PETTER MORTVEIT AS

5563 FØRRESFJORDEN

Finances

Share Ownership

Return on Equity

0,54 %

Current Ratio

2,08

Debt-to-Equity Ratio

0,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	39 966 000	42 274 000	43 672 000	40 313 000
Net Income	28 000	816 000	1 628 000	209 000
Total Assets	13 043 000	11 901 000	16 253 000	14 873 000
Total Equity	5 173 000	5 145 000	7 629 000	7 770 000

Income (NOK)	2022	2021	2020	2019
Revenue	39 966 000	42 274 000	43 672 000	40 313 000
Expenditure	39 850 000	41 161 000	41 473 000	40 019 000
Operating Profit	116 000	1 113 000	2 198 000	294 000
Financial Income	32 000	45 000	30 000	23 000
Financial Costs	112 000	112 000	141 000	49 000
Financial Balance	−80 000	−67 000	−111 000	−26 000
Earnings Before Tax	36 000	1 046 000	2 087 000	268 000
Tax	8 000	230 000	459 000	59 000
Net Income	28 000	816 000	1 628 000	209 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 475 000	4 143 000	4 492 000	5 570 000
Total Current Assets	7 567 000	7 758 000	11 761 000	9 303 000
Total Assets	13 043 000	11 901 000	16 253 000	14 873 000
Total Retained Equity	5 023 000	4 995 000	7 479 000	7 620 000
Total Equity	5 173 000	5 145 000	7 629 000	7 770 000
Total Long-Term Debt	4 227 000	2 892 000	3 446 000	3 905 000
Total Current Debt	3 643 000	3 865 000	5 178 000	3 199 000
Total Equity and Debt	13 043 000	11 901 000	16 253 000	14 873 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	39 078 000	41 337 000	42 461 000	39 593 000
Other Income	888 000	937 000	1 210 000	720 000
Revenue	39 966 000	42 274 000	43 672 000	40 313 000
Cost of Goods Sold	28 832 000	30 679 000	31 426 000	29 643 000
Salary Costs	5 944 000	5 763 000	5 438 000	5 814 000
Depreciation	834 000	815 000	1 000 000	555 000
Impairment	0	0	0	0
Expenditure	39 850 000	41 161 000	41 473 000	40 019 000
Operating Profit	116 000	1 113 000	2 198 000	294 000
Financial Income	32 000	45 000	30 000	23 000
Financial Costs	112 000	112 000	141 000	49 000
Financial Balance	−80 000	−67 000	−111 000	−26 000
Dividends	0	500 000	1 700 000	0
Net Income	28 000	816 000	1 628 000	209 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	22 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 475 000	4 143 000	4 492 000	5 548 000
Total Tangible Assets	5 475 000	4 143 000	4 492 000	5 548 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 475 000	4 143 000	4 492 000	5 570 000
Stock	2 398 000	2 785 000	2 532 000	2 182 000
Total Investments	0	0	0	0
Cash, Bank	2 727 000	1 825 000	6 759 000	4 098 000
Total Current Assets	7 567 000	7 758 000	11 761 000	9 303 000
Total Assets	13 043 000	11 901 000	16 253 000	14 873 000
Total Equity	5 173 000	5 145 000	7 629 000	7 770 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 227 000	2 892 000	3 446 000	3 905 000
Creditors	2 683 000	2 070 000	1 881 000	2 174 000
Unpaid Taxes	326 000	472 000	649 000	353 000
Dividends	0	500 000	1 700 000	0
Other Current Debt	634 000	1 110 000	2 344 000	672 000
Total Current Debt	3 643 000	3 865 000	5 178 000	3 199 000
Total Equity and Debt	13 043 000	11 901 000	16 253 000	14 873 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,54 %	15,86 %	21,34 %	2,69 %
Debt-to-Equity Ratio	0,82	0,56	0,45	0,5
Operating Profit Margin	0,29 %	2,63 %	5,03 %	0,73 %
Current Ratio	2,08	2,01	2,27	2,91
Quick Ratio	6,08	7,18	4,44	9,15
Equity Ratio	0,4	0,43	0,47	0,52
Gross Profit Margin	27,86 %	27,43 %	28,04 %	26,47 %