MIDTUNHEIA 2 AS

5224 NESTTUN

Finances

Share Ownership

Return on Equity

13,64 %

Current Ratio

2,77

Debt-to-Equity Ratio

2,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 407 000	1 453 000	1 341 000	1 388 000
Net Income	438 000	451 000	421 000	428 000
Total Assets	10 575 000	10 771 000	11 060 000	11 319 000
Total Equity	3 212 000	2 774 000	2 323 000	1 902 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 407 000	1 453 000	1 341 000	1 388 000
Expenditure	527 000	624 000	485 000	446 000
Operating Profit	880 000	829 000	856 000	942 000
Financial Income	5 000	0	0	0
Financial Costs	323 000	251 000	317 000	393 000
Financial Balance	−318 000	−251 000	−317 000	−393 000
Earnings Before Tax	562 000	578 000	539 000	549 000
Tax	124 000	127 000	119 000	121 000
Net Income	438 000	451 000	421 000	428 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 078 000	10 313 000	10 548 000	10 783 000
Total Current Assets	496 000	458 000	513 000	536 000
Total Assets	10 575 000	10 771 000	11 060 000	11 319 000
Total Retained Equity	3 110 000	2 672 000	2 221 000	1 800 000
Total Equity	3 212 000	2 774 000	2 323 000	1 902 000
Total Long-Term Debt	7 184 000	7 848 000	8 553 000	9 255 000
Total Current Debt	179 000	149 000	185 000	161 000
Total Equity and Debt	10 575 000	10 771 000	11 060 000	11 319 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 407 000	1 453 000	1 341 000	1 388 000
Other Income	0	0	0	0
Revenue	1 407 000	1 453 000	1 341 000	1 388 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	235 000	235 000	235 000	235 000
Impairment	0	0	0	0
Expenditure	527 000	624 000	485 000	446 000
Operating Profit	880 000	829 000	856 000	942 000
Financial Income	5 000	0	0	0
Financial Costs	323 000	251 000	317 000	393 000
Financial Balance	−318 000	−251 000	−317 000	−393 000
Dividends	0	0	0	0
Net Income	438 000	451 000	421 000	428 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 078 000	10 313 000	10 548 000	10 783 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	10 078 000	10 313 000	10 548 000	10 783 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 078 000	10 313 000	10 548 000	10 783 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	478 000	440 000	493 000	523 000
Total Current Assets	496 000	458 000	513 000	536 000
Total Assets	10 575 000	10 771 000	11 060 000	11 319 000
Total Equity	3 212 000	2 774 000	2 323 000	1 902 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 184 000	7 848 000	8 553 000	9 255 000
Creditors	0	3 000	4 000	9 000
Unpaid Taxes	18 000	16 000	37 000	19 000
Dividends	0	0	0	0
Other Current Debt	34 000	18 000	42 000	32 000
Total Current Debt	179 000	149 000	185 000	161 000
Total Equity and Debt	10 575 000	10 771 000	11 060 000	11 319 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,64 %	16,26 %	18,12 %	22,5 %
Debt-to-Equity Ratio	2,24	2,83	3,68	4,87
Operating Profit Margin	62,54 %	57,05 %	63,83 %	67,87 %
Current Ratio	2,77	3,07	2,77	3,33
Quick Ratio	2,77	3,07	2,77	3,33
Equity Ratio	0,3	0,26	0,21	0,17
Gross Profit Margin	100 %	100 %	100 %	100 %