MIDT-NORSK RØR AS

7514 STJØRDAL

Finances

Return on Equity

24,8 %

Current Ratio

3,13

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	49 502 000	50 433 000	30 257 000	35 284 000
Net Income	3 461 000	4 247 000	409 000	1 122 000
Total Assets	21 757 000	18 461 000	14 289 000	14 375 000
Total Equity	13 954 000	10 494 000	6 577 000	7 208 000

Income (NOK)	2022	2021	2020	2019
Revenue	49 502 000	50 433 000	30 257 000	35 284 000
Expenditure	44 849 000	44 679 000	29 606 000	33 440 000
Operating Profit	4 653 000	5 753 000	651 000	1 843 000
Financial Income	222 000	178 000	262 000	62 000
Financial Costs	436 000	450 000	395 000	401 000
Financial Balance	−214 000	−272 000	−133 000	−339 000
Earnings Before Tax	4 438 000	5 481 000	518 000	1 504 000
Tax	977 000	1 235 000	109 000	382 000
Net Income	3 461 000	4 247 000	409 000	1 122 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 238 000	456 000	582 000	711 000
Total Current Assets	20 519 000	18 005 000	13 707 000	13 665 000
Total Assets	21 757 000	18 461 000	14 289 000	14 375 000
Total Retained Equity	13 924 000	10 464 000	6 547 000	7 178 000
Total Equity	13 954 000	10 494 000	6 577 000	7 208 000
Total Long-Term Debt	1 238 000	1 524 000	1 810 000	0
Total Current Debt	6 565 000	6 443 000	5 902 000	7 167 000
Total Equity and Debt	21 757 000	18 461 000	14 289 000	14 375 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	49 425 000	50 171 000	29 967 000	35 285 000
Other Income	76 000	262 000	291 000	−1 000
Revenue	49 502 000	50 433 000	30 257 000	35 284 000
Cost of Goods Sold	32 206 000	32 636 000	19 559 000	23 434 000
Salary Costs	5 899 000	6 267 000	5 266 000	5 216 000
Depreciation	236 000	165 000	140 000	152 000
Impairment	0	0	0	0
Expenditure	44 849 000	44 679 000	29 606 000	33 440 000
Operating Profit	4 653 000	5 753 000	651 000	1 843 000
Financial Income	222 000	178 000	262 000	62 000
Financial Costs	436 000	450 000	395 000	401 000
Financial Balance	−214 000	−272 000	−133 000	−339 000
Dividends	0	0	0	0
Net Income	3 461 000	4 247 000	409 000	1 122 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	35 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	60 000	122 000	185 000	155 000
Fixtures	956 000	173 000	256 000	352 000
Total Tangible Assets	1 016 000	295 000	441 000	507 000
Total Fiancial Fixed Assets	188 000	161 000	142 000	204 000
Total Fixed Assets	1 238 000	456 000	582 000	711 000
Stock	11 675 000	13 621 000	9 928 000	10 687 000
Total Investments	0	0	0	0
Cash, Bank	3 419 000	877 000	454 000	189 000
Total Current Assets	20 519 000	18 005 000	13 707 000	13 665 000
Total Assets	21 757 000	18 461 000	14 289 000	14 375 000
Total Equity	13 954 000	10 494 000	6 577 000	7 208 000
Short-Term Group Debt	0	423 000	493 000	0
Total Long-Term Debt	1 238 000	1 524 000	1 810 000	0
Creditors	3 185 000	3 405 000	1 935 000	1 088 000
Unpaid Taxes	1 534 000	831 000	720 000	545 000
Dividends	0	0	0	0
Other Current Debt	869 000	642 000	620 000	775 000
Total Current Debt	6 565 000	6 443 000	5 902 000	7 167 000
Total Equity and Debt	21 757 000	18 461 000	14 289 000	14 375 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,8 %	40,47 %	6,22 %	15,57 %
Debt-to-Equity Ratio	0,09	0,15	0,28	0
Operating Profit Margin	9,4 %	11,41 %	2,15 %	5,22 %
Current Ratio	3,13	2,79	2,32	1,91
Quick Ratio	−4,02	−2,51	−3,4	−3,88
Equity Ratio	0,64	0,57	0,46	0,5
Gross Profit Margin	34,94 %	35,29 %	35,36 %	33,58 %