MORGAN GRUPPEN AS

3750 DRANGEDAL

Finances

Return on Equity

25,58 %

Current Ratio

1,4

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	210 337 000	140 795 000	129 735 000	181 187 000
Net Income	9 468 000	5 688 000	3 972 000	5 563 000
Total Assets	112 297 000	80 284 000	50 026 000	112 104 000
Total Equity	37 019 000	27 213 000	21 525 000	17 552 000

Income (NOK)	2022	2021	2020	2019
Revenue	210 337 000	140 795 000	129 735 000	181 187 000
Expenditure	197 604 000	133 648 000	124 486 000	174 110 000
Operating Profit	12 732 000	7 146 000	5 249 000	7 077 000
Financial Income	103 000	248 000	215 000	250 000
Financial Costs	806 000	98 000	232 000	174 000
Financial Balance	−703 000	150 000	−17 000	76 000
Earnings Before Tax	12 030 000	7 296 000	5 233 000	7 153 000
Tax	2 561 000	1 608 000	1 261 000	1 590 000
Net Income	9 468 000	5 688 000	3 972 000	5 563 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 703 000	7 223 000	6 494 000	5 228 000
Total Current Assets	98 594 000	73 061 000	43 532 000	106 876 000
Total Assets	112 297 000	80 284 000	50 026 000	112 104 000
Total Retained Equity	36 045 000	26 240 000	20 551 000	16 579 000
Total Equity	37 019 000	27 213 000	21 525 000	17 552 000
Total Long-Term Debt	4 854 000	8 825 000	9 402 000	19 668 000
Total Current Debt	70 424 000	44 246 000	19 100 000	74 883 000
Total Equity and Debt	112 297 000	80 284 000	50 026 000	112 104 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	210 337 000	140 795 000	129 735 000	181 187 000
Other Income	0	0	0	0
Revenue	210 337 000	140 795 000	129 735 000	181 187 000
Cost of Goods Sold	160 553 000	106 611 000	104 275 000	153 735 000
Salary Costs	27 631 000	22 460 000	17 319 000	16 870 000
Depreciation	912 000	678 000	524 000	319 000
Impairment	0	0	0	0
Expenditure	197 604 000	133 648 000	124 486 000	174 110 000
Operating Profit	12 732 000	7 146 000	5 249 000	7 077 000
Financial Income	103 000	248 000	215 000	250 000
Financial Costs	806 000	98 000	232 000	174 000
Financial Balance	−703 000	150 000	−17 000	76 000
Dividends	0	0	0	0
Net Income	9 468 000	5 688 000	3 972 000	5 563 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	121 000	0	0	0
Real Eastate	3 434 000	3 579 000	4 032 000	4 201 000
Machinery and Plant Facilities	0	341 000	178 000	234 000
Fixtures	3 345 000	1 725 000	939 000	748 000
Total Tangible Assets	6 779 000	5 645 000	5 149 000	5 183 000
Total Fiancial Fixed Assets	6 803 000	1 578 000	1 345 000	45 000
Total Fixed Assets	13 703 000	7 223 000	6 494 000	5 228 000
Stock	19 666 000	13 269 000	10 125 000	4 517 000
Total Investments	1 463 000	3 685 000	0	0
Cash, Bank	48 835 000	42 972 000	17 760 000	32 794 000
Total Current Assets	98 594 000	73 061 000	43 532 000	106 876 000
Total Assets	112 297 000	80 284 000	50 026 000	112 104 000
Total Equity	37 019 000	27 213 000	21 525 000	17 552 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 854 000	8 825 000	9 402 000	19 668 000
Creditors	26 295 000	26 324 000	8 327 000	24 526 000
Unpaid Taxes	3 058 000	2 974 000	3 775 000	5 759 000
Dividends	0	0	0	0
Other Current Debt	26 161 000	9 913 000	6 939 000	10 177 000
Total Current Debt	70 424 000	44 246 000	19 100 000	74 883 000
Total Equity and Debt	112 297 000	80 284 000	50 026 000	112 104 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,58 %	20,9 %	18,45 %	31,69 %
Debt-to-Equity Ratio	0,13	0,32	0,44	1,12
Operating Profit Margin	6,05 %	5,08 %	4,05 %	3,91 %
Current Ratio	1,4	1,65	2,28	1,43
Quick Ratio	1,94	2,36	4,85	1,52
Equity Ratio	0,33	0,34	0,43	0,16
Gross Profit Margin	23,67 %	24,28 %	19,62 %	15,15 %