MIDCON AS

2211 KONGSVINGER

Finances

Share Ownership

Return on Equity

53,72 %

Current Ratio

1,43

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 855 000	26 684 000	25 935 000	20 483 000
Net Income	2 553 000	1 583 000	829 000	599 000
Total Assets	14 887 000	15 769 000	9 420 000	7 825 000
Total Equity	4 752 000	2 198 000	4 615 000	3 787 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 855 000	26 684 000	25 935 000	20 483 000
Expenditure	27 484 000	24 778 000	24 583 000	19 523 000
Operating Profit	3 371 000	1 906 000	1 352 000	959 000
Financial Income	166 000	294 000	189 000	52 000
Financial Costs	226 000	98 000	438 000	251 000
Financial Balance	−60 000	196 000	−249 000	−199 000
Earnings Before Tax	3 310 000	2 101 000	1 103 000	761 000
Tax	757 000	518 000	274 000	161 000
Net Income	2 553 000	1 583 000	829 000	599 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	636 000	523 000	601 000	616 000
Total Current Assets	14 251 000	15 246 000	8 819 000	7 209 000
Total Assets	14 887 000	15 769 000	9 420 000	7 825 000
Total Retained Equity	4 652 000	2 098 000	4 515 000	3 687 000
Total Equity	4 752 000	2 198 000	4 615 000	3 787 000
Total Long-Term Debt	154 000	140 000	125 000	155 000
Total Current Debt	9 981 000	13 431 000	4 680 000	3 884 000
Total Equity and Debt	14 887 000	15 769 000	9 420 000	7 825 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 795 000	26 614 000	25 935 000	20 301 000
Other Income	60 000	70 000	0	182 000
Revenue	30 855 000	26 684 000	25 935 000	20 483 000
Cost of Goods Sold	22 956 000	20 068 000	20 154 000	15 912 000
Salary Costs	2 726 000	2 909 000	2 565 000	2 079 000
Depreciation	212 000	179 000	185 000	150 000
Impairment	0	0	35 000	0
Expenditure	27 484 000	24 778 000	24 583 000	19 523 000
Operating Profit	3 371 000	1 906 000	1 352 000	959 000
Financial Income	166 000	294 000	189 000	52 000
Financial Costs	226 000	98 000	438 000	251 000
Financial Balance	−60 000	196 000	−249 000	−199 000
Dividends	0	4 000 000	0	0
Net Income	2 553 000	1 583 000	829 000	599 000

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	580 000	487 000	561 000	566 000
Fixtures	20 000	0	4 000	14 000
Total Tangible Assets	600 000	487 000	565 000	580 000
Total Fiancial Fixed Assets	36 000	36 000	36 000	36 000
Total Fixed Assets	636 000	523 000	601 000	616 000
Stock	4 091 000	6 034 000	2 849 000	2 856 000
Total Investments	0	0	0	0
Cash, Bank	5 929 000	5 373 000	2 243 000	1 535 000
Total Current Assets	14 251 000	15 246 000	8 819 000	7 209 000
Total Assets	14 887 000	15 769 000	9 420 000	7 825 000
Total Equity	4 752 000	2 198 000	4 615 000	3 787 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	154 000	140 000	125 000	155 000
Creditors	3 829 000	6 077 000	2 478 000	2 106 000
Unpaid Taxes	1 640 000	968 000	950 000	757 000
Dividends	0	4 000 000	0	0
Other Current Debt	3 755 000	5 867 000	976 000	860 000
Total Current Debt	9 981 000	13 431 000	4 680 000	3 884 000
Total Equity and Debt	14 887 000	15 769 000	9 420 000	7 825 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,72 %	72,02 %	17,96 %	15,82 %
Debt-to-Equity Ratio	0,03	0,06	0,03	0,04
Operating Profit Margin	10,93 %	7,14 %	5,21 %	4,68 %
Current Ratio	1,43	1,14	1,88	1,86
Quick Ratio	2,42	2,06	4,82	7,01
Equity Ratio	0,32	0,14	0,49	0,48
Gross Profit Margin	25,6 %	24,79 %	22,29 %	22,32 %