MORMORS AS

8450 STOKMARKNES

Finances

Share Ownership

Return on Equity

67,28 %

Current Ratio

0,22

Debt-to-Equity Ratio

−0,18

Key figures (NOK)	2022	2021	2020
Revenue	3 125 000	2 845 000	1 839 000
Net Income	−366 000	−75 000	−127 000
Total Assets	304 000	411 000	508 000
Total Equity	−544 000	−178 000	−103 000

Income (NOK)	2022	2021	2020
Revenue	3 125 000	2 845 000	1 839 000
Expenditure	3 477 000	2 906 000	2 033 000
Operating Profit	−352 000	−60 000	−111 000
Financial Income	0	0	0
Financial Costs	14 000	15 000	16 000
Financial Balance	−14 000	−15 000	−16 000
Earnings Before Tax	−366 000	−75 000	−127 000
Tax	0	0	0
Net Income	−366 000	−75 000	−127 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	140 000	216 000	293 000
Total Current Assets	164 000	195 000	215 000
Total Assets	304 000	411 000	508 000
Total Retained Equity	−574 000	−208 000	−127 000
Total Equity	−544 000	−178 000	−103 000
Total Long-Term Debt	100 000	140 000	180 000
Total Current Debt	748 000	449 000	431 000
Total Equity and Debt	304 000	411 000	508 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 009 000	2 499 000	1 828 000
Other Income	116 000	346 000	11 000
Revenue	3 125 000	2 845 000	1 839 000
Cost of Goods Sold	1 254 000	985 000	776 000
Salary Costs	1 650 000	1 425 000	991 000
Depreciation	77 000	77 000	45 000
Impairment	0	0	0
Expenditure	3 477 000	2 906 000	2 033 000
Operating Profit	−352 000	−60 000	−111 000
Financial Income	0	0	0
Financial Costs	14 000	15 000	16 000
Financial Balance	−14 000	−15 000	−16 000
Dividends	0	0	0
Net Income	−366 000	−75 000	−127 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	7 000	30 000	54 000
Fixtures	133 000	186 000	239 000
Total Tangible Assets	140 000	216 000	293 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	140 000	216 000	293 000
Stock	18 000	43 000	82 000
Total Investments	0	0	0
Cash, Bank	79 000	99 000	76 000
Total Current Assets	164 000	195 000	215 000
Total Assets	304 000	411 000	508 000
Total Equity	−544 000	−178 000	−103 000
Short-Term Group Debt	0	115 000	112 000
Total Long-Term Debt	100 000	140 000	180 000
Creditors	136 000	29 000	108 000
Unpaid Taxes	127 000	96 000	116 000
Dividends	0	0	0
Other Current Debt	485 000	209 000	95 000
Total Current Debt	748 000	449 000	431 000
Total Equity and Debt	304 000	411 000	508 000

Financial indicators	2022	2021	2020
Return on Equity	67,28 %	42,13 %	123,3 %
Debt-to-Equity Ratio	−0,18	−0,79	−1,75
Operating Profit Margin	−11,26 %	−2,11 %	−6,04 %
Current Ratio	0,22	0,43	0,5
Quick Ratio	0,22	0,48	0,62
Equity Ratio	−1,79	−0,43	−0,2
Gross Profit Margin	59,87 %	65,38 %	57,8 %