MORTVEIT EIENDOM AS

5580 ØLEN

Finances

Return on Equity

10,75 %

Current Ratio

0,78

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	4 450 000	2 163 000	5 074 000
Net Income	157 000	−3 621 000	−386 000	37 000
Total Assets	5 539 000	2 408 000	12 655 000	11 775 000
Total Equity	1 461 000	1 304 000	4 925 000	1 211 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	4 450 000	2 163 000	5 074 000
Expenditure	11 000	9 043 000	2 408 000	4 897 000
Operating Profit	−11 000	−4 593 000	−244 000	177 000
Financial Income	202 000	6 000	4 000	0
Financial Costs	0	58 000	254 000	131 000
Financial Balance	202 000	−52 000	−250 000	−131 000
Earnings Before Tax	192 000	−4 645 000	−495 000	47 000
Tax	35 000	−1 024 000	−109 000	10 000
Net Income	157 000	−3 621 000	−386 000	37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 366 000	2 401 000	10 367 000	11 593 000
Total Current Assets	3 173 000	7 000	2 288 000	182 000
Total Assets	5 539 000	2 408 000	12 655 000	11 775 000
Total Retained Equity	−6 239 000	−6 396 000	−2 775 000	−2 389 000
Total Equity	1 461 000	1 304 000	4 925 000	1 211 000
Total Long-Term Debt	0	0	5 672 000	5 852 000
Total Current Debt	4 078 000	1 103 000	2 058 000	4 712 000
Total Equity and Debt	5 539 000	2 408 000	12 655 000	11 775 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	4 450 000	2 163 000	5 074 000
Other Income	0	0	0	0
Revenue	0	4 450 000	2 163 000	5 074 000
Cost of Goods Sold	0	8 990 000	2 234 000	4 809 000
Salary Costs	5 000	0	0	0
Depreciation	0	0	25 000	12 000
Impairment	0	0	0	0
Expenditure	11 000	9 043 000	2 408 000	4 897 000
Operating Profit	−11 000	−4 593 000	−244 000	177 000
Financial Income	202 000	6 000	4 000	0
Financial Costs	0	58 000	254 000	131 000
Financial Balance	202 000	−52 000	−250 000	−131 000
Dividends	0	0	0	0
Net Income	157 000	−3 621 000	−386 000	37 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 675 000	1 709 000	685 000	576 000
Real Eastate	692 000	692 000	9 682 000	10 993 000
Machinery and Plant Facilities	0	0	0	25 000
Fixtures	0	0	0	0
Total Tangible Assets	692 000	692 000	9 682 000	11 017 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 366 000	2 401 000	10 367 000	11 593 000
Stock	0	0	0	0
Total Investments	3 173 000	0	0	0
Cash, Bank	0	7 000	1 607 000	182 000
Total Current Assets	3 173 000	7 000	2 288 000	182 000
Total Assets	5 539 000	2 408 000	12 655 000	11 775 000
Total Equity	1 461 000	1 304 000	4 925 000	1 211 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	5 672 000	5 852 000
Creditors	0	0	958 000	12 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 078 000	1 103 000	1 100 000	4 700 000
Total Current Debt	4 078 000	1 103 000	2 058 000	4 712 000
Total Equity and Debt	5 539 000	2 408 000	12 655 000	11 775 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,75 %	−277,68 %	−7,84 %	3,06 %
Debt-to-Equity Ratio	0	0	1,15	4,83
Operating Profit Margin	-	−103,21 %	−11,28 %	3,49 %
Current Ratio	0,78	0,01	1,11	0,04
Quick Ratio	0,78	0,01	1,11	0,04
Equity Ratio	0,26	0,54	0,39	0,1
Gross Profit Margin	-	−102,02 %	−3,28 %	5,22 %