MORTEN MELKERAAEN FJELLSPRENGING AS

5750 ODDA

Finances

Share Ownership

Return on Equity

26,5 %

Current Ratio

9,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	558 000	1 147 000	972 000	1 283 000
Net Income	115 000	31 000	−26 000	−133 000
Total Assets	462 000	1 042 000	1 173 000	551 000
Total Equity	434 000	318 000	287 000	313 000

Income (NOK)	2022	2021	2020	2019
Revenue	558 000	1 147 000	972 000	1 283 000
Expenditure	611 000	1 106 000	1 005 000	1 445 000
Operating Profit	148 000	41 000	−34 000	−226 000
Financial Income	0	0	1 000	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	1 000	0
Earnings Before Tax	148 000	40 000	−33 000	−226 000
Tax	33 000	9 000	−7 000	−92 000
Net Income	115 000	31 000	−26 000	−133 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	183 000	217 000	257 000	250 000
Total Current Assets	279 000	826 000	916 000	302 000
Total Assets	462 000	1 042 000	1 173 000	551 000
Total Retained Equity	404 000	288 000	257 000	283 000
Total Equity	434 000	318 000	287 000	313 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	29 000	724 000	887 000	238 000
Total Equity and Debt	462 000	1 042 000	1 173 000	551 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	558 000	1 147 000	972 000	1 283 000
Other Income	0	0	0	0
Revenue	558 000	1 147 000	972 000	1 283 000
Cost of Goods Sold	81 000	200 000	197 000	384 000
Salary Costs	1 000	390 000	498 000	470 000
Depreciation	31 000	31 000	0	39 000
Impairment	0	0	0	0
Expenditure	611 000	1 106 000	1 005 000	1 445 000
Operating Profit	148 000	41 000	−34 000	−226 000
Financial Income	0	0	1 000	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	1 000	0
Dividends	0	0	0	0
Net Income	115 000	31 000	−26 000	−133 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	58 000	91 000	100 000	92 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	125 000	126 000	157 000	157 000
Fixtures	0	0	0	0
Total Tangible Assets	125 000	126 000	157 000	157 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	183 000	217 000	257 000	250 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 000	583 000	131 000	128 000
Total Current Assets	279 000	826 000	916 000	302 000
Total Assets	462 000	1 042 000	1 173 000	551 000
Total Equity	434 000	318 000	287 000	313 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	395 000	124 000	103 000
Unpaid Taxes	23 000	296 000	195 000	−3 000
Dividends	0	0	0	0
Other Current Debt	0	33 000	567 000	139 000
Total Current Debt	29 000	724 000	887 000	238 000
Total Equity and Debt	462 000	1 042 000	1 173 000	551 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,5 %	9,75 %	−9,06 %	−42,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	26,52 %	3,57 %	−3,5 %	−17,61 %
Current Ratio	9,62	1,14	1,03	1,27
Quick Ratio	9,62	1,14	1,03	1,27
Equity Ratio	0,94	0,31	0,24	0,57
Gross Profit Margin	85,48 %	82,56 %	79,73 %	70,07 %