MORTENS HOLDING AS

4055 SOLA

Finances

Return on Equity

31,3 %

Current Ratio

15,79

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 802 000	2 417 000	1 798 000	6 163 000
Net Income	2 902 000	2 117 000	780 000	1 265 000
Total Assets	9 801 000	6 547 000	4 662 000	4 664 000
Total Equity	9 272 000	6 370 000	4 253 000	3 473 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 802 000	2 417 000	1 798 000	6 163 000
Expenditure	2 465 000	1 953 000	1 587 000	4 572 000
Operating Profit	1 336 000	464 000	211 000	1 590 000
Financial Income	2 011 000	1 828 000	750 000	3 000
Financial Costs	152 000	204 000	1 000	17 000
Financial Balance	1 859 000	1 624 000	749 000	−14 000
Earnings Before Tax	3 196 000	2 088 000	961 000	1 576 000
Tax	294 000	−29 000	181 000	311 000
Net Income	2 902 000	2 117 000	780 000	1 265 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 826 000	1 548 000	1 659 000	1 357 000
Total Current Assets	7 975 000	4 999 000	3 003 000	3 307 000
Total Assets	9 801 000	6 547 000	4 662 000	4 664 000
Total Retained Equity	9 172 000	6 270 000	4 153 000	3 373 000
Total Equity	9 272 000	6 370 000	4 253 000	3 473 000
Total Long-Term Debt	24 000	5 000	19 000	0
Total Current Debt	505 000	171 000	390 000	1 191 000
Total Equity and Debt	9 801 000	6 547 000	4 662 000	4 664 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 914 000	2 417 000	1 798 000	5 949 000
Other Income	888 000	0	0	213 000
Revenue	3 802 000	2 417 000	1 798 000	6 163 000
Cost of Goods Sold	0	0	0	1 022 000
Salary Costs	0	0	0	1 340 000
Depreciation	208 000	266 000	257 000	114 000
Impairment	0	0	0	0
Expenditure	2 465 000	1 953 000	1 587 000	4 572 000
Operating Profit	1 336 000	464 000	211 000	1 590 000
Financial Income	2 011 000	1 828 000	750 000	3 000
Financial Costs	152 000	204 000	1 000	17 000
Financial Balance	1 859 000	1 624 000	749 000	−14 000
Dividends	0	0	0	0
Net Income	2 902 000	2 117 000	780 000	1 265 000

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	428 000	266 000	352 000	452 000
Fixtures	56 000	492 000	659 000	127 000
Total Tangible Assets	484 000	758 000	1 011 000	579 000
Total Fiancial Fixed Assets	1 342 000	789 000	648 000	778 000
Total Fixed Assets	1 826 000	1 548 000	1 659 000	1 357 000
Stock	0	0	0	0
Total Investments	414 000	565 000	0	0
Cash, Bank	4 996 000	2 238 000	869 000	2 368 000
Total Current Assets	7 975 000	4 999 000	3 003 000	3 307 000
Total Assets	9 801 000	6 547 000	4 662 000	4 664 000
Total Equity	9 272 000	6 370 000	4 253 000	3 473 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	24 000	5 000	19 000	0
Creditors	140 000	140 000	159 000	308 000
Unpaid Taxes	88 000	45 000	63 000	0
Dividends	0	0	0	0
Other Current Debt	2 000	2 000	6 000	572 000
Total Current Debt	505 000	171 000	390 000	1 191 000
Total Equity and Debt	9 801 000	6 547 000	4 662 000	4 664 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,3 %	33,23 %	18,34 %	36,42 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	35,14 %	19,2 %	11,74 %	25,8 %
Current Ratio	15,79	29,23	7,7	2,78
Quick Ratio	15,79	29,23	7,7	2,78
Equity Ratio	0,95	0,97	0,91	0,74
Gross Profit Margin	100 %	100 %	100 %	83,42 %