MORTEN AUTHEN AS

1852 MYSEN

Finances

Share Ownership

Return on Equity

5,69 %

Current Ratio

1,65

Debt-to-Equity Ratio

1,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 605 000	7 229 000	5 721 000	4 107 000
Net Income	149 000	618 000	223 000	162 000
Total Assets	7 638 000	7 025 000	5 836 000	2 707 000
Total Equity	2 619 000	2 470 000	1 852 000	1 629 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 605 000	7 229 000	5 721 000	4 107 000
Expenditure	6 173 000	6 367 000	5 349 000	3 894 000
Operating Profit	432 000	862 000	373 000	213 000
Financial Income	33 000	46 000	59 000	5 000
Financial Costs	262 000	115 000	146 000	10 000
Financial Balance	−229 000	−69 000	−87 000	−5 000
Earnings Before Tax	203 000	793 000	287 000	208 000
Tax	54 000	175 000	63 000	46 000
Net Income	149 000	618 000	223 000	162 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 846 000	3 784 000	3 822 000	340 000
Total Current Assets	3 792 000	3 241 000	2 014 000	2 367 000
Total Assets	7 638 000	7 025 000	5 836 000	2 707 000
Total Retained Equity	2 519 000	2 370 000	1 752 000	1 529 000
Total Equity	2 619 000	2 470 000	1 852 000	1 629 000
Total Long-Term Debt	2 723 000	2 880 000	2 944 000	2 000
Total Current Debt	2 296 000	1 675 000	1 040 000	1 076 000
Total Equity and Debt	7 638 000	7 025 000	5 836 000	2 707 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 473 000	7 038 000	5 671 000	4 107 000
Other Income	132 000	191 000	50 000	0
Revenue	6 605 000	7 229 000	5 721 000	4 107 000
Cost of Goods Sold	4 133 000	4 784 000	4 116 000	2 966 000
Salary Costs	0	0	0	0
Depreciation	102 000	91 000	94 000	69 000
Impairment	0	0	0	0
Expenditure	6 173 000	6 367 000	5 349 000	3 894 000
Operating Profit	432 000	862 000	373 000	213 000
Financial Income	33 000	46 000	59 000	5 000
Financial Costs	262 000	115 000	146 000	10 000
Financial Balance	−229 000	−69 000	−87 000	−5 000
Dividends	0	0	0	0
Net Income	149 000	618 000	223 000	162 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 666 000	2 666 000	2 666 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 180 000	1 118 000	1 143 000	308 000
Total Tangible Assets	3 846 000	3 784 000	3 809 000	308 000
Total Fiancial Fixed Assets	0	0	12 000	32 000
Total Fixed Assets	3 846 000	3 784 000	3 822 000	340 000
Stock	1 400 000	1 460 000	1 098 000	847 000
Total Investments	0	0	0	0
Cash, Bank	385 000	752 000	491 000	318 000
Total Current Assets	3 792 000	3 241 000	2 014 000	2 367 000
Total Assets	7 638 000	7 025 000	5 836 000	2 707 000
Total Equity	2 619 000	2 470 000	1 852 000	1 629 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 723 000	2 880 000	2 944 000	2 000
Creditors	1 241 000	988 000	790 000	719 000
Unpaid Taxes	356 000	294 000	131 000	223 000
Dividends	0	0	0	0
Other Current Debt	665 000	239 000	84 000	87 000
Total Current Debt	2 296 000	1 675 000	1 040 000	1 076 000
Total Equity and Debt	7 638 000	7 025 000	5 836 000	2 707 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,69 %	25,02 %	12,04 %	9,94 %
Debt-to-Equity Ratio	1,04	1,17	1,59	0
Operating Profit Margin	6,54 %	11,92 %	6,52 %	5,19 %
Current Ratio	1,65	1,93	1,94	2,2
Quick Ratio	4,23	15,07	−34,72	10,34
Equity Ratio	0,34	0,35	0,32	0,6
Gross Profit Margin	37,43 %	33,82 %	28,05 %	27,78 %