MORTEN GULTVEDT ENTREPRENØR AS

1433 ÅS

Finances

Return on Equity

16,57 %

Current Ratio

1,59

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	87 299 000	58 692 000	38 536 000	39 323 000
Net Income	1 899 000	2 284 000	1 665 000	771 000
Total Assets	27 138 000	23 150 000	14 712 000	10 267 000
Total Equity	11 460 000	9 561 000	7 277 000	5 612 000

Income (NOK)	2022	2021	2020	2019
Revenue	87 299 000	58 692 000	38 536 000	39 323 000
Expenditure	84 803 000	55 780 000	36 459 000	38 382 000
Operating Profit	2 496 000	2 912 000	2 078 000	940 000
Financial Income	3 000	65 000	73 000	95 000
Financial Costs	49 000	47 000	16 000	39 000
Financial Balance	−46 000	18 000	57 000	56 000
Earnings Before Tax	2 450 000	2 930 000	2 136 000	995 000
Tax	551 000	646 000	471 000	224 000
Net Income	1 899 000	2 284 000	1 665 000	771 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 559 000	2 969 000	1 958 000	1 473 000
Total Current Assets	22 579 000	20 180 000	12 754 000	8 794 000
Total Assets	27 138 000	23 150 000	14 712 000	10 267 000
Total Retained Equity	11 393 000	9 494 000	7 210 000	5 545 000
Total Equity	11 460 000	9 561 000	7 277 000	5 612 000
Total Long-Term Debt	1 499 000	948 000	302 000	319 000
Total Current Debt	14 179 000	12 641 000	7 133 000	4 336 000
Total Equity and Debt	27 138 000	23 150 000	14 712 000	10 267 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	87 299 000	58 067 000	38 319 000	37 898 000
Other Income	0	626 000	217 000	1 425 000
Revenue	87 299 000	58 692 000	38 536 000	39 323 000
Cost of Goods Sold	50 712 000	31 444 000	16 423 000	17 174 000
Salary Costs	16 345 000	12 122 000	9 925 000	10 628 000
Depreciation	767 000	0	655 000	553 000
Impairment	0	0	0	0
Expenditure	84 803 000	55 780 000	36 459 000	38 382 000
Operating Profit	2 496 000	2 912 000	2 078 000	940 000
Financial Income	3 000	65 000	73 000	95 000
Financial Costs	49 000	47 000	16 000	39 000
Financial Balance	−46 000	18 000	57 000	56 000
Dividends	0	0	0	0
Net Income	1 899 000	2 284 000	1 665 000	771 000

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	871 000	383 000	0	0
Fixtures	2 967 000	1 893 000	1 702 000	1 453 000
Total Tangible Assets	3 837 000	2 276 000	1 702 000	1 453 000
Total Fiancial Fixed Assets	722 000	693 000	255 000	20 000
Total Fixed Assets	4 559 000	2 969 000	1 958 000	1 473 000
Stock	0	0	153 000	153 000
Total Investments	0	0	0	0
Cash, Bank	3 393 000	3 787 000	2 805 000	857 000
Total Current Assets	22 579 000	20 180 000	12 754 000	8 794 000
Total Assets	27 138 000	23 150 000	14 712 000	10 267 000
Total Equity	11 460 000	9 561 000	7 277 000	5 612 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 499 000	948 000	302 000	319 000
Creditors	11 055 000	9 473 000	4 368 000	2 001 000
Unpaid Taxes	1 737 000	1 515 000	961 000	1 040 000
Dividends	0	0	0	0
Other Current Debt	1 388 000	1 652 000	1 316 000	1 295 000
Total Current Debt	14 179 000	12 641 000	7 133 000	4 336 000
Total Equity and Debt	27 138 000	23 150 000	14 712 000	10 267 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,57 %	23,89 %	22,88 %	13,74 %
Debt-to-Equity Ratio	0,13	0,1	0,04	0,06
Operating Profit Margin	2,86 %	4,96 %	5,39 %	2,39 %
Current Ratio	1,59	1,6	1,79	2,03
Quick Ratio	1,59	1,6	1,83	2,1
Equity Ratio	0,42	0,41	0,49	0,55
Gross Profit Margin	41,91 %	46,43 %	57,38 %	56,33 %