MORGEDAL DRIFT OG VEDLIKEHALD AS

3848 MORGEDAL

Finances

Share Ownership

Return on Equity

−280,95 %

Current Ratio

1,03

Debt-to-Equity Ratio

−8,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 941 000	2 329 000	1 241 000	2 567 000
Net Income	59 000	73 000	−190 000	−41 000
Total Assets	404 000	754 000	508 000	639 000
Total Equity	−21 000	−80 000	−153 000	37 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 941 000	2 329 000	1 241 000	2 567 000
Expenditure	2 848 000	2 229 000	1 380 000	2 584 000
Operating Profit	94 000	100 000	−140 000	−16 000
Financial Income	0	0	2 000	4 000
Financial Costs	35 000	27 000	52 000	29 000
Financial Balance	−35 000	−27 000	−50 000	−25 000
Earnings Before Tax	59 000	73 000	−190 000	−41 000
Tax	0	0	0	0
Net Income	59 000	73 000	−190 000	−41 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	153 000	314 000	400 000	492 000
Total Current Assets	251 000	440 000	108 000	147 000
Total Assets	404 000	754 000	508 000	639 000
Total Retained Equity	−124 000	−183 000	−256 000	−66 000
Total Equity	−21 000	−80 000	−153 000	37 000
Total Long-Term Debt	183 000	298 000	375 000	379 000
Total Current Debt	243 000	536 000	285 000	223 000
Total Equity and Debt	404 000	754 000	508 000	639 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 576 000	2 301 000	1 238 000	2 564 000
Other Income	365 000	28 000	4 000	3 000
Revenue	2 941 000	2 329 000	1 241 000	2 567 000
Cost of Goods Sold	793 000	670 000	466 000	938 000
Salary Costs	1 598 000	1 027 000	523 000	1 063 000
Depreciation	48 000	86 000	92 000	112 000
Impairment	0	0	0	0
Expenditure	2 848 000	2 229 000	1 380 000	2 584 000
Operating Profit	94 000	100 000	−140 000	−16 000
Financial Income	0	0	2 000	4 000
Financial Costs	35 000	27 000	52 000	29 000
Financial Balance	−35 000	−27 000	−50 000	−25 000
Dividends	0	0	0	0
Net Income	59 000	73 000	−190 000	−41 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	111 000	131 000	151 000
Machinery and Plant Facilities	153 000	201 000	266 000	338 000
Fixtures	0	0	0	0
Total Tangible Assets	153 000	312 000	397 000	489 000
Total Fiancial Fixed Assets	0	2 000	2 000	2 000
Total Fixed Assets	153 000	314 000	400 000	492 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	133 000	278 000	45 000	28 000
Total Current Assets	251 000	440 000	108 000	147 000
Total Assets	404 000	754 000	508 000	639 000
Total Equity	−21 000	−80 000	−153 000	37 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	183 000	298 000	375 000	379 000
Creditors	4 000	98 000	180 000	33 000
Unpaid Taxes	124 000	382 000	55 000	64 000
Dividends	0	0	0	0
Other Current Debt	115 000	56 000	50 000	126 000
Total Current Debt	243 000	536 000	285 000	223 000
Total Equity and Debt	404 000	754 000	508 000	639 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−280,95 %	−91,25 %	124,18 %	−110,81 %
Debt-to-Equity Ratio	−8,71	−3,73	−2,45	10,24
Operating Profit Margin	3,2 %	4,29 %	−11,28 %	−0,62 %
Current Ratio	1,03	0,82	0,38	0,66
Quick Ratio	1,03	0,82	0,38	0,66
Equity Ratio	−0,05	−0,11	−0,3	0,06
Gross Profit Margin	73,04 %	71,23 %	62,45 %	63,46 %