MIDTNORSK FORSIKRING AS

7160 BJUGN

Finances

Share Ownership

Return on Equity

23,29 %

Current Ratio

2,39

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 662 000	1 788 000	1 790 000	1 646 000
Net Income	129 000	173 000	288 000	18 000
Total Assets	963 000	741 000	810 000	491 000
Total Equity	554 000	245 000	512 000	224 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 662 000	1 788 000	1 790 000	1 646 000
Expenditure	1 490 000	1 558 000	1 404 000	1 626 000
Operating Profit	172 000	230 000	385 000	20 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	172 000	230 000	386 000	20 000
Tax	43 000	58 000	97 000	2 000
Net Income	129 000	173 000	288 000	18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 000	376 000	450 000	58 000
Total Current Assets	946 000	365 000	361 000	434 000
Total Assets	963 000	741 000	810 000	491 000
Total Retained Equity	254 000	185 000	212 000	−76 000
Total Equity	554 000	245 000	512 000	224 000
Total Long-Term Debt	14 000	27 000	21 000	0
Total Current Debt	396 000	469 000	277 000	268 000
Total Equity and Debt	963 000	741 000	810 000	491 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 662 000	1 767 000	1 790 000	1 646 000
Other Income	0	21 000	0	0
Revenue	1 662 000	1 788 000	1 790 000	1 646 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 258 000	1 275 000	1 082 000	1 332 000
Depreciation	44 000	57 000	12 000	0
Impairment	0	0	0	0
Expenditure	1 490 000	1 558 000	1 404 000	1 626 000
Operating Profit	172 000	230 000	385 000	20 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	60 000	200 000	0	0
Net Income	129 000	173 000	288 000	18 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	21 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	17 000	376 000	433 000	0
Total Tangible Assets	17 000	376 000	433 000	0
Total Fiancial Fixed Assets	0	0	17 000	37 000
Total Fixed Assets	17 000	376 000	450 000	58 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	523 000	108 000	176 000	199 000
Total Current Assets	946 000	365 000	361 000	434 000
Total Assets	963 000	741 000	810 000	491 000
Total Equity	554 000	245 000	512 000	224 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 000	27 000	21 000	0
Creditors	10 000	7 000	39 000	34 000
Unpaid Taxes	101 000	56 000	71 000	94 000
Dividends	60 000	200 000	0	0
Other Current Debt	168 000	155 000	112 000	140 000
Total Current Debt	396 000	469 000	277 000	268 000
Total Equity and Debt	963 000	741 000	810 000	491 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,29 %	70,61 %	56,25 %	8,04 %
Debt-to-Equity Ratio	0,03	0,11	0,04	0
Operating Profit Margin	10,35 %	12,86 %	21,51 %	1,22 %
Current Ratio	2,39	0,78	1,3	1,62
Quick Ratio	2,39	0,78	1,3	1,62
Equity Ratio	0,58	0,33	0,63	0,46
Gross Profit Margin	100 %	100 %	100 %	100 %