MORK FINANS AS

3050 MJØNDALEN

Finances

Return on Equity

−3,94 %

Current Ratio

0,67

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 150 000	1 879 000	839 000	2 983 000
Net Income	−425 000	895 000	663 000	1 678 000
Total Assets	15 747 000	14 324 000	16 292 000	19 729 000
Total Equity	10 798 000	11 223 000	11 878 000	11 215 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 150 000	1 879 000	839 000	2 983 000
Expenditure	1 221 000	934 000	851 000	914 000
Operating Profit	−72 000	945 000	−12 000	2 068 000
Financial Income	50 000	192 000	749 000	90 000
Financial Costs	402 000	26 000	41 000	7 000
Financial Balance	−352 000	166 000	708 000	83 000
Earnings Before Tax	−424 000	1 111 000	696 000	2 152 000
Tax	1 000	216 000	33 000	473 000
Net Income	−425 000	895 000	663 000	1 678 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 536 000	12 036 000	12 224 000	10 642 000
Total Current Assets	1 210 000	2 289 000	4 068 000	9 086 000
Total Assets	15 747 000	14 324 000	16 292 000	19 729 000
Total Retained Equity	10 668 000	11 093 000	11 748 000	11 085 000
Total Equity	10 798 000	11 223 000	11 878 000	11 215 000
Total Long-Term Debt	3 148 000	719 000	909 000	561 000
Total Current Debt	1 801 000	2 382 000	3 506 000	7 952 000
Total Equity and Debt	15 747 000	14 324 000	16 292 000	19 729 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	843 000	462 000	551 000	451 000
Other Income	307 000	1 417 000	288 000	2 531 000
Revenue	1 150 000	1 879 000	839 000	2 983 000
Cost of Goods Sold	0	0	0	0
Salary Costs	374 000	305 000	295 000	313 000
Depreciation	323 000	262 000	214 000	200 000
Impairment	0	0	0	0
Expenditure	1 221 000	934 000	851 000	914 000
Operating Profit	−72 000	945 000	−12 000	2 068 000
Financial Income	50 000	192 000	749 000	90 000
Financial Costs	402 000	26 000	41 000	7 000
Financial Balance	−352 000	166 000	708 000	83 000
Dividends	0	1 550 000	0	12 000 000
Net Income	−425 000	895 000	663 000	1 678 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 901 000	7 769 000	7 935 000	8 101 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	529 000	626 000	722 000	0
Total Tangible Assets	9 430 000	8 395 000	8 657 000	8 101 000
Total Fiancial Fixed Assets	5 106 000	3 641 000	3 567 000	2 542 000
Total Fixed Assets	14 536 000	12 036 000	12 224 000	10 642 000
Stock	0	0	0	0
Total Investments	5 000	1 701 000	3 070 000	4 995 000
Cash, Bank	1 079 000	278 000	886 000	2 895 000
Total Current Assets	1 210 000	2 289 000	4 068 000	9 086 000
Total Assets	15 747 000	14 324 000	16 292 000	19 729 000
Total Equity	10 798 000	11 223 000	11 878 000	11 215 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 148 000	719 000	909 000	561 000
Creditors	22 000	24 000	16 000	18 000
Unpaid Taxes	101 000	74 000	59 000	68 000
Dividends	0	1 550 000	0	12 000 000
Other Current Debt	1 563 000	1 941 000	3 265 000	7 689 000
Total Current Debt	1 801 000	2 382 000	3 506 000	7 952 000
Total Equity and Debt	15 747 000	14 324 000	16 292 000	19 729 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,94 %	7,97 %	5,58 %	14,96 %
Debt-to-Equity Ratio	0,29	0,06	0,08	0,05
Operating Profit Margin	−6,26 %	50,29 %	−1,43 %	69,33 %
Current Ratio	0,67	0,96	1,16	1,14
Quick Ratio	0,67	0,96	1,16	1,14
Equity Ratio	0,69	0,78	0,73	0,57
Gross Profit Margin	100 %	100 %	100 %	100 %