MIDTUNHAUGEN VELFORENING

5008 BERGEN

Finances

Share Ownership

Return on Equity

20,93 %

Current Ratio

5,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2016	2015
Revenue	345 000	601 000	297 000	264 000
Net Income	104 000	219 000	−27 000	−1 000
Total Assets	605 000	420 000	201 000	264 000
Total Equity	497 000	392 000	195 000	222 000

Income (NOK)	2022	2021	2016	2015
Revenue	345 000	601 000	297 000	264 000
Expenditure	246 000	385 000	325 000	266 000
Operating Profit	99 000	216 000	−28 000	−2 000
Financial Income	5 000	3 000	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	5 000	3 000	1 000	2 000
Earnings Before Tax	104 000	219 000	−28 000	−2 000
Tax	0	0	0	0
Net Income	104 000	219 000	−27 000	−1 000

Balance (NOK)	2022	2021	2016	2015
Total Fixed Assets	0	0	0	0
Total Current Assets	605 000	420 000	201 000	264 000
Total Assets	605 000	420 000	201 000	264 000
Total Retained Equity	497 000	392 000	195 000	222 000
Total Equity	497 000	392 000	195 000	222 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	108 000	28 000	6 000	42 000
Total Equity and Debt	605 000	420 000	201 000	264 000

Cash flow (NOK)	2022	2021	2016	2015
Sales Income	339 000	590 000	0	0
Other Income	6 000	11 000	297 000	264 000
Revenue	345 000	601 000	297 000	264 000
Cost of Goods Sold	0	0	0	0
Salary Costs	21 000	45 000	2 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	246 000	385 000	325 000	266 000
Operating Profit	99 000	216 000	−28 000	−2 000
Financial Income	5 000	3 000	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	5 000	3 000	1 000	2 000
Dividends	0	0	0	0
Net Income	104 000	219 000	−27 000	−1 000

Balance details (NOK)	2022	2021	2016	2015
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	586 000	410 000	156 000	212 000
Total Current Assets	605 000	420 000	201 000	264 000
Total Assets	605 000	420 000	201 000	264 000
Total Equity	497 000	392 000	195 000	222 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	29 000	14 000	6 000	35 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	79 000	13 000	0	7 000
Total Current Debt	108 000	28 000	6 000	42 000
Total Equity and Debt	605 000	420 000	201 000	264 000

Financial indicators	2022	2021	2016	2015
Return on Equity	20,93 %	55,87 %	−13,85 %	−0,45 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	28,7 %	35,94 %	−9,43 %	−0,76 %
Current Ratio	5,6	15	33,5	6,29
Quick Ratio	5,6	15	33,5	6,29
Equity Ratio	0,82	0,93	0,97	0,84
Gross Profit Margin	100 %	100 %	100 %	100 %