MIDTCO AS

6004 ÅLESUND

Finances

Return on Equity

72,49 %

Current Ratio

5,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	9 026 000	97 000	83 000	46 000
Total Assets	12 535 000	18 333 000	17 882 000	22 940 000
Total Equity	12 452 000	14 076 000	13 978 000	13 896 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	29 000	27 000	30 000	31 000
Operating Profit	−29 000	−27 000	−30 000	−31 000
Financial Income	9 456 000	502 000	484 000	835 000
Financial Costs	318 000	350 000	349 000	745 000
Financial Balance	9 138 000	152 000	135 000	90 000
Earnings Before Tax	9 110 000	125 000	106 000	59 000
Tax	84 000	27 000	23 000	13 000
Net Income	9 026 000	97 000	83 000	46 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 036 000	18 103 000	17 601 000	22 116 000
Total Current Assets	499 000	230 000	281 000	824 000
Total Assets	12 535 000	18 333 000	17 882 000	22 940 000
Total Retained Equity	12 352 000	13 976 000	13 878 000	13 796 000
Total Equity	12 452 000	14 076 000	13 978 000	13 896 000
Total Long-Term Debt	0	4 230 000	3 880 000	9 031 000
Total Current Debt	84 000	27 000	23 000	13 000
Total Equity and Debt	12 535 000	18 333 000	17 882 000	22 940 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	29 000	27 000	30 000	31 000
Operating Profit	−29 000	−27 000	−30 000	−31 000
Financial Income	9 456 000	502 000	484 000	835 000
Financial Costs	318 000	350 000	349 000	745 000
Financial Balance	9 138 000	152 000	135 000	90 000
Dividends	10 650 000	0	0	0
Net Income	9 026 000	97 000	83 000	46 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	12 036 000	18 103 000	17 601 000	22 116 000
Total Fixed Assets	12 036 000	18 103 000	17 601 000	22 116 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	499 000	230 000	281 000	824 000
Total Current Assets	499 000	230 000	281 000	824 000
Total Assets	12 535 000	18 333 000	17 882 000	22 940 000
Total Equity	12 452 000	14 076 000	13 978 000	13 896 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	4 230 000	3 880 000	9 031 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	10 650 000	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	84 000	27 000	23 000	13 000
Total Equity and Debt	12 535 000	18 333 000	17 882 000	22 940 000

Financial indicators	2022	2021	2020	2019
Return on Equity	72,49 %	0,69 %	0,59 %	0,33 %
Debt-to-Equity Ratio	0	0,3	0,28	0,65
Operating Profit Margin	-	-	-	-
Current Ratio	5,94	8,52	12,22	63,38
Quick Ratio	5,94	8,52	12,22	63,38
Equity Ratio	0,99	0,77	0,78	0,61
Gross Profit Margin	-	-	-	-