RINO MORTENSEN AS

8430 MYRE

Finances

Share Ownership

Return on Equity

26,74 %

Current Ratio

3,34

Debt-to-Equity Ratio

5,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 320 000	9 166 000	9 227 000	9 090 000
Net Income	2 078 000	804 000	600 000	1 430 000
Total Assets	55 569 000	40 370 000	38 865 000	29 841 000
Total Equity	7 772 000	5 694 000	4 890 000	4 290 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 320 000	9 166 000	9 227 000	9 090 000
Expenditure	10 816 000	7 376 000	7 541 000	6 672 000
Operating Profit	3 504 000	1 790 000	1 687 000	2 418 000
Financial Income	245 000	17 000	20 000	21 000
Financial Costs	1 098 000	768 000	928 000	597 000
Financial Balance	−853 000	−751 000	−908 000	−576 000
Earnings Before Tax	2 651 000	1 039 000	779 000	1 843 000
Tax	573 000	235 000	179 000	413 000
Net Income	2 078 000	804 000	600 000	1 430 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	47 582 000	36 268 000	33 998 000	24 527 000
Total Current Assets	7 987 000	4 102 000	4 867 000	5 314 000
Total Assets	55 569 000	40 370 000	38 865 000	29 841 000
Total Retained Equity	7 672 000	5 594 000	4 790 000	4 190 000
Total Equity	7 772 000	5 694 000	4 890 000	4 290 000
Total Long-Term Debt	45 405 000	32 583 000	31 767 000	23 148 000
Total Current Debt	2 392 000	2 093 000	2 209 000	2 403 000
Total Equity and Debt	55 569 000	40 370 000	38 865 000	29 841 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 214 000	8 994 000	9 227 000	9 090 000
Other Income	106 000	173 000	0	0
Revenue	14 320 000	9 166 000	9 227 000	9 090 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 445 000	3 494 000	3 575 000	3 525 000
Depreciation	2 960 000	2 193 000	2 086 000	1 677 000
Impairment	0	0	0	0
Expenditure	10 816 000	7 376 000	7 541 000	6 672 000
Operating Profit	3 504 000	1 790 000	1 687 000	2 418 000
Financial Income	245 000	17 000	20 000	21 000
Financial Costs	1 098 000	768 000	928 000	597 000
Financial Balance	−853 000	−751 000	−908 000	−576 000
Dividends	0	0	0	0
Net Income	2 078 000	804 000	600 000	1 430 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	27 947 000	30 280 000	28 638 000	19 278 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 364 000	1 155 000	281 000	210 000
Total Tangible Assets	19 635 000	5 987 000	5 360 000	5 230 000
Total Fiancial Fixed Assets	0	0	0	19 000
Total Fixed Assets	47 582 000	36 268 000	33 998 000	24 527 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 723 000	3 963 000	4 772 000	5 116 000
Total Current Assets	7 987 000	4 102 000	4 867 000	5 314 000
Total Assets	55 569 000	40 370 000	38 865 000	29 841 000
Total Equity	7 772 000	5 694 000	4 890 000	4 290 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	45 405 000	32 583 000	31 767 000	23 148 000
Creditors	265 000	64 000	34 000	38 000
Unpaid Taxes	1 082 000	587 000	833 000	988 000
Dividends	0	0	0	0
Other Current Debt	911 000	1 291 000	1 203 000	996 000
Total Current Debt	2 392 000	2 093 000	2 209 000	2 403 000
Total Equity and Debt	55 569 000	40 370 000	38 865 000	29 841 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,74 %	14,12 %	12,27 %	33,33 %
Debt-to-Equity Ratio	5,84	5,72	6,5	5,4
Operating Profit Margin	24,47 %	19,53 %	18,28 %	26,6 %
Current Ratio	3,34	1,96	2,2	2,21
Quick Ratio	3,34	1,96	2,2	2,21
Equity Ratio	0,14	0,14	0,13	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %