MIDTUN CONSULTING AS

5059 BERGEN

Finances

Share Ownership

Return on Equity

84,64 %

Current Ratio

1,25

Debt-to-Equity Ratio

0,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 080 000	3 629 000	3 181 000	3 065 000
Net Income	1 818 000	1 438 000	1 240 000	892 000
Total Assets	4 894 000	2 547 000	2 277 000	1 866 000
Total Equity	2 148 000	1 540 000	1 343 000	1 225 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 080 000	3 629 000	3 181 000	3 065 000
Expenditure	1 718 000	1 772 000	1 625 000	1 961 000
Operating Profit	2 362 000	1 857 000	1 556 000	1 104 000
Financial Income	7 000	1 000	4 000	8 000
Financial Costs	31 000	6 000	2 000	0
Financial Balance	−24 000	−5 000	2 000	8 000
Earnings Before Tax	2 338 000	1 852 000	1 558 000	1 112 000
Tax	520 000	414 000	318 000	220 000
Net Income	1 818 000	1 438 000	1 240 000	892 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 757 000	807 000	494 000	51 000
Total Current Assets	1 138 000	1 740 000	1 783 000	1 816 000
Total Assets	4 894 000	2 547 000	2 277 000	1 866 000
Total Retained Equity	2 046 000	1 438 000	1 240 000	1 123 000
Total Equity	2 148 000	1 540 000	1 343 000	1 225 000
Total Long-Term Debt	1 840 000	203 000	246 000	0
Total Current Debt	907 000	804 000	688 000	641 000
Total Equity and Debt	4 894 000	2 547 000	2 277 000	1 866 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 986 000	3 629 000	3 156 000	3 065 000
Other Income	94 000	0	25 000	0
Revenue	4 080 000	3 629 000	3 181 000	3 065 000
Cost of Goods Sold	7 000	73 000	21 000	46 000
Salary Costs	918 000	905 000	862 000	1 228 000
Depreciation	133 000	100 000	54 000	8 000
Impairment	0	0	0	0
Expenditure	1 718 000	1 772 000	1 625 000	1 961 000
Operating Profit	2 362 000	1 857 000	1 556 000	1 104 000
Financial Income	7 000	1 000	4 000	8 000
Financial Costs	31 000	6 000	2 000	0
Financial Balance	−24 000	−5 000	2 000	8 000
Dividends	1 210 000	1 240 000	1 123 000	850 000
Net Income	1 818 000	1 438 000	1 240 000	892 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 015 000	0	0	0
Machinery and Plant Facilities	0	0	445 000	0
Fixtures	741 000	807 000	49 000	51 000
Total Tangible Assets	3 756 000	807 000	494 000	51 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 757 000	807 000	494 000	51 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	439 000	954 000	1 210 000	1 235 000
Total Current Assets	1 138 000	1 740 000	1 783 000	1 816 000
Total Assets	4 894 000	2 547 000	2 277 000	1 866 000
Total Equity	2 148 000	1 540 000	1 343 000	1 225 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 840 000	203 000	246 000	0
Creditors	41 000	70 000	33 000	103 000
Unpaid Taxes	251 000	243 000	208 000	110 000
Dividends	1 210 000	1 240 000	1 123 000	850 000
Other Current Debt	119 000	91 000	163 000	208 000
Total Current Debt	907 000	804 000	688 000	641 000
Total Equity and Debt	4 894 000	2 547 000	2 277 000	1 866 000

Financial indicators	2022	2021	2020	2019
Return on Equity	84,64 %	93,38 %	92,33 %	72,82 %
Debt-to-Equity Ratio	0,86	0,13	0,18	0
Operating Profit Margin	57,89 %	51,17 %	48,92 %	36,02 %
Current Ratio	1,25	2,16	2,59	2,83
Quick Ratio	1,25	2,16	2,59	2,83
Equity Ratio	0,44	0,6	0,59	0,66
Gross Profit Margin	99,83 %	97,99 %	99,34 %	98,5 %