MIDT-NORSK LYDFORMIDLING AS

7900 RØRVIK

Finances

Share Ownership

Return on Equity

78,13 %

Current Ratio

2,15

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	462 000	292 000	256 000	963 000
Net Income	50 000	7 000	−43 000	418 000
Total Assets	109 000	56 000	43 000	111 000
Total Equity	64 000	14 000	7 000	49 000

Income (NOK)	2022	2021	2020	2019
Revenue	462 000	292 000	256 000	963 000
Expenditure	397 000	282 000	310 000	515 000
Operating Profit	65 000	10 000	−54 000	448 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	1 000	0	20 000
Financial Balance	−1 000	−1 000	0	−19 000
Earnings Before Tax	65 000	9 000	−54 000	429 000
Tax	14 000	2 000	−11 000	11 000
Net Income	50 000	7 000	−43 000	418 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 000	0	0	0
Total Current Assets	86 000	56 000	43 000	111 000
Total Assets	109 000	56 000	43 000	111 000
Total Retained Equity	44 000	−6 000	−13 000	29 000
Total Equity	64 000	14 000	7 000	49 000
Total Long-Term Debt	5 000	2 000	0	11 000
Total Current Debt	40 000	40 000	37 000	51 000
Total Equity and Debt	109 000	56 000	43 000	111 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	462 000	292 000	256 000	539 000
Other Income	0	0	0	424 000
Revenue	462 000	292 000	256 000	963 000
Cost of Goods Sold	314 000	208 000	173 000	113 000
Salary Costs	17 000	30 000	16 000	51 000
Depreciation	12 000	0	0	129 000
Impairment	0	0	0	0
Expenditure	397 000	282 000	310 000	515 000
Operating Profit	65 000	10 000	−54 000	448 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	1 000	0	20 000
Financial Balance	−1 000	−1 000	0	−19 000
Dividends	0	0	0	0
Net Income	50 000	7 000	−43 000	418 000

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	0	0	0	0
Fixtures	23 000	0	0	0
Total Tangible Assets	23 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	23 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	52 000	51 000	2 000	25 000
Total Current Assets	86 000	56 000	43 000	111 000
Total Assets	109 000	56 000	43 000	111 000
Total Equity	64 000	14 000	7 000	49 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 000	2 000	0	11 000
Creditors	9 000	9 000	1 000	14 000
Unpaid Taxes	0	1 000	0	13 000
Dividends	0	0	0	0
Other Current Debt	20 000	30 000	36 000	24 000
Total Current Debt	40 000	40 000	37 000	51 000
Total Equity and Debt	109 000	56 000	43 000	111 000

Financial indicators	2022	2021	2020	2019
Return on Equity	78,13 %	50 %	−614,29 %	853,06 %
Debt-to-Equity Ratio	0,08	0,14	0	0,22
Operating Profit Margin	14,07 %	3,42 %	−21,09 %	46,52 %
Current Ratio	2,15	1,4	1,16	2,18
Quick Ratio	2,15	1,4	1,16	2,18
Equity Ratio	0,59	0,25	0,16	0,44
Gross Profit Margin	32,03 %	28,77 %	32,42 %	88,27 %