MORKEN EIENDOMSUTVIKLING AS

7353 BØRSA

Finances

Share Ownership

Return on Equity

18,15 %

Current Ratio

2,18

Debt-to-Equity Ratio

1,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	224 000	181 000	57 000	53 000
Net Income	49 000	65 000	−8 000	13 000
Total Assets	617 000	304 000	260 000	268 000
Total Equity	270 000	221 000	156 000	164 000

Income (NOK)	2022	2021	2020	2019
Revenue	224 000	181 000	57 000	53 000
Expenditure	142 000	94 000	63 000	23 000
Operating Profit	81 000	87 000	−6 000	31 000
Financial Income	0	0	0	0
Financial Costs	19 000	3 000	4 000	13 000
Financial Balance	−19 000	−3 000	−4 000	−13 000
Earnings Before Tax	63 000	84 000	−10 000	17 000
Tax	14 000	18 000	−2 000	4 000
Net Income	49 000	65 000	−8 000	13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	474 000	192 000	229 000	231 000
Total Current Assets	144 000	112 000	31 000	37 000
Total Assets	617 000	304 000	260 000	268 000
Total Retained Equity	120 000	71 000	6 000	14 000
Total Equity	270 000	221 000	156 000	164 000
Total Long-Term Debt	281 000	42 000	56 000	73 000
Total Current Debt	66 000	41 000	48 000	31 000
Total Equity and Debt	617 000	304 000	260 000	268 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	100 000	181 000	57 000	50 000
Other Income	124 000	0	0	3 000
Revenue	224 000	181 000	57 000	53 000
Cost of Goods Sold	0	34 000	0	0
Salary Costs	0	0	0	0
Depreciation	70 000	41 000	40 000	8 000
Impairment	0	0	0	0
Expenditure	142 000	94 000	63 000	23 000
Operating Profit	81 000	87 000	−6 000	31 000
Financial Income	0	0	0	0
Financial Costs	19 000	3 000	4 000	13 000
Financial Balance	−19 000	−3 000	−4 000	−13 000
Dividends	0	0	0	0
Net Income	49 000	65 000	−8 000	13 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	5 000	0	0
Real Eastate	131 000	151 000	171 000	190 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	341 000	37 000	59 000	41 000
Total Tangible Assets	473 000	188 000	229 000	231 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	474 000	192 000	229 000	231 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	66 000	92 000	14 000	37 000
Total Current Assets	144 000	112 000	31 000	37 000
Total Assets	617 000	304 000	260 000	268 000
Total Equity	270 000	221 000	156 000	164 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	281 000	42 000	56 000	73 000
Creditors	14 000	2 000	18 000	3 000
Unpaid Taxes	24 000	7 000	2 000	1 000
Dividends	0	0	0	0
Other Current Debt	17 000	8 000	27 000	27 000
Total Current Debt	66 000	41 000	48 000	31 000
Total Equity and Debt	617 000	304 000	260 000	268 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,15 %	29,41 %	−5,13 %	7,93 %
Debt-to-Equity Ratio	1,04	0,19	0,36	0,45
Operating Profit Margin	36,16 %	48,07 %	−10,53 %	58,49 %
Current Ratio	2,18	2,73	0,65	1,19
Quick Ratio	2,18	2,73	0,65	1,19
Equity Ratio	0,44	0,73	0,6	0,61
Gross Profit Margin	100 %	81,22 %	100 %	100 %