MIDDELBORG UTVIKLING AS

3126 TØNSBERG

Finances

Share Ownership

Return on Equity

19,58 %

Current Ratio

1,08

Debt-to-Equity Ratio

−4,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	96 000	96 000	105 000	65 000
Net Income	−348 000	−297 000	−282 000	−319 000
Total Assets	13 333 000	6 049 000	5 975 000	5 892 000
Total Equity	−1 777 000	−1 429 000	−1 133 000	−851 000

Income (NOK)	2022	2021	2020	2019
Revenue	96 000	96 000	105 000	65 000
Expenditure	74 000	72 000	79 000	99 000
Operating Profit	22 000	24 000	26 000	−34 000
Financial Income	0	0	0	0
Financial Costs	371 000	321 000	308 000	285 000
Financial Balance	−371 000	−321 000	−308 000	−285 000
Earnings Before Tax	−348 000	−297 000	−282 000	−319 000
Tax	0	0	0	0
Net Income	−348 000	−297 000	−282 000	−319 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 938 000	6 030 000	5 938 000	5 867 000
Total Current Assets	7 395 000	19 000	37 000	25 000
Total Assets	13 333 000	6 049 000	5 975 000	5 892 000
Total Retained Equity	−2 145 000	−1 797 000	−1 501 000	−1 219 000
Total Equity	−1 777 000	−1 429 000	−1 133 000	−851 000
Total Long-Term Debt	8 257 000	7 455 000	7 074 000	6 563 000
Total Current Debt	6 853 000	23 000	34 000	180 000
Total Equity and Debt	13 333 000	6 049 000	5 975 000	5 892 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	96 000	96 000	105 000	65 000
Other Income	0	0	0	0
Revenue	96 000	96 000	105 000	65 000
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	74 000	72 000	79 000	99 000
Operating Profit	22 000	24 000	26 000	−34 000
Financial Income	0	0	0	0
Financial Costs	371 000	321 000	308 000	285 000
Financial Balance	−371 000	−321 000	−308 000	−285 000
Dividends	0	0	0	0
Net Income	−348 000	−297 000	−282 000	−319 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 938 000	6 030 000	5 938 000	5 867 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 938 000	6 030 000	5 938 000	5 867 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 938 000	6 030 000	5 938 000	5 867 000
Stock	7 335 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	34 000	4 000	12 000	12 000
Total Current Assets	7 395 000	19 000	37 000	25 000
Total Assets	13 333 000	6 049 000	5 975 000	5 892 000
Total Equity	−1 777 000	−1 429 000	−1 133 000	−851 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 257 000	7 455 000	7 074 000	6 563 000
Creditors	484 000	15 000	26 000	153 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 369 000	8 000	8 000	27 000
Total Current Debt	6 853 000	23 000	34 000	180 000
Total Equity and Debt	13 333 000	6 049 000	5 975 000	5 892 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,58 %	20,78 %	24,89 %	37,49 %
Debt-to-Equity Ratio	−4,65	−5,22	−6,24	−7,71
Operating Profit Margin	22,92 %	25 %	24,76 %	−52,31 %
Current Ratio	1,08	0,83	1,09	0,14
Quick Ratio	−15,34	0,83	1,09	0,14
Equity Ratio	−0,13	−0,24	−0,19	−0,14
Gross Profit Margin	100 %	100 %	100 %	100 %