MORTEN FIXIT AS

1894 RAKKESTAD

Finances

Share Ownership

Return on Equity

52,75 %

Current Ratio

1,92

Debt-to-Equity Ratio

0,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 343 000	2 318 000	1 623 000	2 253 000
Net Income	278 000	179 000	−1 000	4 000
Total Assets	1 016 000	1 028 000	468 000	609 000
Total Equity	527 000	250 000	70 000	71 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 343 000	2 318 000	1 623 000	2 253 000
Expenditure	1 981 000	2 079 000	1 611 000	2 240 000
Operating Profit	362 000	240 000	11 000	13 000
Financial Income	32 000	0	0	0
Financial Costs	24 000	4 000	8 000	6 000
Financial Balance	8 000	−4 000	−8 000	−6 000
Earnings Before Tax	370 000	236 000	3 000	7 000
Tax	92 000	57 000	4 000	2 000
Net Income	278 000	179 000	−1 000	4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	456 000	604 000	284 000	229 000
Total Current Assets	560 000	424 000	184 000	381 000
Total Assets	1 016 000	1 028 000	468 000	609 000
Total Retained Equity	497 000	220 000	40 000	41 000
Total Equity	527 000	250 000	70 000	71 000
Total Long-Term Debt	197 000	291 000	112 000	174 000
Total Current Debt	292 000	487 000	286 000	364 000
Total Equity and Debt	1 016 000	1 028 000	468 000	609 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 343 000	2 318 000	1 623 000	2 253 000
Other Income	0	0	0	0
Revenue	2 343 000	2 318 000	1 623 000	2 253 000
Cost of Goods Sold	359 000	525 000	429 000	872 000
Salary Costs	319 000	462 000	182 000	389 000
Depreciation	212 000	213 000	112 000	132 000
Impairment	0	0	0	0
Expenditure	1 981 000	2 079 000	1 611 000	2 240 000
Operating Profit	362 000	240 000	11 000	13 000
Financial Income	32 000	0	0	0
Financial Costs	24 000	4 000	8 000	6 000
Financial Balance	8 000	−4 000	−8 000	−6 000
Dividends	0	0	0	0
Net Income	278 000	179 000	−1 000	4 000

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	456 000	604 000	284 000	229 000
Total Tangible Assets	456 000	604 000	284 000	229 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	456 000	604 000	284 000	229 000
Stock	0	0	62 000	0
Total Investments	0	0	0	0
Cash, Bank	481 000	325 000	46 000	250 000
Total Current Assets	560 000	424 000	184 000	381 000
Total Assets	1 016 000	1 028 000	468 000	609 000
Total Equity	527 000	250 000	70 000	71 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	197 000	291 000	112 000	174 000
Creditors	80 000	203 000	47 000	128 000
Unpaid Taxes	31 000	159 000	51 000	202 000
Dividends	0	0	0	0
Other Current Debt	90 000	69 000	184 000	31 000
Total Current Debt	292 000	487 000	286 000	364 000
Total Equity and Debt	1 016 000	1 028 000	468 000	609 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,75 %	71,6 %	−1,43 %	5,63 %
Debt-to-Equity Ratio	0,37	1,16	1,6	2,45
Operating Profit Margin	15,45 %	10,35 %	0,68 %	0,58 %
Current Ratio	1,92	0,87	0,64	1,05
Quick Ratio	1,92	0,87	0,82	1,05
Equity Ratio	0,52	0,24	0,15	0,12
Gross Profit Margin	84,68 %	77,35 %	73,57 %	61,3 %