MORTEN OG VEGARD AS

0256 OSLO

Finances

Share Ownership

Return on Equity

163,41 %

Current Ratio

1,72

Debt-to-Equity Ratio

−285,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	406 000	390 000	208 000	0
Net Income	−67 000	33 000	−37 000	−1 000
Total Assets	11 838 000	12 148 000	12 107 000	30 000
Total Equity	−41 000	26 000	−7 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	406 000	390 000	208 000	0
Expenditure	59 000	92 000	21 000	1 000
Operating Profit	347 000	297 000	187 000	−1 000
Financial Income	4 000	1 000	0	0
Financial Costs	419 000	265 000	224 000	0
Financial Balance	−415 000	−264 000	−224 000	0
Earnings Before Tax	−67 000	33 000	−37 000	−1 000
Tax	0	0	0	0
Net Income	−67 000	33 000	−37 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 531 000	11 531 000	11 531 000	0
Total Current Assets	307 000	617 000	576 000	30 000
Total Assets	11 838 000	12 148 000	12 107 000	30 000
Total Retained Equity	−71 000	−4 000	−37 000	0
Total Equity	−41 000	26 000	−7 000	30 000
Total Long-Term Debt	11 700 000	12 000 000	12 000 000	0
Total Current Debt	179 000	122 000	114 000	0
Total Equity and Debt	11 838 000	12 148 000	12 107 000	30 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	406 000	390 000	209 000	0
Other Income	0	0	−1 000	0
Revenue	406 000	390 000	208 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	59 000	92 000	21 000	1 000
Operating Profit	347 000	297 000	187 000	−1 000
Financial Income	4 000	1 000	0	0
Financial Costs	419 000	265 000	224 000	0
Financial Balance	−415 000	−264 000	−224 000	0
Dividends	0	0	0	0
Net Income	−67 000	33 000	−37 000	−1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 531 000	11 531 000	11 531 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	11 531 000	11 531 000	11 531 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 531 000	11 531 000	11 531 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	307 000	606 000	576 000	30 000
Total Current Assets	307 000	617 000	576 000	30 000
Total Assets	11 838 000	12 148 000	12 107 000	30 000
Total Equity	−41 000	26 000	−7 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 700 000	12 000 000	12 000 000	0
Creditors	130 000	75 000	67 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	50 000	48 000	47 000	0
Total Current Debt	179 000	122 000	114 000	0
Total Equity and Debt	11 838 000	12 148 000	12 107 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	163,41 %	126,92 %	528,57 %	−3,33 %
Debt-to-Equity Ratio	−285,37	461,54	−1 714,29	0
Operating Profit Margin	85,47 %	76,15 %	89,9 %	-
Current Ratio	1,72	5,06	5,05	-
Quick Ratio	1,72	5,06	5,05	-
Equity Ratio	−0	0	−0	1
Gross Profit Margin	100 %	100 %	100 %	-