MORFEUS AS

0172 OSLO

Finances

Share Ownership

Return on Equity

26,42 %

Current Ratio

2,66

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 123 000	5 902 000	4 503 000	4 992 000
Net Income	638 000	696 000	339 000	346 000
Total Assets	3 835 000	3 674 000	2 604 000	2 776 000
Total Equity	2 415 000	1 777 000	1 561 000	1 327 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 123 000	5 902 000	4 503 000	4 992 000
Expenditure	5 305 000	5 010 000	4 070 000	4 555 000
Operating Profit	818 000	892 000	432 000	436 000
Financial Income	4 000	0	2 000	9 000
Financial Costs	0	1 000	3 000	1 000
Financial Balance	4 000	−1 000	−1 000	8 000
Earnings Before Tax	822 000	892 000	432 000	445 000
Tax	184 000	196 000	92 000	99 000
Net Income	638 000	696 000	339 000	346 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	56 000	81 000	54 000	13 000
Total Current Assets	3 779 000	3 594 000	2 550 000	2 763 000
Total Assets	3 835 000	3 674 000	2 604 000	2 776 000
Total Retained Equity	2 313 000	1 675 000	1 459 000	1 225 000
Total Equity	2 415 000	1 777 000	1 561 000	1 327 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 420 000	1 898 000	1 042 000	1 449 000
Total Equity and Debt	3 835 000	3 674 000	2 604 000	2 776 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 123 000	5 902 000	4 503 000	4 992 000
Other Income	0	0	0	0
Revenue	6 123 000	5 902 000	4 503 000	4 992 000
Cost of Goods Sold	0	72 000	0	21 000
Salary Costs	4 329 000	3 913 000	3 365 000	3 743 000
Depreciation	41 000	34 000	11 000	23 000
Impairment	0	0	0	0
Expenditure	5 305 000	5 010 000	4 070 000	4 555 000
Operating Profit	818 000	892 000	432 000	436 000
Financial Income	4 000	0	2 000	9 000
Financial Costs	0	1 000	3 000	1 000
Financial Balance	4 000	−1 000	−1 000	8 000
Dividends	0	480 000	105 000	130 000
Net Income	638 000	696 000	339 000	346 000

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	56 000	81 000	54 000	13 000
Total Tangible Assets	56 000	81 000	54 000	13 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	56 000	81 000	54 000	13 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 657 000	2 236 000	1 566 000	1 922 000
Total Current Assets	3 779 000	3 594 000	2 550 000	2 763 000
Total Assets	3 835 000	3 674 000	2 604 000	2 776 000
Total Equity	2 415 000	1 777 000	1 561 000	1 327 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	22 000	70 000	32 000	10 000
Unpaid Taxes	766 000	679 000	465 000	692 000
Dividends	0	480 000	105 000	130 000
Other Current Debt	448 000	472 000	349 000	518 000
Total Current Debt	1 420 000	1 898 000	1 042 000	1 449 000
Total Equity and Debt	3 835 000	3 674 000	2 604 000	2 776 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,42 %	39,17 %	21,72 %	26,07 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,36 %	15,11 %	9,59 %	8,73 %
Current Ratio	2,66	1,89	2,45	1,91
Quick Ratio	2,66	1,89	2,45	1,91
Equity Ratio	0,63	0,48	0,6	0,48
Gross Profit Margin	100 %	98,78 %	100 %	99,58 %