cost of Goods Sold	0	0	0	0
Salary Costs	65 000	39 000	34 000	7 000
Depreciation	1 000	1 000	1 000	1 000
Impairment	0	0	0	0
Expenditure	511 000	488 000	438 000	486 000
Operating Profit	1 055 000	1 108 000	690 000	603 000
Financial Income	0	0	0	0
Financial Costs	686 000	512 000	383 000	332 000
Financial Balance	−686 000	−512 000	−383 000	−332 000
Dividends	0	0	0	0
Net Income	287 000	465 000	241 000	213 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	20 232 000	20 232 000	20 232 000	12 481 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	26 000	27 000	28 000	28 000
Total Tangible Assets	20 258 000	20 259 000	20 260 000	12 509 000
Total Fiancial Fixed Assets	5 787 000	5 668 000	5 668 000	5 668 000
Total Fixed Assets	26 045 000	25 927 000	25 928 000	18 177 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	18 000	157 000	409 000	338 000
Total Current Assets	81 000	245 000	502 000	387 000
Total Assets	26 126 000	26 172 000	26 429 000	18 564 000
Total Equity	5 186 000	4 899 000	4 434 000	4 193 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 429 000	20 943 000	21 714 000	14 218 000
Creditors	86 000	71 000	88 000	40 000
Unpaid Taxes	1 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	378 000	128 000	128 000	55 000
Total Current Debt	511 000	330 000	282 000	153 000
Total Equity and Debt	26 126 000	26 172 000	26 429 000	18 564 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,53 %	9,49 %	5,44 %	5,08 %
Debt-to-Equity Ratio	3,94	4,27	4,9	3,39
Operating Profit Margin	67,41 %	69,47 %	61,17 %	55,42 %
Current Ratio	0,16	0,74	1,78	2,53
Quick Ratio	0,16	0,74	1,78	2,53
Equity Ratio	0,2	0,19	0,17	0,23
Gross Profit Margin	100 %	100 %	100 %	100 %