MORKEN MASKIN AS

7353 BØRSA

Finances

Share Ownership

Return on Equity

15,14 %

Current Ratio

1,26

Debt-to-Equity Ratio

4,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 723 000	33 775 000	29 439 000	21 549 000
Net Income	200 000	−896 000	73 000	687 000
Total Assets	13 850 000	16 360 000	14 450 000	9 965 000
Total Equity	1 321 000	1 120 000	2 016 000	1 943 000

Income (NOK)	2022	2021	2020	2019
Revenue	45 723 000	33 775 000	29 439 000	21 549 000
Expenditure	44 912 000	34 468 000	29 039 000	20 518 000
Operating Profit	812 000	−693 000	400 000	1 031 000
Financial Income	1 000	0	3 000	2 000
Financial Costs	556 000	454 000	309 000	151 000
Financial Balance	−555 000	−454 000	−306 000	−149 000
Earnings Before Tax	257 000	−1 147 000	94 000	882 000
Tax	57 000	−251 000	21 000	195 000
Net Income	200 000	−896 000	73 000	687 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 143 000	7 222 000	7 271 000	4 638 000
Total Current Assets	8 708 000	9 138 000	7 179 000	5 328 000
Total Assets	13 850 000	16 360 000	14 450 000	9 965 000
Total Retained Equity	1 268 000	1 067 000	1 963 000	1 890 000
Total Equity	1 321 000	1 120 000	2 016 000	1 943 000
Total Long-Term Debt	5 596 000	7 769 000	8 701 000	4 782 000
Total Current Debt	6 934 000	7 471 000	3 733 000	3 240 000
Total Equity and Debt	13 850 000	16 360 000	14 450 000	9 965 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	45 671 000	33 663 000	29 439 000	21 525 000
Other Income	52 000	111 000	0	24 000
Revenue	45 723 000	33 775 000	29 439 000	21 549 000
Cost of Goods Sold	23 837 000	17 983 000	15 554 000	11 397 000
Salary Costs	9 300 000	7 968 000	6 140 000	4 271 000
Depreciation	1 407 000	1 434 000	1 010 000	399 000
Impairment	0	0	0	0
Expenditure	44 912 000	34 468 000	29 039 000	20 518 000
Operating Profit	812 000	−693 000	400 000	1 031 000
Financial Income	1 000	0	3 000	2 000
Financial Costs	556 000	454 000	309 000	151 000
Financial Balance	−555 000	−454 000	−306 000	−149 000
Dividends	0	0	0	0
Net Income	200 000	−896 000	73 000	687 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	41 000	97 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 827 000	6 983 000	7 052 000	4 342 000
Total Tangible Assets	4 827 000	6 983 000	7 052 000	4 342 000
Total Fiancial Fixed Assets	275 000	142 000	219 000	296 000
Total Fixed Assets	5 143 000	7 222 000	7 271 000	4 638 000
Stock	281 000	289 000	277 000	122 000
Total Investments	0	0	0	0
Cash, Bank	−1 606 000	378 000	534 000	1 244 000
Total Current Assets	8 708 000	9 138 000	7 179 000	5 328 000
Total Assets	13 850 000	16 360 000	14 450 000	9 965 000
Total Equity	1 321 000	1 120 000	2 016 000	1 943 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 596 000	7 769 000	8 701 000	4 782 000
Creditors	3 768 000	5 528 000	2 267 000	1 775 000
Unpaid Taxes	1 299 000	551 000	581 000	500 000
Dividends	0	0	0	0
Other Current Debt	1 867 000	1 393 000	885 000	904 000
Total Current Debt	6 934 000	7 471 000	3 733 000	3 240 000
Total Equity and Debt	13 850 000	16 360 000	14 450 000	9 965 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,14 %	−80 %	3,62 %	35,36 %
Debt-to-Equity Ratio	4,24	6,94	4,32	2,46
Operating Profit Margin	1,78 %	−2,05 %	1,36 %	4,78 %
Current Ratio	1,26	1,22	1,92	1,64
Quick Ratio	1,31	1,27	2,08	1,71
Equity Ratio	0,1	0,07	0,14	0,19
Gross Profit Margin	47,87 %	46,76 %	47,17 %	47,11 %