MORTEN KVAL AS

2608 LILLEHAMMER

Finances

Share Ownership

Return on Equity

−11,18 %

Current Ratio

2,06

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 953 000	13 525 000	10 504 000	13 246 000
Net Income	−413 000	1 138 000	224 000	1 384 000
Total Assets	5 865 000	7 069 000	5 894 000	6 075 000
Total Equity	3 695 000	4 108 000	2 970 000	3 246 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 953 000	13 525 000	10 504 000	13 246 000
Expenditure	11 473 000	12 060 000	10 207 000	11 480 000
Operating Profit	−521 000	1 465 000	297 000	1 767 000
Financial Income	3 000	10 000	7 000	23 000
Financial Costs	11 000	16 000	16 000	15 000
Financial Balance	−8 000	−6 000	−9 000	8 000
Earnings Before Tax	−529 000	1 459 000	288 000	1 775 000
Tax	−116 000	321 000	64 000	391 000
Net Income	−413 000	1 138 000	224 000	1 384 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 490 000	890 000	1 194 000	813 000
Total Current Assets	4 375 000	6 179 000	4 700 000	5 262 000
Total Assets	5 865 000	7 069 000	5 894 000	6 075 000
Total Retained Equity	3 195 000	3 608 000	2 470 000	2 746 000
Total Equity	3 695 000	4 108 000	2 970 000	3 246 000
Total Long-Term Debt	45 000	71 000	101 000	50 000
Total Current Debt	2 125 000	2 890 000	2 823 000	2 779 000
Total Equity and Debt	5 865 000	7 069 000	5 894 000	6 075 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 952 000	13 525 000	9 996 000	13 156 000
Other Income	0	0	508 000	90 000
Revenue	10 953 000	13 525 000	10 504 000	13 246 000
Cost of Goods Sold	2 450 000	3 660 000	1 944 000	2 802 000
Salary Costs	4 521 000	4 602 000	4 241 000	4 642 000
Depreciation	265 000	203 000	178 000	157 000
Impairment	0	0	0	0
Expenditure	11 473 000	12 060 000	10 207 000	11 480 000
Operating Profit	−521 000	1 465 000	297 000	1 767 000
Financial Income	3 000	10 000	7 000	23 000
Financial Costs	11 000	16 000	16 000	15 000
Financial Balance	−8 000	−6 000	−9 000	8 000
Dividends	0	0	500 000	0
Net Income	−413 000	1 138 000	224 000	1 384 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	94 000	0	0	7 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	937 000	254 000	323 000	462 000
Fixtures	167 000	231 000	320 000	27 000
Total Tangible Assets	1 104 000	485 000	643 000	489 000
Total Fiancial Fixed Assets	291 000	405 000	550 000	317 000
Total Fixed Assets	1 490 000	890 000	1 194 000	813 000
Stock	324 000	324 000	324 000	354 000
Total Investments	0	0	0	0
Cash, Bank	2 040 000	3 603 000	1 864 000	2 126 000
Total Current Assets	4 375 000	6 179 000	4 700 000	5 262 000
Total Assets	5 865 000	7 069 000	5 894 000	6 075 000
Total Equity	3 695 000	4 108 000	2 970 000	3 246 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	45 000	71 000	101 000	50 000
Creditors	713 000	1 104 000	1 100 000	956 000
Unpaid Taxes	652 000	937 000	812 000	971 000
Dividends	0	0	500 000	0
Other Current Debt	760 000	498 000	406 000	477 000
Total Current Debt	2 125 000	2 890 000	2 823 000	2 779 000
Total Equity and Debt	5 865 000	7 069 000	5 894 000	6 075 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,18 %	27,7 %	7,54 %	42,64 %
Debt-to-Equity Ratio	0,01	0,02	0,03	0,02
Operating Profit Margin	−4,76 %	10,83 %	2,83 %	13,34 %
Current Ratio	2,06	2,14	1,66	1,89
Quick Ratio	2,43	2,41	1,88	2,17
Equity Ratio	0,63	0,58	0,5	0,53
Gross Profit Margin	77,63 %	72,94 %	81,49 %	78,85 %