MORGEDAL RØR AS

3840 SELJORD

Finances

Return on Equity

30,13 %

Current Ratio

1,29

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 292 000	25 434 000	20 778 000	22 972 000
Net Income	1 901 000	1 710 000	1 163 000	1 418 000
Total Assets	19 536 000	19 559 000	19 233 000	18 646 000
Total Equity	6 310 000	7 409 000	12 699 000	12 235 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 292 000	25 434 000	20 778 000	22 972 000
Expenditure	22 965 000	23 288 000	19 403 000	21 314 000
Operating Profit	2 327 000	2 146 000	1 375 000	1 658 000
Financial Income	111 000	94 000	132 000	179 000
Financial Costs	1 000	47 000	16 000	20 000
Financial Balance	110 000	47 000	116 000	159 000
Earnings Before Tax	2 437 000	2 193 000	1 490 000	1 816 000
Tax	536 000	482 000	327 000	399 000
Net Income	1 901 000	1 710 000	1 163 000	1 418 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 661 000	1 747 000	1 930 000	1 900 000
Total Current Assets	16 875 000	17 812 000	17 303 000	16 746 000
Total Assets	19 536 000	19 559 000	19 233 000	18 646 000
Total Retained Equity	6 110 000	7 209 000	12 499 000	12 035 000
Total Equity	6 310 000	7 409 000	12 699 000	12 235 000
Total Long-Term Debt	118 000	17 000	50 000	0
Total Current Debt	13 109 000	12 133 000	6 485 000	6 411 000
Total Equity and Debt	19 536 000	19 559 000	19 233 000	18 646 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 845 000	25 367 000	20 586 000	22 972 000
Other Income	447 000	68 000	192 000	0
Revenue	25 292 000	25 434 000	20 778 000	22 972 000
Cost of Goods Sold	13 914 000	14 460 000	11 328 000	13 601 000
Salary Costs	6 489 000	6 435 000	5 834 000	5 537 000
Depreciation	439 000	471 000	466 000	445 000
Impairment	0	0	0	0
Expenditure	22 965 000	23 288 000	19 403 000	21 314 000
Operating Profit	2 327 000	2 146 000	1 375 000	1 658 000
Financial Income	111 000	94 000	132 000	179 000
Financial Costs	1 000	47 000	16 000	20 000
Financial Balance	110 000	47 000	116 000	159 000
Dividends	3 000 000	7 000 000	700 000	0
Net Income	1 901 000	1 710 000	1 163 000	1 418 000

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	2 646 000	1 732 000	1 915 000	1 885 000
Total Tangible Assets	2 646 000	1 732 000	1 915 000	1 885 000
Total Fiancial Fixed Assets	15 000	15 000	15 000	15 000
Total Fixed Assets	2 661 000	1 747 000	1 930 000	1 900 000
Stock	2 665 000	1 783 000	2 044 000	2 300 000
Total Investments	0	0	0	0
Cash, Bank	9 857 000	11 877 000	12 455 000	11 604 000
Total Current Assets	16 875 000	17 812 000	17 303 000	16 746 000
Total Assets	19 536 000	19 559 000	19 233 000	18 646 000
Total Equity	6 310 000	7 409 000	12 699 000	12 235 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	118 000	17 000	50 000	0
Creditors	2 068 000	1 357 000	1 073 000	1 188 000
Unpaid Taxes	517 000	875 000	814 000	982 000
Dividends	3 000 000	7 000 000	700 000	0
Other Current Debt	10 089 000	9 385 000	4 321 000	3 843 000
Total Current Debt	13 109 000	12 133 000	6 485 000	6 411 000
Total Equity and Debt	19 536 000	19 559 000	19 233 000	18 646 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,13 %	23,08 %	9,16 %	11,59 %
Debt-to-Equity Ratio	0,02	0	0	0
Operating Profit Margin	9,2 %	8,44 %	6,62 %	7,22 %
Current Ratio	1,29	1,47	2,67	2,61
Quick Ratio	1,62	1,72	3,9	4,07
Equity Ratio	0,32	0,38	0,66	0,66
Gross Profit Margin	44,99 %	43,15 %	45,48 %	40,79 %