MORVIK KIOSK AS

4886 GRIMSTAD

Finances

Return on Equity

−4,04 %

Current Ratio

0,25

Debt-to-Equity Ratio

−0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 477 000	4 655 000	4 009 000	4 048 000
Net Income	34 000	132 000	184 000	226 000
Total Assets	279 000	363 000	384 000	434 000
Total Equity	−842 000	−876 000	−1 008 000	−1 192 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 477 000	4 655 000	4 009 000	4 048 000
Expenditure	4 395 000	4 464 000	3 763 000	3 752 000
Operating Profit	81 000	192 000	246 000	296 000
Financial Income	0	0	0	0
Financial Costs	47 000	60 000	62 000	70 000
Financial Balance	−47 000	−60 000	−62 000	−70 000
Earnings Before Tax	34 000	132 000	184 000	226 000
Tax	0	0	0	0
Net Income	34 000	132 000	184 000	226 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 000	74 000	140 000	210 000
Total Current Assets	271 000	290 000	244 000	223 000
Total Assets	279 000	363 000	384 000	434 000
Total Retained Equity	−1 442 000	−1 476 000	−1 608 000	−1 792 000
Total Equity	−842 000	−876 000	−1 008 000	−1 192 000
Total Long-Term Debt	55 000	162 000	247 000	302 000
Total Current Debt	1 066 000	1 077 000	1 145 000	1 323 000
Total Equity and Debt	279 000	363 000	384 000	434 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 848 000	3 299 000	2 866 000	2 442 000
Other Income	1 629 000	1 357 000	1 143 000	1 606 000
Revenue	4 477 000	4 655 000	4 009 000	4 048 000
Cost of Goods Sold	2 873 000	3 323 000	2 700 000	2 355 000
Salary Costs	872 000	751 000	697 000	923 000
Depreciation	65 000	67 000	70 000	72 000
Impairment	0	0	0	0
Expenditure	4 395 000	4 464 000	3 763 000	3 752 000
Operating Profit	81 000	192 000	246 000	296 000
Financial Income	0	0	0	0
Financial Costs	47 000	60 000	62 000	70 000
Financial Balance	−47 000	−60 000	−62 000	−70 000
Dividends	0	0	0	0
Net Income	34 000	132 000	184 000	226 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	13 000	28 000	42 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 000	56 000	108 000	164 000
Total Tangible Assets	4 000	70 000	136 000	206 000
Total Fiancial Fixed Assets	4 000	4 000	4 000	4 000
Total Fixed Assets	8 000	74 000	140 000	210 000
Stock	172 000	190 000	184 000	105 000
Total Investments	0	0	0	0
Cash, Bank	66 000	59 000	42 000	102 000
Total Current Assets	271 000	290 000	244 000	223 000
Total Assets	279 000	363 000	384 000	434 000
Total Equity	−842 000	−876 000	−1 008 000	−1 192 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	55 000	162 000	247 000	302 000
Creditors	158 000	145 000	145 000	74 000
Unpaid Taxes	80 000	68 000	46 000	45 000
Dividends	0	0	0	0
Other Current Debt	616 000	440 000	579 000	676 000
Total Current Debt	1 066 000	1 077 000	1 145 000	1 323 000
Total Equity and Debt	279 000	363 000	384 000	434 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,04 %	−15,07 %	−18,25 %	−18,96 %
Debt-to-Equity Ratio	−0,07	−0,18	−0,25	−0,25
Operating Profit Margin	1,81 %	4,12 %	6,14 %	7,31 %
Current Ratio	0,25	0,27	0,21	0,17
Quick Ratio	0,3	0,33	0,25	0,18
Equity Ratio	−3,02	−2,41	−2,63	−2,75
Gross Profit Margin	35,83 %	28,61 %	32,65 %	41,82 %