MIDGARD BETA AS

5009 BERGEN

Finances

Return on Equity

−0,29 %

Current Ratio

2,51

Debt-to-Equity Ratio

1,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−1 320 000	23 267 000	214 192 000	−5 776 000
Total Assets	1 345 807 000	1 278 350 000	947 586 000	749 854 000
Total Equity	462 380 000	463 701 000	440 460 000	226 268 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	523 000	1 368 000	508 000	230 000
Operating Profit	−523 000	−1 368 000	−508 000	−230 000
Financial Income	32 820 000	41 319 000	230 724 000	14 197 000
Financial Costs	33 765 000	17 460 000	16 820 000	21 322 000
Financial Balance	−945 000	23 859 000	213 904 000	−7 125 000
Earnings Before Tax	−1 468 000	22 492 000	213 396 000	−7 355 000
Tax	−148 000	−775 000	−796 000	−1 578 000
Net Income	−1 320 000	23 267 000	214 192 000	−5 776 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 323 475 000	1 270 007 000	930 530 000	739 111 000
Total Current Assets	22 331 000	8 343 000	17 055 000	10 742 000
Total Assets	1 345 807 000	1 278 350 000	947 586 000	749 854 000
Total Retained Equity	385 636 000	386 956 000	363 710 000	149 518 000
Total Equity	462 380 000	463 701 000	440 460 000	226 268 000
Total Long-Term Debt	874 519 000	808 116 000	503 965 000	518 970 000
Total Current Debt	8 908 000	6 533 000	3 161 000	4 616 000
Total Equity and Debt	1 345 807 000	1 278 350 000	947 586 000	749 854 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	523 000	1 368 000	508 000	230 000
Operating Profit	−523 000	−1 368 000	−508 000	−230 000
Financial Income	32 820 000	41 319 000	230 724 000	14 197 000
Financial Costs	33 765 000	17 460 000	16 820 000	21 322 000
Financial Balance	−945 000	23 859 000	213 904 000	−7 125 000
Dividends	0	0	0	0
Net Income	−1 320 000	23 267 000	214 192 000	−5 776 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 316 000	6 572 000	5 797 000	5 001 000
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	1 317 159 000	1 263 435 000	924 734 000	734 111 000
Total Fixed Assets	1 323 475 000	1 270 007 000	930 530 000	739 111 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 976 000	5 162 000	8 548 000	5 773 000
Total Current Assets	22 331 000	8 343 000	17 055 000	10 742 000
Total Assets	1 345 807 000	1 278 350 000	947 586 000	749 854 000
Total Equity	462 380 000	463 701 000	440 460 000	226 268 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	874 519 000	808 116 000	503 965 000	518 970 000
Creditors	159 000	1 514 000	141 000	98 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	8 749 000	5 019 000	3 020 000	4 518 000
Total Current Debt	8 908 000	6 533 000	3 161 000	4 616 000
Total Equity and Debt	1 345 807 000	1 278 350 000	947 586 000	749 854 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,29 %	5,02 %	48,63 %	−2,55 %
Debt-to-Equity Ratio	1,89	1,74	1,14	2,29
Operating Profit Margin	-	-	-	-
Current Ratio	2,51	1,28	5,4	2,33
Quick Ratio	2,51	1,28	5,4	2,33
Equity Ratio	0,34	0,36	0,46	0,3
Gross Profit Margin	-	-	-	-