MORTEN OLSEN AS

3359 EGGEDAL

Finances

Return on Equity

−1,07 %

Current Ratio

2,42

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	481 000	814 000	4 609 000	5 041 000
Net Income	−20 000	−48 000	908 000	1 211 000
Total Assets	2 972 000	3 467 000	9 595 000	8 593 000
Total Equity	1 876 000	2 220 000	2 268 000	1 360 000

Income (NOK)	2022	2021	2020	2019
Revenue	481 000	814 000	4 609 000	5 041 000
Expenditure	482 000	842 000	3 152 000	3 417 000
Operating Profit	−1 000	−27 000	1 457 000	1 623 000
Financial Income	1 000	98 000	0	0
Financial Costs	25 000	133 000	293 000	321 000
Financial Balance	−24 000	−35 000	−293 000	−321 000
Earnings Before Tax	−26 000	−61 000	1 164 000	1 303 000
Tax	−6 000	−13 000	256 000	91 000
Net Income	−20 000	−48 000	908 000	1 211 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 655 000	1 886 000	918 000	6 026 000
Total Current Assets	1 317 000	1 581 000	8 677 000	2 567 000
Total Assets	2 972 000	3 467 000	9 595 000	8 593 000
Total Retained Equity	1 776 000	2 120 000	2 168 000	1 260 000
Total Equity	1 876 000	2 220 000	2 268 000	1 360 000
Total Long-Term Debt	552 000	729 000	6 589 000	6 507 000
Total Current Debt	544 000	518 000	738 000	726 000
Total Equity and Debt	2 972 000	3 467 000	9 595 000	8 593 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	475 000	512 000	2 076 000	2 329 000
Other Income	6 000	301 000	2 533 000	2 712 000
Revenue	481 000	814 000	4 609 000	5 041 000
Cost of Goods Sold	0	3 000	696 000	604 000
Salary Costs	0	0	1 118 000	1 350 000
Depreciation	231 000	232 000	415 000	381 000
Impairment	0	0	0	0
Expenditure	482 000	842 000	3 152 000	3 417 000
Operating Profit	−1 000	−27 000	1 457 000	1 623 000
Financial Income	1 000	98 000	0	0
Financial Costs	25 000	133 000	293 000	321 000
Financial Balance	−24 000	−35 000	−293 000	−321 000
Dividends	0	0	0	0
Net Income	−20 000	−48 000	908 000	1 211 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	4 949 000
Machinery and Plant Facilities	226 000	0	0	0
Fixtures	31 000	488 000	720 000	959 000
Total Tangible Assets	257 000	488 000	720 000	5 908 000
Total Fiancial Fixed Assets	1 398 000	1 398 000	198 000	118 000
Total Fixed Assets	1 655 000	1 886 000	918 000	6 026 000
Stock	0	0	0	34 000
Total Investments	0	0	0	0
Cash, Bank	72 000	247 000	53 000	345 000
Total Current Assets	1 317 000	1 581 000	8 677 000	2 567 000
Total Assets	2 972 000	3 467 000	9 595 000	8 593 000
Total Equity	1 876 000	2 220 000	2 268 000	1 360 000
Short-Term Group Debt	446 000	0	0	0
Total Long-Term Debt	552 000	729 000	6 589 000	6 507 000
Creditors	94 000	10 000	277 000	318 000
Unpaid Taxes	0	0	122 000	90 000
Dividends	0	0	0	0
Other Current Debt	4 000	508 000	255 000	319 000
Total Current Debt	544 000	518 000	738 000	726 000
Total Equity and Debt	2 972 000	3 467 000	9 595 000	8 593 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,07 %	−2,16 %	40,04 %	89,04 %
Debt-to-Equity Ratio	0,29	0,33	2,91	4,78
Operating Profit Margin	−0,21 %	−3,32 %	31,61 %	32,2 %
Current Ratio	2,42	3,05	11,76	3,54
Quick Ratio	2,42	3,05	11,76	3,71
Equity Ratio	0,63	0,64	0,24	0,16
Gross Profit Margin	100 %	99,63 %	84,9 %	88,02 %