MORTEN HEEN HOLDING AS

4355 KVERNALAND

Finances

Return on Equity

11,14 %

Current Ratio

1,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 000	6 000	6 000	6 000
Net Income	314 000	319 000	396 000	−97 000
Total Assets	3 236 000	2 914 000	2 793 000	2 596 000
Total Equity	2 818 000	2 805 000	2 486 000	2 290 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 000	6 000	6 000	6 000
Expenditure	102 000	105 000	110 000	104 000
Operating Profit	−97 000	−98 000	−104 000	−97 000
Financial Income	500 000	500 000	500 000	0
Financial Costs	1 000	0	0	0
Financial Balance	499 000	500 000	500 000	0
Earnings Before Tax	402 000	402 000	396 000	−97 000
Tax	89 000	83 000	0	0
Net Income	314 000	319 000	396 000	−97 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 570 000	2 420 000	2 420 000	2 420 000
Total Current Assets	665 000	494 000	373 000	176 000
Total Assets	3 236 000	2 914 000	2 793 000	2 596 000
Total Retained Equity	2 718 000	2 705 000	2 386 000	2 190 000
Total Equity	2 818 000	2 805 000	2 486 000	2 290 000
Total Long-Term Debt	5 000	6 000	0	0
Total Current Debt	412 000	103 000	307 000	307 000
Total Equity and Debt	3 236 000	2 914 000	2 793 000	2 596 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	5 000	6 000	6 000	6 000
Revenue	5 000	6 000	6 000	6 000
Cost of Goods Sold	0	0	0	0
Salary Costs	40 000	48 000	58 000	55 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	102 000	105 000	110 000	104 000
Operating Profit	−97 000	−98 000	−104 000	−97 000
Financial Income	500 000	500 000	500 000	0
Financial Costs	1 000	0	0	0
Financial Balance	499 000	500 000	500 000	0
Dividends	300 000	0	200 000	0
Net Income	314 000	319 000	396 000	−97 000

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	2 570 000	2 420 000	2 420 000	2 420 000
Total Fixed Assets	2 570 000	2 420 000	2 420 000	2 420 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	109 000	17 000	51 000	162 000
Total Current Assets	665 000	494 000	373 000	176 000
Total Assets	3 236 000	2 914 000	2 793 000	2 596 000
Total Equity	2 818 000	2 805 000	2 486 000	2 290 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 000	6 000	0	0
Creditors	0	0	0	0
Unpaid Taxes	4 000	6 000	7 000	7 000
Dividends	300 000	0	200 000	0
Other Current Debt	19 000	20 000	100 000	300 000
Total Current Debt	412 000	103 000	307 000	307 000
Total Equity and Debt	3 236 000	2 914 000	2 793 000	2 596 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,14 %	11,37 %	15,93 %	−4,24 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1 940 %	−1 633,33 %	−1 733,33 %	−1 616,67 %
Current Ratio	1,61	4,8	1,21	0,57
Quick Ratio	1,61	4,8	1,21	0,57
Equity Ratio	0,87	0,96	0,89	0,88
Gross Profit Margin	100 %	100 %	100 %	100 %