MORTEN ENGEBRETSEN HOLDING AS

3517 HØNEFOSS

Finances

Return on Equity

23,68 %

Current Ratio

8,12

Debt-to-Equity Ratio

0,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 599 000	342 000	224 000	175 000
Net Income	1 766 000	−187 000	4 726 000	1 136 000
Total Assets	11 047 000	12 505 000	14 928 000	10 602 000
Total Equity	7 457 000	5 692 000	7 128 000	3 603 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 599 000	342 000	224 000	175 000
Expenditure	335 000	331 000	259 000	276 000
Operating Profit	2 264 000	11 000	−36 000	−102 000
Financial Income	2 000	0	5 000 000	1 500 000
Financial Costs	166 000	198 000	239 000	263 000
Financial Balance	−164 000	−198 000	4 761 000	1 237 000
Earnings Before Tax	2 100 000	−187 000	4 726 000	1 136 000
Tax	334 000	0	0	0
Net Income	1 766 000	−187 000	4 726 000	1 136 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 718 000	8 671 000	8 785 000	7 678 000
Total Current Assets	3 329 000	3 834 000	6 144 000	2 924 000
Total Assets	11 047 000	12 505 000	14 928 000	10 602 000
Total Retained Equity	7 427 000	5 662 000	7 098 000	3 573 000
Total Equity	7 457 000	5 692 000	7 128 000	3 603 000
Total Long-Term Debt	3 180 000	5 792 000	6 130 000	6 416 000
Total Current Debt	410 000	1 022 000	1 670 000	583 000
Total Equity and Debt	11 047 000	12 505 000	14 928 000	10 602 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	298 000	0	0	0
Other Income	2 301 000	342 000	224 000	175 000
Revenue	2 599 000	342 000	224 000	175 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	56 000	113 000	113 000	113 000
Impairment	0	0	0	0
Expenditure	335 000	331 000	259 000	276 000
Operating Profit	2 264 000	11 000	−36 000	−102 000
Financial Income	2 000	0	5 000 000	1 500 000
Financial Costs	166 000	198 000	239 000	263 000
Financial Balance	−164 000	−198 000	4 761 000	1 237 000
Dividends	0	1 250 000	1 200 000	850 000
Net Income	1 766 000	−187 000	4 726 000	1 136 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 408 000	5 163 000	5 276 000	5 390 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 408 000	5 163 000	5 276 000	5 390 000
Total Fiancial Fixed Assets	5 310 000	3 508 000	3 508 000	2 288 000
Total Fixed Assets	7 718 000	8 671 000	8 785 000	7 678 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	510 000	119 000	1 144 000	1 013 000
Total Current Assets	3 329 000	3 834 000	6 144 000	2 924 000
Total Assets	11 047 000	12 505 000	14 928 000	10 602 000
Total Equity	7 457 000	5 692 000	7 128 000	3 603 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 180 000	5 792 000	6 130 000	6 416 000
Creditors	15 000	0	7 000	11 000
Unpaid Taxes	0	0	0	0
Dividends	0	1 250 000	1 200 000	850 000
Other Current Debt	349 000	122 000	663 000	72 000
Total Current Debt	410 000	1 022 000	1 670 000	583 000
Total Equity and Debt	11 047 000	12 505 000	14 928 000	10 602 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,68 %	−3,29 %	66,3 %	31,53 %
Debt-to-Equity Ratio	0,43	1,02	0,86	1,78
Operating Profit Margin	87,11 %	3,22 %	−16,07 %	−58,29 %
Current Ratio	8,12	3,75	3,68	5,02
Quick Ratio	8,12	3,75	3,68	5,02
Equity Ratio	0,68	0,46	0,48	0,34
Gross Profit Margin	100 %	100 %	100 %	100 %