MORCIDEA APARTMENTS AS

4013 STAVANGER

Finances

Share Ownership

Return on Equity

96,97 %

Current Ratio

0,15

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	179 000	0	0	0
Net Income	−256 000	−14 000	−13 000	−10 000
Total Assets	214 000	0	6 000	20 000
Total Equity	−264 000	−7 000	7 000	20 000

Income (NOK)	2022	2021	2020	2019
Revenue	179 000	0	0	0
Expenditure	435 000	14 000	13 000	10 000
Operating Profit	−256 000	−14 000	−13 000	−10 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−256 000	−14 000	−13 000	−10 000
Tax	0	0	0	0
Net Income	−256 000	−14 000	−13 000	−10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	140 000	0	0	0
Total Current Assets	74 000	0	6 000	20 000
Total Assets	214 000	0	6 000	20 000
Total Retained Equity	−294 000	−37 000	−23 000	−10 000
Total Equity	−264 000	−7 000	7 000	20 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	478 000	7 000	−1 000	0
Total Equity and Debt	214 000	0	6 000	20 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	179 000	0	0	0
Other Income	0	0	0	0
Revenue	179 000	0	0	0
Cost of Goods Sold	46 000	0	0	0
Salary Costs	144 000	0	0	0
Depreciation	11 000	0	0	0
Impairment	0	0	0	0
Expenditure	435 000	14 000	13 000	10 000
Operating Profit	−256 000	−14 000	−13 000	−10 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−256 000	−14 000	−13 000	−10 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	140 000	0	0	0
Total Tangible Assets	140 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	140 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	65 000	0	6 000	20 000
Total Current Assets	74 000	0	6 000	20 000
Total Assets	214 000	0	6 000	20 000
Total Equity	−264 000	−7 000	7 000	20 000
Short-Term Group Debt	380 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	18 000	0	−1 000	0
Unpaid Taxes	46 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	33 000	7 000	0	0
Total Current Debt	478 000	7 000	−1 000	0
Total Equity and Debt	214 000	0	6 000	20 000

Financial indicators	2022	2021	2020	2019
Return on Equity	96,97 %	200 %	−185,71 %	−50 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	−143,02 %	-	-	-
Current Ratio	0,15	0	−6	-
Quick Ratio	0,15	0	−6	-
Equity Ratio	−1,23	-	1,17	1
Gross Profit Margin	74,3 %	-	-	-