MORRIS-ACCENT AS

0366 OSLO

Finances

Share Ownership

Return on Equity

61,26 %

Current Ratio

0,18

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	141 292 000	143 313 000	208 028 000	275 394 000
Net Income	−58 977 000	−62 046 000	−52 952 000	753 000
Total Assets	26 896 000	28 474 000	33 716 000	61 672 000
Total Equity	−96 279 000	−37 302 000	−41 656 000	11 296 000

Income (NOK)	2022	2021	2020	2019
Revenue	141 292 000	143 313 000	208 028 000	275 394 000
Expenditure	200 554 000	203 475 000	258 992 000	272 806 000
Operating Profit	−59 262 000	−60 162 000	−50 965 000	2 590 000
Financial Income	0	897 000	577 000	147 000
Financial Costs	137 000	2 367 000	2 292 000	934 000
Financial Balance	−137 000	−1 470 000	−1 715 000	−787 000
Earnings Before Tax	−59 399 000	−61 633 000	−52 680 000	1 803 000
Tax	−422 000	413 000	272 000	1 050 000
Net Income	−58 977 000	−62 046 000	−52 952 000	753 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 148 000	6 039 000	5 758 000	4 982 000
Total Current Assets	21 747 000	22 435 000	27 959 000	56 690 000
Total Assets	26 896 000	28 474 000	33 716 000	61 672 000
Total Retained Equity	−186 299 000	−127 321 000	−65 275 000	−12 323 000
Total Equity	−96 279 000	−37 302 000	−41 656 000	11 296 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	123 175 000	65 776 000	75 373 000	50 376 000
Total Equity and Debt	26 896 000	28 474 000	33 716 000	61 672 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	141 033 000	143 054 000	208 028 000	274 807 000
Other Income	259 000	259 000	0	587 000
Revenue	141 292 000	143 313 000	208 028 000	275 394 000
Cost of Goods Sold	63 579 000	76 031 000	100 129 000	121 780 000
Salary Costs	47 620 000	43 071 000	46 930 000	60 693 000
Depreciation	1 365 000	1 514 000	1 504 000	1 549 000
Impairment	0	0	0	0
Expenditure	200 554 000	203 475 000	258 992 000	272 806 000
Operating Profit	−59 262 000	−60 162 000	−50 965 000	2 590 000
Financial Income	0	897 000	577 000	147 000
Financial Costs	137 000	2 367 000	2 292 000	934 000
Financial Balance	−137 000	−1 470 000	−1 715 000	−787 000
Dividends	0	0	0	0
Net Income	−58 977 000	−62 046 000	−52 952 000	753 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 164 000	1 742 000	2 156 000	2 428 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 984 000	4 296 000	3 602 000	2 554 000
Total Tangible Assets	2 984 000	4 296 000	3 602 000	2 554 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 148 000	6 039 000	5 758 000	4 982 000
Stock	3 556 000	10 554 000	14 356 000	21 265 000
Total Investments	0	0	0	0
Cash, Bank	8 134 000	5 873 000	9 460 000	12 687 000
Total Current Assets	21 747 000	22 435 000	27 959 000	56 690 000
Total Assets	26 896 000	28 474 000	33 716 000	61 672 000
Total Equity	−96 279 000	−37 302 000	−41 656 000	11 296 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 796 000	6 571 000	5 085 000	16 863 000
Unpaid Taxes	5 618 000	7 623 000	10 678 000	23 339 000
Dividends	0	0	0	0
Other Current Debt	111 761 000	51 582 000	59 609 000	10 174 000
Total Current Debt	123 175 000	65 776 000	75 373 000	50 376 000
Total Equity and Debt	26 896 000	28 474 000	33 716 000	61 672 000

Financial indicators	2022	2021	2020	2019
Return on Equity	61,26 %	166,33 %	127,12 %	6,67 %
Debt-to-Equity Ratio	−0	−0	−0	0
Operating Profit Margin	−41,94 %	−41,98 %	−24,5 %	0,94 %
Current Ratio	0,18	0,34	0,37	1,13
Quick Ratio	0,18	0,41	0,46	1,95
Equity Ratio	−3,58	−1,31	−1,24	0,18
Gross Profit Margin	55 %	46,95 %	51,87 %	55,78 %