MORTEN HUSTAD AS

3409 TRANBY

Finances

Share Ownership

Return on Equity

177,27 %

Current Ratio

2,82

Debt-to-Equity Ratio

0,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	827 000	699 000	573 000	922 000
Net Income	117 000	−68 000	53 000	43 000
Total Assets	174 000	51 000	79 000	158 000
Total Equity	66 000	−50 000	18 000	−35 000

Income (NOK)	2022	2021	2020	2019
Revenue	827 000	699 000	573 000	922 000
Expenditure	671 000	768 000	499 000	863 000
Operating Profit	155 000	−68 000	75 000	59 000
Financial Income	0	0	0	0
Financial Costs	10 000	1 000	3 000	13 000
Financial Balance	−10 000	−1 000	−3 000	−13 000
Earnings Before Tax	144 000	−68 000	71 000	45 000
Tax	28 000	0	19 000	2 000
Net Income	117 000	−68 000	53 000	43 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	46 000	0	0	0
Total Current Assets	127 000	51 000	79 000	158 000
Total Assets	174 000	51 000	79 000	158 000
Total Retained Equity	36 000	−71 000	−2 000	−55 000
Total Equity	66 000	−50 000	18 000	−35 000
Total Long-Term Debt	62 000	0	0	0
Total Current Debt	45 000	102 000	61 000	192 000
Total Equity and Debt	174 000	51 000	79 000	158 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	827 000	543 000	462 000	922 000
Other Income	0	156 000	111 000	0
Revenue	827 000	699 000	573 000	922 000
Cost of Goods Sold	213 000	258 000	145 000	139 000
Salary Costs	219 000	284 000	79 000	406 000
Depreciation	20 000	0	0	0
Impairment	0	0	0	0
Expenditure	671 000	768 000	499 000	863 000
Operating Profit	155 000	−68 000	75 000	59 000
Financial Income	0	0	0	0
Financial Costs	10 000	1 000	3 000	13 000
Financial Balance	−10 000	−1 000	−3 000	−13 000
Dividends	0	0	0	0
Net Income	117 000	−68 000	53 000	43 000

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	46 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	46 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	46 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	111 000	51 000	75 000	126 000
Total Current Assets	127 000	51 000	79 000	158 000
Total Assets	174 000	51 000	79 000	158 000
Total Equity	66 000	−50 000	18 000	−35 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	62 000	0	0	0
Creditors	6 000	−5 000	17 000	34 000
Unpaid Taxes	−9 000	68 000	17 000	103 000
Dividends	0	0	0	0
Other Current Debt	20 000	39 000	7 000	54 000
Total Current Debt	45 000	102 000	61 000	192 000
Total Equity and Debt	174 000	51 000	79 000	158 000

Financial indicators	2022	2021	2020	2019
Return on Equity	177,27 %	136 %	294,44 %	−122,86 %
Debt-to-Equity Ratio	0,94	−0	0	−0
Operating Profit Margin	18,74 %	−9,73 %	13,09 %	6,4 %
Current Ratio	2,82	0,5	1,3	0,82
Quick Ratio	2,82	0,5	1,3	0,82
Equity Ratio	0,38	−0,98	0,23	−0,22
Gross Profit Margin	74,24 %	63,09 %	74,69 %	84,92 %