MØRING AS

6200 STRANDA

Finances

Return on Equity

−278,07 %

Current Ratio

307,31

Debt-to-Equity Ratio

4,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	1 232 000	120 000	201 000
Net Income	−18 447 000	25 526 000	−4 347 000	26 025 000
Total Assets	39 634 000	52 000 000	75 910 000	64 941 000
Total Equity	6 634 000	22 081 000	45 605 000	49 952 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	1 232 000	120 000	201 000
Expenditure	156 000	214 000	231 000	186 000
Operating Profit	−156 000	1 018 000	−152 000	15 000
Financial Income	17 000	24 858 000	734 000	26 149 000
Financial Costs	18 308 000	350 000	4 929 000	139 000
Financial Balance	−18 291 000	24 508 000	−4 195 000	26 010 000
Earnings Before Tax	−18 447 000	25 526 000	−4 347 000	26 025 000
Tax	0	0	0	0
Net Income	−18 447 000	25 526 000	−4 347 000	26 025 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 820 000	8 420 000	11 105 000	7 802 000
Total Current Assets	25 814 000	43 581 000	64 805 000	57 139 000
Total Assets	39 634 000	52 000 000	75 910 000	64 941 000
Total Retained Equity	1 634 000	20 081 000	43 605 000	47 952 000
Total Equity	6 634 000	22 081 000	45 605 000	49 952 000
Total Long-Term Debt	32 915 000	29 815 000	30 248 000	14 957 000
Total Current Debt	84 000	104 000	56 000	32 000
Total Equity and Debt	39 634 000	52 000 000	75 910 000	64 941 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	1 232 000	120 000	201 000
Revenue	0	1 232 000	120 000	201 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	16 000	97 000	97 000
Impairment	0	0	0	0
Expenditure	156 000	214 000	231 000	186 000
Operating Profit	−156 000	1 018 000	−152 000	15 000
Financial Income	17 000	24 858 000	734 000	26 149 000
Financial Costs	18 308 000	350 000	4 929 000	139 000
Financial Balance	−18 291 000	24 508 000	−4 195 000	26 010 000
Dividends	0	0	0	0
Net Income	−18 447 000	25 526 000	−4 347 000	26 025 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	3 362 000	3 434 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	23 000	49 000
Total Tangible Assets	0	0	3 385 000	3 482 000
Total Fiancial Fixed Assets	13 820 000	8 420 000	7 720 000	4 320 000
Total Fixed Assets	13 820 000	8 420 000	11 105 000	7 802 000
Stock	0	0	0	0
Total Investments	25 569 000	43 401 000	63 035 000	56 918 000
Cash, Bank	222 000	163 000	1 762 000	171 000
Total Current Assets	25 814 000	43 581 000	64 805 000	57 139 000
Total Assets	39 634 000	52 000 000	75 910 000	64 941 000
Total Equity	6 634 000	22 081 000	45 605 000	49 952 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	32 915 000	29 815 000	30 248 000	14 957 000
Creditors	1 000	1 000	2 000	8 000
Unpaid Taxes	0	33 000	0	8 000
Dividends	0	0	0	0
Other Current Debt	84 000	70 000	54 000	17 000
Total Current Debt	84 000	104 000	56 000	32 000
Total Equity and Debt	39 634 000	52 000 000	75 910 000	64 941 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−278,07 %	115,6 %	−9,53 %	52,1 %
Debt-to-Equity Ratio	4,96	1,35	0,66	0,3
Operating Profit Margin	-	82,63 %	−126,67 %	7,46 %
Current Ratio	307,31	419,05	1 157,23	1 785,59
Quick Ratio	307,31	419,05	1 157,23	1 785,59
Equity Ratio	0,17	0,42	0,6	0,77
Gross Profit Margin	-	100 %	100 %	100 %