MIDGARD DELTA AS

5009 BERGEN

Finances

Return on Equity

47,1 %

Current Ratio

0,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	21 054 000	18 451 000	3 410 000	25 443 000
Total Assets	45 039 000	125 530 000	104 999 000	15 962 000
Total Equity	44 696 000	23 642 000	5 191 000	1 781 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	162 000	−421 000	567 000	74 000
Operating Profit	−162 000	421 000	−567 000	−74 000
Financial Income	22 210 000	23 761 000	6 513 000	25 872 000
Financial Costs	874 000	6 501 000	1 767 000	304 000
Financial Balance	21 336 000	17 260 000	4 746 000	25 568 000
Earnings Before Tax	21 174 000	17 682 000	4 179 000	25 494 000
Tax	120 000	−769 000	769 000	51 000
Net Income	21 054 000	18 451 000	3 410 000	25 443 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	45 004 000	125 082 000	104 799 000	15 923 000
Total Current Assets	34 000	448 000	200 000	40 000
Total Assets	45 039 000	125 530 000	104 999 000	15 962 000
Total Retained Equity	44 666 000	23 612 000	5 161 000	1 751 000
Total Equity	44 696 000	23 642 000	5 191 000	1 781 000
Total Long-Term Debt	200 000	101 884 000	99 648 000	13 097 000
Total Current Debt	143 000	4 000	160 000	1 084 000
Total Equity and Debt	45 039 000	125 530 000	104 999 000	15 962 000

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	162 000	−421 000	567 000	74 000
Operating Profit	−162 000	421 000	−567 000	−74 000
Financial Income	22 210 000	23 761 000	6 513 000	25 872 000
Financial Costs	874 000	6 501 000	1 767 000	304 000
Financial Balance	21 336 000	17 260 000	4 746 000	25 568 000
Dividends	0	0	0	43 500 000
Net Income	21 054 000	18 451 000	3 410 000	25 443 000

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	45 004 000	125 082 000	104 799 000	15 923 000
Total Fixed Assets	45 004 000	125 082 000	104 799 000	15 923 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	34 000	448 000	200 000	40 000
Total Current Assets	34 000	448 000	200 000	40 000
Total Assets	45 039 000	125 530 000	104 999 000	15 962 000
Total Equity	44 696 000	23 642 000	5 191 000	1 781 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	200 000	101 884 000	99 648 000	13 097 000
Creditors	23 000	4 000	13 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	43 500 000
Other Current Debt	0	0	147 000	1 033 000
Total Current Debt	143 000	4 000	160 000	1 084 000
Total Equity and Debt	45 039 000	125 530 000	104 999 000	15 962 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,1 %	78,04 %	65,69 %	1 428,58 %
Debt-to-Equity Ratio	0	4,31	19,2	7,35
Operating Profit Margin	-	-	-	-
Current Ratio	0,24	112	1,25	0,04
Quick Ratio	0,24	112	1,25	0,04
Equity Ratio	0,99	0,19	0,05	0,11
Gross Profit Margin	-	-	-	-