MORGENFUGL AS

4824 BJORBEKK

Finances

Share Ownership

Return on Equity

30,97 %

Current Ratio

2,08

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 114 000	3 627 000	2 367 000	2 421 000
Net Income	503 000	115 000	197 000	−256 000
Total Assets	2 856 000	1 745 000	1 377 000	1 178 000
Total Equity	1 624 000	1 121 000	1 006 000	809 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 114 000	3 627 000	2 367 000	2 421 000
Expenditure	5 458 000	3 496 000	2 170 000	2 672 000
Operating Profit	655 000	131 000	198 000	−252 000
Financial Income	0	0	0	0
Financial Costs	9 000	2 000	1 000	4 000
Financial Balance	−9 000	−2 000	−1 000	−4 000
Earnings Before Tax	646 000	128 000	197 000	−256 000
Tax	143 000	14 000	0	0
Net Income	503 000	115 000	197 000	−256 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	670 000	809 000	488 000	186 000
Total Current Assets	2 186 000	936 000	889 000	992 000
Total Assets	2 856 000	1 745 000	1 377 000	1 178 000
Total Retained Equity	653 000	150 000	35 000	−162 000
Total Equity	1 624 000	1 121 000	1 006 000	809 000
Total Long-Term Debt	183 000	223 000	0	−1 000
Total Current Debt	1 049 000	401 000	371 000	370 000
Total Equity and Debt	2 856 000	1 745 000	1 377 000	1 178 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 915 000	3 612 000	2 339 000	2 421 000
Other Income	199 000	14 000	28 000	0
Revenue	6 114 000	3 627 000	2 367 000	2 421 000
Cost of Goods Sold	1 194 000	849 000	767 000	934 000
Salary Costs	2 439 000	1 719 000	905 000	1 202 000
Depreciation	109 000	69 000	57 000	54 000
Impairment	0	0	0	0
Expenditure	5 458 000	3 496 000	2 170 000	2 672 000
Operating Profit	655 000	131 000	198 000	−252 000
Financial Income	0	0	0	0
Financial Costs	9 000	2 000	1 000	4 000
Financial Balance	−9 000	−2 000	−1 000	−4 000
Dividends	0	0	0	0
Net Income	503 000	115 000	197 000	−256 000

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	290 000	399 000	99 000	156 000
Total Tangible Assets	290 000	399 000	99 000	156 000
Total Fiancial Fixed Assets	380 000	410 000	389 000	30 000
Total Fixed Assets	670 000	809 000	488 000	186 000
Stock	185 000	65 000	48 000	82 000
Total Investments	0	0	0	0
Cash, Bank	1 508 000	546 000	641 000	672 000
Total Current Assets	2 186 000	936 000	889 000	992 000
Total Assets	2 856 000	1 745 000	1 377 000	1 178 000
Total Equity	1 624 000	1 121 000	1 006 000	809 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	183 000	223 000	0	−1 000
Creditors	307 000	63 000	152 000	111 000
Unpaid Taxes	348 000	181 000	154 000	118 000
Dividends	0	0	0	0
Other Current Debt	249 000	153 000	66 000	141 000
Total Current Debt	1 049 000	401 000	371 000	370 000
Total Equity and Debt	2 856 000	1 745 000	1 377 000	1 178 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,97 %	10,26 %	19,58 %	−31,64 %
Debt-to-Equity Ratio	0,11	0,2	0	−0
Operating Profit Margin	10,71 %	3,61 %	8,37 %	−10,41 %
Current Ratio	2,08	2,33	2,4	2,68
Quick Ratio	2,53	2,79	2,75	3,44
Equity Ratio	0,57	0,64	0,73	0,69
Gross Profit Margin	80,47 %	76,59 %	67,6 %	61,42 %