MIDTGARDEN HYTTEGREND AS

3864 RAULAND

Finances

Share Ownership

Return on Equity

13,3 %

Current Ratio

12,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 113 000	9 292 000	2 686 000	1 737 000
Net Income	1 485 000	5 714 000	1 307 000	557 000
Total Assets	12 065 000	11 951 000	8 175 000	6 851 000
Total Equity	11 166 000	9 681 000	7 467 000	6 460 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 113 000	9 292 000	2 686 000	1 737 000
Expenditure	1 265 000	1 993 000	1 041 000	1 036 000
Operating Profit	1 847 000	7 299 000	1 646 000	702 000
Financial Income	54 000	20 000	31 000	40 000
Financial Costs	3 000	0	2 000	−4 000
Financial Balance	51 000	20 000	29 000	44 000
Earnings Before Tax	1 898 000	7 318 000	1 674 000	746 000
Tax	413 000	1 604 000	367 000	189 000
Net Income	1 485 000	5 714 000	1 307 000	557 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 216 000	1 817 000	1 570 000	1 825 000
Total Current Assets	10 849 000	10 134 000	6 604 000	5 026 000
Total Assets	12 065 000	11 951 000	8 175 000	6 851 000
Total Retained Equity	11 066 000	9 581 000	7 367 000	6 360 000
Total Equity	11 166 000	9 681 000	7 467 000	6 460 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	899 000	2 269 000	707 000	391 000
Total Equity and Debt	12 065 000	11 951 000	8 175 000	6 851 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 023 000	9 292 000	2 686 000	1 737 000
Other Income	90 000	0	0	0
Revenue	3 113 000	9 292 000	2 686 000	1 737 000
Cost of Goods Sold	415 000	1 169 000	327 000	202 000
Salary Costs	212 000	212 000	270 000	321 000
Depreciation	280 000	214 000	177 000	311 000
Impairment	0	0	0	0
Expenditure	1 265 000	1 993 000	1 041 000	1 036 000
Operating Profit	1 847 000	7 299 000	1 646 000	702 000
Financial Income	54 000	20 000	31 000	40 000
Financial Costs	3 000	0	2 000	−4 000
Financial Balance	51 000	20 000	29 000	44 000
Dividends	0	3 500 000	300 000	0
Net Income	1 485 000	5 714 000	1 307 000	557 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	347 000	362 000	378 000	364 000
Machinery and Plant Facilities	632 000	715 000	452 000	484 000
Fixtures	0	0	0	0
Total Tangible Assets	978 000	1 077 000	830 000	848 000
Total Fiancial Fixed Assets	238 000	740 000	740 000	977 000
Total Fixed Assets	1 216 000	1 817 000	1 570 000	1 825 000
Stock	2 220 000	2 152 000	1 562 000	1 774 000
Total Investments	0	0	0	0
Cash, Bank	7 723 000	7 523 000	4 574 000	2 748 000
Total Current Assets	10 849 000	10 134 000	6 604 000	5 026 000
Total Assets	12 065 000	11 951 000	8 175 000	6 851 000
Total Equity	11 166 000	9 681 000	7 467 000	6 460 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	127 000	0	79 000
Unpaid Taxes	15 000	15 000	14 000	25 000
Dividends	0	3 500 000	300 000	0
Other Current Debt	468 000	23 000	26 000	98 000
Total Current Debt	899 000	2 269 000	707 000	391 000
Total Equity and Debt	12 065 000	11 951 000	8 175 000	6 851 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,3 %	59,02 %	17,5 %	8,62 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	59,33 %	78,55 %	61,28 %	40,41 %
Current Ratio	12,07	4,47	9,34	12,85
Quick Ratio	−8,21	86,62	−7,72	−3,63
Equity Ratio	0,93	0,81	0,91	0,94
Gross Profit Margin	86,67 %	87,42 %	87,83 %	88,37 %