MORSTAD OG GRØNLI AS

2740 ROA

Finances

Share Ownership

Return on Equity

−11,62 %

Current Ratio

1,49

Debt-to-Equity Ratio

1,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 096 000	7 493 000	5 182 000	5 472 000
Net Income	−131 000	948 000	26 000	−109 000
Total Assets	3 149 000	2 958 000	1 492 000	1 443 000
Total Equity	1 127 000	1 258 000	310 000	284 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 096 000	7 493 000	5 182 000	5 472 000
Expenditure	6 218 000	6 246 000	5 110 000	5 589 000
Operating Profit	−123 000	1 247 000	73 000	−116 000
Financial Income	1 000	18 000	1 000	0
Financial Costs	45 000	46 000	37 000	17 000
Financial Balance	−44 000	−28 000	−36 000	−17 000
Earnings Before Tax	−167 000	1 218 000	36 000	−133 000
Tax	−36 000	271 000	9 000	−25 000
Net Income	−131 000	948 000	26 000	−109 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 871 000	533 000	28 000	37 000
Total Current Assets	1 278 000	2 425 000	1 465 000	1 406 000
Total Assets	3 149 000	2 958 000	1 492 000	1 443 000
Total Retained Equity	907 000	1 038 000	90 000	64 000
Total Equity	1 127 000	1 258 000	310 000	284 000
Total Long-Term Debt	1 166 000	942 000	216 000	245 000
Total Current Debt	856 000	757 000	966 000	914 000
Total Equity and Debt	3 149 000	2 958 000	1 492 000	1 443 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 096 000	5 744 000	5 125 000	5 276 000
Other Income	0	1 749 000	57 000	196 000
Revenue	6 096 000	7 493 000	5 182 000	5 472 000
Cost of Goods Sold	101 000	114 000	112 000	329 000
Salary Costs	1 958 000	2 042 000	1 642 000	1 586 000
Depreciation	129 000	79 000	9 000	7 000
Impairment	0	0	0	0
Expenditure	6 218 000	6 246 000	5 110 000	5 589 000
Operating Profit	−123 000	1 247 000	73 000	−116 000
Financial Income	1 000	18 000	1 000	0
Financial Costs	45 000	46 000	37 000	17 000
Financial Balance	−44 000	−28 000	−36 000	−17 000
Dividends	0	0	0	0
Net Income	−131 000	948 000	26 000	−109 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	809 000	533 000	28 000	37 000
Total Tangible Assets	809 000	533 000	28 000	37 000
Total Fiancial Fixed Assets	1 062 000	0	0	0
Total Fixed Assets	1 871 000	533 000	28 000	37 000
Stock	172 000	119 000	105 000	88 000
Total Investments	0	0	0	0
Cash, Bank	351 000	74 000	82 000	77 000
Total Current Assets	1 278 000	2 425 000	1 465 000	1 406 000
Total Assets	3 149 000	2 958 000	1 492 000	1 443 000
Total Equity	1 127 000	1 258 000	310 000	284 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 166 000	942 000	216 000	245 000
Creditors	550 000	311 000	313 000	359 000
Unpaid Taxes	92 000	167 000	188 000	234 000
Dividends	0	0	0	0
Other Current Debt	155 000	205 000	156 000	146 000
Total Current Debt	856 000	757 000	966 000	914 000
Total Equity and Debt	3 149 000	2 958 000	1 492 000	1 443 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,62 %	75,36 %	8,39 %	−38,38 %
Debt-to-Equity Ratio	1,03	0,75	0,7	0,86
Operating Profit Margin	−2,02 %	16,64 %	1,41 %	−2,12 %
Current Ratio	1,49	3,2	1,52	1,54
Quick Ratio	1,87	3,8	1,7	1,7
Equity Ratio	0,36	0,43	0,21	0,2
Gross Profit Margin	98,34 %	98,48 %	97,84 %	93,99 %