MORTEK AS

1364 FORNEBU

Finances

Share Ownership

Return on Equity

672 %

Current Ratio

1,08

Debt-to-Equity Ratio

1,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 627 000	5 636 000	6 447 000	5 413 000
Net Income	4 032 000	310 000	−66 000	577 000
Total Assets	7 071 000	2 614 000	3 419 000	3 163 000
Total Equity	600 000	992 000	1 060 000	1 247 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 627 000	5 636 000	6 447 000	5 413 000
Expenditure	4 453 000	5 185 000	6 469 000	4 584 000
Operating Profit	173 000	451 000	−23 000	829 000
Financial Income	4 049 000	39 000	103 000	17 000
Financial Costs	137 000	124 000	166 000	101 000
Financial Balance	3 912 000	−85 000	−63 000	−84 000
Earnings Before Tax	4 085 000	366 000	−85 000	745 000
Tax	53 000	56 000	−19 000	167 000
Net Income	4 032 000	310 000	−66 000	577 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 170 000	854 000	944 000	660 000
Total Current Assets	5 902 000	1 760 000	2 475 000	2 503 000
Total Assets	7 071 000	2 614 000	3 419 000	3 163 000
Total Retained Equity	500 000	892 000	960 000	1 147 000
Total Equity	600 000	992 000	1 060 000	1 247 000
Total Long-Term Debt	989 000	666 000	826 000	593 000
Total Current Debt	5 483 000	956 000	1 532 000	1 324 000
Total Equity and Debt	7 071 000	2 614 000	3 419 000	3 163 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 553 000	5 636 000	6 447 000	5 413 000
Other Income	74 000	0	0	0
Revenue	4 627 000	5 636 000	6 447 000	5 413 000
Cost of Goods Sold	2 481 000	2 884 000	4 010 000	2 493 000
Salary Costs	1 144 000	1 341 000	1 664 000	1 175 000
Depreciation	180 000	143 000	143 000	60 000
Impairment	0	0	0	0
Expenditure	4 453 000	5 185 000	6 469 000	4 584 000
Operating Profit	173 000	451 000	−23 000	829 000
Financial Income	4 049 000	39 000	103 000	17 000
Financial Costs	137 000	124 000	166 000	101 000
Financial Balance	3 912 000	−85 000	−63 000	−84 000
Dividends	4 424 000	350 000	0	500 000
Net Income	4 032 000	310 000	−66 000	577 000

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	1 170 000	800 000	944 000	660 000
Total Tangible Assets	1 170 000	800 000	944 000	660 000
Total Fiancial Fixed Assets	0	54 000	0	0
Total Fixed Assets	1 170 000	854 000	944 000	660 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 391 000	742 000	1 569 000	1 124 000
Total Current Assets	5 902 000	1 760 000	2 475 000	2 503 000
Total Assets	7 071 000	2 614 000	3 419 000	3 163 000
Total Equity	600 000	992 000	1 060 000	1 247 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	989 000	666 000	826 000	593 000
Creditors	1 077 000	264 000	589 000	386 000
Unpaid Taxes	583 000	430 000	720 000	614 000
Dividends	4 424 000	350 000	0	500 000
Other Current Debt	225 000	150 000	222 000	135 000
Total Current Debt	5 483 000	956 000	1 532 000	1 324 000
Total Equity and Debt	7 071 000	2 614 000	3 419 000	3 163 000

Financial indicators	2022	2021	2020	2019
Return on Equity	672 %	31,25 %	−6,23 %	46,27 %
Debt-to-Equity Ratio	1,65	0,67	0,78	0,48
Operating Profit Margin	3,74 %	8 %	−0,36 %	15,31 %
Current Ratio	1,08	1,84	1,62	1,89
Quick Ratio	1,08	1,84	1,62	1,89
Equity Ratio	0,08	0,38	0,31	0,39
Gross Profit Margin	46,38 %	48,83 %	37,8 %	53,94 %