MORTEN JOHANSEN TRANSPORT AS

3949 PORSGRUNN

Finances

Return on Equity

12,74 %

Current Ratio

2,63

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 104 000	12 421 000	11 129 000	12 655 000
Net Income	1 911 000	2 098 000	2 052 000	2 672 000
Total Assets	24 064 000	21 394 000	25 353 000	23 220 000
Total Equity	15 000 000	14 289 000	14 591 000	14 539 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 104 000	12 421 000	11 129 000	12 655 000
Expenditure	11 515 000	9 583 000	8 320 000	9 056 000
Operating Profit	2 591 000	2 838 000	2 809 000	3 599 000
Financial Income	23 000	0	2 000	4 000
Financial Costs	161 000	147 000	178 000	176 000
Financial Balance	−138 000	−147 000	−176 000	−172 000
Earnings Before Tax	2 453 000	2 692 000	2 633 000	3 428 000
Tax	543 000	594 000	581 000	755 000
Net Income	1 911 000	2 098 000	2 052 000	2 672 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 262 000	11 841 000	14 279 000	12 116 000
Total Current Assets	13 802 000	9 553 000	11 074 000	11 104 000
Total Assets	24 064 000	21 394 000	25 353 000	23 220 000
Total Retained Equity	14 250 000	13 539 000	13 841 000	13 789 000
Total Equity	15 000 000	14 289 000	14 591 000	14 539 000
Total Long-Term Debt	3 819 000	4 534 000	6 952 000	5 426 000
Total Current Debt	5 245 000	2 571 000	3 810 000	3 255 000
Total Equity and Debt	24 064 000	21 394 000	25 353 000	23 220 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 863 000	12 405 000	9 511 000	12 589 000
Other Income	241 000	15 000	1 618 000	66 000
Revenue	14 104 000	12 421 000	11 129 000	12 655 000
Cost of Goods Sold	2 009 000	1 732 000	1 411 000	1 559 000
Salary Costs	5 256 000	3 688 000	3 064 000	3 662 000
Depreciation	2 692 000	2 650 000	2 416 000	1 976 000
Impairment	0	0	0	0
Expenditure	11 515 000	9 583 000	8 320 000	9 056 000
Operating Profit	2 591 000	2 838 000	2 809 000	3 599 000
Financial Income	23 000	0	2 000	4 000
Financial Costs	161 000	147 000	178 000	176 000
Financial Balance	−138 000	−147 000	−176 000	−172 000
Dividends	1 200 000	0	2 000 000	1 200 000
Net Income	1 911 000	2 098 000	2 052 000	2 672 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	300 000	410 000	520 000	631 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 138 000	9 606 000	11 934 000	9 661 000
Total Tangible Assets	8 438 000	10 016 000	12 454 000	10 292 000
Total Fiancial Fixed Assets	1 825 000	1 825 000	1 825 000	1 825 000
Total Fixed Assets	10 262 000	11 841 000	14 279 000	12 116 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 939 000	8 115 000	9 825 000	9 984 000
Total Current Assets	13 802 000	9 553 000	11 074 000	11 104 000
Total Assets	24 064 000	21 394 000	25 353 000	23 220 000
Total Equity	15 000 000	14 289 000	14 591 000	14 539 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 819 000	4 534 000	6 952 000	5 426 000
Creditors	883 000	819 000	719 000	470 000
Unpaid Taxes	1 378 000	542 000	455 000	430 000
Dividends	1 200 000	0	2 000 000	1 200 000
Other Current Debt	2 258 000	443 000	2 392 000	1 614 000
Total Current Debt	5 245 000	2 571 000	3 810 000	3 255 000
Total Equity and Debt	24 064 000	21 394 000	25 353 000	23 220 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,74 %	14,68 %	14,06 %	18,38 %
Debt-to-Equity Ratio	0,25	0,32	0,48	0,37
Operating Profit Margin	18,37 %	22,85 %	25,24 %	28,44 %
Current Ratio	2,63	3,72	2,91	3,41
Quick Ratio	2,63	3,72	2,91	3,41
Equity Ratio	0,62	0,67	0,58	0,63
Gross Profit Margin	85,76 %	86,06 %	87,32 %	87,68 %