MORAD SKANDINAVIA AS

6517 KRISTIANSUND N

Finances

Share Ownership

Return on Equity

91,96 %

Current Ratio

1,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 601 000	7 399 000	4 188 000	13 545 000
Net Income	1 178 000	649 000	−417 000	186 000
Total Assets	2 642 000	2 720 000	996 000	2 405 000
Total Equity	1 281 000	678 000	29 000	446 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 601 000	7 399 000	4 188 000	13 545 000
Expenditure	10 854 000	6 541 000	4 649 000	13 140 000
Operating Profit	1 747 000	857 000	−462 000	406 000
Financial Income	85 000	78 000	28 000	25 000
Financial Costs	322 000	103 000	86 000	193 000
Financial Balance	−237 000	−25 000	−58 000	−168 000
Earnings Before Tax	1 510 000	832 000	−519 000	238 000
Tax	332 000	183 000	−102 000	52 000
Net Income	1 178 000	649 000	−417 000	186 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 000	27 000	208 000	105 000
Total Current Assets	2 640 000	2 692 000	788 000	2 300 000
Total Assets	2 642 000	2 720 000	996 000	2 405 000
Total Retained Equity	1 257 000	654 000	4 000	421 000
Total Equity	1 281 000	678 000	29 000	446 000
Total Long-Term Debt	0	0	0	25 000
Total Current Debt	1 361 000	2 042 000	967 000	1 934 000
Total Equity and Debt	2 642 000	2 720 000	996 000	2 405 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 601 000	7 399 000	4 188 000	13 545 000
Other Income	0	0	0	0
Revenue	12 601 000	7 399 000	4 188 000	13 545 000
Cost of Goods Sold	10 669 000	6 307 000	4 502 000	12 153 000
Salary Costs	0	0	0	452 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	10 854 000	6 541 000	4 649 000	13 140 000
Operating Profit	1 747 000	857 000	−462 000	406 000
Financial Income	85 000	78 000	28 000	25 000
Financial Costs	322 000	103 000	86 000	193 000
Financial Balance	−237 000	−25 000	−58 000	−168 000
Dividends	575 000	0	0	0
Net Income	1 178 000	649 000	−417 000	186 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	27 000	208 000	105 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 000	27 000	208 000	105 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	18 000	19 000	20 000	5 000
Total Current Assets	2 640 000	2 692 000	788 000	2 300 000
Total Assets	2 642 000	2 720 000	996 000	2 405 000
Total Equity	1 281 000	678 000	29 000	446 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	25 000
Creditors	23 000	919 000	539 000	999 000
Unpaid Taxes	0	0	0	0
Dividends	575 000	0	0	0
Other Current Debt	92 000	632 000	241 000	513 000
Total Current Debt	1 361 000	2 042 000	967 000	1 934 000
Total Equity and Debt	2 642 000	2 720 000	996 000	2 405 000

Financial indicators	2022	2021	2020	2019
Return on Equity	91,96 %	95,72 %	−1 437,93 %	41,7 %
Debt-to-Equity Ratio	0	0	0	0,06
Operating Profit Margin	13,86 %	11,58 %	−11,03 %	3 %
Current Ratio	1,94	1,32	0,81	1,19
Quick Ratio	1,94	1,32	0,81	1,19
Equity Ratio	0,48	0,25	0,03	0,19
Gross Profit Margin	15,33 %	14,76 %	−7,5 %	10,28 %