MIDT-NORSK SKOGRYDDING AS

7580 SELBU

Finances

Return on Equity

17,22 %

Current Ratio

2,92

Debt-to-Equity Ratio

0,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 756 000	5 151 000	5 135 000	4 536 000
Net Income	733 000	224 000	169 000	110 000
Total Assets	7 173 000	6 991 000	7 855 000	7 889 000
Total Equity	4 257 000	3 924 000	3 700 000	3 631 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 756 000	5 151 000	5 135 000	4 536 000
Expenditure	3 711 000	4 736 000	4 758 000	4 298 000
Operating Profit	1 045 000	415 000	377 000	238 000
Financial Income	0	0	2 000	2 000
Financial Costs	100 000	128 000	162 000	99 000
Financial Balance	−100 000	−128 000	−160 000	−97 000
Earnings Before Tax	945 000	287 000	217 000	142 000
Tax	212 000	63 000	47 000	32 000
Net Income	733 000	224 000	169 000	110 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 019 000	4 763 000	6 040 000	6 039 000
Total Current Assets	2 154 000	2 228 000	1 815 000	1 850 000
Total Assets	7 173 000	6 991 000	7 855 000	7 889 000
Total Retained Equity	4 157 000	3 824 000	3 600 000	3 531 000
Total Equity	4 257 000	3 924 000	3 700 000	3 631 000
Total Long-Term Debt	2 178 000	2 237 000	3 713 000	3 838 000
Total Current Debt	738 000	829 000	442 000	420 000
Total Equity and Debt	7 173 000	6 991 000	7 855 000	7 889 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 122 000	4 897 000	4 369 000	4 438 000
Other Income	634 000	254 000	766 000	97 000
Revenue	4 756 000	5 151 000	5 135 000	4 536 000
Cost of Goods Sold	1 191 000	2 108 000	1 878 000	2 077 000
Salary Costs	894 000	837 000	934 000	686 000
Depreciation	311 000	403 000	488 000	275 000
Impairment	0	0	0	0
Expenditure	3 711 000	4 736 000	4 758 000	4 298 000
Operating Profit	1 045 000	415 000	377 000	238 000
Financial Income	0	0	2 000	2 000
Financial Costs	100 000	128 000	162 000	99 000
Financial Balance	−100 000	−128 000	−160 000	−97 000
Dividends	400 000	0	100 000	0
Net Income	733 000	224 000	169 000	110 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 629 000	3 718 000	3 647 000	3 540 000
Machinery and Plant Facilities	1 360 000	1 015 000	2 363 000	2 469 000
Fixtures	0	0	0	0
Total Tangible Assets	4 989 000	4 733 000	6 010 000	6 009 000
Total Fiancial Fixed Assets	30 000	30 000	30 000	30 000
Total Fixed Assets	5 019 000	4 763 000	6 040 000	6 039 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	784 000	1 673 000	1 344 000	978 000
Total Current Assets	2 154 000	2 228 000	1 815 000	1 850 000
Total Assets	7 173 000	6 991 000	7 855 000	7 889 000
Total Equity	4 257 000	3 924 000	3 700 000	3 631 000
Short-Term Group Debt	0	38 000	1 000	0
Total Long-Term Debt	2 178 000	2 237 000	3 713 000	3 838 000
Creditors	14 000	401 000	131 000	297 000
Unpaid Taxes	100 000	124 000	89 000	12 000
Dividends	400 000	0	100 000	0
Other Current Debt	84 000	192 000	120 000	112 000
Total Current Debt	738 000	829 000	442 000	420 000
Total Equity and Debt	7 173 000	6 991 000	7 855 000	7 889 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,22 %	5,71 %	4,57 %	3,03 %
Debt-to-Equity Ratio	0,51	0,57	1	1,06
Operating Profit Margin	21,97 %	8,06 %	7,34 %	5,25 %
Current Ratio	2,92	2,69	4,11	4,4
Quick Ratio	2,92	2,69	4,11	4,4
Equity Ratio	0,59	0,56	0,47	0,46
Gross Profit Margin	74,96 %	59,08 %	63,43 %	54,21 %