MORUD MINERALS AS

3370 VIKERSUND

Finances

Return on Equity

11,29 %

Current Ratio

65,99

Debt-to-Equity Ratio

0,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	175 000	0	0	333 000
Net Income	48 245 000	38 747 000	2 095 000	58 831 000
Total Assets	680 416 000	667 817 000	778 217 000	667 119 000
Total Equity	427 289 000	379 044 000	452 763 000	488 303 000

Income (NOK)	2022	2021	2020	2019
Revenue	175 000	0	0	333 000
Expenditure	8 068 000	4 721 000	14 275 000	3 441 000
Operating Profit	−7 893 000	−4 721 000	−14 275 000	−3 109 000
Financial Income	74 554 000	52 143 000	29 798 000	71 821 000
Financial Costs	18 416 000	9 884 000	11 173 000	9 543 000
Financial Balance	56 138 000	42 259 000	18 625 000	62 278 000
Earnings Before Tax	48 245 000	37 538 000	4 350 000	59 170 000
Tax	0	−1 210 000	2 255 000	339 000
Net Income	48 245 000	38 747 000	2 095 000	58 831 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	555 231 000	556 195 000	566 003 000	415 476 000
Total Current Assets	125 184 000	111 622 000	212 214 000	251 643 000
Total Assets	680 416 000	667 817 000	778 217 000	667 119 000
Total Retained Equity	48 245 000	0	34 282 000	69 821 000
Total Equity	427 289 000	379 044 000	452 763 000	488 303 000
Total Long-Term Debt	251 230 000	287 762 000	312 309 000	160 960 000
Total Current Debt	1 897 000	1 011 000	13 144 000	17 857 000
Total Equity and Debt	680 416 000	667 817 000	778 217 000	667 119 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	333 000
Other Income	175 000	0	0	0
Revenue	175 000	0	0	333 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 170 000	3 930 000	4 764 000	1 880 000
Depreciation	6 000	17 000	17 000	17 000
Impairment	0	0	0	0
Expenditure	8 068 000	4 721 000	14 275 000	3 441 000
Operating Profit	−7 893 000	−4 721 000	−14 275 000	−3 109 000
Financial Income	74 554 000	52 143 000	29 798 000	71 821 000
Financial Costs	18 416 000	9 884 000	11 173 000	9 543 000
Financial Balance	56 138 000	42 259 000	18 625 000	62 278 000
Dividends	0	0	11 000 000	10 000 000
Net Income	48 245 000	38 747 000	2 095 000	58 831 000

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	24 000	6 000	23 000	41 000
Total Tangible Assets	24 000	6 000	23 000	41 000
Total Fiancial Fixed Assets	555 207 000	556 189 000	565 980 000	415 436 000
Total Fixed Assets	555 231 000	556 195 000	566 003 000	415 476 000
Stock	0	0	0	0
Total Investments	77 688 000	83 079 000	151 272 000	200 575 000
Cash, Bank	31 714 000	9 553 000	50 980 000	44 025 000
Total Current Assets	125 184 000	111 622 000	212 214 000	251 643 000
Total Assets	680 416 000	667 817 000	778 217 000	667 119 000
Total Equity	427 289 000	379 044 000	452 763 000	488 303 000
Short-Term Group Debt	0	0	104 000	0
Total Long-Term Debt	251 230 000	287 762 000	312 309 000	160 960 000
Creditors	353 000	132 000	22 000	91 000
Unpaid Taxes	306 000	425 000	443 000	255 000
Dividends	0	0	11 000 000	10 000 000
Other Current Debt	1 238 000	454 000	531 000	7 173 000
Total Current Debt	1 897 000	1 011 000	13 144 000	17 857 000
Total Equity and Debt	680 416 000	667 817 000	778 217 000	667 119 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,29 %	10,22 %	0,46 %	12,05 %
Debt-to-Equity Ratio	0,59	0,76	0,69	0,33
Operating Profit Margin	−4 510,29 %	-	-	−933,63 %
Current Ratio	65,99	110,41	16,15	14,09
Quick Ratio	65,99	110,41	16,15	14,09
Equity Ratio	0,63	0,57	0,58	0,73
Gross Profit Margin	100 %	-	-	100 %