MIDTBØEN BLIKKENSLAGERVERKSTAD AS

3850 KVITESEID

Finances

Share Ownership

Return on Equity

16,67 %

Current Ratio

1,84

Debt-to-Equity Ratio

0,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 719 000	1 289 000	1 466 000	1 597 000
Net Income	77 000	−71 000	−147 000	70 000
Total Assets	1 078 000	944 000	1 072 000	1 002 000
Total Equity	462 000	385 000	456 000	603 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 719 000	1 289 000	1 466 000	1 597 000
Expenditure	1 618 000	1 342 000	1 620 000	1 486 000
Operating Profit	101 000	−52 000	−154 000	111 000
Financial Income	1 000	0	0	0
Financial Costs	18 000	19 000	12 000	10 000
Financial Balance	−17 000	−19 000	−12 000	−10 000
Earnings Before Tax	84 000	−71 000	−166 000	102 000
Tax	7 000	0	−19 000	32 000
Net Income	77 000	−71 000	−147 000	70 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	248 000	305 000	434 000	359 000
Total Current Assets	829 000	639 000	637 000	643 000
Total Assets	1 078 000	944 000	1 072 000	1 002 000
Total Retained Equity	261 000	184 000	255 000	402 000
Total Equity	462 000	385 000	456 000	603 000
Total Long-Term Debt	165 000	225 000	285 000	0
Total Current Debt	450 000	334 000	331 000	399 000
Total Equity and Debt	1 078 000	944 000	1 072 000	1 002 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 719 000	1 279 000	1 466 000	1 543 000
Other Income	0	10 000	0	54 000
Revenue	1 719 000	1 289 000	1 466 000	1 597 000
Cost of Goods Sold	623 000	347 000	418 000	331 000
Salary Costs	452 000	482 000	511 000	547 000
Depreciation	96 000	129 000	228 000	197 000
Impairment	0	0	0	0
Expenditure	1 618 000	1 342 000	1 620 000	1 486 000
Operating Profit	101 000	−52 000	−154 000	111 000
Financial Income	1 000	0	0	0
Financial Costs	18 000	19 000	12 000	10 000
Financial Balance	−17 000	−19 000	−12 000	−10 000
Dividends	0	0	0	0
Net Income	77 000	−71 000	−147 000	70 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	17 000	0	0	3 000
Machinery and Plant Facilities	231 000	305 000	409 000	270 000
Fixtures	0	0	26 000	87 000
Total Tangible Assets	248 000	305 000	434 000	359 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	248 000	305 000	434 000	359 000
Stock	187 000	164 000	159 000	146 000
Total Investments	0	0	0	0
Cash, Bank	323 000	184 000	128 000	91 000
Total Current Assets	829 000	639 000	637 000	643 000
Total Assets	1 078 000	944 000	1 072 000	1 002 000
Total Equity	462 000	385 000	456 000	603 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	165 000	225 000	285 000	0
Creditors	144 000	74 000	73 000	57 000
Unpaid Taxes	100 000	80 000	84 000	125 000
Dividends	0	0	0	0
Other Current Debt	199 000	180 000	174 000	177 000
Total Current Debt	450 000	334 000	331 000	399 000
Total Equity and Debt	1 078 000	944 000	1 072 000	1 002 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,67 %	−18,44 %	−32,24 %	11,61 %
Debt-to-Equity Ratio	0,36	0,58	0,63	0
Operating Profit Margin	5,88 %	−4,03 %	−10,5 %	6,95 %
Current Ratio	1,84	1,91	1,92	1,61
Quick Ratio	3,15	3,76	3,7	2,54
Equity Ratio	0,43	0,41	0,43	0,6
Gross Profit Margin	63,76 %	73,08 %	71,49 %	79,27 %