MORGENBØEN BORETTSLAG

3511 HØNEFOSS

Finances

Share Ownership

Return on Equity

−40,75 %

Current Ratio

3,35

Debt-to-Equity Ratio

5,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 001 000	3 008 000	2 920 000	2 839 000
Net Income	−1 123 000	−828 000	496 000	674 000
Total Assets	18 365 000	20 874 000	18 053 000	16 468 000
Total Equity	2 756 000	3 879 000	4 707 000	4 211 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 001 000	3 008 000	2 920 000	2 839 000
Expenditure	3 840 000	3 601 000	2 179 000	1 794 000
Operating Profit	−856 000	−660 000	714 000	963 000
Financial Income	14 000	13 000	20 000	23 000
Financial Costs	282 000	181 000	237 000	311 000
Financial Balance	−268 000	−168 000	−217 000	−288 000
Earnings Before Tax	−1 106 000	−761 000	524 000	758 000
Tax	0	0	0	0
Net Income	−1 123 000	−828 000	496 000	674 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 757 000	16 735 000	16 881 000	15 958 000
Total Current Assets	1 608 000	4 139 000	1 172 000	510 000
Total Assets	18 365 000	20 874 000	18 053 000	16 468 000
Total Retained Equity	2 751 000	3 874 000	4 702 000	4 205 000
Total Equity	2 756 000	3 879 000	4 707 000	4 211 000
Total Long-Term Debt	15 129 000	16 028 000	12 982 000	11 890 000
Total Current Debt	480 000	967 000	363 000	367 000
Total Equity and Debt	18 365 000	20 874 000	18 053 000	16 468 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 001 000	3 008 000	2 920 000	2 839 000
Revenue	3 001 000	3 008 000	2 920 000	2 839 000
Cost of Goods Sold	0	0	0	0
Salary Costs	171 000	114 000	109 000	131 000
Depreciation	146 000	146 000	56 000	8 000
Impairment	0	0	0	0
Expenditure	3 840 000	3 601 000	2 179 000	1 794 000
Operating Profit	−856 000	−660 000	714 000	963 000
Financial Income	14 000	13 000	20 000	23 000
Financial Costs	282 000	181 000	237 000	311 000
Financial Balance	−268 000	−168 000	−217 000	−288 000
Dividends	0	0	0	0
Net Income	−1 123 000	−828 000	496 000	674 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	16 367 000	16 465 000	16 563 000	15 592 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	255 000	136 000	183 000	231 000
Total Tangible Assets	16 623 000	16 601 000	16 746 000	15 823 000
Total Fiancial Fixed Assets	6 000	6 000	6 000	6 000
Total Fixed Assets	16 757 000	16 735 000	16 881 000	15 958 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 470 000	4 004 000	1 041 000	344 000
Total Current Assets	1 608 000	4 139 000	1 172 000	510 000
Total Assets	18 365 000	20 874 000	18 053 000	16 468 000
Total Equity	2 756 000	3 879 000	4 707 000	4 211 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 129 000	16 028 000	12 982 000	11 890 000
Creditors	174 000	677 000	107 000	121 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	306 000	291 000	256 000	245 000
Total Current Debt	480 000	967 000	363 000	367 000
Total Equity and Debt	18 365 000	20 874 000	18 053 000	16 468 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−40,75 %	−21,35 %	10,54 %	16,01 %
Debt-to-Equity Ratio	5,49	4,13	2,76	2,82
Operating Profit Margin	−28,52 %	−21,94 %	24,45 %	33,92 %
Current Ratio	3,35	4,28	3,23	1,39
Quick Ratio	3,35	4,28	3,23	1,39
Equity Ratio	0,15	0,19	0,26	0,26
Gross Profit Margin	100 %	100 %	100 %	100 %