MORENEVEIEN 24 AS

1940 BJØRKELANGEN

Finances

Share Ownership

Return on Equity

28,15 %

Current Ratio

0,57

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 349 000	1 283 000	1 259 000	1 238 000
Net Income	864 000	689 000	730 000	768 000
Total Assets	4 408 000	3 998 000	5 928 000	6 246 000
Total Equity	3 069 000	3 099 000	4 893 000	4 812 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 349 000	1 283 000	1 259 000	1 238 000
Expenditure	240 000	400 000	323 000	254 000
Operating Profit	1 110 000	883 000	936 000	984 000
Financial Income	0	0	0	1 000
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	1 000
Earnings Before Tax	1 108 000	883 000	936 000	985 000
Tax	244 000	194 000	206 000	217 000
Net Income	864 000	689 000	730 000	768 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 753 000	3 911 000	4 069 000	4 227 000
Total Current Assets	655 000	86 000	1 858 000	2 019 000
Total Assets	4 408 000	3 998 000	5 928 000	6 246 000
Total Retained Equity	3 001 000	3 031 000	4 824 000	4 744 000
Total Equity	3 069 000	3 099 000	4 893 000	4 812 000
Total Long-Term Debt	191 000	199 000	206 000	143 000
Total Current Debt	1 148 000	699 000	829 000	1 291 000
Total Equity and Debt	4 408 000	3 998 000	5 928 000	6 246 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 349 000	1 283 000	1 259 000	1 238 000
Revenue	1 349 000	1 283 000	1 259 000	1 238 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	27 000	34 000	34 000
Depreciation	158 000	158 000	158 000	158 000
Impairment	0	0	0	0
Expenditure	240 000	400 000	323 000	254 000
Operating Profit	1 110 000	883 000	936 000	984 000
Financial Income	0	0	0	1 000
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	1 000
Dividends	0	0	650 000	650 000
Net Income	864 000	689 000	730 000	768 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 753 000	3 911 000	4 069 000	4 227 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 753 000	3 911 000	4 069 000	4 227 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 753 000	3 911 000	4 069 000	4 227 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	414 000	79 000	1 857 000	1 632 000
Total Current Assets	655 000	86 000	1 858 000	2 019 000
Total Assets	4 408 000	3 998 000	5 928 000	6 246 000
Total Equity	3 069 000	3 099 000	4 893 000	4 812 000
Short-Term Group Debt	1 146 000	618 000	0	0
Total Long-Term Debt	191 000	199 000	206 000	143 000
Creditors	2 000	16 000	5 000	4 000
Unpaid Taxes	0	0	0	76 000
Dividends	0	0	650 000	650 000
Other Current Debt	0	0	32 000	339 000
Total Current Debt	1 148 000	699 000	829 000	1 291 000
Total Equity and Debt	4 408 000	3 998 000	5 928 000	6 246 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,15 %	22,23 %	14,92 %	15,96 %
Debt-to-Equity Ratio	0,06	0,06	0,04	0,03
Operating Profit Margin	82,28 %	68,82 %	74,34 %	79,48 %
Current Ratio	0,57	0,12	2,24	1,56
Quick Ratio	0,57	0,12	2,24	1,56
Equity Ratio	0,7	0,78	0,83	0,77
Gross Profit Margin	100 %	100 %	100 %	100 %