MIDGARD ALFA AS

5009 BERGEN

Finances

Return on Equity

4,37 %

Current Ratio

2,09

Debt-to-Equity Ratio

3,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	14 920 000	10 081 000	249 070 000	−9 925 000
Total Assets	1 541 877 000	1 254 954 000	851 884 000	881 838 000
Total Equity	341 168 000	322 564 000	312 609 000	63 539 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	566 000	1 245 000	534 000	164 000
Operating Profit	−566 000	−1 245 000	−534 000	−164 000
Financial Income	60 310 000	41 765 000	277 113 000	18 566 000
Financial Costs	40 321 000	26 457 000	28 656 000	31 127 000
Financial Balance	19 989 000	15 308 000	248 457 000	−12 561 000
Earnings Before Tax	19 423 000	14 062 000	247 923 000	−12 725 000
Tax	4 504 000	3 981 000	−1 147 000	−2 799 000
Net Income	14 920 000	10 081 000	249 070 000	−9 925 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 463 105 000	1 211 025 000	773 454 000	857 880 000
Total Current Assets	78 772 000	43 929 000	78 430 000	23 958 000
Total Assets	1 541 877 000	1 254 954 000	851 884 000	881 838 000
Total Retained Equity	261 629 000	259 025 000	249 070 000	0
Total Equity	341 168 000	322 564 000	312 609 000	63 539 000
Total Long-Term Debt	1 163 053 000	924 651 000	534 127 000	812 150 000
Total Current Debt	37 656 000	7 738 000	5 148 000	6 149 000
Total Equity and Debt	1 541 877 000	1 254 954 000	851 884 000	881 838 000

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	566 000	1 245 000	534 000	164 000
Operating Profit	−566 000	−1 245 000	−534 000	−164 000
Financial Income	60 310 000	41 765 000	277 113 000	18 566 000
Financial Costs	40 321 000	26 457 000	28 656 000	31 127 000
Financial Balance	19 989 000	15 308 000	248 457 000	−12 561 000
Dividends	0	0	0	0
Net Income	14 920 000	10 081 000	249 070 000	−9 925 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	1 925 000	778 000
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	1 463 105 000	1 211 025 000	771 529 000	857 102 000
Total Fixed Assets	1 463 105 000	1 211 025 000	773 454 000	857 880 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	25 468 000	12 219 000	15 118 000	10 544 000
Total Current Assets	78 772 000	43 929 000	78 430 000	23 958 000
Total Assets	1 541 877 000	1 254 954 000	851 884 000	881 838 000
Total Equity	341 168 000	322 564 000	312 609 000	63 539 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 163 053 000	924 651 000	534 127 000	812 150 000
Creditors	1 824 000	1 716 000	169 000	18 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	35 833 000	6 023 000	4 978 000	6 131 000
Total Current Debt	37 656 000	7 738 000	5 148 000	6 149 000
Total Equity and Debt	1 541 877 000	1 254 954 000	851 884 000	881 838 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,37 %	3,13 %	79,67 %	−15,62 %
Debt-to-Equity Ratio	3,41	2,87	1,71	12,78
Operating Profit Margin	-	-	-	-
Current Ratio	2,09	5,68	15,24	3,9
Quick Ratio	2,09	5,68	15,24	3,9
Equity Ratio	0,22	0,26	0,37	0,07
Gross Profit Margin	-	-	-	-