M12 MOR AS

0157 OSLO

Finances

Return on Equity

15,14 %

Current Ratio

1,79

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 463 000	1 591 000	673 000	3 224 000
Net Income	478 000	69 000	−1 096 000	−193 000
Total Assets	6 185 000	3 341 000	3 348 000	8 562 000
Total Equity	3 158 000	2 680 000	2 611 000	3 706 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 463 000	1 591 000	673 000	3 224 000
Expenditure	4 217 000	2 314 000	2 145 000	3 553 000
Operating Profit	−1 755 000	−724 000	−1 473 000	−329 000
Financial Income	2 261 000	794 000	73 000	216 000
Financial Costs	2 000	1 000	36 000	80 000
Financial Balance	2 259 000	793 000	37 000	136 000
Earnings Before Tax	503 000	70 000	−1 436 000	−193 000
Tax	25 000	1 000	−340 000	0
Net Income	478 000	69 000	−1 096 000	−193 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	814 000	182 000	218 000	264 000
Total Current Assets	5 371 000	3 159 000	3 130 000	8 298 000
Total Assets	6 185 000	3 341 000	3 348 000	8 562 000
Total Retained Equity	−741 000	−1 219 000	−1 288 000	−193 000
Total Equity	3 158 000	2 680 000	2 611 000	3 706 000
Total Long-Term Debt	26 000	1 000	0	1 556 000
Total Current Debt	3 001 000	660 000	737 000	3 300 000
Total Equity and Debt	6 185 000	3 341 000	3 348 000	8 562 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	956 000	569 000	530 000	2 148 000
Other Income	1 507 000	1 022 000	143 000	1 076 000
Revenue	2 463 000	1 591 000	673 000	3 224 000
Cost of Goods Sold	0	0	54 000	110 000
Salary Costs	2 712 000	1 465 000	1 274 000	2 399 000
Depreciation	13 000	6 000	6 000	5 000
Impairment	0	0	0	0
Expenditure	4 217 000	2 314 000	2 145 000	3 553 000
Operating Profit	−1 755 000	−724 000	−1 473 000	−329 000
Financial Income	2 261 000	794 000	73 000	216 000
Financial Costs	2 000	1 000	36 000	80 000
Financial Balance	2 259 000	793 000	37 000	136 000
Dividends	0	0	0	0
Net Income	478 000	69 000	−1 096 000	−193 000

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	586 000	14 000	21 000	27 000
Total Tangible Assets	586 000	14 000	21 000	27 000
Total Fiancial Fixed Assets	227 000	167 000	197 000	237 000
Total Fixed Assets	814 000	182 000	218 000	264 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	106 000	93 000	2 437 000	134 000
Total Current Assets	5 371 000	3 159 000	3 130 000	8 298 000
Total Assets	6 185 000	3 341 000	3 348 000	8 562 000
Total Equity	3 158 000	2 680 000	2 611 000	3 706 000
Short-Term Group Debt	45 000	0	0	2 630 000
Total Long-Term Debt	26 000	1 000	0	1 556 000
Creditors	2 191 000	123 000	122 000	54 000
Unpaid Taxes	174 000	181 000	140 000	241 000
Dividends	0	0	0	0
Other Current Debt	591 000	356 000	476 000	375 000
Total Current Debt	3 001 000	660 000	737 000	3 300 000
Total Equity and Debt	6 185 000	3 341 000	3 348 000	8 562 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,14 %	2,57 %	−41,98 %	−5,21 %
Debt-to-Equity Ratio	0,01	0	0	0,42
Operating Profit Margin	−71,25 %	−45,51 %	−218,87 %	−10,2 %
Current Ratio	1,79	4,79	4,25	2,51
Quick Ratio	1,79	4,79	4,25	2,51
Equity Ratio	0,51	0,8	0,78	0,43
Gross Profit Margin	100 %	100 %	91,98 %	96,59 %