MORTEN HAGEN GRAVESERVICE AS

2092 MINNESUND

Finances

Return on Equity

8,52 %

Current Ratio

0,91

Debt-to-Equity Ratio

0,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 429 000	2 355 000	3 838 000	5 648 000
Net Income	268 000	25 000	352 000	1 011 000
Total Assets	6 491 000	6 122 000	6 007 000	6 153 000
Total Equity	3 144 000	2 876 000	2 851 000	2 499 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 429 000	2 355 000	3 838 000	5 648 000
Expenditure	2 052 000	2 262 000	3 311 000	4 284 000
Operating Profit	378 000	92 000	527 000	1 365 000
Financial Income	0	0	0	1 000
Financial Costs	47 000	52 000	77 000	67 000
Financial Balance	−47 000	−52 000	−77 000	−66 000
Earnings Before Tax	332 000	40 000	451 000	1 298 000
Tax	63 000	15 000	99 000	286 000
Net Income	268 000	25 000	352 000	1 011 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 328 000	4 653 000	4 390 000	4 247 000
Total Current Assets	2 163 000	1 469 000	1 617 000	1 906 000
Total Assets	6 491 000	6 122 000	6 007 000	6 153 000
Total Retained Equity	3 114 000	2 846 000	2 821 000	2 469 000
Total Equity	3 144 000	2 876 000	2 851 000	2 499 000
Total Long-Term Debt	966 000	1 040 000	1 095 000	1 175 000
Total Current Debt	2 380 000	2 206 000	2 061 000	2 479 000
Total Equity and Debt	6 491 000	6 122 000	6 007 000	6 153 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 388 000	2 355 000	3 838 000	5 632 000
Other Income	41 000	0	0	16 000
Revenue	2 429 000	2 355 000	3 838 000	5 648 000
Cost of Goods Sold	653 000	552 000	1 061 000	1 469 000
Salary Costs	20 000	397 000	513 000	744 000
Depreciation	315 000	302 000	369 000	406 000
Impairment	0	0	0	0
Expenditure	2 052 000	2 262 000	3 311 000	4 284 000
Operating Profit	378 000	92 000	527 000	1 365 000
Financial Income	0	0	0	1 000
Financial Costs	47 000	52 000	77 000	67 000
Financial Balance	−47 000	−52 000	−77 000	−66 000
Dividends	0	0	0	0
Net Income	268 000	25 000	352 000	1 011 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 908 000	2 908 000	2 908 000	2 564 000
Machinery and Plant Facilities	316 000	0	0	0
Fixtures	1 105 000	1 739 000	1 477 000	1 678 000
Total Tangible Assets	4 328 000	4 647 000	4 384 000	4 241 000
Total Fiancial Fixed Assets	0	6 000	6 000	6 000
Total Fixed Assets	4 328 000	4 653 000	4 390 000	4 247 000
Stock	418 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 067 000	522 000	684 000	1 095 000
Total Current Assets	2 163 000	1 469 000	1 617 000	1 906 000
Total Assets	6 491 000	6 122 000	6 007 000	6 153 000
Total Equity	3 144 000	2 876 000	2 851 000	2 499 000
Short-Term Group Debt	1 845 000	1 337 000	1 196 000	61 000
Total Long-Term Debt	966 000	1 040 000	1 095 000	1 175 000
Creditors	608 000	133 000	37 000	298 000
Unpaid Taxes	−223 000	26 000	70 000	263 000
Dividends	0	0	0	0
Other Current Debt	87 000	695 000	657 000	1 571 000
Total Current Debt	2 380 000	2 206 000	2 061 000	2 479 000
Total Equity and Debt	6 491 000	6 122 000	6 007 000	6 153 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,52 %	0,87 %	12,35 %	40,46 %
Debt-to-Equity Ratio	0,31	0,36	0,38	0,47
Operating Profit Margin	15,56 %	3,91 %	13,73 %	24,17 %
Current Ratio	0,91	0,67	0,78	0,77
Quick Ratio	1,1	0,67	0,78	0,77
Equity Ratio	0,48	0,47	0,47	0,41
Gross Profit Margin	73,12 %	76,56 %	72,36 %	73,99 %