MORTEN WARDENÆR ØIEN TRANSPORT AS

1860 TRØGSTAD

Finances

Share Ownership

Return on Equity

−22,37 %

Current Ratio

1,66

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 609 000	1 851 000	1 348 000	1 317 000
Net Income	−155 000	344 000	114 000	135 000
Total Assets	1 256 000	1 502 000	1 215 000	553 000
Total Equity	693 000	848 000	504 000	390 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 609 000	1 851 000	1 348 000	1 317 000
Expenditure	1 806 000	1 406 000	1 199 000	1 184 000
Operating Profit	−197 000	445 000	150 000	133 000
Financial Income	0	0	0	0
Financial Costs	2 000	4 000	4 000	2 000
Financial Balance	−2 000	−4 000	−4 000	−2 000
Earnings Before Tax	−199 000	441 000	146 000	131 000
Tax	−44 000	97 000	32 000	−4 000
Net Income	−155 000	344 000	114 000	135 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	323 000	407 000	527 000	31 000
Total Current Assets	933 000	1 095 000	688 000	522 000
Total Assets	1 256 000	1 502 000	1 215 000	553 000
Total Retained Equity	663 000	818 000	474 000	360 000
Total Equity	693 000	848 000	504 000	390 000
Total Long-Term Debt	0	7 000	9 000	0
Total Current Debt	563 000	646 000	702 000	163 000
Total Equity and Debt	1 256 000	1 502 000	1 215 000	553 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 609 000	1 851 000	1 348 000	1 317 000
Other Income	0	0	0	0
Revenue	1 609 000	1 851 000	1 348 000	1 317 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 157 000	703 000	666 000	683 000
Depreciation	120 000	120 000	87 000	40 000
Impairment	0	0	0	0
Expenditure	1 806 000	1 406 000	1 199 000	1 184 000
Operating Profit	−197 000	445 000	150 000	133 000
Financial Income	0	0	0	0
Financial Costs	2 000	4 000	4 000	2 000
Financial Balance	−2 000	−4 000	−4 000	−2 000
Dividends	0	0	0	0
Net Income	−155 000	344 000	114 000	135 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	36 000	0	0	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	287 000	407 000	527 000	27 000
Total Tangible Assets	287 000	407 000	527 000	27 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	323 000	407 000	527 000	31 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	679 000	805 000	413 000	340 000
Total Current Assets	933 000	1 095 000	688 000	522 000
Total Assets	1 256 000	1 502 000	1 215 000	553 000
Total Equity	693 000	848 000	504 000	390 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	7 000	9 000	0
Creditors	100 000	114 000	121 000	17 000
Unpaid Taxes	342 000	96 000	87 000	57 000
Dividends	0	0	0	0
Other Current Debt	121 000	337 000	475 000	89 000
Total Current Debt	563 000	646 000	702 000	163 000
Total Equity and Debt	1 256 000	1 502 000	1 215 000	553 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−22,37 %	40,57 %	22,62 %	34,62 %
Debt-to-Equity Ratio	0	0,01	0,02	0
Operating Profit Margin	−12,24 %	24,04 %	11,13 %	10,1 %
Current Ratio	1,66	1,7	0,98	3,2
Quick Ratio	1,66	1,7	0,98	3,2
Equity Ratio	0,55	0,56	0,41	0,71
Gross Profit Margin	100 %	100 %	100 %	100 %