MORTEN ENGEBRETSEN AS

0154 OSLO

Finances

Return on Equity

44,35 %

Current Ratio

1,38

Debt-to-Equity Ratio

5,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	269 792 000	216 834 000	134 657 000	50 944 000
Net Income	6 590 000	6 383 000	18 672 000	4 061 000
Total Assets	176 801 000	129 043 000	56 847 000	34 221 000
Total Equity	14 858 000	7 529 000	17 566 000	9 109 000

Income (NOK)	2022	2021	2020	2019
Revenue	269 792 000	216 834 000	134 657 000	50 944 000
Expenditure	254 974 000	206 016 000	110 376 000	44 863 000
Operating Profit	14 819 000	10 818 000	24 282 000	6 082 000
Financial Income	1 836 000	1 227 000	1 092 000	261 000
Financial Costs	8 263 000	3 799 000	2 507 000	1 089 000
Financial Balance	−6 427 000	−2 572 000	−1 415 000	−828 000
Earnings Before Tax	8 391 000	8 246 000	22 867 000	5 253 000
Tax	1 801 000	1 863 000	4 195 000	1 193 000
Net Income	6 590 000	6 383 000	18 672 000	4 061 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	64 395 000	54 536 000	1 700 000	13 120 000
Total Current Assets	112 406 000	74 507 000	55 148 000	21 101 000
Total Assets	176 801 000	129 043 000	56 847 000	34 221 000
Total Retained Equity	14 758 000	7 429 000	17 466 000	9 009 000
Total Equity	14 858 000	7 529 000	17 566 000	9 109 000
Total Long-Term Debt	80 349 000	42 113 000	329 000	5 140 000
Total Current Debt	81 594 000	79 401 000	38 952 000	19 972 000
Total Equity and Debt	176 801 000	129 043 000	56 847 000	34 221 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	269 416 000	215 283 000	133 556 000	50 810 000
Other Income	376 000	1 551 000	1 101 000	133 000
Revenue	269 792 000	216 834 000	134 657 000	50 944 000
Cost of Goods Sold	163 096 000	130 894 000	82 642 000	27 371 000
Salary Costs	23 720 000	18 153 000	11 989 000	8 699 000
Depreciation	1 586 000	1 257 000	292 000	338 000
Impairment	0	0	0	0
Expenditure	254 974 000	206 016 000	110 376 000	44 863 000
Operating Profit	14 819 000	10 818 000	24 282 000	6 082 000
Financial Income	1 836 000	1 227 000	1 092 000	261 000
Financial Costs	8 263 000	3 799 000	2 507 000	1 089 000
Financial Balance	−6 427 000	−2 572 000	−1 415 000	−828 000
Dividends	0	0	0	2 500 000
Net Income	6 590 000	6 383 000	18 672 000	4 061 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 462 000	4 533 000	7 000	190 000
Real Eastate	54 350 000	48 555 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 583 000	1 448 000	1 693 000	441 000
Total Tangible Assets	55 933 000	50 003 000	1 693 000	441 000
Total Fiancial Fixed Assets	0	0	0	12 488 000
Total Fixed Assets	64 395 000	54 536 000	1 700 000	13 120 000
Stock	71 704 000	29 309 000	13 925 000	3 399 000
Total Investments	0	0	0	0
Cash, Bank	9 258 000	26 912 000	26 706 000	9 913 000
Total Current Assets	112 406 000	74 507 000	55 148 000	21 101 000
Total Assets	176 801 000	129 043 000	56 847 000	34 221 000
Total Equity	14 858 000	7 529 000	17 566 000	9 109 000
Short-Term Group Debt	0	0	0	3 495 000
Total Long-Term Debt	80 349 000	42 113 000	329 000	5 140 000
Creditors	32 291 000	35 544 000	13 218 000	5 469 000
Unpaid Taxes	3 904 000	3 491 000	2 848 000	2 893 000
Dividends	0	0	0	2 500 000
Other Current Debt	24 059 000	28 242 000	16 131 000	2 525 000
Total Current Debt	81 594 000	79 401 000	38 952 000	19 972 000
Total Equity and Debt	176 801 000	129 043 000	56 847 000	34 221 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,35 %	84,78 %	106,3 %	44,58 %
Debt-to-Equity Ratio	5,41	5,59	0,02	0,56
Operating Profit Margin	5,49 %	4,99 %	18,03 %	11,94 %
Current Ratio	1,38	0,94	1,42	1,06
Quick Ratio	11,37	1,49	2,2	1,27
Equity Ratio	0,08	0,06	0,31	0,27
Gross Profit Margin	39,55 %	39,63 %	38,63 %	46,27 %