KAARE MORTENSEN OSLO/AKERSHUS AS

3057 SOLBERGELVA

Finances

Share Ownership

Return on Equity

21,84 %

Current Ratio

1,5

Debt-to-Equity Ratio

0,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	117 825 000	168 606 000	109 409 000	129 299 000
Net Income	3 659 000	12 660 000	6 369 000	−5 549 000
Total Assets	68 749 000	71 248 000	47 010 000	37 303 000
Total Equity	16 752 000	18 093 000	15 433 000	12 065 000

Income (NOK)	2022	2021	2020	2019
Revenue	117 825 000	168 606 000	109 409 000	129 299 000
Expenditure	112 836 000	152 312 000	100 909 000	135 671 000
Operating Profit	4 990 000	16 294 000	8 500 000	−6 372 000
Financial Income	0	1 000	18 000	25 000
Financial Costs	285 000	59 000	353 000	653 000
Financial Balance	−285 000	−58 000	−335 000	−628 000
Earnings Before Tax	4 705 000	16 236 000	8 166 000	−7 001 000
Tax	1 046 000	3 576 000	1 797 000	−1 451 000
Net Income	3 659 000	12 660 000	6 369 000	−5 549 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 183 000	1 293 000	1 052 000	5 452 000
Total Current Assets	64 567 000	69 955 000	45 959 000	31 851 000
Total Assets	68 749 000	71 248 000	47 010 000	37 303 000
Total Retained Equity	6 252 000	7 593 000	4 933 000	1 565 000
Total Equity	16 752 000	18 093 000	15 433 000	12 065 000
Total Long-Term Debt	8 912 000	5 683 000	2 107 000	460 000
Total Current Debt	43 085 000	47 472 000	29 470 000	24 779 000
Total Equity and Debt	68 749 000	71 248 000	47 010 000	37 303 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	115 483 000	163 935 000	99 699 000	122 665 000
Other Income	2 342 000	4 671 000	9 710 000	6 634 000
Revenue	117 825 000	168 606 000	109 409 000	129 299 000
Cost of Goods Sold	69 321 000	109 118 000	63 105 000	78 194 000
Salary Costs	31 088 000	31 931 000	27 862 000	39 049 000
Depreciation	930 000	509 000	626 000	1 216 000
Impairment	0	0	0	0
Expenditure	112 836 000	152 312 000	100 909 000	135 671 000
Operating Profit	4 990 000	16 294 000	8 500 000	−6 372 000
Financial Income	0	1 000	18 000	25 000
Financial Costs	285 000	59 000	353 000	653 000
Financial Balance	−285 000	−58 000	−335 000	−628 000
Dividends	5 000 000	10 000 000	3 000 000	0
Net Income	3 659 000	12 660 000	6 369 000	−5 549 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	470 000	139 000	218 000	253 000
Machinery and Plant Facilities	3 328 000	890 000	514 000	877 000
Fixtures	237 000	170 000	225 000	642 000
Total Tangible Assets	4 035 000	1 198 000	957 000	1 772 000
Total Fiancial Fixed Assets	148 000	95 000	95 000	3 680 000
Total Fixed Assets	4 183 000	1 293 000	1 052 000	5 452 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	38 783 000	40 653 000	18 503 000	1 395 000
Total Current Assets	64 567 000	69 955 000	45 959 000	31 851 000
Total Assets	68 749 000	71 248 000	47 010 000	37 303 000
Total Equity	16 752 000	18 093 000	15 433 000	12 065 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 912 000	5 683 000	2 107 000	460 000
Creditors	18 756 000	29 202 000	18 259 000	8 990 000
Unpaid Taxes	6 252 000	4 307 000	5 119 000	3 424 000
Dividends	5 000 000	10 000 000	3 000 000	0
Other Current Debt	13 077 000	3 962 000	3 092 000	5 369 000
Total Current Debt	43 085 000	47 472 000	29 470 000	24 779 000
Total Equity and Debt	68 749 000	71 248 000	47 010 000	37 303 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,84 %	69,97 %	41,27 %	−45,99 %
Debt-to-Equity Ratio	0,53	0,31	0,14	0,04
Operating Profit Margin	4,24 %	9,66 %	7,77 %	−4,93 %
Current Ratio	1,5	1,47	1,56	1,29
Quick Ratio	1,5	1,47	1,56	1,29
Equity Ratio	0,24	0,25	0,33	0,32
Gross Profit Margin	41,17 %	35,28 %	42,32 %	39,52 %