MORGEDAL GRUPPEN AS

3850 KVITESEID

Finances

Return on Equity

170,85 %

Current Ratio

2,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	156 869 000	202 105 000	176 007 000
Net Income	12 954 000	−19 676 000	−3 117 000	2 688 000
Total Assets	11 095 000	76 841 000	128 397 000	96 553 000
Total Equity	7 582 000	−2 931 000	16 766 000	19 883 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	156 869 000	202 105 000	176 007 000
Expenditure	751 000	178 984 000	203 398 000	171 041 000
Operating Profit	−751 000	−22 114 000	−1 293 000	4 966 000
Financial Income	13 798 000	1 119 000	18 000	17 000
Financial Costs	0	2 194 000	2 359 000	1 646 000
Financial Balance	13 798 000	−1 075 000	−2 341 000	−1 629 000
Earnings Before Tax	13 047 000	−23 189 000	−3 635 000	3 337 000
Tax	92 000	−3 514 000	−518 000	649 000
Net Income	12 954 000	−19 676 000	−3 117 000	2 688 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 786 000	35 039 000	48 164 000	38 584 000
Total Current Assets	7 309 000	41 803 000	80 233 000	57 969 000
Total Assets	11 095 000	76 841 000	128 397 000	96 553 000
Total Retained Equity	2 954 000	−7 559 000	8 651 000	11 768 000
Total Equity	7 582 000	−2 931 000	16 766 000	19 883 000
Total Long-Term Debt	0	27 493 000	46 296 000	36 964 000
Total Current Debt	3 512 000	52 280 000	65 335 000	39 706 000
Total Equity and Debt	11 095 000	76 841 000	128 397 000	96 553 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	155 134 000	200 868 000	172 175 000
Other Income	0	1 735 000	1 236 000	3 832 000
Revenue	0	156 869 000	202 105 000	176 007 000
Cost of Goods Sold	0	92 243 000	109 797 000	78 220 000
Salary Costs	0	30 104 000	27 297 000	33 635 000
Depreciation	0	7 820 000	10 020 000	7 922 000
Impairment	0	0	0	0
Expenditure	751 000	178 984 000	203 398 000	171 041 000
Operating Profit	−751 000	−22 114 000	−1 293 000	4 966 000
Financial Income	13 798 000	1 119 000	18 000	17 000
Financial Costs	0	2 194 000	2 359 000	1 646 000
Financial Balance	13 798 000	−1 075 000	−2 341 000	−1 629 000
Dividends	10 000 000	0	0	0
Net Income	12 954 000	−19 676 000	−3 117 000	2 688 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	811 000	804 000	804 000
Real Eastate	0	12 901 000	6 426 000	6 518 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	19 790 000	40 227 000	30 882 000
Total Tangible Assets	0	32 692 000	46 653 000	37 400 000
Total Fiancial Fixed Assets	3 786 000	1 536 000	706 000	380 000
Total Fixed Assets	3 786 000	35 039 000	48 164 000	38 584 000
Stock	0	6 617 000	8 428 000	19 017 000
Total Investments	0	0	0	0
Cash, Bank	0	5 143 000	35 411 000	10 140 000
Total Current Assets	7 309 000	41 803 000	80 233 000	57 969 000
Total Assets	11 095 000	76 841 000	128 397 000	96 553 000
Total Equity	7 582 000	−2 931 000	16 766 000	19 883 000
Short-Term Group Debt	460 000	0	0	0
Total Long-Term Debt	0	27 493 000	46 296 000	36 964 000
Creditors	750 000	36 093 000	37 893 000	27 076 000
Unpaid Taxes	0	5 976 000	8 195 000	3 437 000
Dividends	10 000 000	0	0	0
Other Current Debt	2 237 000	10 211 000	19 247 000	9 194 000
Total Current Debt	3 512 000	52 280 000	65 335 000	39 706 000
Total Equity and Debt	11 095 000	76 841 000	128 397 000	96 553 000

Financial indicators	2022	2021	2020	2019
Return on Equity	170,85 %	671,31 %	−18,59 %	13,52 %
Debt-to-Equity Ratio	0	−9,38	2,76	1,86
Operating Profit Margin	-	−14,1 %	−0,64 %	2,82 %
Current Ratio	2,08	0,8	1,23	1,46
Quick Ratio	2,08	0,92	1,41	2,8
Equity Ratio	0,68	−0,04	0,13	0,21
Gross Profit Margin	-	41,2 %	45,67 %	55,56 %