MORTEN AS

3404 LIER

Finances

Return on Equity

23,4 %

Current Ratio

0,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 132 000	4 132 000	4 132 000	3 605 000
Net Income	2 508 000	2 515 000	2 450 000	3 418 000
Total Assets	21 023 000	12 827 000	14 844 000	17 280 000
Total Equity	10 720 000	11 813 000	11 797 000	14 347 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 132 000	4 132 000	4 132 000	3 605 000
Expenditure	962 000	921 000	1 001 000	185 000
Operating Profit	3 170 000	3 211 000	3 131 000	3 420 000
Financial Income	160 000	12 000	11 000	759 000
Financial Costs	119 000	0	1 000	3 000
Financial Balance	41 000	12 000	10 000	756 000
Earnings Before Tax	3 210 000	3 223 000	3 141 000	4 176 000
Tax	702 000	708 000	690 000	758 000
Net Income	2 508 000	2 515 000	2 450 000	3 418 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 749 000	10 754 000	11 599 000	11 349 000
Total Current Assets	3 274 000	2 073 000	3 246 000	5 931 000
Total Assets	21 023 000	12 827 000	14 844 000	17 280 000
Total Retained Equity	10 690 000	11 783 000	11 767 000	14 317 000
Total Equity	10 720 000	11 813 000	11 797 000	14 347 000
Total Long-Term Debt	0	0	0	24 000
Total Current Debt	10 303 000	1 015 000	3 047 000	2 909 000
Total Equity and Debt	21 023 000	12 827 000	14 844 000	17 280 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 132 000	4 132 000	4 132 000	3 605 000
Revenue	4 132 000	4 132 000	4 132 000	3 605 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	905 000	898 000	887 000	164 000
Impairment	0	0	0	0
Expenditure	962 000	921 000	1 001 000	185 000
Operating Profit	3 170 000	3 211 000	3 131 000	3 420 000
Financial Income	160 000	12 000	11 000	759 000
Financial Costs	119 000	0	1 000	3 000
Financial Balance	41 000	12 000	10 000	756 000
Dividends	0	0	2 000 000	0
Net Income	2 508 000	2 515 000	2 450 000	3 418 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	119 000	61 000	7 000	0
Real Eastate	7 845 000	8 590 000	9 335 000	8 979 000
Machinery and Plant Facilities	425 000	547 000	668 000	739 000
Fixtures	232 000	0	32 000	74 000
Total Tangible Assets	8 503 000	9 137 000	10 035 000	9 792 000
Total Fiancial Fixed Assets	9 128 000	1 556 000	1 556 000	1 557 000
Total Fixed Assets	17 749 000	10 754 000	11 599 000	11 349 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 274 000	1 199 000	3 246 000	5 503 000
Total Current Assets	3 274 000	2 073 000	3 246 000	5 931 000
Total Assets	21 023 000	12 827 000	14 844 000	17 280 000
Total Equity	10 720 000	11 813 000	11 797 000	14 347 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	24 000
Creditors	1 000	0	0	2 217 000
Unpaid Taxes	344 000	172 000	173 000	0
Dividends	0	0	2 000 000	0
Other Current Debt	9 198 000	82 000	153 000	75 000
Total Current Debt	10 303 000	1 015 000	3 047 000	2 909 000
Total Equity and Debt	21 023 000	12 827 000	14 844 000	17 280 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,4 %	21,29 %	20,77 %	23,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	76,72 %	77,71 %	75,77 %	94,87 %
Current Ratio	0,32	2,04	1,07	2,04
Quick Ratio	0,32	2,04	1,07	2,04
Equity Ratio	0,51	0,92	0,79	0,83
Gross Profit Margin	100 %	100 %	100 %	100 %