Vintage Brown Bear with Cubs Figurine is Royal Design by Mortens Studio
Brown bear with her two cubs playing at her feet.  Solid figurine is hand painted with natural details and shiny glaze.  

Figurine is in very good condition. There is glaze chipping and some crazing.  When I look thru a magnifying glass, I don't see chips other than thru the glaze. 

Measures 4.75" high 3" wide and 4.25" deep.

Royal Design by Mortens Studio label on the bottom.

There is an incised mark on the back bottom which looks like, Mortens Studio.