MORTEN STIE AS

1470 LØRENSKOG

Finances

Share Ownership

Return on Equity

19,11 %

Current Ratio

0,18

Debt-to-Equity Ratio

3,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	513 000	488 000	466 000	461 000
Net Income	197 000	166 000	155 000	142 000
Total Assets	5 605 000	5 609 000	5 563 000	5 517 000
Total Equity	1 031 000	834 000	668 000	513 000

Income (NOK)	2022	2021	2020	2019
Revenue	513 000	488 000	466 000	461 000
Expenditure	147 000	183 000	144 000	140 000
Operating Profit	365 000	305 000	322 000	321 000
Financial Income	0	0	0	0
Financial Costs	112 000	92 000	123 000	139 000
Financial Balance	−112 000	−92 000	−123 000	−139 000
Earnings Before Tax	253 000	212 000	199 000	183 000
Tax	56 000	47 000	44 000	40 000
Net Income	197 000	166 000	155 000	142 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 501 000	5 501 000	5 429 000	5 399 000
Total Current Assets	103 000	108 000	134 000	119 000
Total Assets	5 605 000	5 609 000	5 563 000	5 517 000
Total Retained Equity	931 000	734 000	568 000	413 000
Total Equity	1 031 000	834 000	668 000	513 000
Total Long-Term Debt	4 000 000	4 150 000	4 303 000	4 389 000
Total Current Debt	574 000	626 000	592 000	616 000
Total Equity and Debt	5 605 000	5 609 000	5 563 000	5 517 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	513 000	488 000	466 000	461 000
Revenue	513 000	488 000	466 000	461 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	147 000	183 000	144 000	140 000
Operating Profit	365 000	305 000	322 000	321 000
Financial Income	0	0	0	0
Financial Costs	112 000	92 000	123 000	139 000
Financial Balance	−112 000	−92 000	−123 000	−139 000
Dividends	0	0	0	0
Net Income	197 000	166 000	155 000	142 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 125 000	5 125 000	5 080 000	5 050 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 125 000	5 125 000	5 080 000	5 050 000
Total Fiancial Fixed Assets	376 000	376 000	349 000	349 000
Total Fixed Assets	5 501 000	5 501 000	5 429 000	5 399 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	103 000	108 000	134 000	69 000
Total Current Assets	103 000	108 000	134 000	119 000
Total Assets	5 605 000	5 609 000	5 563 000	5 517 000
Total Equity	1 031 000	834 000	668 000	513 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000 000	4 150 000	4 303 000	4 389 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	518 000	579 000	548 000	576 000
Total Current Debt	574 000	626 000	592 000	616 000
Total Equity and Debt	5 605 000	5 609 000	5 563 000	5 517 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,11 %	19,9 %	23,2 %	27,68 %
Debt-to-Equity Ratio	3,88	4,98	6,44	8,56
Operating Profit Margin	71,15 %	62,5 %	69,1 %	69,63 %
Current Ratio	0,18	0,17	0,23	0,19
Quick Ratio	0,18	0,17	0,23	0,19
Equity Ratio	0,18	0,15	0,12	0,09
Gross Profit Margin	100 %	100 %	100 %	100 %