MORSTADVEGEN 35-41 AS

0250 OSLO

Finances

Share Ownership

Return on Equity

60,13 %

Current Ratio

0,88

Debt-to-Equity Ratio

224,53

Key figures (NOK)	2022	2021	2020
Revenue	6 944 000	6 775 000	6 415 000
Net Income	190 000	142 000	62 000
Total Assets	72 880 000	74 719 000	86 102 000
Total Equity	316 000	283 000	92 000

Income (NOK)	2022	2021	2020
Revenue	6 944 000	6 775 000	6 415 000
Expenditure	3 604 000	3 794 000	3 684 000
Operating Profit	3 341 000	2 982 000	2 730 000
Financial Income	3 000	0	0
Financial Costs	3 101 000	2 313 000	2 188 000
Financial Balance	−3 098 000	−2 313 000	−2 188 000
Earnings Before Tax	243 000	669 000	542 000
Tax	53 000	526 000	480 000
Net Income	190 000	142 000	62 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	71 468 000	74 610 000	78 327 000
Total Current Assets	1 412 000	109 000	7 775 000
Total Assets	72 880 000	74 719 000	86 102 000
Total Retained Equity	0	253 000	62 000
Total Equity	316 000	283 000	92 000
Total Long-Term Debt	70 951 000	74 013 000	85 000 000
Total Current Debt	1 612 000	423 000	1 010 000
Total Equity and Debt	72 880 000	74 719 000	86 102 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	6 944 000	6 775 000	6 415 000
Revenue	6 944 000	6 775 000	6 415 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	3 444 000	3 663 000	3 662 000
Impairment	0	0	0
Expenditure	3 604 000	3 794 000	3 684 000
Operating Profit	3 341 000	2 982 000	2 730 000
Financial Income	3 000	0	0
Financial Costs	3 101 000	2 313 000	2 188 000
Financial Balance	−3 098 000	−2 313 000	−2 188 000
Dividends	0	0	0
Net Income	190 000	142 000	62 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	1 301 000	1 000 000	1 054 000
Real Eastate	70 099 000	73 475 000	77 069 000
Machinery and Plant Facilities	0	0	0
Fixtures	68 000	135 000	203 000
Total Tangible Assets	70 166 000	73 610 000	77 273 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	71 468 000	74 610 000	78 327 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	265 000	1 000	30 000
Total Current Assets	1 412 000	109 000	7 775 000
Total Assets	72 880 000	74 719 000	86 102 000
Total Equity	316 000	283 000	92 000
Short-Term Group Debt	1 612 000	423 000	0
Total Long-Term Debt	70 951 000	74 013 000	85 000 000
Creditors	0	0	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	0	0	216 000
Total Current Debt	1 612 000	423 000	1 010 000
Total Equity and Debt	72 880 000	74 719 000	86 102 000

Financial indicators	2022	2021	2020
Return on Equity	60,13 %	50,18 %	67,39 %
Debt-to-Equity Ratio	224,53	261,53	923,91
Operating Profit Margin	48,11 %	44,01 %	42,56 %
Current Ratio	0,88	0,26	7,7
Quick Ratio	0,88	0,26	7,7
Equity Ratio	0	0	0
Gross Profit Margin	100 %	100 %	100 %