MØRETANK AS

6395 REKDAL

Finances

Share Ownership

Return on Equity

13,03 %

Current Ratio

3,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	110 000	114 000	16 000	154 000
Net Income	49 000	33 000	−256 000	35 000
Total Assets	471 000	473 000	475 000	906 000
Total Equity	376 000	357 000	384 000	730 000

Income (NOK)	2022	2021	2020	2019
Revenue	110 000	114 000	16 000	154 000
Expenditure	62 000	81 000	176 000	111 000
Operating Profit	48 000	33 000	−160 000	43 000
Financial Income	1 000	0	2 000	3 000
Financial Costs	0	0	0	0
Financial Balance	1 000	0	2 000	3 000
Earnings Before Tax	49 000	33 000	−158 000	45 000
Tax	0	0	98 000	10 000
Net Income	49 000	33 000	−256 000	35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	110 000	116 000	130 000	251 000
Total Current Assets	362 000	357 000	345 000	656 000
Total Assets	471 000	473 000	475 000	906 000
Total Retained Equity	76 000	57 000	84 000	430 000
Total Equity	376 000	357 000	384 000	730 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	95 000	116 000	92 000	177 000
Total Equity and Debt	471 000	473 000	475 000	906 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	9 000	107 000
Other Income	110 000	114 000	7 000	47 000
Revenue	110 000	114 000	16 000	154 000
Cost of Goods Sold	4 000	5 000	2 000	0
Salary Costs	0	0	4 000	4 000
Depreciation	6 000	14 000	22 000	22 000
Impairment	0	0	0	0
Expenditure	62 000	81 000	176 000	111 000
Operating Profit	48 000	33 000	−160 000	43 000
Financial Income	1 000	0	2 000	3 000
Financial Costs	0	0	0	0
Financial Balance	1 000	0	2 000	3 000
Dividends	30 000	60 000	90 000	50 000
Net Income	49 000	33 000	−256 000	35 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	98 000
Real Eastate	104 000	110 000	116 000	123 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	8 000	24 000
Total Tangible Assets	104 000	110 000	124 000	147 000
Total Fiancial Fixed Assets	6 000	6 000	6 000	6 000
Total Fixed Assets	110 000	116 000	130 000	251 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	360 000	355 000	302 000	512 000
Total Current Assets	362 000	357 000	345 000	656 000
Total Assets	471 000	473 000	475 000	906 000
Total Equity	376 000	357 000	384 000	730 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	2 000	1 000	40 000
Unpaid Taxes	1 000	1 000	0	1 000
Dividends	30 000	60 000	90 000	50 000
Other Current Debt	62 000	52 000	0	85 000
Total Current Debt	95 000	116 000	92 000	177 000
Total Equity and Debt	471 000	473 000	475 000	906 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,03 %	9,24 %	−66,67 %	4,79 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	43,64 %	28,95 %	−1 000 %	27,92 %
Current Ratio	3,81	3,08	3,75	3,71
Quick Ratio	3,81	3,08	3,75	3,71
Equity Ratio	0,8	0,75	0,81	0,81
Gross Profit Margin	96,36 %	95,61 %	87,5 %	100 %