MIDDELHAVETS MARKED AS

7011 TRONDHEIM

Finances

Share Ownership

Return on Equity

6,32 %

Current Ratio

1,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 081 000	10 721 000	12 061 000	9 944 000
Net Income	60 000	22 000	123 000	35 000
Total Assets	1 784 000	1 453 000	1 500 000	1 285 000
Total Equity	949 000	888 000	866 000	743 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 081 000	10 721 000	12 061 000	9 944 000
Expenditure	11 002 000	10 692 000	11 875 000	9 905 000
Operating Profit	79 000	30 000	186 000	39 000
Financial Income	0	−1 000	1 000	8 000
Financial Costs	1 000	0	27 000	2 000
Financial Balance	−1 000	−1 000	−26 000	6 000
Earnings Before Tax	78 000	29 000	159 000	45 000
Tax	18 000	7 000	36 000	11 000
Net Income	60 000	22 000	123 000	35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	119 000	145 000	237 000	250 000
Total Current Assets	1 665 000	1 308 000	1 263 000	1 034 000
Total Assets	1 784 000	1 453 000	1 500 000	1 285 000
Total Retained Equity	819 000	758 000	736 000	613 000
Total Equity	949 000	888 000	866 000	743 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	835 000	564 000	634 000	542 000
Total Equity and Debt	1 784 000	1 453 000	1 500 000	1 285 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 064 000	10 688 000	12 020 000	9 895 000
Other Income	17 000	34 000	41 000	49 000
Revenue	11 081 000	10 721 000	12 061 000	9 944 000
Cost of Goods Sold	7 215 000	6 794 000	7 865 000	6 429 000
Salary Costs	2 111 000	2 241 000	2 130 000	1 855 000
Depreciation	101 000	102 000	100 000	68 000
Impairment	0	0	0	0
Expenditure	11 002 000	10 692 000	11 875 000	9 905 000
Operating Profit	79 000	30 000	186 000	39 000
Financial Income	0	−1 000	1 000	8 000
Financial Costs	1 000	0	27 000	2 000
Financial Balance	−1 000	−1 000	−26 000	6 000
Dividends	0	0	0	0
Net Income	60 000	22 000	123 000	35 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	25 000	15 000	5 000	18 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	94 000	130 000	232 000	232 000
Total Tangible Assets	94 000	130 000	232 000	232 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	119 000	145 000	237 000	250 000
Stock	1 152 000	1 060 000	674 000	565 000
Total Investments	0	0	0	0
Cash, Bank	395 000	185 000	511 000	428 000
Total Current Assets	1 665 000	1 308 000	1 263 000	1 034 000
Total Assets	1 784 000	1 453 000	1 500 000	1 285 000
Total Equity	949 000	888 000	866 000	743 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	334 000	107 000	229 000	175 000
Unpaid Taxes	90 000	166 000	183 000	93 000
Dividends	0	0	0	0
Other Current Debt	383 000	275 000	200 000	274 000
Total Current Debt	835 000	564 000	634 000	542 000
Total Equity and Debt	1 784 000	1 453 000	1 500 000	1 285 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,32 %	2,48 %	14,2 %	4,71 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,71 %	0,28 %	1,54 %	0,39 %
Current Ratio	1,99	2,32	1,99	1,91
Quick Ratio	−5,25	−2,64	−31,58	−44,96
Equity Ratio	0,53	0,61	0,58	0,58
Gross Profit Margin	34,89 %	36,63 %	34,79 %	35,35 %