MØRENOT EIENDOM III AS

6010 ÅLESUND

Finances

Share Ownership

Return on Equity

0,55 %

Current Ratio

6,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 404 000	5 470 000	5 400 000	6 478 000
Net Income	190 000	1 768 000	1 835 000	3 045 000
Total Assets	36 492 000	39 238 000	41 685 000	49 343 000
Total Equity	34 686 000	35 607 000	36 472 000	37 272 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 404 000	5 470 000	5 400 000	6 478 000
Expenditure	3 320 000	3 196 000	3 087 000	2 678 000
Operating Profit	84 000	2 274 000	2 313 000	3 800 000
Financial Income	163 000	8 000	42 000	107 000
Financial Costs	2 000	12 000	2 000	3 000
Financial Balance	161 000	−4 000	40 000	104 000
Earnings Before Tax	244 000	2 270 000	2 353 000	3 904 000
Tax	54 000	501 000	518 000	859 000
Net Income	190 000	1 768 000	1 835 000	3 045 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 240 000	27 101 000	29 185 000	31 746 000
Total Current Assets	11 252 000	12 136 000	12 499 000	17 597 000
Total Assets	36 492 000	39 238 000	41 685 000	49 343 000
Total Retained Equity	−2 587 000	−1 665 000	−801 000	0
Total Equity	34 686 000	35 607 000	36 472 000	37 272 000
Total Long-Term Debt	0	0	228 000	454 000
Total Current Debt	1 806 000	3 630 000	4 985 000	11 617 000
Total Equity and Debt	36 492 000	39 238 000	41 685 000	49 343 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 404 000	5 470 000	5 400 000	6 478 000
Revenue	3 404 000	5 470 000	5 400 000	6 478 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	2 604 000	2 571 000	2 561 000	2 505 000
Impairment	0	0	0	0
Expenditure	3 320 000	3 196 000	3 087 000	2 678 000
Operating Profit	84 000	2 274 000	2 313 000	3 800 000
Financial Income	163 000	8 000	42 000	107 000
Financial Costs	2 000	12 000	2 000	3 000
Financial Balance	161 000	−4 000	40 000	104 000
Dividends	0	0	0	0
Net Income	190 000	1 768 000	1 835 000	3 045 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	273 000	13 000	0	0
Real Eastate	24 807 000	26 895 000	28 960 000	31 487 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	159 000	193 000	226 000	259 000
Total Tangible Assets	24 967 000	27 088 000	29 185 000	31 746 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	25 240 000	27 101 000	29 185 000	31 746 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	11 252 000	12 136 000	12 499 000	17 597 000
Total Assets	36 492 000	39 238 000	41 685 000	49 343 000
Total Equity	34 686 000	35 607 000	36 472 000	37 272 000
Short-Term Group Debt	0	3 375 000	3 380 000	11 216 000
Total Long-Term Debt	0	0	228 000	454 000
Creditors	262 000	34 000	318 000	141 000
Unpaid Taxes	119 000	214 000	1 288 000	260 000
Dividends	0	0	0	0
Other Current Debt	0	6 000	0	0
Total Current Debt	1 806 000	3 630 000	4 985 000	11 617 000
Total Equity and Debt	36 492 000	39 238 000	41 685 000	49 343 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,55 %	4,97 %	5,03 %	8,17 %
Debt-to-Equity Ratio	0	0	0,01	0,01
Operating Profit Margin	2,47 %	41,57 %	42,83 %	58,66 %
Current Ratio	6,23	3,34	2,51	1,51
Quick Ratio	6,23	3,34	2,51	1,51
Equity Ratio	0,95	0,91	0,87	0,76
Gross Profit Margin	100 %	100 %	100 %	100 %