MORTHEN HORDVIK HANSEN AS

5108 HORDVIK

Finances

Return on Equity

82,16 %

Current Ratio

4,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	3 022 000	2 597 000	2 894 000	4 328 000
Total Assets	4 562 000	3 178 000	3 487 000	6 369 000
Total Equity	3 678 000	656 000	558 000	565 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	25 000	18 000	17 000	18 000
Operating Profit	−25 000	−18 000	−17 000	−18 000
Financial Income	3 900 000	2 612 000	2 918 000	5 320 000
Financial Costs	0	0	7 000	1 000
Financial Balance	3 900 000	2 612 000	2 911 000	5 319 000
Earnings Before Tax	3 875 000	2 594 000	2 894 000	5 301 000
Tax	852 000	−4 000	0	973 000
Net Income	3 022 000	2 597 000	2 894 000	4 328 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	500 000	500 000	500 000	500 000
Total Current Assets	4 062 000	2 678 000	2 987 000	5 869 000
Total Assets	4 562 000	3 178 000	3 487 000	6 369 000
Total Retained Equity	3 178 000	156 000	58 000	65 000
Total Equity	3 678 000	656 000	558 000	565 000
Total Long-Term Debt	6 000	6 000	10 000	12 000
Total Current Debt	878 000	2 516 000	2 919 000	5 792 000
Total Equity and Debt	4 562 000	3 178 000	3 487 000	6 369 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	25 000	18 000	17 000	18 000
Operating Profit	−25 000	−18 000	−17 000	−18 000
Financial Income	3 900 000	2 612 000	2 918 000	5 320 000
Financial Costs	0	0	7 000	1 000
Financial Balance	3 900 000	2 612 000	2 911 000	5 319 000
Dividends	0	2 500 000	2 900 000	5 650 000
Net Income	3 022 000	2 597 000	2 894 000	4 328 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	500 000	500 000	500 000	500 000
Total Fixed Assets	500 000	500 000	500 000	500 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	165 000	68 000	87 000	895 000
Total Current Assets	4 062 000	2 678 000	2 987 000	5 869 000
Total Assets	4 562 000	3 178 000	3 487 000	6 369 000
Total Equity	3 678 000	656 000	558 000	565 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 000	6 000	10 000	12 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	2 500 000	2 900 000	5 650 000
Other Current Debt	26 000	16 000	16 000	16 000
Total Current Debt	878 000	2 516 000	2 919 000	5 792 000
Total Equity and Debt	4 562 000	3 178 000	3 487 000	6 369 000

Financial indicators	2022	2021	2020	2019
Return on Equity	82,16 %	395,88 %	518,64 %	766,02 %
Debt-to-Equity Ratio	0	0,01	0,02	0,02
Operating Profit Margin	-	-	-	-
Current Ratio	4,63	1,06	1,02	1,01
Quick Ratio	4,63	1,06	1,02	1,01
Equity Ratio	0,81	0,21	0,16	0,09
Gross Profit Margin	-	-	-	-