MORTEN FLENSTAD PROSJEKT OG DRIFTSUTVIKLING AS

7110 FEVÅG

Finances

Share Ownership

Return on Equity

107 %

Current Ratio

8,09

Debt-to-Equity Ratio

−1,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	65 000	39 000	13 000	89 000
Net Income	−107 000	9 000	−16 000	16 000
Total Assets	89 000	200 000	174 000	197 000
Total Equity	−100 000	7 000	−1 000	15 000

Income (NOK)	2022	2021	2020	2019
Revenue	65 000	39 000	13 000	89 000
Expenditure	50 000	30 000	29 000	73 000
Operating Profit	15 000	9 000	−16 000	16 000
Financial Income	0	0	0	0
Financial Costs	123 000	0	0	0
Financial Balance	−123 000	0	0	0
Earnings Before Tax	−107 000	9 000	−16 000	16 000
Tax	0	0	0	0
Net Income	−107 000	9 000	−16 000	16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	130 000	130 000	130 000
Total Current Assets	89 000	70 000	44 000	67 000
Total Assets	89 000	200 000	174 000	197 000
Total Retained Equity	−130 000	−23 000	−31 000	−15 000
Total Equity	−100 000	7 000	−1 000	15 000
Total Long-Term Debt	177 000	185 000	174 000	0
Total Current Debt	11 000	7 000	2 000	182 000
Total Equity and Debt	89 000	200 000	174 000	197 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	65 000	51 000	27 000	63 000
Other Income	0	−13 000	−14 000	27 000
Revenue	65 000	39 000	13 000	89 000
Cost of Goods Sold	23 000	12 000	4 000	27 000
Salary Costs	0	0	0	1 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	50 000	30 000	29 000	73 000
Operating Profit	15 000	9 000	−16 000	16 000
Financial Income	0	0	0	0
Financial Costs	123 000	0	0	0
Financial Balance	−123 000	0	0	0
Dividends	0	0	0	0
Net Income	−107 000	9 000	−16 000	16 000

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	0	130 000	130 000	130 000
Total Fixed Assets	0	130 000	130 000	130 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	87 000	70 000	21 000	41 000
Total Current Assets	89 000	70 000	44 000	67 000
Total Assets	89 000	200 000	174 000	197 000
Total Equity	−100 000	7 000	−1 000	15 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	177 000	185 000	174 000	0
Creditors	3 000	3 000	3 000	4 000
Unpaid Taxes	8 000	4 000	−1 000	1 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	177 000
Total Current Debt	11 000	7 000	2 000	182 000
Total Equity and Debt	89 000	200 000	174 000	197 000

Financial indicators	2022	2021	2020	2019
Return on Equity	107 %	128,57 %	1 600 %	106,67 %
Debt-to-Equity Ratio	−1,77	26,43	−174	0
Operating Profit Margin	23,08 %	23,08 %	−123,08 %	17,98 %
Current Ratio	8,09	10	22	0,37
Quick Ratio	8,09	10	22	0,37
Equity Ratio	−1,12	0,04	−0,01	0,08
Gross Profit Margin	64,62 %	69,23 %	69,23 %	69,66 %