MORGEDALSHYTTA AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

−69,32 %

Current Ratio

19,74

Debt-to-Equity Ratio

7,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 300 000	5 206 000	0	13 675 000
Net Income	−610 000	1 155 000	−229 000	688 000
Total Assets	7 790 000	5 602 000	4 266 000	5 930 000
Total Equity	880 000	879 000	−276 000	−47 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 300 000	5 206 000	0	13 675 000
Expenditure	4 747 000	3 719 000	189 000	12 784 000
Operating Profit	−448 000	1 487 000	−189 000	891 000
Financial Income	0	0	1 000	1 000
Financial Costs	162 000	112 000	41 000	204 000
Financial Balance	−162 000	−112 000	−40 000	−203 000
Earnings Before Tax	−609 000	1 375 000	−229 000	688 000
Tax	0	220 000	0	0
Net Income	−610 000	1 155 000	−229 000	688 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 415 000	0	0	296 000
Total Current Assets	6 375 000	5 602 000	4 266 000	5 634 000
Total Assets	7 790 000	5 602 000	4 266 000	5 930 000
Total Retained Equity	170 000	779 000	−376 000	−147 000
Total Equity	880 000	879 000	−276 000	−47 000
Total Long-Term Debt	6 588 000	4 409 000	4 305 000	5 339 000
Total Current Debt	323 000	313 000	236 000	638 000
Total Equity and Debt	7 790 000	5 602 000	4 266 000	5 930 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 300 000	5 206 000	0	13 675 000
Other Income	0	0	0	0
Revenue	4 300 000	5 206 000	0	13 675 000
Cost of Goods Sold	4 536 000	3 068 000	55 000	12 323 000
Salary Costs	0	0	0	0
Depreciation	2 000	0	0	0
Impairment	0	0	0	0
Expenditure	4 747 000	3 719 000	189 000	12 784 000
Operating Profit	−448 000	1 487 000	−189 000	891 000
Financial Income	0	0	1 000	1 000
Financial Costs	162 000	112 000	41 000	204 000
Financial Balance	−162 000	−112 000	−40 000	−203 000
Dividends	0	0	0	0
Net Income	−610 000	1 155 000	−229 000	688 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	16 000	0	0	296 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	16 000	0	0	296 000
Total Fiancial Fixed Assets	1 399 000	0	0	0
Total Fixed Assets	1 415 000	0	0	296 000
Stock	6 354 000	5 223 000	4 163 000	0
Total Investments	0	0	0	0
Cash, Bank	17 000	364 000	98 000	529 000
Total Current Assets	6 375 000	5 602 000	4 266 000	5 634 000
Total Assets	7 790 000	5 602 000	4 266 000	5 930 000
Total Equity	880 000	879 000	−276 000	−47 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 588 000	4 409 000	4 305 000	5 339 000
Creditors	323 000	94 000	236 000	538 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	100 000
Total Current Debt	323 000	313 000	236 000	638 000
Total Equity and Debt	7 790 000	5 602 000	4 266 000	5 930 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−69,32 %	131,4 %	82,97 %	−1 463,83 %
Debt-to-Equity Ratio	7,49	5,02	−15,6	−113,6
Operating Profit Margin	−10,42 %	28,56 %	-	6,52 %
Current Ratio	19,74	17,9	18,08	8,83
Quick Ratio	−1,06	−1,14	−1,09	8,83
Equity Ratio	0,11	0,16	−0,06	−0,01
Gross Profit Margin	−5,49 %	41,07 %	-	9,89 %