MIDTECH CONSULTING AS

0686 OSLO

Finances

Return on Equity

10,99 %

Current Ratio

7,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 553 000	2 911 000	2 536 000	2 350 000
Net Income	950 000	1 973 000	1 308 000	753 000
Total Assets	10 005 000	9 095 000	7 296 000	5 986 000
Total Equity	8 644 000	8 394 000	6 651 000	5 343 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 553 000	2 911 000	2 536 000	2 350 000
Expenditure	1 227 000	1 046 000	1 281 000	1 357 000
Operating Profit	1 325 000	1 866 000	1 255 000	992 000
Financial Income	147 000	561 000	663 000	458 000
Financial Costs	228 000	41 000	330 000	473 000
Financial Balance	−81 000	520 000	333 000	−15 000
Earnings Before Tax	1 244 000	2 386 000	1 588 000	977 000
Tax	294 000	413 000	280 000	224 000
Net Income	950 000	1 973 000	1 308 000	753 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	63 000	164 000
Total Current Assets	10 005 000	9 095 000	7 233 000	5 822 000
Total Assets	10 005 000	9 095 000	7 296 000	5 986 000
Total Retained Equity	8 544 000	8 294 000	6 547 000	5 239 000
Total Equity	8 644 000	8 394 000	6 651 000	5 343 000
Total Long-Term Debt	0	8 000	0	0
Total Current Debt	1 361 000	692 000	645 000	643 000
Total Equity and Debt	10 005 000	9 095 000	7 296 000	5 986 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 553 000	2 681 000	2 536 000	2 350 000
Other Income	0	230 000	0	0
Revenue	2 553 000	2 911 000	2 536 000	2 350 000
Cost of Goods Sold	0	0	0	0
Salary Costs	989 000	817 000	950 000	1 085 000
Depreciation	24 000	30 000	116 000	116 000
Impairment	0	0	0	0
Expenditure	1 227 000	1 046 000	1 281 000	1 357 000
Operating Profit	1 325 000	1 866 000	1 255 000	992 000
Financial Income	147 000	561 000	663 000	458 000
Financial Costs	228 000	41 000	330 000	473 000
Financial Balance	−81 000	520 000	333 000	−15 000
Dividends	700 000	0	0	0
Net Income	950 000	1 973 000	1 308 000	753 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	34 000	18 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	30 000	146 000
Total Tangible Assets	0	0	30 000	146 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	63 000	164 000
Stock	0	0	0	0
Total Investments	3 127 000	2 120 000	2 789 000	686 000
Cash, Bank	6 293 000	6 392 000	3 886 000	4 669 000
Total Current Assets	10 005 000	9 095 000	7 233 000	5 822 000
Total Assets	10 005 000	9 095 000	7 296 000	5 986 000
Total Equity	8 644 000	8 394 000	6 651 000	5 343 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	8 000	0	0
Creditors	1 000	0	3 000	5 000
Unpaid Taxes	205 000	192 000	258 000	275 000
Dividends	700 000	0	0	0
Other Current Debt	153 000	129 000	88 000	126 000
Total Current Debt	1 361 000	692 000	645 000	643 000
Total Equity and Debt	10 005 000	9 095 000	7 296 000	5 986 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,99 %	23,5 %	19,67 %	14,09 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	51,9 %	64,1 %	49,49 %	42,21 %
Current Ratio	7,35	13,14	11,21	9,05
Quick Ratio	7,35	13,14	11,21	9,05
Equity Ratio	0,86	0,92	0,91	0,89
Gross Profit Margin	100 %	100 %	100 %	100 %