MIDGARD KROKEN AS

9022 KROKELVDALEN

Finances

Share Ownership

Return on Equity

11,24 %

Current Ratio

1,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 119 000	3 495 000	3 055 000	3 183 000
Net Income	20 000	69 000	−51 000	71 000
Total Assets	711 000	758 000	411 000	554 000
Total Equity	178 000	158 000	−82 000	−31 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 119 000	3 495 000	3 055 000	3 183 000
Expenditure	4 087 000	3 417 000	3 095 000	3 092 000
Operating Profit	34 000	77 000	−41 000	91 000
Financial Income	0	0	0	0
Financial Costs	2 000	5 000	11 000	16 000
Financial Balance	−2 000	−5 000	−11 000	−16 000
Earnings Before Tax	31 000	72 000	−51 000	75 000
Tax	11 000	2 000	0	4 000
Net Income	20 000	69 000	−51 000	71 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	118 000	186 000	148 000	199 000
Total Current Assets	592 000	572 000	263 000	355 000
Total Assets	711 000	758 000	411 000	554 000
Total Retained Equity	28 000	8 000	−232 000	−172 000
Total Equity	178 000	158 000	−82 000	−31 000
Total Long-Term Debt	0	0	48 000	133 000
Total Current Debt	533 000	600 000	445 000	452 000
Total Equity and Debt	711 000	758 000	411 000	554 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 113 000	3 495 000	3 055 000	3 183 000
Other Income	6 000	0	0	0
Revenue	4 119 000	3 495 000	3 055 000	3 183 000
Cost of Goods Sold	1 765 000	1 289 000	1 247 000	1 093 000
Salary Costs	1 431 000	1 411 000	1 191 000	1 460 000
Depreciation	88 000	78 000	84 000	60 000
Impairment	0	0	0	0
Expenditure	4 087 000	3 417 000	3 095 000	3 092 000
Operating Profit	34 000	77 000	−41 000	91 000
Financial Income	0	0	0	0
Financial Costs	2 000	5 000	11 000	16 000
Financial Balance	−2 000	−5 000	−11 000	−16 000
Dividends	0	0	0	0
Net Income	20 000	69 000	−51 000	71 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	101 000	186 000	148 000	198 000
Total Tangible Assets	101 000	186 000	148 000	198 000
Total Fiancial Fixed Assets	0	0	0	1 000
Total Fixed Assets	118 000	186 000	148 000	199 000
Stock	176 000	212 000	95 000	81 000
Total Investments	0	0	0	0
Cash, Bank	87 000	139 000	145 000	170 000
Total Current Assets	592 000	572 000	263 000	355 000
Total Assets	711 000	758 000	411 000	554 000
Total Equity	178 000	158 000	−82 000	−31 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	48 000	133 000
Creditors	131 000	244 000	109 000	124 000
Unpaid Taxes	170 000	123 000	134 000	116 000
Dividends	0	0	0	0
Other Current Debt	220 000	223 000	203 000	208 000
Total Current Debt	533 000	600 000	445 000	452 000
Total Equity and Debt	711 000	758 000	411 000	554 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,24 %	43,67 %	62,2 %	−229,03 %
Debt-to-Equity Ratio	0	0	−0,59	−4,29
Operating Profit Margin	0,83 %	2,2 %	−1,34 %	2,86 %
Current Ratio	1,11	0,95	0,59	0,79
Quick Ratio	1,66	1,47	0,75	0,96
Equity Ratio	0,25	0,21	−0,2	−0,06
Gross Profit Margin	57,15 %	63,12 %	59,18 %	65,66 %