MIDGARD BOLIG AS

5009 BERGEN

Finances

Return on Equity

−2,28 %

Current Ratio

0,62

Debt-to-Equity Ratio

5,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−137 000	751 000	1 056 000	1 306 000
Total Assets	41 471 000	8 165 000	21 150 000	24 907 000
Total Equity	6 000 000	6 347 000	6 337 000	6 148 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	68 000	42 000	23 000	38 000
Operating Profit	−68 000	−42 000	−23 000	−38 000
Financial Income	1 600 000	968 000	1 583 000	2 210 000
Financial Costs	1 673 000	168 000	274 000	497 000
Financial Balance	−73 000	800 000	1 309 000	1 713 000
Earnings Before Tax	−141 000	759 000	1 286 000	1 674 000
Tax	−4 000	8 000	230 000	368 000
Net Income	−137 000	751 000	1 056 000	1 306 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 679 000	8 107 000	18 847 000	21 983 000
Total Current Assets	1 793 000	58 000	2 303 000	2 924 000
Total Assets	41 471 000	8 165 000	21 150 000	24 907 000
Total Retained Equity	0	236 000	239 000	0
Total Equity	6 000 000	6 347 000	6 337 000	6 148 000
Total Long-Term Debt	32 584 000	723 000	12 715 000	15 933 000
Total Current Debt	2 887 000	1 094 000	2 097 000	2 825 000
Total Equity and Debt	41 471 000	8 165 000	21 150 000	24 907 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
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	68 000	42 000	23 000	38 000
Operating Profit	−68 000	−42 000	−23 000	−38 000
Financial Income	1 600 000	968 000	1 583 000	2 210 000
Financial Costs	1 673 000	168 000	274 000	497 000
Financial Balance	−73 000	800 000	1 309 000	1 713 000
Dividends	0	0	0	0
Net Income	−137 000	751 000	1 056 000	1 306 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	39 679 000	8 107 000	18 847 000	21 983 000
Total Fixed Assets	39 679 000	8 107 000	18 847 000	21 983 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 000	8 000	4 000	2 000
Total Current Assets	1 793 000	58 000	2 303 000	2 924 000
Total Assets	41 471 000	8 165 000	21 150 000	24 907 000
Total Equity	6 000 000	6 347 000	6 337 000	6 148 000
Short-Term Group Debt	2 445 000	1 094 000	2 097 000	2 824 000
Total Long-Term Debt	32 584 000	723 000	12 715 000	15 933 000
Creditors	55 000	0	0	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	387 000	0	0	0
Total Current Debt	2 887 000	1 094 000	2 097 000	2 825 000
Total Equity and Debt	41 471 000	8 165 000	21 150 000	24 907 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,28 %	11,83 %	16,66 %	21,24 %
Debt-to-Equity Ratio	5,43	0,11	2,01	2,59
Operating Profit Margin	-	-	-	-
Current Ratio	0,62	0,05	1,1	1,04
Quick Ratio	0,62	0,05	1,1	1,04
Equity Ratio	0,14	0,78	0,3	0,25
Gross Profit Margin	-	-	-	-