MORTENSENS CREW AS

9900 KIRKENES

Finances

Share Ownership

Return on Equity

31,4 %

Current Ratio

−0,27

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	216 000	−50 000	325 000	1 648 000
Net Income	−92 000	−397 000	−127 000	208 000
Total Assets	137 000	132 000	528 000	752 000
Total Equity	−293 000	−201 000	195 000	323 000

Income (NOK)	2022	2021	2020	2019
Revenue	216 000	−50 000	325 000	1 648 000
Expenditure	301 000	336 000	457 000	1 365 000
Operating Profit	−83 000	−387 000	−131 000	284 000
Financial Income	0	0	0	0
Financial Costs	9 000	1 000	3 000	17 000
Financial Balance	−9 000	−1 000	−3 000	−17 000
Earnings Before Tax	−92 000	−388 000	−133 000	267 000
Tax	0	9 000	−6 000	59 000
Net Income	−92 000	−397 000	−127 000	208 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	253 000	285 000	294 000	263 000
Total Current Assets	−115 000	−153 000	234 000	489 000
Total Assets	137 000	132 000	528 000	752 000
Total Retained Equity	−323 000	−231 000	165 000	293 000
Total Equity	−293 000	−201 000	195 000	323 000
Total Long-Term Debt	0	0	0	6 000
Total Current Debt	430 000	333 000	333 000	424 000
Total Equity and Debt	137 000	132 000	528 000	752 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	216 000	−62 000	325 000	1 648 000
Other Income	0	12 000	0	0
Revenue	216 000	−50 000	325 000	1 648 000
Cost of Goods Sold	27 000	30 000	67 000	286 000
Salary Costs	1 000	2 000	2 000	552 000
Depreciation	32 000	29 000	30 000	23 000
Impairment	0	0	0	0
Expenditure	301 000	336 000	457 000	1 365 000
Operating Profit	−83 000	−387 000	−131 000	284 000
Financial Income	0	0	0	0
Financial Costs	9 000	1 000	3 000	17 000
Financial Balance	−9 000	−1 000	−3 000	−17 000
Dividends	0	0	0	0
Net Income	−92 000	−397 000	−127 000	208 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	160 000	160 000	160 000	100 000
Machinery and Plant Facilities	3 000	12 000	20 000	29 000
Fixtures	89 000	112 000	113 000	135 000
Total Tangible Assets	253 000	285 000	294 000	263 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	253 000	285 000	294 000	263 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	44 000	252 000	224 000	51 000
Total Current Assets	−115 000	−153 000	234 000	489 000
Total Assets	137 000	132 000	528 000	752 000
Total Equity	−293 000	−201 000	195 000	323 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	6 000
Creditors	46 000	4 000	27 000	0
Unpaid Taxes	−47 000	−45 000	−28 000	83 000
Dividends	0	0	0	0
Other Current Debt	432 000	374 000	334 000	287 000
Total Current Debt	430 000	333 000	333 000	424 000
Total Equity and Debt	137 000	132 000	528 000	752 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,4 %	197,51 %	−65,13 %	64,4 %
Debt-to-Equity Ratio	−0	−0	0	0,02
Operating Profit Margin	−38,43 %	774 %	−40,31 %	17,23 %
Current Ratio	−0,27	−0,46	0,7	1,15
Quick Ratio	−0,27	−0,46	0,7	1,15
Equity Ratio	−2,14	−1,52	0,37	0,43
Gross Profit Margin	87,5 %	160 %	79,38 %	82,65 %