MORTENSEN EIENDOM AS

8430 MYRE

Finances

Share Ownership

Return on Equity

−1 850 %

Current Ratio

2,17

Debt-to-Equity Ratio

857,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 230 000	1 084 000	756 000	813 000
Net Income	−74 000	−7 000	24 000	−46 000
Total Assets	3 699 000	749 000	387 000	335 000
Total Equity	4 000	79 000	86 000	61 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 230 000	1 084 000	756 000	813 000
Expenditure	1 184 000	1 084 000	726 000	869 000
Operating Profit	45 000	−1 000	31 000	−56 000
Financial Income	0	0	0	0
Financial Costs	141 000	8 000	0	2 000
Financial Balance	−141 000	−8 000	0	−2 000
Earnings Before Tax	−95 000	−9 000	31 000	−59 000
Tax	−21 000	−2 000	7 000	−13 000
Net Income	−74 000	−7 000	24 000	−46 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 128 000	476 000	143 000	101 000
Total Current Assets	571 000	273 000	244 000	234 000
Total Assets	3 699 000	749 000	387 000	335 000
Total Retained Equity	−26 000	49 000	56 000	31 000
Total Equity	4 000	79 000	86 000	61 000
Total Long-Term Debt	3 431 000	316 000	0	0
Total Current Debt	263 000	354 000	302 000	273 000
Total Equity and Debt	3 699 000	749 000	387 000	335 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	984 000	1 084 000	756 000	851 000
Other Income	246 000	0	0	−38 000
Revenue	1 230 000	1 084 000	756 000	813 000
Cost of Goods Sold	43 000	130 000	31 000	8 000
Salary Costs	680 000	692 000	459 000	579 000
Depreciation	103 000	45 000	23 000	22 000
Impairment	0	0	0	0
Expenditure	1 184 000	1 084 000	726 000	869 000
Operating Profit	45 000	−1 000	31 000	−56 000
Financial Income	0	0	0	0
Financial Costs	141 000	8 000	0	2 000
Financial Balance	−141 000	−8 000	0	−2 000
Dividends	0	0	0	0
Net Income	−74 000	−7 000	24 000	−46 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	27 000	6 000	4 000	11 000
Real Eastate	2 800 000	0	0	0
Machinery and Plant Facilities	0	26 000	46 000	65 000
Fixtures	301 000	443 000	94 000	25 000
Total Tangible Assets	3 100 000	469 000	139 000	90 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 128 000	476 000	143 000	101 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	470 000	252 000	207 000	51 000
Total Current Assets	571 000	273 000	244 000	234 000
Total Assets	3 699 000	749 000	387 000	335 000
Total Equity	4 000	79 000	86 000	61 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 431 000	316 000	0	0
Creditors	16 000	12 000	0	0
Unpaid Taxes	89 000	90 000	57 000	76 000
Dividends	0	0	0	0
Other Current Debt	159 000	253 000	245 000	198 000
Total Current Debt	263 000	354 000	302 000	273 000
Total Equity and Debt	3 699 000	749 000	387 000	335 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 850 %	−8,86 %	27,91 %	−75,41 %
Debt-to-Equity Ratio	857,75	4	0	0
Operating Profit Margin	3,66 %	−0,09 %	4,1 %	−6,89 %
Current Ratio	2,17	0,77	0,81	0,86
Quick Ratio	2,17	0,77	0,81	0,86
Equity Ratio	0	0,11	0,22	0,18
Gross Profit Margin	96,5 %	88,01 %	95,9 %	99,02 %