MORTEN SÆTHER AS

0791 OSLO

Finances

Return on Equity

4,85 %

Current Ratio

1,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	39 000	154 000	218 000	652 000
Net Income	295 000	783 000	608 000	580 000
Total Assets	6 335 000	6 345 000	5 892 000	5 426 000
Total Equity	6 078 000	6 033 000	5 550 000	5 242 000

Income (NOK)	2022	2021	2020	2019
Revenue	39 000	154 000	218 000	652 000
Expenditure	154 000	229 000	220 000	670 000
Operating Profit	−115 000	−74 000	−2 000	−18 000
Financial Income	715 000	900 000	910 000	698 000
Financial Costs	306 000	43 000	290 000	94 000
Financial Balance	409 000	857 000	620 000	604 000
Earnings Before Tax	295 000	783 000	617 000	586 000
Tax	0	0	9 000	6 000
Net Income	295 000	783 000	608 000	580 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 885 000	5 601 000	5 520 000	4 979 000
Total Current Assets	450 000	744 000	372 000	447 000
Total Assets	6 335 000	6 345 000	5 892 000	5 426 000
Total Retained Equity	5 978 000	5 933 000	5 450 000	5 142 000
Total Equity	6 078 000	6 033 000	5 550 000	5 242 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	257 000	312 000	341 000	184 000
Total Equity and Debt	6 335 000	6 345 000	5 892 000	5 426 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	39 000	154 000	218 000	652 000
Other Income	0	0	0	0
Revenue	39 000	154 000	218 000	652 000
Cost of Goods Sold	0	0	0	0
Salary Costs	15 000	90 000	114 000	569 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	154 000	229 000	220 000	670 000
Operating Profit	−115 000	−74 000	−2 000	−18 000
Financial Income	715 000	900 000	910 000	698 000
Financial Costs	306 000	43 000	290 000	94 000
Financial Balance	409 000	857 000	620 000	604 000
Dividends	250 000	300 000	300 000	5 000
Net Income	295 000	783 000	608 000	580 000

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	0	0	0	0
Fixtures	97 000	97 000	54 000	54 000
Total Tangible Assets	97 000	97 000	54 000	54 000
Total Fiancial Fixed Assets	5 788 000	5 504 000	5 465 000	4 924 000
Total Fixed Assets	5 885 000	5 601 000	5 520 000	4 979 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	449 000	744 000	372 000	297 000
Total Current Assets	450 000	744 000	372 000	447 000
Total Assets	6 335 000	6 345 000	5 892 000	5 426 000
Total Equity	6 078 000	6 033 000	5 550 000	5 242 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	0	1 000	1 000
Unpaid Taxes	2 000	3 000	20 000	117 000
Dividends	250 000	300 000	300 000	5 000
Other Current Debt	1 000	9 000	11 000	56 000
Total Current Debt	257 000	312 000	341 000	184 000
Total Equity and Debt	6 335 000	6 345 000	5 892 000	5 426 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,85 %	12,98 %	10,95 %	11,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−294,87 %	−48,05 %	−0,92 %	−2,76 %
Current Ratio	1,75	2,38	1,09	2,43
Quick Ratio	1,75	2,38	1,09	2,43
Equity Ratio	0,96	0,95	0,94	0,97
Gross Profit Margin	100 %	100 %	100 %	100 %