MORVIK EIENDOMSERVICE AS

5108 HORDVIK

Finances

Share Ownership

Return on Equity

300 %

Current Ratio

0,93

Debt-to-Equity Ratio

−2,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 417 000	2 006 000	1 489 000	1 195 000
Net Income	−171 000	157 000	−33 000	−33 000
Total Assets	297 000	603 000	492 000	395 000
Total Equity	−57 000	114 000	−43 000	−10 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 417 000	2 006 000	1 489 000	1 195 000
Expenditure	1 625 000	1 782 000	1 497 000	1 221 000
Operating Profit	−208 000	223 000	−8 000	−27 000
Financial Income	0	1 000	0	0
Financial Costs	11 000	22 000	35 000	15 000
Financial Balance	−11 000	−21 000	−35 000	−15 000
Earnings Before Tax	−219 000	201 000	−43 000	−42 000
Tax	−48 000	44 000	−9 000	−9 000
Net Income	−171 000	157 000	−33 000	−33 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	84 000	114 000	200 000	269 000
Total Current Assets	213 000	489 000	292 000	126 000
Total Assets	297 000	603 000	492 000	395 000
Total Retained Equity	−87 000	84 000	−73 000	−40 000
Total Equity	−57 000	114 000	−43 000	−10 000
Total Long-Term Debt	126 000	162 000	198 000	232 000
Total Current Debt	229 000	327 000	338 000	174 000
Total Equity and Debt	297 000	603 000	492 000	395 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 415 000	2 006 000	1 489 000	1 195 000
Other Income	2 000	0	0	0
Revenue	1 417 000	2 006 000	1 489 000	1 195 000
Cost of Goods Sold	169 000	178 000	133 000	130 000
Salary Costs	1 078 000	1 219 000	991 000	725 000
Depreciation	78 000	78 000	78 000	78 000
Impairment	0	0	0	0
Expenditure	1 625 000	1 782 000	1 497 000	1 221 000
Operating Profit	−208 000	223 000	−8 000	−27 000
Financial Income	0	1 000	0	0
Financial Costs	11 000	22 000	35 000	15 000
Financial Balance	−11 000	−21 000	−35 000	−15 000
Dividends	0	0	0	0
Net Income	−171 000	157 000	−33 000	−33 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	59 000	11 000	18 000	9 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	25 000	103 000	182 000	260 000
Total Tangible Assets	25 000	103 000	182 000	260 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	84 000	114 000	200 000	269 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	82 000	365 000	233 000	105 000
Total Current Assets	213 000	489 000	292 000	126 000
Total Assets	297 000	603 000	492 000	395 000
Total Equity	−57 000	114 000	−43 000	−10 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	126 000	162 000	198 000	232 000
Creditors	18 000	5 000	12 000	3 000
Unpaid Taxes	64 000	125 000	145 000	78 000
Dividends	0	0	0	0
Other Current Debt	147 000	159 000	180 000	92 000
Total Current Debt	229 000	327 000	338 000	174 000
Total Equity and Debt	297 000	603 000	492 000	395 000

Financial indicators	2022	2021	2020	2019
Return on Equity	300 %	137,72 %	76,74 %	330 %
Debt-to-Equity Ratio	−2,21	1,42	−4,6	−23,2
Operating Profit Margin	−14,68 %	11,12 %	−0,54 %	−2,26 %
Current Ratio	0,93	1,5	0,86	0,72
Quick Ratio	0,93	1,5	0,86	0,72
Equity Ratio	−0,19	0,19	−0,09	−0,03
Gross Profit Margin	88,07 %	91,13 %	91,07 %	89,12 %