MORVIGSANDEN CAMPING AS

4879 GRIMSTAD

Finances

Share Ownership

Return on Equity

33,29 %

Current Ratio

8,26

Debt-to-Equity Ratio

1,61

Key figures (NOK)	2022	2021	2020
Revenue	1 596 000	1 478 000	1 695 000
Net Income	270 000	195 000	245 000
Total Assets	2 320 000	2 112 000	1 938 000
Total Equity	811 000	542 000	347 000

Income (NOK)	2022	2021	2020
Revenue	1 596 000	1 478 000	1 695 000
Expenditure	1 299 000	1 214 000	1 387 000
Operating Profit	297 000	263 000	309 000
Financial Income	0	1 000	0
Financial Costs	24 000	13 000	10 000
Financial Balance	−24 000	−12 000	−10 000
Earnings Before Tax	273 000	251 000	298 000
Tax	3 000	56 000	53 000
Net Income	270 000	195 000	245 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	626 000	537 000	435 000
Total Current Assets	1 693 000	1 575 000	1 503 000
Total Assets	2 320 000	2 112 000	1 938 000
Total Retained Equity	781 000	512 000	317 000
Total Equity	811 000	542 000	347 000
Total Long-Term Debt	1 303 000	1 426 000	1 500 000
Total Current Debt	205 000	145 000	92 000
Total Equity and Debt	2 320 000	2 112 000	1 938 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 594 000	1 458 000	1 690 000
Other Income	2 000	19 000	5 000
Revenue	1 596 000	1 478 000	1 695 000
Cost of Goods Sold	76 000	151 000	87 000
Salary Costs	515 000	362 000	598 000
Depreciation	80 000	63 000	41 000
Impairment	0	0	0
Expenditure	1 299 000	1 214 000	1 387 000
Operating Profit	297 000	263 000	309 000
Financial Income	0	1 000	0
Financial Costs	24 000	13 000	10 000
Financial Balance	−24 000	−12 000	−10 000
Dividends	0	0	0
Net Income	270 000	195 000	245 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	20 000	16 000	15 000
Real Eastate	449 000	380 000	420 000
Machinery and Plant Facilities	0	0	0
Fixtures	157 000	141 000	0
Total Tangible Assets	606 000	521 000	420 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	626 000	537 000	435 000
Stock	1 400 000	1 369 000	1 226 000
Total Investments	0	0	0
Cash, Bank	158 000	160 000	242 000
Total Current Assets	1 693 000	1 575 000	1 503 000
Total Assets	2 320 000	2 112 000	1 938 000
Total Equity	811 000	542 000	347 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 303 000	1 426 000	1 500 000
Creditors	18 000	37 000	−92 000
Unpaid Taxes	46 000	9 000	58 000
Dividends	0	0	0
Other Current Debt	78 000	42 000	58 000
Total Current Debt	205 000	145 000	92 000
Total Equity and Debt	2 320 000	2 112 000	1 938 000

Financial indicators	2022	2021	2020
Return on Equity	33,29 %	35,98 %	70,61 %
Debt-to-Equity Ratio	1,61	2,63	4,32
Operating Profit Margin	18,61 %	17,79 %	18,23 %
Current Ratio	8,26	10,86	16,34
Quick Ratio	−1,42	−1,29	−1,33
Equity Ratio	0,35	0,26	0,18
Gross Profit Margin	95,24 %	89,78 %	94,87 %