MIDTSTØL SJØ AS

4848 ARENDAL

Finances

Return on Equity

36,58 %

Current Ratio

0,81

Debt-to-Equity Ratio

0,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 504 000	9 375 000	7 595 000	8 682 000
Net Income	1 489 000	119 000	−839 000	−1 574 000
Total Assets	10 352 000	5 034 000	3 302 000	4 354 000
Total Equity	4 071 000	2 582 000	2 462 000	3 302 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 504 000	9 375 000	7 595 000	8 682 000
Expenditure	13 381 000	9 218 000	8 602 000	9 187 000
Operating Profit	2 123 000	157 000	−1 008 000	−505 000
Financial Income	22 000	4 000	2 000	4 000
Financial Costs	237 000	7 000	58 000	1 187 000
Financial Balance	−215 000	−3 000	−56 000	−1 183 000
Earnings Before Tax	1 909 000	154 000	−1 064 000	−1 687 000
Tax	420 000	35 000	−225 000	−113 000
Net Income	1 489 000	119 000	−839 000	−1 574 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 212 000	1 859 000	2 294 000	3 177 000
Total Current Assets	2 140 000	3 175 000	1 008 000	1 177 000
Total Assets	10 352 000	5 034 000	3 302 000	4 354 000
Total Retained Equity	3 071 000	1 582 000	1 462 000	2 302 000
Total Equity	4 071 000	2 582 000	2 462 000	3 302 000
Total Long-Term Debt	3 630 000	0	0	0
Total Current Debt	2 652 000	2 453 000	839 000	1 052 000
Total Equity and Debt	10 352 000	5 034 000	3 302 000	4 354 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 280 000	9 144 000	7 656 000	8 352 000
Other Income	224 000	230 000	−62 000	330 000
Revenue	15 504 000	9 375 000	7 595 000	8 682 000
Cost of Goods Sold	6 165 000	3 639 000	3 489 000	3 832 000
Salary Costs	2 603 000	2 488 000	2 115 000	2 119 000
Depreciation	1 015 000	821 000	864 000	1 086 000
Impairment	0	0	0	471 000
Expenditure	13 381 000	9 218 000	8 602 000	9 187 000
Operating Profit	2 123 000	157 000	−1 008 000	−505 000
Financial Income	22 000	4 000	2 000	4 000
Financial Costs	237 000	7 000	58 000	1 187 000
Financial Balance	−215 000	−3 000	−56 000	−1 183 000
Dividends	0	0	0	0
Net Income	1 489 000	119 000	−839 000	−1 574 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	171 000	333 000	367 000	297 000
Real Eastate	68 000	87 000	105 000	124 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 044 000	460 000	255 000	926 000
Total Tangible Assets	7 997 000	1 454 000	1 884 000	2 840 000
Total Fiancial Fixed Assets	43 000	72 000	43 000	40 000
Total Fixed Assets	8 212 000	1 859 000	2 294 000	3 177 000
Stock	13 000	13 000	24 000	147 000
Total Investments	0	0	0	0
Cash, Bank	360 000	627 000	73 000	63 000
Total Current Assets	2 140 000	3 175 000	1 008 000	1 177 000
Total Assets	10 352 000	5 034 000	3 302 000	4 354 000
Total Equity	4 071 000	2 582 000	2 462 000	3 302 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 630 000	0	0	0
Creditors	836 000	989 000	255 000	391 000
Unpaid Taxes	588 000	554 000	279 000	229 000
Dividends	0	0	0	0
Other Current Debt	969 000	909 000	288 000	221 000
Total Current Debt	2 652 000	2 453 000	839 000	1 052 000
Total Equity and Debt	10 352 000	5 034 000	3 302 000	4 354 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,58 %	4,61 %	−34,08 %	−47,67 %
Debt-to-Equity Ratio	0,89	0	0	0
Operating Profit Margin	13,69 %	1,67 %	−13,27 %	−5,82 %
Current Ratio	0,81	1,29	1,2	1,12
Quick Ratio	0,81	1,3	1,24	1,3
Equity Ratio	0,39	0,51	0,75	0,76
Gross Profit Margin	60,24 %	61,18 %	54,06 %	55,86 %