MORTEN HILLESTAD HOLDING AS

8011 BODØ

Finances

Return on Equity

31,52 %

Current Ratio

87,73

Debt-to-Equity Ratio

0,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	185 000	44 000	38 000	108 000
Net Income	7 886 000	8 386 000	13 504 000	−57 985 000
Total Assets	38 027 000	27 440 000	23 402 000	32 553 000
Total Equity	25 016 000	21 229 000	23 393 000	28 904 000

Income (NOK)	2022	2021	2020	2019
Revenue	185 000	44 000	38 000	108 000
Expenditure	86 000	98 000	85 000	241 000
Operating Profit	100 000	−55 000	−48 000	−134 000
Financial Income	10 256 000	10 939 000	2 083 000	213 000
Financial Costs	244 000	3 000	−11 469 000	58 065 000
Financial Balance	10 012 000	10 936 000	13 552 000	−57 852 000
Earnings Before Tax	10 112 000	10 881 000	13 504 000	−57 985 000
Tax	2 225 000	2 494 000	0	0
Net Income	7 886 000	8 386 000	13 504 000	−57 985 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 989 000	3 878 000	23 167 000	31 820 000
Total Current Assets	34 038 000	23 562 000	235 000	733 000
Total Assets	38 027 000	27 440 000	23 402 000	32 553 000
Total Retained Equity	15 127 000	11 340 000	13 504 000	−96 510 000
Total Equity	25 016 000	21 229 000	23 393 000	28 904 000
Total Long-Term Debt	12 624 000	1 848 000	0	0
Total Current Debt	388 000	4 363 000	9 000	3 650 000
Total Equity and Debt	38 027 000	27 440 000	23 402 000	32 553 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	185 000	44 000	38 000	108 000
Other Income	0	0	0	0
Revenue	185 000	44 000	38 000	108 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	4 000	0	0
Depreciation	19 000	21 000	0	0
Impairment	0	0	0	0
Expenditure	86 000	98 000	85 000	241 000
Operating Profit	100 000	−55 000	−48 000	−134 000
Financial Income	10 256 000	10 939 000	2 083 000	213 000
Financial Costs	244 000	3 000	−11 469 000	58 065 000
Financial Balance	10 012 000	10 936 000	13 552 000	−57 852 000
Dividends	0	10 550 000	0	2 471 000
Net Income	7 886 000	8 386 000	13 504 000	−57 985 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	44 000	44 000	44 000	44 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	71 000	90 000	0	0
Total Tangible Assets	71 000	90 000	0	0
Total Fiancial Fixed Assets	3 874 000	3 744 000	23 124 000	31 777 000
Total Fixed Assets	3 989 000	3 878 000	23 167 000	31 820 000
Stock	0	0	0	0
Total Investments	29 829 000	23 335 000	0	0
Cash, Bank	88 000	125 000	134 000	626 000
Total Current Assets	34 038 000	23 562 000	235 000	733 000
Total Assets	38 027 000	27 440 000	23 402 000	32 553 000
Total Equity	25 016 000	21 229 000	23 393 000	28 904 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 624 000	1 848 000	0	0
Creditors	20 000	1 000	8 000	9 000
Unpaid Taxes	0	0	0	0
Dividends	0	10 550 000	0	2 471 000
Other Current Debt	0	3 716 000	0	3 640 000
Total Current Debt	388 000	4 363 000	9 000	3 650 000
Total Equity and Debt	38 027 000	27 440 000	23 402 000	32 553 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,52 %	39,5 %	57,73 %	−200,61 %
Debt-to-Equity Ratio	0,5	0,09	0	0
Operating Profit Margin	54,05 %	−125 %	−126,32 %	−124,07 %
Current Ratio	87,73	5,4	26,11	0,2
Quick Ratio	87,73	5,4	26,11	0,2
Equity Ratio	0,66	0,77	1	0,89
Gross Profit Margin	100 %	100 %	100 %	100 %