MORTEN HAUGEN HOLDING AS

3715 SKIEN

Finances

Return on Equity

3,58 %

Current Ratio

0,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	241 000	0	0
Net Income	66 000	1 557 000	341 000	23 000
Total Assets	2 398 000	2 278 000	4 724 000	4 434 000
Total Equity	1 846 000	1 780 000	522 000	181 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	241 000	0	0
Expenditure	20 000	255 000	11 000	22 000
Operating Profit	−20 000	−14 000	−11 000	−22 000
Financial Income	106 000	1 632 000	586 000	297 000
Financial Costs	1 000	62 000	212 000	238 000
Financial Balance	105 000	1 570 000	374 000	59 000
Earnings Before Tax	85 000	1 556 000	363 000	36 000
Tax	19 000	−1 000	23 000	13 000
Net Income	66 000	1 557 000	341 000	23 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 284 000	2 234 000	4 137 000	4 137 000
Total Current Assets	114 000	44 000	587 000	297 000
Total Assets	2 398 000	2 278 000	4 724 000	4 434 000
Total Retained Equity	1 816 000	1 750 000	492 000	151 000
Total Equity	1 846 000	1 780 000	522 000	181 000
Total Long-Term Debt	0	−1 000	3 435 000	3 521 000
Total Current Debt	552 000	500 000	767 000	732 000
Total Equity and Debt	2 398 000	2 278 000	4 724 000	4 434 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	241 000	0	0
Other Income	0	0	0	0
Revenue	0	241 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	228 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	20 000	255 000	11 000	22 000
Operating Profit	−20 000	−14 000	−11 000	−22 000
Financial Income	106 000	1 632 000	586 000	297 000
Financial Costs	1 000	62 000	212 000	238 000
Financial Balance	105 000	1 570 000	374 000	59 000
Dividends	0	0	0	0
Net Income	66 000	1 557 000	341 000	23 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 284 000	2 234 000	4 137 000	4 137 000
Total Fixed Assets	2 284 000	2 234 000	4 137 000	4 137 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 000	9 000	0	0
Total Current Assets	114 000	44 000	587 000	297 000
Total Assets	2 398 000	2 278 000	4 724 000	4 434 000
Total Equity	1 846 000	1 780 000	522 000	181 000
Short-Term Group Debt	525 000	462 000	628 000	605 000
Total Long-Term Debt	0	−1 000	3 435 000	3 521 000
Creditors	0	2 000	11 000	0
Unpaid Taxes	0	56 000	0	0
Dividends	0	0	0	0
Other Current Debt	10 000	−20 000	106 000	118 000
Total Current Debt	552 000	500 000	767 000	732 000
Total Equity and Debt	2 398 000	2 278 000	4 724 000	4 434 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,58 %	87,47 %	65,33 %	12,71 %
Debt-to-Equity Ratio	0	−0	6,58	19,45
Operating Profit Margin	-	−5,81 %	-	-
Current Ratio	0,21	0,09	0,77	0,41
Quick Ratio	0,21	0,09	0,77	0,41
Equity Ratio	0,77	0,78	0,11	0,04
Gross Profit Margin	-	100 %	-	-