MORTEN AASEN AS

0751 OSLO

Finances

Return on Equity

33,04 %

Current Ratio

4,23

Debt-to-Equity Ratio

3,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 086 000	1 974 000	2 605 000	1 090 000
Net Income	2 271 000	796 000	−1 319 000	1 234 000
Total Assets	33 632 000	32 916 000	32 011 000	33 872 000
Total Equity	6 874 000	4 603 000	3 807 000	5 127 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 086 000	1 974 000	2 605 000	1 090 000
Expenditure	1 927 000	1 844 000	3 190 000	2 767 000
Operating Profit	1 159 000	130 000	−585 000	−1 677 000
Financial Income	1 875 000	0	0	0
Financial Costs	635 000	409 000	735 000	−2 911 000
Financial Balance	1 240 000	−409 000	−735 000	2 911 000
Earnings Before Tax	2 399 000	−279 000	−1 319 000	1 234 000
Tax	128 000	−1 075 000	0	0
Net Income	2 271 000	796 000	−1 319 000	1 234 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 583 000	29 012 000	29 966 000	32 360 000
Total Current Assets	6 049 000	3 904 000	2 045 000	1 512 000
Total Assets	33 632 000	32 916 000	32 011 000	33 872 000
Total Retained Equity	6 774 000	4 503 000	3 707 000	5 027 000
Total Equity	6 874 000	4 603 000	3 807 000	5 127 000
Total Long-Term Debt	25 328 000	27 494 000	27 392 000	27 993 000
Total Current Debt	1 430 000	819 000	812 000	753 000
Total Equity and Debt	33 632 000	32 916 000	32 011 000	33 872 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 584 000	706 000	946 000	1 090 000
Other Income	1 501 000	1 268 000	1 659 000	0
Revenue	3 086 000	1 974 000	2 605 000	1 090 000
Cost of Goods Sold	29 000	38 000	38 000	0
Salary Costs	0	0	38 000	36 000
Depreciation	1 302 000	1 302 000	2 446 000	2 288 000
Impairment	0	0	0	0
Expenditure	1 927 000	1 844 000	3 190 000	2 767 000
Operating Profit	1 159 000	130 000	−585 000	−1 677 000
Financial Income	1 875 000	0	0	0
Financial Costs	635 000	409 000	735 000	−2 911 000
Financial Balance	1 240 000	−409 000	−735 000	2 911 000
Dividends	0	0	0	0
Net Income	2 271 000	796 000	−1 319 000	1 234 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	947 000	1 075 000	0	0
Real Eastate	19 456 000	20 757 000	22 059 000	22 928 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	19 456 000	20 757 000	22 059 000	22 928 000
Total Fiancial Fixed Assets	7 180 000	7 180 000	7 907 000	9 432 000
Total Fixed Assets	27 583 000	29 012 000	29 966 000	32 360 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	228 000	216 000	160 000	1 170 000
Total Current Assets	6 049 000	3 904 000	2 045 000	1 512 000
Total Assets	33 632 000	32 916 000	32 011 000	33 872 000
Total Equity	6 874 000	4 603 000	3 807 000	5 127 000
Short-Term Group Debt	0	4 000	0	0
Total Long-Term Debt	25 328 000	27 494 000	27 392 000	27 993 000
Creditors	123 000	59 000	525 000	752 000
Unpaid Taxes	0	0	294 000	0
Dividends	0	0	0	0
Other Current Debt	1 306 000	756 000	−7 000	1 000
Total Current Debt	1 430 000	819 000	812 000	753 000
Total Equity and Debt	33 632 000	32 916 000	32 011 000	33 872 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,04 %	17,29 %	−34,65 %	24,07 %
Debt-to-Equity Ratio	3,68	5,97	7,2	5,46
Operating Profit Margin	37,56 %	6,59 %	−22,46 %	−153,85 %
Current Ratio	4,23	4,77	2,52	2,01
Quick Ratio	4,23	4,77	2,52	2,01
Equity Ratio	0,2	0,14	0,12	0,15
Gross Profit Margin	99,06 %	98,07 %	98,54 %	100 %