RUNE MORTENSEN AS

4405 FLEKKEFJORD

Finances

Share Ownership

Return on Equity

30,99 %

Current Ratio

3,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 081 000	2 107 000	1 638 000	1 820 000
Net Income	273 000	342 000	198 000	98 000
Total Assets	1 225 000	1 123 000	775 000	610 000
Total Equity	881 000	778 000	511 000	313 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 081 000	2 107 000	1 638 000	1 820 000
Expenditure	1 730 000	1 669 000	1 383 000	1 693 000
Operating Profit	350 000	438 000	255 000	127 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	350 000	438 000	255 000	127 000
Tax	77 000	96 000	57 000	29 000
Net Income	273 000	342 000	198 000	98 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	67 000	0	0	0
Total Current Assets	1 158 000	1 123 000	775 000	610 000
Total Assets	1 225 000	1 123 000	775 000	610 000
Total Retained Equity	851 000	748 000	481 000	283 000
Total Equity	881 000	778 000	511 000	313 000
Total Long-Term Debt	4 000	0	0	0
Total Current Debt	340 000	344 000	264 000	297 000
Total Equity and Debt	1 225 000	1 123 000	775 000	610 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 081 000	2 107 000	1 652 000	1 807 000
Other Income	0	0	−14 000	14 000
Revenue	2 081 000	2 107 000	1 638 000	1 820 000
Cost of Goods Sold	356 000	349 000	358 000	417 000
Salary Costs	1 162 000	1 092 000	784 000	1 067 000
Depreciation	3 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 730 000	1 669 000	1 383 000	1 693 000
Operating Profit	350 000	438 000	255 000	127 000
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	273 000	342 000	198 000	98 000

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	67 000	0	0	0
Total Tangible Assets	67 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	67 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 078 000	875 000	498 000	483 000
Total Current Assets	1 158 000	1 123 000	775 000	610 000
Total Assets	1 225 000	1 123 000	775 000	610 000
Total Equity	881 000	778 000	511 000	313 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	0	0	0
Creditors	1 000	5 000	5 000	18 000
Unpaid Taxes	150 000	131 000	113 000	139 000
Dividends	0	0	0	0
Other Current Debt	116 000	112 000	90 000	111 000
Total Current Debt	340 000	344 000	264 000	297 000
Total Equity and Debt	1 225 000	1 123 000	775 000	610 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,99 %	43,96 %	38,75 %	31,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,82 %	20,79 %	15,57 %	6,98 %
Current Ratio	3,41	3,26	2,94	2,05
Quick Ratio	3,41	3,26	2,94	2,05
Equity Ratio	0,72	0,69	0,66	0,51
Gross Profit Margin	82,89 %	83,44 %	78,14 %	77,09 %