MORVIK DAGLIGVARER AS

5124 MORVIK

Finances

Share Ownership

Return on Equity

24,71 %

Current Ratio

1,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 532 000	39 217 000	39 258 000	25 377 000
Net Income	194 000	83 000	138 000	240 000
Total Assets	3 947 000	4 395 000	5 495 000	3 664 000
Total Equity	785 000	591 000	408 000	270 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 532 000	39 217 000	39 258 000	25 377 000
Expenditure	34 288 000	39 113 000	39 086 000	25 080 000
Operating Profit	245 000	104 000	172 000	297 000
Financial Income	6 000	3 000	6 000	12 000
Financial Costs	0	0	0	0
Financial Balance	6 000	3 000	6 000	12 000
Earnings Before Tax	251 000	107 000	177 000	308 000
Tax	57 000	24 000	39 000	68 000
Net Income	194 000	83 000	138 000	240 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	43 000	56 000	60 000	73 000
Total Current Assets	3 904 000	4 339 000	5 436 000	3 591 000
Total Assets	3 947 000	4 395 000	5 495 000	3 664 000
Total Retained Equity	655 000	461 000	378 000	240 000
Total Equity	785 000	591 000	408 000	270 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 161 000	3 804 000	5 087 000	3 394 000
Total Equity and Debt	3 947 000	4 395 000	5 495 000	3 664 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 532 000	38 423 000	38 688 000	24 710 000
Other Income	1 000 000	795 000	569 000	666 000
Revenue	34 532 000	39 217 000	39 258 000	25 377 000
Cost of Goods Sold	28 904 000	33 156 000	33 186 000	21 362 000
Salary Costs	2 786 000	2 506 000	2 117 000	1 531 000
Depreciation	12 000	19 000	43 000	29 000
Impairment	0	0	0	0
Expenditure	34 288 000	39 113 000	39 086 000	25 080 000
Operating Profit	245 000	104 000	172 000	297 000
Financial Income	6 000	3 000	6 000	12 000
Financial Costs	0	0	0	0
Financial Balance	6 000	3 000	6 000	12 000
Dividends	0	0	0	0
Net Income	194 000	83 000	138 000	240 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 000	7 000	6 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	37 000	49 000	53 000	73 000
Total Tangible Assets	37 000	49 000	53 000	73 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	43 000	56 000	60 000	73 000
Stock	2 926 000	2 712 000	2 962 000	2 585 000
Total Investments	0	0	0	0
Cash, Bank	529 000	715 000	1 947 000	594 000
Total Current Assets	3 904 000	4 339 000	5 436 000	3 591 000
Total Assets	3 947 000	4 395 000	5 495 000	3 664 000
Total Equity	785 000	591 000	408 000	270 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 191 000	2 878 000	4 335 000	2 571 000
Unpaid Taxes	266 000	261 000	144 000	288 000
Dividends	0	0	0	0
Other Current Debt	650 000	640 000	563 000	467 000
Total Current Debt	3 161 000	3 804 000	5 087 000	3 394 000
Total Equity and Debt	3 947 000	4 395 000	5 495 000	3 664 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,71 %	14,04 %	33,82 %	88,89 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,71 %	0,27 %	0,44 %	1,17 %
Current Ratio	1,24	1,14	1,07	1,06
Quick Ratio	16,61	3,97	2,56	4,44
Equity Ratio	0,2	0,13	0,07	0,07
Gross Profit Margin	16,3 %	15,46 %	15,47 %	15,82 %