MORTEN HAAVE AS

7506 STJØRDAL

Finances

Share Ownership

Return on Equity

5,38 %

Current Ratio

1,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	565 000	368 000	131 000	476 000
Net Income	10 000	9 000	−43 000	10 000
Total Assets	590 000	479 000	206 000	520 000
Total Equity	186 000	176 000	167 000	210 000

Income (NOK)	2022	2021	2020	2019
Revenue	565 000	368 000	131 000	476 000
Expenditure	550 000	357 000	188 000	464 000
Operating Profit	15 000	12 000	−55 000	13 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	15 000	12 000	−55 000	13 000
Tax	5 000	3 000	−12 000	3 000
Net Income	10 000	9 000	−43 000	10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 000	36 000	57 000	77 000
Total Current Assets	574 000	443 000	149 000	443 000
Total Assets	590 000	479 000	206 000	520 000
Total Retained Equity	155 000	146 000	136 000	179 000
Total Equity	186 000	176 000	167 000	210 000
Total Long-Term Debt	0	2 000	4 000	10 000
Total Current Debt	404 000	301 000	35 000	300 000
Total Equity and Debt	590 000	479 000	206 000	520 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	565 000	368 000	131 000	476 000
Other Income	0	0	0	0
Revenue	565 000	368 000	131 000	476 000
Cost of Goods Sold	133 000	55 000	46 000	169 000
Salary Costs	301 000	197 000	24 000	179 000
Depreciation	21 000	21 000	21 000	21 000
Impairment	0	0	0	0
Expenditure	550 000	357 000	188 000	464 000
Operating Profit	15 000	12 000	−55 000	13 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	10 000	9 000	−43 000	10 000

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	7 000	25 000	42 000	60 000
Fixtures	9 000	12 000	15 000	18 000
Total Tangible Assets	16 000	36 000	57 000	77 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 000	36 000	57 000	77 000
Stock	0	1 000	3 000	2 000
Total Investments	0	0	0	0
Cash, Bank	279 000	250 000	68 000	202 000
Total Current Assets	574 000	443 000	149 000	443 000
Total Assets	590 000	479 000	206 000	520 000
Total Equity	186 000	176 000	167 000	210 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 000	4 000	10 000
Creditors	12 000	11 000	2 000	1 000
Unpaid Taxes	37 000	61 000	0	62 000
Dividends	0	0	0	0
Other Current Debt	348 000	225 000	32 000	233 000
Total Current Debt	404 000	301 000	35 000	300 000
Total Equity and Debt	590 000	479 000	206 000	520 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,38 %	5,11 %	−25,75 %	4,76 %
Debt-to-Equity Ratio	0	0,01	0,02	0,05
Operating Profit Margin	2,65 %	3,26 %	−41,98 %	2,73 %
Current Ratio	1,42	1,47	4,26	1,48
Quick Ratio	1,42	1,48	4,66	1,49
Equity Ratio	0,32	0,37	0,81	0,4
Gross Profit Margin	76,46 %	85,05 %	64,89 %	64,5 %