MID - NORWAY ADVENTURE AS

7530 MERÅKER

Finances

Share Ownership

Return on Equity

125,64 %

Current Ratio

1,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	265 000	127 000	34 000	262 000
Net Income	98 000	25 000	−61 000	−1 000
Total Assets	150 000	116 000	112 000	150 000
Total Equity	78 000	−20 000	−45 000	16 000

Income (NOK)	2022	2021	2020	2019
Revenue	265 000	127 000	34 000	262 000
Expenditure	125 000	77 000	97 000	250 000
Operating Profit	139 000	50 000	−62 000	13 000
Financial Income	0	0	0	0
Financial Costs	13 000	18 000	16 000	14 000
Financial Balance	−13 000	−18 000	−16 000	−14 000
Earnings Before Tax	126 000	32 000	−78 000	−1 000
Tax	28 000	7 000	−17 000	0
Net Income	98 000	25 000	−61 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	44 000	77 000	90 000	74 000
Total Current Assets	106 000	39 000	23 000	76 000
Total Assets	150 000	116 000	112 000	150 000
Total Retained Equity	−72 000	−170 000	−195 000	−134 000
Total Equity	78 000	−20 000	−45 000	16 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	71 000	137 000	157 000	135 000
Total Equity and Debt	150 000	116 000	112 000	150 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	265 000	127 000	34 000	262 000
Other Income	0	0	0	0
Revenue	265 000	127 000	34 000	262 000
Cost of Goods Sold	41 000	27 000	1 000	45 000
Salary Costs	29 000	0	4 000	44 000
Depreciation	5 000	5 000	2 000	2 000
Impairment	0	0	0	0
Expenditure	125 000	77 000	97 000	250 000
Operating Profit	139 000	50 000	−62 000	13 000
Financial Income	0	0	0	0
Financial Costs	13 000	18 000	16 000	14 000
Financial Balance	−13 000	−18 000	−16 000	−14 000
Dividends	0	0	0	0
Net Income	98 000	25 000	−61 000	−1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	33 000	61 000	68 000	51 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	11 000	16 000	22 000	23 000
Total Tangible Assets	11 000	16 000	22 000	23 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	44 000	77 000	90 000	74 000
Stock	21 000	21 000	21 000	21 000
Total Investments	0	0	0	0
Cash, Bank	18 000	8 000	0	25 000
Total Current Assets	106 000	39 000	23 000	76 000
Total Assets	150 000	116 000	112 000	150 000
Total Equity	78 000	−20 000	−45 000	16 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	12 000	0	3 000
Unpaid Taxes	10 000	0	1 000	27 000
Dividends	0	0	0	0
Other Current Debt	16 000	14 000	24 000	8 000
Total Current Debt	71 000	137 000	157 000	135 000
Total Equity and Debt	150 000	116 000	112 000	150 000

Financial indicators	2022	2021	2020	2019
Return on Equity	125,64 %	−125 %	135,56 %	−6,25 %
Debt-to-Equity Ratio	0	−0	−0	0
Operating Profit Margin	52,45 %	39,37 %	−182,35 %	4,96 %
Current Ratio	1,49	0,28	0,15	0,56
Quick Ratio	2,12	0,34	0,17	0,67
Equity Ratio	0,52	−0,17	−0,4	0,11
Gross Profit Margin	84,53 %	78,74 %	97,06 %	82,82 %