MORTERUD BAKERI & KONDITORI AS

4876 GRIMSTAD

Finances

Share Ownership

Return on Equity

18,6 %

Current Ratio

2,06

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 133 000	8 218 000	8 654 000	3 850 000
Net Income	550 000	670 000	1 139 000	38 000
Total Assets	3 645 000	3 541 000	3 890 000	1 184 000
Total Equity	2 957 000	2 577 000	1 907 000	668 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 133 000	8 218 000	8 654 000	3 850 000
Expenditure	8 399 000	7 359 000	7 215 000	3 811 000
Operating Profit	733 000	859 000	1 439 000	38 000
Financial Income	0	0	0	0
Financial Costs	28 000	0	0	0
Financial Balance	−28 000	0	0	0
Earnings Before Tax	705 000	859 000	1 439 000	38 000
Tax	155 000	189 000	300 000	0
Net Income	550 000	670 000	1 139 000	38 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 341 000	1 449 000	1 295 000	474 000
Total Current Assets	1 304 000	2 092 000	2 595 000	710 000
Total Assets	3 645 000	3 541 000	3 890 000	1 184 000
Total Retained Equity	2 927 000	2 377 000	732 000	568 000
Total Equity	2 957 000	2 577 000	1 907 000	668 000
Total Long-Term Debt	55 000	19 000	14 000	0
Total Current Debt	633 000	945 000	1 969 000	516 000
Total Equity and Debt	3 645 000	3 541 000	3 890 000	1 184 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 783 000	8 061 000	8 596 000	3 850 000
Other Income	350 000	157 000	58 000	0
Revenue	9 133 000	8 218 000	8 654 000	3 850 000
Cost of Goods Sold	3 380 000	2 462 000	2 596 000	1 289 000
Salary Costs	2 977 000	3 429 000	3 381 000	2 007 000
Depreciation	377 000	211 000	186 000	35 000
Impairment	0	0	0	0
Expenditure	8 399 000	7 359 000	7 215 000	3 811 000
Operating Profit	733 000	859 000	1 439 000	38 000
Financial Income	0	0	0	0
Financial Costs	28 000	0	0	0
Financial Balance	−28 000	0	0	0
Dividends	0	0	975 000	0
Net Income	550 000	670 000	1 139 000	38 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	1 638 000	92 000	123 000	0
Total Intangible Assets	1 638 000	92 000	123 000	0
Real Eastate	0	291 000	305 000	321 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	703 000	1 066 000	867 000	153 000
Total Tangible Assets	703 000	1 357 000	1 172 000	474 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 341 000	1 449 000	1 295 000	474 000
Stock	140 000	196 000	233 000	147 000
Total Investments	0	0	0	0
Cash, Bank	918 000	1 640 000	2 118 000	300 000
Total Current Assets	1 304 000	2 092 000	2 595 000	710 000
Total Assets	3 645 000	3 541 000	3 890 000	1 184 000
Total Equity	2 957 000	2 577 000	1 907 000	668 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	55 000	19 000	14 000	0
Creditors	198 000	176 000	162 000	163 000
Unpaid Taxes	103 000	283 000	252 000	184 000
Dividends	0	0	975 000	0
Other Current Debt	213 000	301 000	295 000	168 000
Total Current Debt	633 000	945 000	1 969 000	516 000
Total Equity and Debt	3 645 000	3 541 000	3 890 000	1 184 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,6 %	26 %	59,73 %	5,69 %
Debt-to-Equity Ratio	0,02	0,01	0,01	0
Operating Profit Margin	8,03 %	10,45 %	16,63 %	0,99 %
Current Ratio	2,06	2,21	1,32	1,38
Quick Ratio	2,65	2,79	1,49	1,92
Equity Ratio	0,81	0,73	0,49	0,56
Gross Profit Margin	62,99 %	70,04 %	70 %	66,52 %