MORKEN UTLEIE AS

2634 FÅVANG

Finances

Share Ownership

Return on Equity

29,19 %

Current Ratio

0,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	617 000	583 000	265 000	324 000
Net Income	355 000	322 000	78 000	180 000
Total Assets	2 537 000	2 142 000	2 124 000	1 689 000
Total Equity	1 216 000	861 000	539 000	460 000

Income (NOK)	2022	2021	2020	2019
Revenue	617 000	583 000	265 000	324 000
Expenditure	160 000	170 000	165 000	97 000
Operating Profit	456 000	413 000	101 000	227 000
Financial Income	2 000	2 000	1 000	0
Financial Costs	0	0	0	0
Financial Balance	2 000	2 000	1 000	0
Earnings Before Tax	458 000	415 000	102 000	227 000
Tax	103 000	93 000	24 000	47 000
Net Income	355 000	322 000	78 000	180 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 006 000	1 779 000	1 741 000	1 281 000
Total Current Assets	531 000	363 000	383 000	408 000
Total Assets	2 537 000	2 142 000	2 124 000	1 689 000
Total Retained Equity	936 000	581 000	259 000	180 000
Total Equity	1 216 000	861 000	539 000	460 000
Total Long-Term Debt	0	861 000	943 000	0
Total Current Debt	1 321 000	420 000	643 000	1 228 000
Total Equity and Debt	2 537 000	2 142 000	2 124 000	1 689 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	1 000	3 000	52 000
Other Income	617 000	582 000	262 000	272 000
Revenue	617 000	583 000	265 000	324 000
Cost of Goods Sold	0	1 000	3 000	2 000
Salary Costs	0	0	0	0
Depreciation	54 000	52 000	45 000	45 000
Impairment	0	0	0	0
Expenditure	160 000	170 000	165 000	97 000
Operating Profit	456 000	413 000	101 000	227 000
Financial Income	2 000	2 000	1 000	0
Financial Costs	0	0	0	0
Financial Balance	2 000	2 000	1 000	0
Dividends	0	0	0	0
Net Income	355 000	322 000	78 000	180 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 979 000	1 749 000	1 741 000	1 281 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	27 000	30 000	0	0
Total Tangible Assets	2 006 000	1 779 000	1 741 000	1 281 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 006 000	1 779 000	1 741 000	1 281 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	463 000	302 000	277 000	397 000
Total Current Assets	531 000	363 000	383 000	408 000
Total Assets	2 537 000	2 142 000	2 124 000	1 689 000
Total Equity	1 216 000	861 000	539 000	460 000
Short-Term Group Debt	0	302 000	0	0
Total Long-Term Debt	0	861 000	943 000	0
Creditors	5 000	22 000	331 000	6 000
Unpaid Taxes	67 000	3 000	0	20 000
Dividends	0	0	0	0
Other Current Debt	1 146 000	0	288 000	1 156 000
Total Current Debt	1 321 000	420 000	643 000	1 228 000
Total Equity and Debt	2 537 000	2 142 000	2 124 000	1 689 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,19 %	37,4 %	14,47 %	39,13 %
Debt-to-Equity Ratio	0	1	1,75	0
Operating Profit Margin	73,91 %	70,84 %	38,11 %	70,06 %
Current Ratio	0,4	0,86	0,6	0,33
Quick Ratio	0,4	0,86	0,6	0,33
Equity Ratio	0,48	0,4	0,25	0,27
Gross Profit Margin	100 %	99,83 %	98,87 %	99,38 %