Morten Kjelsrud AS

2849 KAPP

Finances

Share Ownership

Return on Equity

30,89 %

Current Ratio

2,38

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 931 000	4 687 000	5 442 000	4 919 000
Net Income	696 000	672 000	925 000	707 000
Total Assets	3 551 000	3 382 000	3 260 000	2 844 000
Total Equity	2 253 000	2 057 000	1 885 000	1 460 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 931 000	4 687 000	5 442 000	4 919 000
Expenditure	4 079 000	3 848 000	4 285 000	4 034 000
Operating Profit	852 000	840 000	1 157 000	886 000
Financial Income	43 000	24 000	31 000	24 000
Financial Costs	0	0	0	0
Financial Balance	43 000	24 000	31 000	24 000
Earnings Before Tax	895 000	864 000	1 187 000	909 000
Tax	198 000	192 000	263 000	202 000
Net Income	696 000	672 000	925 000	707 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	627 000	309 000	495 000	683 000
Total Current Assets	2 924 000	3 073 000	2 765 000	2 162 000
Total Assets	3 551 000	3 382 000	3 260 000	2 844 000
Total Retained Equity	2 053 000	1 857 000	1 685 000	1 260 000
Total Equity	2 253 000	2 057 000	1 885 000	1 460 000
Total Long-Term Debt	71 000	50 000	71 000	88 000
Total Current Debt	1 227 000	1 275 000	1 305 000	1 296 000
Total Equity and Debt	3 551 000	3 382 000	3 260 000	2 844 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 756 000	4 687 000	5 442 000	4 919 000
Other Income	175 000	0	0	0
Revenue	4 931 000	4 687 000	5 442 000	4 919 000
Cost of Goods Sold	1 408 000	1 130 000	1 790 000	1 340 000
Salary Costs	1 936 000	1 995 000	1 859 000	2 003 000
Depreciation	222 000	188 000	188 000	232 000
Impairment	0	0	0	0
Expenditure	4 079 000	3 848 000	4 285 000	4 034 000
Operating Profit	852 000	840 000	1 157 000	886 000
Financial Income	43 000	24 000	31 000	24 000
Financial Costs	0	0	0	0
Financial Balance	43 000	24 000	31 000	24 000
Dividends	500 000	500 000	500 000	400 000
Net Income	696 000	672 000	925 000	707 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	2 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	627 000	307 000	495 000	683 000
Total Tangible Assets	627 000	307 000	495 000	683 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	627 000	309 000	495 000	683 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 751 000	2 823 000	2 650 000	1 567 000
Total Current Assets	2 924 000	3 073 000	2 765 000	2 162 000
Total Assets	3 551 000	3 382 000	3 260 000	2 844 000
Total Equity	2 253 000	2 057 000	1 885 000	1 460 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	71 000	50 000	71 000	88 000
Creditors	77 000	123 000	36 000	119 000
Unpaid Taxes	219 000	193 000	257 000	291 000
Dividends	500 000	500 000	500 000	400 000
Other Current Debt	255 000	243 000	231 000	264 000
Total Current Debt	1 227 000	1 275 000	1 305 000	1 296 000
Total Equity and Debt	3 551 000	3 382 000	3 260 000	2 844 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,89 %	32,67 %	49,07 %	48,42 %
Debt-to-Equity Ratio	0,03	0,02	0,04	0,06
Operating Profit Margin	17,28 %	17,92 %	21,26 %	18,01 %
Current Ratio	2,38	2,41	2,12	1,67
Quick Ratio	2,38	2,41	2,12	1,67
Equity Ratio	0,63	0,61	0,58	0,51
Gross Profit Margin	71,45 %	75,89 %	67,11 %	72,76 %