MORRIS AS

3170 SEM

Finances

Share Ownership

Return on Equity

11,91 %

Current Ratio

2,23

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	598 000	647 000	381 000	394 000
Net Income	145 000	200 000	29 000	15 000
Total Assets	1 469 000	1 341 000	1 174 000	1 172 000
Total Equity	1 217 000	1 172 000	1 071 000	1 062 000

Income (NOK)	2022	2021	2020	2019
Revenue	598 000	647 000	381 000	394 000
Expenditure	411 000	390 000	344 000	375 000
Operating Profit	186 000	257 000	37 000	19 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	186 000	257 000	37 000	19 000
Tax	41 000	57 000	8 000	4 000
Net Income	145 000	200 000	29 000	15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 179 000	963 000	726 000	798 000
Total Current Assets	290 000	378 000	448 000	374 000
Total Assets	1 469 000	1 341 000	1 174 000	1 172 000
Total Retained Equity	1 117 000	1 072 000	971 000	962 000
Total Equity	1 217 000	1 172 000	1 071 000	1 062 000
Total Long-Term Debt	122 000	97 000	54 000	59 000
Total Current Debt	130 000	72 000	49 000	51 000
Total Equity and Debt	1 469 000	1 341 000	1 174 000	1 172 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	261 000
Other Income	598 000	647 000	381 000	133 000
Revenue	598 000	647 000	381 000	394 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	333 000	297 000	277 000	323 000
Impairment	0	0	0	0
Expenditure	411 000	390 000	344 000	375 000
Operating Profit	186 000	257 000	37 000	19 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	100 000	100 000	20 000	20 000
Net Income	145 000	200 000	29 000	15 000

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	1 179 000	963 000	726 000	798 000
Total Tangible Assets	1 179 000	963 000	726 000	798 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 179 000	963 000	726 000	798 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	219 000	339 000	418 000	348 000
Total Current Assets	290 000	378 000	448 000	374 000
Total Assets	1 469 000	1 341 000	1 174 000	1 172 000
Total Equity	1 217 000	1 172 000	1 071 000	1 062 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	122 000	97 000	54 000	59 000
Creditors	0	0	0	0
Unpaid Taxes	14 000	−46 000	11 000	11 000
Dividends	100 000	100 000	20 000	20 000
Other Current Debt	0	5 000	5 000	5 000
Total Current Debt	130 000	72 000	49 000	51 000
Total Equity and Debt	1 469 000	1 341 000	1 174 000	1 172 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,91 %	17,06 %	2,71 %	1,41 %
Debt-to-Equity Ratio	0,1	0,08	0,05	0,06
Operating Profit Margin	31,1 %	39,72 %	9,71 %	4,82 %
Current Ratio	2,23	5,25	9,14	7,33
Quick Ratio	2,23	5,25	9,14	7,33
Equity Ratio	0,83	0,87	0,91	0,91
Gross Profit Margin	100 %	100 %	100 %	100 %