MIDTNOR MASKIN AS

7350 BUVIKA

Finances

Share Ownership

Return on Equity

97,67 %

Current Ratio

0,37

Debt-to-Equity Ratio

2,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 823 000	4 265 000	5 251 000	5 384 000
Net Income	586 000	1 464 000	530 000	1 132 000
Total Assets	4 259 000	3 415 000	3 934 000	2 732 000
Total Equity	600 000	14 000	−1 450 000	−1 980 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 823 000	4 265 000	5 251 000	5 384 000
Expenditure	3 058 000	2 571 000	4 500 000	3 993 000
Operating Profit	765 000	1 695 000	752 000	1 390 000
Financial Income	0	0	0	0
Financial Costs	180 000	231 000	222 000	258 000
Financial Balance	−180 000	−231 000	−222 000	−258 000
Earnings Before Tax	586 000	1 464 000	530 000	1 132 000
Tax	0	0	0	0
Net Income	586 000	1 464 000	530 000	1 132 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 486 000	2 260 000	2 498 000	1 571 000
Total Current Assets	773 000	1 155 000	1 436 000	1 161 000
Total Assets	4 259 000	3 415 000	3 934 000	2 732 000
Total Retained Equity	384 000	−202 000	−1 666 000	−2 196 000
Total Equity	600 000	14 000	−1 450 000	−1 980 000
Total Long-Term Debt	1 585 000	2 049 000	2 936 000	2 536 000
Total Current Debt	2 075 000	1 352 000	2 448 000	2 177 000
Total Equity and Debt	4 259 000	3 415 000	3 934 000	2 732 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 589 000	4 223 000	5 232 000	5 899 000
Other Income	234 000	43 000	19 000	−515 000
Revenue	3 823 000	4 265 000	5 251 000	5 384 000
Cost of Goods Sold	975 000	1 203 000	1 572 000	1 390 000
Salary Costs	1 099 000	635 000	1 926 000	1 363 000
Depreciation	227 000	238 000	143 000	131 000
Impairment	0	0	0	0
Expenditure	3 058 000	2 571 000	4 500 000	3 993 000
Operating Profit	765 000	1 695 000	752 000	1 390 000
Financial Income	0	0	0	0
Financial Costs	180 000	231 000	222 000	258 000
Financial Balance	−180 000	−231 000	−222 000	−258 000
Dividends	0	0	0	0
Net Income	586 000	1 464 000	530 000	1 132 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 918 000	1 398 000	1 576 000	589 000
Fixtures	411 000	362 000	422 000	482 000
Total Tangible Assets	2 329 000	1 760 000	1 998 000	1 071 000
Total Fiancial Fixed Assets	1 158 000	500 000	500 000	500 000
Total Fixed Assets	3 486 000	2 260 000	2 498 000	1 571 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	524 000	0	36 000	1 000
Total Current Assets	773 000	1 155 000	1 436 000	1 161 000
Total Assets	4 259 000	3 415 000	3 934 000	2 732 000
Total Equity	600 000	14 000	−1 450 000	−1 980 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 585 000	2 049 000	2 936 000	2 536 000
Creditors	1 653 000	641 000	1 130 000	517 000
Unpaid Taxes	166 000	112 000	159 000	413 000
Dividends	0	0	0	0
Other Current Debt	256 000	279 000	454 000	488 000
Total Current Debt	2 075 000	1 352 000	2 448 000	2 177 000
Total Equity and Debt	4 259 000	3 415 000	3 934 000	2 732 000

Financial indicators	2022	2021	2020	2019
Return on Equity	97,67 %	10 457,14 %	−36,55 %	−57,17 %
Debt-to-Equity Ratio	2,64	146,36	−2,02	−1,28
Operating Profit Margin	20,01 %	39,74 %	14,32 %	25,82 %
Current Ratio	0,37	0,85	0,59	0,53
Quick Ratio	0,37	0,85	0,59	0,53
Equity Ratio	0,14	0	−0,37	−0,72
Gross Profit Margin	74,5 %	71,79 %	70,06 %	74,18 %