MIDTSIDEN AS

5200 OS

Finances

Share Ownership

Return on Equity

42,27 %

Current Ratio

0,26

Debt-to-Equity Ratio

−0,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 059 000	2 701 000	2 359 000	2 447 000
Net Income	−235 000	−11 000	203 000	−216 000
Total Assets	480 000	687 000	444 000	516 000
Total Equity	−556 000	−321 000	−210 000	−313 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 059 000	2 701 000	2 359 000	2 447 000
Expenditure	3 274 000	2 705 000	2 136 000	2 663 000
Operating Profit	−216 000	−4 000	223 000	−215 000
Financial Income	0	2 000	2 000	2 000
Financial Costs	20 000	9 000	3 000	3 000
Financial Balance	−20 000	−7 000	−1 000	−1 000
Earnings Before Tax	−235 000	−11 000	223 000	−216 000
Tax	0	0	20 000	0
Net Income	−235 000	−11 000	203 000	−216 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	286 000	357 000	39 000	49 000
Total Current Assets	195 000	330 000	405 000	467 000
Total Assets	480 000	687 000	444 000	516 000
Total Retained Equity	−656 000	−421 000	−310 000	−413 000
Total Equity	−556 000	−321 000	−210 000	−313 000
Total Long-Term Debt	277 000	326 000	0	0
Total Current Debt	759 000	682 000	654 000	829 000
Total Equity and Debt	480 000	687 000	444 000	516 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 059 000	2 701 000	2 359 000	2 447 000
Other Income	0	0	0	0
Revenue	3 059 000	2 701 000	2 359 000	2 447 000
Cost of Goods Sold	14 000	13 000	16 000	228 000
Salary Costs	2 105 000	1 870 000	1 540 000	1 821 000
Depreciation	71 000	51 000	10 000	12 000
Impairment	0	0	0	0
Expenditure	3 274 000	2 705 000	2 136 000	2 663 000
Operating Profit	−216 000	−4 000	223 000	−215 000
Financial Income	0	2 000	2 000	2 000
Financial Costs	20 000	9 000	3 000	3 000
Financial Balance	−20 000	−7 000	−1 000	−1 000
Dividends	0	100 000	100 000	250 000
Net Income	−235 000	−11 000	203 000	−216 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	22 000	28 000	34 000	43 000
Total Intangible Assets	22 000	28 000	34 000	43 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	264 000	330 000	5 000	6 000
Total Tangible Assets	264 000	330 000	5 000	6 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	286 000	357 000	39 000	49 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	47 000	39 000	47 000	43 000
Total Current Assets	195 000	330 000	405 000	467 000
Total Assets	480 000	687 000	444 000	516 000
Total Equity	−556 000	−321 000	−210 000	−313 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	277 000	326 000	0	0
Creditors	216 000	55 000	133 000	49 000
Unpaid Taxes	333 000	343 000	252 000	364 000
Dividends	0	100 000	100 000	250 000
Other Current Debt	210 000	184 000	149 000	166 000
Total Current Debt	759 000	682 000	654 000	829 000
Total Equity and Debt	480 000	687 000	444 000	516 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,27 %	3,43 %	−96,67 %	69,01 %
Debt-to-Equity Ratio	−0,5	−1,02	−0	−0
Operating Profit Margin	−7,06 %	−0,15 %	9,45 %	−8,79 %
Current Ratio	0,26	0,48	0,62	0,56
Quick Ratio	0,26	0,48	0,62	0,56
Equity Ratio	−1,16	−0,47	−0,47	−0,61
Gross Profit Margin	99,54 %	99,52 %	99,32 %	90,68 %