MØRKEN EIENDOM AS

3175 RAMNES

Finances

Share Ownership

Return on Equity

11,85 %

Current Ratio

3,54

Debt-to-Equity Ratio

13,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 388 000	1 325 000	1 337 000	1 305 000
Net Income	84 000	132 000	130 000	176 000
Total Assets	10 336 000	10 686 000	10 392 000	10 983 000
Total Equity	709 000	625 000	493 000	363 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 388 000	1 325 000	1 337 000	1 305 000
Expenditure	820 000	768 000	739 000	666 000
Operating Profit	568 000	557 000	599 000	639 000
Financial Income	0	0	0	0
Financial Costs	388 000	321 000	369 000	356 000
Financial Balance	−388 000	−321 000	−369 000	−356 000
Earnings Before Tax	180 000	236 000	230 000	283 000
Tax	96 000	104 000	100 000	107 000
Net Income	84 000	132 000	130 000	176 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 560 000	9 690 000	10 068 000	10 555 000
Total Current Assets	776 000	996 000	324 000	428 000
Total Assets	10 336 000	10 686 000	10 392 000	10 983 000
Total Retained Equity	679 000	595 000	463 000	333 000
Total Equity	709 000	625 000	493 000	363 000
Total Long-Term Debt	9 408 000	9 910 000	8 288 000	7 671 000
Total Current Debt	219 000	151 000	1 611 000	2 949 000
Total Equity and Debt	10 336 000	10 686 000	10 392 000	10 983 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	−2 000
Other Income	1 388 000	1 325 000	1 337 000	1 307 000
Revenue	1 388 000	1 325 000	1 337 000	1 305 000
Cost of Goods Sold	0	0	79 000	0
Salary Costs	0	0	0	0
Depreciation	521 000	498 000	487 000	484 000
Impairment	0	0	0	0
Expenditure	820 000	768 000	739 000	666 000
Operating Profit	568 000	557 000	599 000	639 000
Financial Income	0	0	0	0
Financial Costs	388 000	321 000	369 000	356 000
Financial Balance	−388 000	−321 000	−369 000	−356 000
Dividends	0	0	0	0
Net Income	84 000	132 000	130 000	176 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 279 000	9 431 000	9 772 000	10 223 000
Machinery and Plant Facilities	34 000	0	0	0
Fixtures	247 000	259 000	296 000	332 000
Total Tangible Assets	9 560 000	9 690 000	10 068 000	10 555 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 560 000	9 690 000	10 068 000	10 555 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	171 000	412 000	303 000	319 000
Total Current Assets	776 000	996 000	324 000	428 000
Total Assets	10 336 000	10 686 000	10 392 000	10 983 000
Total Equity	709 000	625 000	493 000	363 000
Short-Term Group Debt	0	0	1 375 000	2 419 000
Total Long-Term Debt	9 408 000	9 910 000	8 288 000	7 671 000
Creditors	56 000	19 000	55 000	4 000
Unpaid Taxes	15 000	0	75 000	1 000
Dividends	0	0	0	0
Other Current Debt	53 000	28 000	7 000	417 000
Total Current Debt	219 000	151 000	1 611 000	2 949 000
Total Equity and Debt	10 336 000	10 686 000	10 392 000	10 983 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,85 %	21,12 %	26,37 %	48,48 %
Debt-to-Equity Ratio	13,27	15,86	16,81	21,13
Operating Profit Margin	40,92 %	42,04 %	44,8 %	48,97 %
Current Ratio	3,54	6,6	0,2	0,15
Quick Ratio	3,54	6,6	0,2	0,15
Equity Ratio	0,07	0,06	0,05	0,03
Gross Profit Margin	100 %	100 %	94,09 %	100 %