MØRCH FYSIKALSKE AS

4514 MANDAL

Finances

Return on Equity

3,48 %

Current Ratio

1,32

Debt-to-Equity Ratio

1,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 789 000	2 988 000	2 841 000	2 948 000
Net Income	126 000	−253 000	640 000	211 000
Total Assets	10 856 000	11 243 000	10 223 000	7 353 000
Total Equity	3 617 000	3 491 000	4 244 000	3 604 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 789 000	2 988 000	2 841 000	2 948 000
Expenditure	2 352 000	3 038 000	1 870 000	2 541 000
Operating Profit	437 000	−49 000	971 000	407 000
Financial Income	2 000	2 000	1 000	4 000
Financial Costs	314 000	214 000	152 000	140 000
Financial Balance	−312 000	−212 000	−151 000	−136 000
Earnings Before Tax	126 000	−261 000	821 000	270 000
Tax	0	−8 000	181 000	59 000
Net Income	126 000	−253 000	640 000	211 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 109 000	10 224 000	8 467 000	5 175 000
Total Current Assets	747 000	1 018 000	1 755 000	2 178 000
Total Assets	10 856 000	11 243 000	10 223 000	7 353 000
Total Retained Equity	3 587 000	3 461 000	4 214 000	3 574 000
Total Equity	3 617 000	3 491 000	4 244 000	3 604 000
Total Long-Term Debt	6 672 000	7 035 000	5 627 000	3 415 000
Total Current Debt	567 000	717 000	352 000	334 000
Total Equity and Debt	10 856 000	11 243 000	10 223 000	7 353 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 745 000	2 240 000	1 899 000	2 180 000
Other Income	1 044 000	748 000	941 000	767 000
Revenue	2 789 000	2 988 000	2 841 000	2 948 000
Cost of Goods Sold	0	41 000	0	47 000
Salary Costs	1 110 000	881 000	547 000	1 152 000
Depreciation	87 000	112 000	107 000	58 000
Impairment	0	0	0	0
Expenditure	2 352 000	3 038 000	1 870 000	2 541 000
Operating Profit	437 000	−49 000	971 000	407 000
Financial Income	2 000	2 000	1 000	4 000
Financial Costs	314 000	214 000	152 000	140 000
Financial Balance	−312 000	−212 000	−151 000	−136 000
Dividends	0	500 000	0	0
Net Income	126 000	−253 000	640 000	211 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 765 000	9 765 000	7 867 000	4 682 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	111 000	198 000	310 000	390 000
Total Tangible Assets	9 876 000	9 963 000	8 177 000	5 072 000
Total Fiancial Fixed Assets	233 000	262 000	290 000	103 000
Total Fixed Assets	10 109 000	10 224 000	8 467 000	5 175 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	747 000	746 000	1 570 000	1 950 000
Total Current Assets	747 000	1 018 000	1 755 000	2 178 000
Total Assets	10 856 000	11 243 000	10 223 000	7 353 000
Total Equity	3 617 000	3 491 000	4 244 000	3 604 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 672 000	7 035 000	5 627 000	3 415 000
Creditors	48 000	27 000	40 000	64 000
Unpaid Taxes	80 000	94 000	58 000	103 000
Dividends	0	500 000	0	0
Other Current Debt	440 000	96 000	65 000	113 000
Total Current Debt	567 000	717 000	352 000	334 000
Total Equity and Debt	10 856 000	11 243 000	10 223 000	7 353 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,48 %	−7,25 %	15,08 %	5,85 %
Debt-to-Equity Ratio	1,84	2,02	1,33	0,95
Operating Profit Margin	15,67 %	−1,64 %	34,18 %	13,81 %
Current Ratio	1,32	1,42	4,99	6,52
Quick Ratio	1,32	1,42	4,99	6,52
Equity Ratio	0,33	0,31	0,42	0,49
Gross Profit Margin	100 %	98,63 %	100 %	98,41 %