MORGO UTVIKLING AS

0375 OSLO

Finances

Return on Equity

17,93 %

Current Ratio

0,39

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	316 000	1 576 000	3 650 000
Net Income	−123 000	−1 690 000	−5 541 000	−7 248 000
Total Assets	6 461 000	6 645 000	16 928 000	86 090 000
Total Equity	−686 000	−563 000	−13 873 000	−8 332 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	316 000	1 576 000	3 650 000
Expenditure	123 000	1 977 000	6 804 000	10 024 000
Operating Profit	−123 000	−1 662 000	−5 228 000	−6 373 000
Financial Income	1 000	4 000	8 000	8 000
Financial Costs	0	32 000	320 000	876 000
Financial Balance	1 000	−28 000	−312 000	−868 000
Earnings Before Tax	−123 000	−1 690 000	−5 541 000	−7 242 000
Tax	0	0	0	6 000
Net Income	−123 000	−1 690 000	−5 541 000	−7 248 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 696 000	3 696 000	2 995 000	73 467 000
Total Current Assets	2 765 000	2 949 000	13 934 000	12 623 000
Total Assets	6 461 000	6 645 000	16 928 000	86 090 000
Total Retained Equity	−15 716 000	−15 593 000	−13 903 000	−8 362 000
Total Equity	−686 000	−563 000	−13 873 000	−8 332 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 147 000	7 208 000	30 802 000	94 422 000
Total Equity and Debt	6 461 000	6 645 000	16 928 000	86 090 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	316 000	1 576 000	3 650 000
Revenue	0	316 000	1 576 000	3 650 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	1 246 000	1 971 000	888 000
Depreciation	0	0	0	0
Impairment	0	0	0	2 000 000
Expenditure	123 000	1 977 000	6 804 000	10 024 000
Operating Profit	−123 000	−1 662 000	−5 228 000	−6 373 000
Financial Income	1 000	4 000	8 000	8 000
Financial Costs	0	32 000	320 000	876 000
Financial Balance	1 000	−28 000	−312 000	−868 000
Dividends	0	0	0	0
Net Income	−123 000	−1 690 000	−5 541 000	−7 248 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	2 978 000	73 228 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	2 978 000	73 228 000
Total Fiancial Fixed Assets	3 696 000	3 696 000	17 000	239 000
Total Fixed Assets	3 696 000	3 696 000	2 995 000	73 467 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 134 000	1 923 000	11 815 000	8 657 000
Total Current Assets	2 765 000	2 949 000	13 934 000	12 623 000
Total Assets	6 461 000	6 645 000	16 928 000	86 090 000
Total Equity	−686 000	−563 000	−13 873 000	−8 332 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	62 000	125 000	260 000
Unpaid Taxes	0	0	368 000	441 000
Dividends	0	0	0	0
Other Current Debt	7 146 000	7 146 000	30 309 000	93 721 000
Total Current Debt	7 147 000	7 208 000	30 802 000	94 422 000
Total Equity and Debt	6 461 000	6 645 000	16 928 000	86 090 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,93 %	300,18 %	39,94 %	86,99 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	-	−525,95 %	−331,73 %	−174,6 %
Current Ratio	0,39	0,41	0,45	0,13
Quick Ratio	0,39	0,41	0,45	0,13
Equity Ratio	−0,11	−0,08	−0,82	−0,1
Gross Profit Margin	-	100 %	100 %	100 %