MØRLAND MASKIN AS

3766 SANNIDAL

Finances

Share Ownership

Return on Equity

−53,31 %

Current Ratio

Debt-to-Equity Ratio

3,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	342 000	987 000	355 000	104 000
Net Income	−153 000	151 000	216 000	−7 000
Total Assets	1 208 000	853 000	1 023 000	87 000
Total Equity	287 000	439 000	289 000	72 000

Income (NOK)	2022	2021	2020	2019
Revenue	342 000	987 000	355 000	104 000
Expenditure	501 000	779 000	75 000	110 000
Operating Profit	−159 000	209 000	281 000	−6 000
Financial Income	0	0	0	0
Financial Costs	37 000	16 000	3 000	2 000
Financial Balance	−37 000	−16 000	−3 000	−2 000
Earnings Before Tax	−196 000	193 000	277 000	−8 000
Tax	−43 000	42 000	61 000	−2 000
Net Income	−153 000	151 000	216 000	−7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	934 000	635 000	720 000	40 000
Total Current Assets	275 000	218 000	303 000	47 000
Total Assets	1 208 000	853 000	1 023 000	87 000
Total Retained Equity	87 000	239 000	89 000	−128 000
Total Equity	287 000	439 000	289 000	72 000
Total Long-Term Debt	897 000	411 000	714 000	0
Total Current Debt	25 000	2 000	21 000	14 000
Total Equity and Debt	1 208 000	853 000	1 023 000	87 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	342 000	572 000	355 000	104 000
Other Income	0	415 000	0	0
Revenue	342 000	987 000	355 000	104 000
Cost of Goods Sold	75 000	415 000	32 000	0
Salary Costs	0	0	0	0
Depreciation	272 000	153 000	4 000	74 000
Impairment	0	0	0	0
Expenditure	501 000	779 000	75 000	110 000
Operating Profit	−159 000	209 000	281 000	−6 000
Financial Income	0	0	0	0
Financial Costs	37 000	16 000	3 000	2 000
Financial Balance	−37 000	−16 000	−3 000	−2 000
Dividends	0	0	0	0
Net Income	−153 000	151 000	216 000	−7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	36 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	934 000	635 000	720 000	4 000
Fixtures	0	0	0	0
Total Tangible Assets	934 000	635 000	720 000	4 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	934 000	635 000	720 000	40 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	261 000	52 000	140 000	4 000
Total Current Assets	275 000	218 000	303 000	47 000
Total Assets	1 208 000	853 000	1 023 000	87 000
Total Equity	287 000	439 000	289 000	72 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	897 000	411 000	714 000	0
Creditors	0	0	6 000	0
Unpaid Taxes	21 000	0	0	14 000
Dividends	0	0	0	0
Other Current Debt	4 000	2 000	3 000	0
Total Current Debt	25 000	2 000	21 000	14 000
Total Equity and Debt	1 208 000	853 000	1 023 000	87 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−53,31 %	34,4 %	74,74 %	−9,72 %
Debt-to-Equity Ratio	3,13	0,94	2,47	0
Operating Profit Margin	−46,49 %	21,18 %	79,15 %	−5,77 %
Current Ratio	11	109	14,43	3,36
Quick Ratio	11	109	14,43	3,36
Equity Ratio	0,24	0,51	0,28	0,83
Gross Profit Margin	78,07 %	57,95 %	90,99 %	100 %