MORTEN NILSEN TØMRARFORRETNING AS

5106 ØVRE ERVIK

Finances

Return on Equity

−19,85 %

Current Ratio

15,8

Debt-to-Equity Ratio

9,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	393 000	0
Net Income	−244 000	235 000	1 879 000	290 000
Total Assets	13 398 000	15 507 000	18 969 000	20 467 000
Total Equity	1 229 000	1 473 000	1 238 000	558 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	393 000	0
Expenditure	395 000	1 055 000	408 000	425 000
Operating Profit	−395 000	−1 055 000	−14 000	−425 000
Financial Income	878 000	1 902 000	2 570 000	1 529 000
Financial Costs	727 000	612 000	676 000	814 000
Financial Balance	151 000	1 290 000	1 894 000	715 000
Earnings Before Tax	−244 000	235 000	1 879 000	290 000
Tax	0	0	0	0
Net Income	−244 000	235 000	1 879 000	290 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 250 000	1 250 000	1 250 000	1 307 000
Total Current Assets	12 148 000	14 257 000	17 719 000	19 160 000
Total Assets	13 398 000	15 507 000	18 969 000	20 467 000
Total Retained Equity	1 129 000	1 373 000	1 138 000	458 000
Total Equity	1 229 000	1 473 000	1 238 000	558 000
Total Long-Term Debt	11 400 000	11 880 000	12 000 000	12 000 000
Total Current Debt	769 000	2 154 000	5 731 000	7 909 000
Total Equity and Debt	13 398 000	15 507 000	18 969 000	20 467 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	393 000	0
Revenue	0	0	393 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	308 000	950 000	310 000	324 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	395 000	1 055 000	408 000	425 000
Operating Profit	−395 000	−1 055 000	−14 000	−425 000
Financial Income	878 000	1 902 000	2 570 000	1 529 000
Financial Costs	727 000	612 000	676 000	814 000
Financial Balance	151 000	1 290 000	1 894 000	715 000
Dividends	0	0	1 200 000	1 020 000
Net Income	−244 000	235 000	1 879 000	290 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 250 000	1 250 000	1 250 000	1 307 000
Total Fixed Assets	1 250 000	1 250 000	1 250 000	1 307 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	20 000	165 000	92 000	228 000
Total Current Assets	12 148 000	14 257 000	17 719 000	19 160 000
Total Assets	13 398 000	15 507 000	18 969 000	20 467 000
Total Equity	1 229 000	1 473 000	1 238 000	558 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 400 000	11 880 000	12 000 000	12 000 000
Creditors	27 000	25 000	26 000	57 000
Unpaid Taxes	22 000	101 000	22 000	22 000
Dividends	0	0	1 200 000	1 020 000
Other Current Debt	721 000	2 029 000	5 683 000	7 830 000
Total Current Debt	769 000	2 154 000	5 731 000	7 909 000
Total Equity and Debt	13 398 000	15 507 000	18 969 000	20 467 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,85 %	15,95 %	151,78 %	51,97 %
Debt-to-Equity Ratio	9,28	8,07	9,69	21,51
Operating Profit Margin	-	-	−3,56 %	-
Current Ratio	15,8	6,62	3,09	2,42
Quick Ratio	15,8	6,62	3,09	2,42
Equity Ratio	0,09	0,09	0,07	0,03
Gross Profit Margin	-	-	100 %	-