MIDT-NORGE EIENDOMSUTVIKLING AS

7069 TRONDHEIM

Finances

Share Ownership

Return on Equity

42,32 %

Current Ratio

118,57

Debt-to-Equity Ratio

5,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	352 000	372 000	32 243 000	303 000
Net Income	769 000	−252 000	2 702 000	−920 000
Total Assets	11 738 000	10 980 000	11 189 000	31 412 000
Total Equity	1 817 000	1 048 000	1 301 000	−1 179 000

Income (NOK)	2022	2021	2020	2019
Revenue	352 000	372 000	32 243 000	303 000
Expenditure	247 000	339 000	27 969 000	262 000
Operating Profit	105 000	33 000	4 275 000	41 000
Financial Income	1 000 000	0	1 000	0
Financial Costs	332 000	286 000	812 000	1 221 000
Financial Balance	668 000	−286 000	−811 000	−1 221 000
Earnings Before Tax	773 000	−252 000	3 464 000	−1 180 000
Tax	5 000	0	762 000	−260 000
Net Income	769 000	−252 000	2 702 000	−920 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	699 000
Total Current Assets	11 738 000	10 980 000	11 189 000	30 713 000
Total Assets	11 738 000	10 980 000	11 189 000	31 412 000
Total Retained Equity	1 717 000	948 000	1 201 000	−1 279 000
Total Equity	1 817 000	1 048 000	1 301 000	−1 179 000
Total Long-Term Debt	9 822 000	9 612 000	9 509 000	23 210 000
Total Current Debt	99 000	319 000	379 000	9 380 000
Total Equity and Debt	11 738 000	10 980 000	11 189 000	31 412 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	31 913 000	0
Other Income	352 000	372 000	331 000	303 000
Revenue	352 000	372 000	32 243 000	303 000
Cost of Goods Sold	132 000	159 000	27 379 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	247 000	339 000	27 969 000	262 000
Operating Profit	105 000	33 000	4 275 000	41 000
Financial Income	1 000 000	0	1 000	0
Financial Costs	332 000	286 000	812 000	1 221 000
Financial Balance	668 000	−286 000	−811 000	−1 221 000
Dividends	0	0	0	0
Net Income	769 000	−252 000	2 702 000	−920 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	699 000
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	0	0	0	0
Total Fixed Assets	0	0	0	699 000
Stock	10 632 000	10 419 000	9 902 000	30 317 000
Total Investments	0	0	0	0
Cash, Bank	14 000	459 000	1 196 000	396 000
Total Current Assets	11 738 000	10 980 000	11 189 000	30 713 000
Total Assets	11 738 000	10 980 000	11 189 000	31 412 000
Total Equity	1 817 000	1 048 000	1 301 000	−1 179 000
Short-Term Group Debt	0	0	285 000	7 367 000
Total Long-Term Debt	9 822 000	9 612 000	9 509 000	23 210 000
Creditors	95 000	319 000	94 000	329 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	1 685 000
Total Current Debt	99 000	319 000	379 000	9 380 000
Total Equity and Debt	11 738 000	10 980 000	11 189 000	31 412 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,32 %	−24,05 %	207,69 %	78,03 %
Debt-to-Equity Ratio	5,41	9,17	7,31	−19,69
Operating Profit Margin	29,83 %	8,87 %	13,26 %	13,53 %
Current Ratio	118,57	34,42	29,52	3,27
Quick Ratio	−1,11	−1,09	−1,17	−1,47
Equity Ratio	0,15	0,1	0,12	−0,04
Gross Profit Margin	62,5 %	57,26 %	15,09 %	100 %