MORTENVOLL EIENDOM AS

8906 BRØNNØYSUND

Finances

Return on Equity

23,55 %

Current Ratio

3,6

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	171 000	262 000	165 000	565 000
Net Income	458 000	1 003 000	−45 000	537 000
Total Assets	2 611 000	2 800 000	1 571 000	1 797 000
Total Equity	1 945 000	1 958 000	955 000	1 001 000

Income (NOK)	2022	2021	2020	2019
Revenue	171 000	262 000	165 000	565 000
Expenditure	229 000	251 000	223 000	379 000
Operating Profit	−59 000	11 000	−59 000	186 000
Financial Income	505 000	1 105 000	2 000	502 000
Financial Costs	0	0	1 000	0
Financial Balance	505 000	1 105 000	1 000	502 000
Earnings Before Tax	446 000	1 115 000	−58 000	689 000
Tax	−12 000	113 000	−13 000	152 000
Net Income	458 000	1 003 000	−45 000	537 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	442 000	474 000	506 000	538 000
Total Current Assets	2 168 000	2 326 000	1 065 000	1 259 000
Total Assets	2 611 000	2 800 000	1 571 000	1 797 000
Total Retained Equity	1 745 000	1 758 000	755 000	801 000
Total Equity	1 945 000	1 958 000	955 000	1 001 000
Total Long-Term Debt	62 000	65 000	68 000	70 000
Total Current Debt	603 000	777 000	547 000	726 000
Total Equity and Debt	2 611 000	2 800 000	1 571 000	1 797 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	170 000	262 000	165 000	564 000
Other Income	0	0	0	1 000
Revenue	171 000	262 000	165 000	565 000
Cost of Goods Sold	109 000	147 000	110 000	263 000
Salary Costs	0	0	0	0
Depreciation	32 000	32 000	32 000	32 000
Impairment	0	0	0	0
Expenditure	229 000	251 000	223 000	379 000
Operating Profit	−59 000	11 000	−59 000	186 000
Financial Income	505 000	1 105 000	2 000	502 000
Financial Costs	0	0	1 000	0
Financial Balance	505 000	1 105 000	1 000	502 000
Dividends	500 000	0	0	0
Net Income	458 000	1 003 000	−45 000	537 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	313 000	313 000	313 000	313 000
Machinery and Plant Facilities	26 000	54 000	83 000	111 000
Fixtures	4 000	7 000	11 000	14 000
Total Tangible Assets	342 000	374 000	406 000	438 000
Total Fiancial Fixed Assets	100 000	100 000	100 000	100 000
Total Fixed Assets	442 000	474 000	506 000	538 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 605 000	1 699 000	1 038 000	1 094 000
Total Current Assets	2 168 000	2 326 000	1 065 000	1 259 000
Total Assets	2 611 000	2 800 000	1 571 000	1 797 000
Total Equity	1 945 000	1 958 000	955 000	1 001 000
Short-Term Group Debt	52 000	604 000	521 000	473 000
Total Long-Term Debt	62 000	65 000	68 000	70 000
Creditors	0	0	11 000	6 000
Unpaid Taxes	11 000	41 000	10 000	95 000
Dividends	500 000	0	0	0
Other Current Debt	41 000	16 000	6 000	0
Total Current Debt	603 000	777 000	547 000	726 000
Total Equity and Debt	2 611 000	2 800 000	1 571 000	1 797 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,55 %	51,23 %	−4,71 %	53,65 %
Debt-to-Equity Ratio	0,03	0,03	0,07	0,07
Operating Profit Margin	−34,5 %	4,2 %	−35,76 %	32,92 %
Current Ratio	3,6	2,99	1,95	1,73
Quick Ratio	3,6	2,99	1,95	1,73
Equity Ratio	0,74	0,7	0,61	0,56
Gross Profit Margin	36,26 %	43,89 %	33,33 %	53,45 %