MORKEN BETONGVARE AS

2634 FÅVANG

Finances

Share Ownership

Return on Equity

5,61 %

Current Ratio

4,82

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 704 000	13 694 000	15 150 000	11 647 000
Net Income	898 000	2 238 000	3 249 000	1 245 000
Total Assets	19 896 000	18 731 000	17 220 000	12 949 000
Total Equity	16 018 000	15 620 000	13 382 000	10 134 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 704 000	13 694 000	15 150 000	11 647 000
Expenditure	12 395 000	10 847 000	11 038 000	10 087 000
Operating Profit	1 308 000	2 847 000	4 112 000	1 559 000
Financial Income	59 000	39 000	52 000	24 000
Financial Costs	189 000	39 000	22 000	9 000
Financial Balance	−130 000	0	30 000	15 000
Earnings Before Tax	1 178 000	2 847 000	4 143 000	1 575 000
Tax	280 000	609 000	894 000	330 000
Net Income	898 000	2 238 000	3 249 000	1 245 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 082 000	4 929 000	5 283 000	6 924 000
Total Current Assets	12 814 000	13 802 000	11 937 000	6 025 000
Total Assets	19 896 000	18 731 000	17 220 000	12 949 000
Total Retained Equity	15 118 000	14 720 000	11 202 000	7 954 000
Total Equity	16 018 000	15 620 000	13 382 000	10 134 000
Total Long-Term Debt	1 218 000	1 325 000	1 401 000	1 356 000
Total Current Debt	2 660 000	1 786 000	2 437 000	1 460 000
Total Equity and Debt	19 896 000	18 731 000	17 220 000	12 949 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 626 000	13 617 000	15 026 000	11 569 000
Other Income	78 000	78 000	123 000	78 000
Revenue	13 704 000	13 694 000	15 150 000	11 647 000
Cost of Goods Sold	5 602 000	4 386 000	5 085 000	3 935 000
Salary Costs	2 925 000	2 952 000	2 759 000	3 052 000
Depreciation	795 000	796 000	868 000	813 000
Impairment	0	0	0	0
Expenditure	12 395 000	10 847 000	11 038 000	10 087 000
Operating Profit	1 308 000	2 847 000	4 112 000	1 559 000
Financial Income	59 000	39 000	52 000	24 000
Financial Costs	189 000	39 000	22 000	9 000
Financial Balance	−130 000	0	30 000	15 000
Dividends	500 000	0	0	0
Net Income	898 000	2 238 000	3 249 000	1 245 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	348 000	348 000	0	0
Machinery and Plant Facilities	0	0	348 000	348 000
Fixtures	3 895 000	4 570 000	4 924 000	6 565 000
Total Tangible Assets	4 243 000	4 918 000	5 272 000	6 913 000
Total Fiancial Fixed Assets	2 839 000	11 000	11 000	11 000
Total Fixed Assets	7 082 000	4 929 000	5 283 000	6 924 000
Stock	1 136 000	1 246 000	638 000	795 000
Total Investments	0	0	0	0
Cash, Bank	9 914 000	10 926 000	9 203 000	5 018 000
Total Current Assets	12 814 000	13 802 000	11 937 000	6 025 000
Total Assets	19 896 000	18 731 000	17 220 000	12 949 000
Total Equity	16 018 000	15 620 000	13 382 000	10 134 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 218 000	1 325 000	1 401 000	1 356 000
Creditors	1 065 000	657 000	656 000	471 000
Unpaid Taxes	439 000	239 000	557 000	365 000
Dividends	500 000	0	0	0
Other Current Debt	348 000	283 000	337 000	356 000
Total Current Debt	2 660 000	1 786 000	2 437 000	1 460 000
Total Equity and Debt	19 896 000	18 731 000	17 220 000	12 949 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,61 %	14,33 %	24,28 %	12,29 %
Debt-to-Equity Ratio	0,08	0,08	0,1	0,13
Operating Profit Margin	9,54 %	20,79 %	27,14 %	13,39 %
Current Ratio	4,82	7,73	4,9	4,13
Quick Ratio	8,41	25,56	6,64	9,06
Equity Ratio	0,81	0,83	0,78	0,78
Gross Profit Margin	59,12 %	67,97 %	66,44 %	66,21 %