MORTENSEN KYSTFISKE AS

8430 MYRE

Finances

Share Ownership

Return on Equity

19,22 %

Current Ratio

1,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 374 000	1 583 000	2 185 000	1 997 000
Net Income	638 000	−23 000	552 000	531 000
Total Assets	4 992 000	4 737 000	4 852 000	4 375 000
Total Equity	3 320 000	2 682 000	2 705 000	2 152 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 374 000	1 583 000	2 185 000	1 997 000
Expenditure	1 597 000	1 594 000	1 448 000	1 267 000
Operating Profit	776 000	−11 000	738 000	731 000
Financial Income	46 000	18 000	19 000	21 000
Financial Costs	4 000	36 000	48 000	71 000
Financial Balance	42 000	−18 000	−29 000	−50 000
Earnings Before Tax	818 000	−29 000	708 000	681 000
Tax	180 000	−6 000	156 000	150 000
Net Income	638 000	−23 000	552 000	531 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 851 000	3 299 000	3 441 000	3 414 000
Total Current Assets	2 141 000	1 438 000	1 411 000	961 000
Total Assets	4 992 000	4 737 000	4 852 000	4 375 000
Total Retained Equity	3 220 000	2 582 000	2 605 000	2 052 000
Total Equity	3 320 000	2 682 000	2 705 000	2 152 000
Total Long-Term Debt	9 000	1 168 000	1 393 000	1 617 000
Total Current Debt	1 664 000	887 000	754 000	606 000
Total Equity and Debt	4 992 000	4 737 000	4 852 000	4 375 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 774 000	1 561 000	2 185 000	1 997 000
Other Income	−400 000	23 000	0	0
Revenue	2 374 000	1 583 000	2 185 000	1 997 000
Cost of Goods Sold	0	158 000	118 000	47 000
Salary Costs	1 240 000	811 000	809 000	616 000
Depreciation	58 000	151 000	160 000	160 000
Impairment	0	0	0	0
Expenditure	1 597 000	1 594 000	1 448 000	1 267 000
Operating Profit	776 000	−11 000	738 000	731 000
Financial Income	46 000	18 000	19 000	21 000
Financial Costs	4 000	36 000	48 000	71 000
Financial Balance	42 000	−18 000	−29 000	−50 000
Dividends	0	0	0	0
Net Income	638 000	−23 000	552 000	531 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 300 000	2 300 000	2 300 000	2 300 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	21 000	43 000	64 000	85 000
Fixtures	14 000	42 000	88 000	143 000
Total Tangible Assets	35 000	493 000	645 000	805 000
Total Fiancial Fixed Assets	516 000	506 000	496 000	309 000
Total Fixed Assets	2 851 000	3 299 000	3 441 000	3 414 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 841 000	1 434 000	1 407 000	691 000
Total Current Assets	2 141 000	1 438 000	1 411 000	961 000
Total Assets	4 992 000	4 737 000	4 852 000	4 375 000
Total Equity	3 320 000	2 682 000	2 705 000	2 152 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 000	1 168 000	1 393 000	1 617 000
Creditors	53 000	130 000	75 000	113 000
Unpaid Taxes	708 000	345 000	426 000	247 000
Dividends	0	0	0	0
Other Current Debt	709 000	402 000	81 000	84 000
Total Current Debt	1 664 000	887 000	754 000	606 000
Total Equity and Debt	4 992 000	4 737 000	4 852 000	4 375 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,22 %	−0,86 %	20,41 %	24,67 %
Debt-to-Equity Ratio	0	0,44	0,51	0,75
Operating Profit Margin	32,69 %	−0,69 %	33,78 %	36,6 %
Current Ratio	1,29	1,62	1,87	1,59
Quick Ratio	1,29	1,62	1,87	1,59
Equity Ratio	0,67	0,57	0,56	0,49
Gross Profit Margin	100 %	90,02 %	94,6 %	97,65 %