MORVIKVEIEN 80 AS

5122 MORVIK

Finances

Share Ownership

Return on Equity

13,37 %

Current Ratio

1,62

Debt-to-Equity Ratio

1,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	434 000	400 000	364 000	386 000
Net Income	146 000	133 000	62 000	123 000
Total Assets	2 747 000	2 757 000	2 749 000	2 825 000
Total Equity	1 092 000	946 000	913 000	949 000

Income (NOK)	2022	2021	2020	2019
Revenue	434 000	400 000	364 000	386 000
Expenditure	183 000	165 000	200 000	139 000
Operating Profit	251 000	235 000	165 000	247 000
Financial Income	1 000	0	0	1 000
Financial Costs	61 000	47 000	67 000	72 000
Financial Balance	−60 000	−47 000	−67 000	−71 000
Earnings Before Tax	191 000	188 000	98 000	176 000
Tax	51 000	55 000	36 000	53 000
Net Income	146 000	133 000	62 000	123 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 453 000	2 537 000	2 629 000	2 661 000
Total Current Assets	294 000	220 000	119 000	164 000
Total Assets	2 747 000	2 757 000	2 749 000	2 825 000
Total Retained Equity	992 000	846 000	813 000	849 000
Total Equity	1 092 000	946 000	913 000	949 000
Total Long-Term Debt	1 474 000	1 563 000	0	1 735 000
Total Current Debt	181 000	248 000	1 836 000	141 000
Total Equity and Debt	2 747 000	2 757 000	2 749 000	2 825 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	350 000	0	0	0
Other Income	85 000	400 000	364 000	386 000
Revenue	434 000	400 000	364 000	386 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	84 000	90 000	92 000	91 000
Impairment	0	0	0	0
Expenditure	183 000	165 000	200 000	139 000
Operating Profit	251 000	235 000	165 000	247 000
Financial Income	1 000	0	0	1 000
Financial Costs	61 000	47 000	67 000	72 000
Financial Balance	−60 000	−47 000	−67 000	−71 000
Dividends	0	100 000	100 000	0
Net Income	146 000	133 000	62 000	123 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	2 000	0
Total Intangible Assets	0	0	2 000	10 000
Real Eastate	2 453 000	2 537 000	2 627 000	2 651 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 453 000	2 537 000	2 627 000	2 651 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 453 000	2 537 000	2 629 000	2 661 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	200 000	197 000	104 000	152 000
Total Current Assets	294 000	220 000	119 000	164 000
Total Assets	2 747 000	2 757 000	2 749 000	2 825 000
Total Equity	1 092 000	946 000	913 000	949 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 474 000	1 563 000	0	1 735 000
Creditors	32 000	0	0	0
Unpaid Taxes	90 000	86 000	52 000	80 000
Dividends	0	100 000	100 000	0
Other Current Debt	8 000	13 000	13 000	14 000
Total Current Debt	181 000	248 000	1 836 000	141 000
Total Equity and Debt	2 747 000	2 757 000	2 749 000	2 825 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,37 %	14,06 %	6,79 %	12,96 %
Debt-to-Equity Ratio	1,35	1,65	0	1,83
Operating Profit Margin	57,83 %	58,75 %	45,33 %	63,99 %
Current Ratio	1,62	0,89	0,06	1,16
Quick Ratio	1,62	0,89	0,06	1,16
Equity Ratio	0,4	0,34	0,33	0,34
Gross Profit Margin	100 %	100 %	100 %	100 %