MORTEN HØNNELAND AS

4517 MANDAL

Finances

Share Ownership

Return on Equity

−110,53 %

Current Ratio

0,82

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 164 000	956 000	450 000	462 000
Net Income	42 000	−37 000	38 000	−15 000
Total Assets	178 000	152 000	99 000	99 000
Total Equity	−38 000	−65 000	−28 000	−66 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 164 000	956 000	450 000	462 000
Expenditure	1 091 000	999 000	395 000	471 000
Operating Profit	73 000	−43 000	55 000	−9 000
Financial Income	0	0	0	0
Financial Costs	9 000	4 000	6 000	10 000
Financial Balance	−9 000	−4 000	−6 000	−10 000
Earnings Before Tax	64 000	−48 000	49 000	−19 000
Tax	22 000	−11 000	11 000	−4 000
Net Income	42 000	−37 000	38 000	−15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	89 000	78 000	95 000
Total Current Assets	178 000	64 000	22 000	4 000
Total Assets	178 000	152 000	99 000	99 000
Total Retained Equity	−88 000	−115 000	−78 000	−116 000
Total Equity	−38 000	−65 000	−28 000	−66 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	216 000	217 000	127 000	165 000
Total Equity and Debt	178 000	152 000	99 000	99 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 164 000	956 000	450 000	461 000
Other Income	0	0	0	1 000
Revenue	1 164 000	956 000	450 000	462 000
Cost of Goods Sold	0	0	0	0
Salary Costs	999 000	963 000	362 000	404 000
Depreciation	0	0	0	1 000
Impairment	0	0	0	0
Expenditure	1 091 000	999 000	395 000	471 000
Operating Profit	73 000	−43 000	55 000	−9 000
Financial Income	0	0	0	0
Financial Costs	9 000	4 000	6 000	10 000
Financial Balance	−9 000	−4 000	−6 000	−10 000
Dividends	0	0	0	0
Net Income	42 000	−37 000	38 000	−15 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	32 000	22 000	33 000
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	0	57 000	56 000	63 000
Total Fixed Assets	0	89 000	78 000	95 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	114 000	42 000	22 000	0
Total Current Assets	178 000	64 000	22 000	4 000
Total Assets	178 000	152 000	99 000	99 000
Total Equity	−38 000	−65 000	−28 000	−66 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	6 000
Unpaid Taxes	122 000	100 000	62 000	28 000
Dividends	0	0	0	0
Other Current Debt	93 000	65 000	65 000	41 000
Total Current Debt	216 000	217 000	127 000	165 000
Total Equity and Debt	178 000	152 000	99 000	99 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−110,53 %	56,92 %	−135,71 %	22,73 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	6,27 %	−4,5 %	12,22 %	−1,95 %
Current Ratio	0,82	0,29	0,17	0,02
Quick Ratio	0,82	0,29	0,17	0,02
Equity Ratio	−0,21	−0,43	−0,28	−0,67
Gross Profit Margin	100 %	100 %	100 %	100 %