MIDT-NORGE AUTOLAKK AS

6657 RINDAL

Finances

Share Ownership

Return on Equity

56,5 %

Current Ratio

1,35

Debt-to-Equity Ratio

−4,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 659 000	8 541 000	7 680 000	5 413 000
Net Income	−239 000	323 000	−166 000	107 000
Total Assets	2 722 000	3 319 000	3 107 000	2 689 000
Total Equity	−423 000	−184 000	−507 000	−185 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 659 000	8 541 000	7 680 000	5 413 000
Expenditure	7 619 000	7 984 000	7 700 000	5 116 000
Operating Profit	40 000	558 000	−20 000	297 000
Financial Income	14 000	38 000	46 000	16 000
Financial Costs	158 000	160 000	239 000	176 000
Financial Balance	−144 000	−122 000	−193 000	−160 000
Earnings Before Tax	−103 000	436 000	−212 000	137 000
Tax	136 000	112 000	−46 000	30 000
Net Income	−239 000	323 000	−166 000	107 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 046 000	1 277 000	1 585 000	1 521 000
Total Current Assets	1 676 000	2 042 000	1 523 000	1 168 000
Total Assets	2 722 000	3 319 000	3 107 000	2 689 000
Total Retained Equity	−966 000	−727 000	−1 050 000	−728 000
Total Equity	−423 000	−184 000	−507 000	−185 000
Total Long-Term Debt	1 906 000	2 141 000	2 440 000	2 050 000
Total Current Debt	1 240 000	1 362 000	1 175 000	824 000
Total Equity and Debt	2 722 000	3 319 000	3 107 000	2 689 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 659 000	8 431 000	7 715 000	5 403 000
Other Income	0	110 000	−35 000	10 000
Revenue	7 659 000	8 541 000	7 680 000	5 413 000
Cost of Goods Sold	3 633 000	3 667 000	4 020 000	2 175 000
Salary Costs	1 936 000	2 346 000	2 040 000	1 678 000
Depreciation	152 000	161 000	147 000	131 000
Impairment	0	0	0	0
Expenditure	7 619 000	7 984 000	7 700 000	5 116 000
Operating Profit	40 000	558 000	−20 000	297 000
Financial Income	14 000	38 000	46 000	16 000
Financial Costs	158 000	160 000	239 000	176 000
Financial Balance	−144 000	−122 000	−193 000	−160 000
Dividends	0	0	0	0
Net Income	−239 000	323 000	−166 000	107 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	137 000	319 000	248 000	202 000
Real Eastate	769 000	846 000	924 000	1 002 000
Machinery and Plant Facilities	13 000	23 000	0	0
Fixtures	61 000	79 000	412 000	317 000
Total Tangible Assets	842 000	948 000	1 337 000	1 319 000
Total Fiancial Fixed Assets	67 000	10 000	0	0
Total Fixed Assets	1 046 000	1 277 000	1 585 000	1 521 000
Stock	1 220 000	1 401 000	982 000	723 000
Total Investments	0	0	0	0
Cash, Bank	90 000	89 000	74 000	56 000
Total Current Assets	1 676 000	2 042 000	1 523 000	1 168 000
Total Assets	2 722 000	3 319 000	3 107 000	2 689 000
Total Equity	−423 000	−184 000	−507 000	−185 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 906 000	2 141 000	2 440 000	2 050 000
Creditors	543 000	501 000	322 000	350 000
Unpaid Taxes	311 000	386 000	398 000	210 000
Dividends	0	0	0	0
Other Current Debt	149 000	220 000	344 000	122 000
Total Current Debt	1 240 000	1 362 000	1 175 000	824 000
Total Equity and Debt	2 722 000	3 319 000	3 107 000	2 689 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,5 %	−175,54 %	32,74 %	−57,84 %
Debt-to-Equity Ratio	−4,51	−11,64	−4,81	−11,08
Operating Profit Margin	0,52 %	6,53 %	−0,26 %	5,49 %
Current Ratio	1,35	1,5	1,3	1,42
Quick Ratio	83,8	−52,36	7,89	11,56
Equity Ratio	−0,16	−0,06	−0,16	−0,07
Gross Profit Margin	52,57 %	57,07 %	47,66 %	59,82 %