MORK SNEKKERSERVICE AS

6532 AVERØY

Finances

Share Ownership

Return on Equity

24,51 %

Current Ratio

1,78

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 392 000	2 216 000	903 000	71 000
Net Income	137 000	263 000	141 000	−12 000
Total Assets	1 084 000	726 000	298 000	94 000
Total Equity	559 000	422 000	159 000	18 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 392 000	2 216 000	903 000	71 000
Expenditure	2 218 000	1 878 000	725 000	83 000
Operating Profit	175 000	337 000	178 000	−12 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	175 000	337 000	178 000	−12 000
Tax	38 000	74 000	36 000	0
Net Income	137 000	263 000	141 000	−12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	159 000	32 000	42 000	52 000
Total Current Assets	925 000	694 000	256 000	43 000
Total Assets	1 084 000	726 000	298 000	94 000
Total Retained Equity	529 000	392 000	129 000	−12 000
Total Equity	559 000	422 000	159 000	18 000
Total Long-Term Debt	6 000	0	0	0
Total Current Debt	519 000	303 000	138 000	76 000
Total Equity and Debt	1 084 000	726 000	298 000	94 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 392 000	2 216 000	903 000	71 000
Other Income	0	0	0	0
Revenue	2 392 000	2 216 000	903 000	71 000
Cost of Goods Sold	942 000	888 000	470 000	24 000
Salary Costs	822 000	580 000	0	0
Depreciation	15 000	10 000	10 000	10 000
Impairment	0	0	0	0
Expenditure	2 218 000	1 878 000	725 000	83 000
Operating Profit	175 000	337 000	178 000	−12 000
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	137 000	263 000	141 000	−12 000

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	20 000	31 000	41 000	51 000
Fixtures	137 000	0	0	0
Total Tangible Assets	158 000	31 000	41 000	51 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	159 000	32 000	42 000	52 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	254 000	286 000	250 000	24 000
Total Current Assets	925 000	694 000	256 000	43 000
Total Assets	1 084 000	726 000	298 000	94 000
Total Equity	559 000	422 000	159 000	18 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 000	0	0	0
Creditors	166 000	89 000	29 000	4 000
Unpaid Taxes	187 000	81 000	15 000	0
Dividends	0	0	0	0
Other Current Debt	133 000	59 000	58 000	73 000
Total Current Debt	519 000	303 000	138 000	76 000
Total Equity and Debt	1 084 000	726 000	298 000	94 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,51 %	62,32 %	88,68 %	−66,67 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	7,32 %	15,21 %	19,71 %	−16,9 %
Current Ratio	1,78	2,29	1,86	0,57
Quick Ratio	1,78	2,29	1,86	0,57
Equity Ratio	0,52	0,58	0,53	0,19
Gross Profit Margin	60,62 %	59,93 %	47,95 %	66,2 %