MORTENS RØR OG VEDLIKEHOLD AS

1461 LØRENSKOG

Finances

Return on Equity

−41,13 %

Current Ratio

1,01

Debt-to-Equity Ratio

1,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 174 000	5 658 000	5 164 000	5 056 000
Net Income	−51 000	77 000	170 000	49 000
Total Assets	853 000	1 071 000	1 104 000	1 363 000
Total Equity	124 000	174 000	97 000	77 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 174 000	5 658 000	5 164 000	5 056 000
Expenditure	5 216 000	5 543 000	4 931 000	4 992 000
Operating Profit	−42 000	115 000	233 000	64 000
Financial Income	0	0	0	−2 000
Financial Costs	9 000	13 000	15 000	0
Financial Balance	−9 000	−13 000	−15 000	−2 000
Earnings Before Tax	−51 000	102 000	218 000	63 000
Tax	0	25 000	48 000	14 000
Net Income	−51 000	77 000	170 000	49 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	283 000	403 000	528 000	323 000
Total Current Assets	570 000	668 000	576 000	1 040 000
Total Assets	853 000	1 071 000	1 104 000	1 363 000
Total Retained Equity	94 000	144 000	67 000	55 000
Total Equity	124 000	174 000	97 000	77 000
Total Long-Term Debt	162 000	233 000	303 000	5 000
Total Current Debt	567 000	663 000	703 000	1 282 000
Total Equity and Debt	853 000	1 071 000	1 104 000	1 363 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 174 000	5 658 000	5 164 000	5 056 000
Other Income	0	0	0	0
Revenue	5 174 000	5 658 000	5 164 000	5 056 000
Cost of Goods Sold	1 907 000	2 006 000	1 926 000	1 926 000
Salary Costs	2 601 000	2 825 000	2 407 000	2 546 000
Depreciation	120 000	120 000	118 000	92 000
Impairment	0	0	0	0
Expenditure	5 216 000	5 543 000	4 931 000	4 992 000
Operating Profit	−42 000	115 000	233 000	64 000
Financial Income	0	0	0	−2 000
Financial Costs	9 000	13 000	15 000	0
Financial Balance	−9 000	−13 000	−15 000	−2 000
Dividends	0	0	150 000	0
Net Income	−51 000	77 000	170 000	49 000

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	208 000	310 000	0	0
Fixtures	0	18 000	448 000	323 000
Total Tangible Assets	208 000	328 000	448 000	323 000
Total Fiancial Fixed Assets	75 000	75 000	80 000	0
Total Fixed Assets	283 000	403 000	528 000	323 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	469 000	198 000	434 000	998 000
Total Current Assets	570 000	668 000	576 000	1 040 000
Total Assets	853 000	1 071 000	1 104 000	1 363 000
Total Equity	124 000	174 000	97 000	77 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	162 000	233 000	303 000	5 000
Creditors	83 000	110 000	0	162 000
Unpaid Taxes	176 000	217 000	255 000	571 000
Dividends	0	0	150 000	0
Other Current Debt	308 000	310 000	246 000	540 000
Total Current Debt	567 000	663 000	703 000	1 282 000
Total Equity and Debt	853 000	1 071 000	1 104 000	1 363 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−41,13 %	44,25 %	175,26 %	63,64 %
Debt-to-Equity Ratio	1,31	1,34	3,12	0,06
Operating Profit Margin	−0,81 %	2,03 %	4,51 %	1,27 %
Current Ratio	1,01	1,01	0,82	0,81
Quick Ratio	1,01	1,01	0,82	0,81
Equity Ratio	0,15	0,16	0,09	0,06
Gross Profit Margin	63,14 %	64,55 %	62,7 %	61,91 %