MORTEN PETTERSEN AS

2010 STRØMMEN

Finances

Return on Equity

11,72 %

Current Ratio

2,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 755 000	5 297 000	5 343 000	5 575 000
Net Income	383 000	680 000	693 000	683 000
Total Assets	4 320 000	4 222 000	3 783 000	3 361 000
Total Equity	3 269 000	3 337 000	2 957 000	2 564 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 755 000	5 297 000	5 343 000	5 575 000
Expenditure	5 285 000	4 890 000	4 782 000	4 821 000
Operating Profit	471 000	407 000	561 000	753 000
Financial Income	875 000	783 000	1 036 000	461 000
Financial Costs	851 000	422 000	803 000	365 000
Financial Balance	24 000	361 000	233 000	96 000
Earnings Before Tax	495 000	768 000	795 000	849 000
Tax	112 000	88 000	102 000	166 000
Net Income	383 000	680 000	693 000	683 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 344 000	1 775 000	1 607 000	2 160 000
Total Current Assets	2 976 000	2 447 000	2 176 000	1 201 000
Total Assets	4 320 000	4 222 000	3 783 000	3 361 000
Total Retained Equity	3 239 000	3 307 000	2 927 000	2 534 000
Total Equity	3 269 000	3 337 000	2 957 000	2 564 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 051 000	886 000	826 000	797 000
Total Equity and Debt	4 320 000	4 222 000	3 783 000	3 361 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 755 000	5 297 000	5 343 000	5 575 000
Other Income	0	0	0	0
Revenue	5 755 000	5 297 000	5 343 000	5 575 000
Cost of Goods Sold	2 243 000	1 938 000	1 833 000	2 029 000
Salary Costs	2 297 000	2 259 000	2 198 000	2 192 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 285 000	4 890 000	4 782 000	4 821 000
Operating Profit	471 000	407 000	561 000	753 000
Financial Income	875 000	783 000	1 036 000	461 000
Financial Costs	851 000	422 000	803 000	365 000
Financial Balance	24 000	361 000	233 000	96 000
Dividends	300 000	300 000	300 000	200 000
Net Income	383 000	680 000	693 000	683 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	12 000	7 000	19 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 334 000	1 763 000	1 600 000	2 141 000
Total Fixed Assets	1 344 000	1 775 000	1 607 000	2 160 000
Stock	0	0	0	0
Total Investments	1 973 000	1 842 000	1 601 000	413 000
Cash, Bank	912 000	583 000	527 000	744 000
Total Current Assets	2 976 000	2 447 000	2 176 000	1 201 000
Total Assets	4 320 000	4 222 000	3 783 000	3 361 000
Total Equity	3 269 000	3 337 000	2 957 000	2 564 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	80 000	12 000	8 000	14 000
Unpaid Taxes	175 000	159 000	169 000	167 000
Dividends	300 000	300 000	300 000	200 000
Other Current Debt	686 000	623 000	557 000	455 000
Total Current Debt	1 051 000	886 000	826 000	797 000
Total Equity and Debt	4 320 000	4 222 000	3 783 000	3 361 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,72 %	20,38 %	23,44 %	26,64 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,18 %	7,68 %	10,5 %	13,51 %
Current Ratio	2,83	2,76	2,63	1,51
Quick Ratio	2,83	2,76	2,63	1,51
Equity Ratio	0,76	0,79	0,78	0,76
Gross Profit Margin	61,03 %	63,41 %	65,69 %	63,61 %