MØREKVAM INVEST AS

3560 HEMSEDAL

Finances

Share Ownership

Return on Equity

2,17 %

Current Ratio

123,41

Debt-to-Equity Ratio

0,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	179 000	147 000	177 000	172 000
Net Income	40 000	31 000	319 000	74 000
Total Assets	3 592 000	3 549 000	3 113 000	1 946 000
Total Equity	1 843 000	1 803 000	1 772 000	606 000

Income (NOK)	2022	2021	2020	2019
Revenue	179 000	147 000	177 000	172 000
Expenditure	60 000	71 000	63 000	53 000
Operating Profit	118 000	76 000	114 000	120 000
Financial Income	0	0	0	0
Financial Costs	67 000	36 000	35 000	46 000
Financial Balance	−67 000	−36 000	−35 000	−46 000
Earnings Before Tax	51 000	40 000	80 000	74 000
Tax	11 000	9 000	−239 000	0
Net Income	40 000	31 000	319 000	74 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 494 000	1 494 000	1 494 000	1 494 000
Total Current Assets	2 098 000	2 055 000	1 619 000	452 000
Total Assets	3 592 000	3 549 000	3 113 000	1 946 000
Total Retained Equity	396 000	356 000	325 000	6 000
Total Equity	1 843 000	1 803 000	1 772 000	606 000
Total Long-Term Debt	1 731 000	1 731 000	1 331 000	1 331 000
Total Current Debt	17 000	15 000	10 000	9 000
Total Equity and Debt	3 592 000	3 549 000	3 113 000	1 946 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	179 000	147 000	177 000	172 000
Other Income	0	0	0	0
Revenue	179 000	147 000	177 000	172 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	60 000	71 000	63 000	53 000
Operating Profit	118 000	76 000	114 000	120 000
Financial Income	0	0	0	0
Financial Costs	67 000	36 000	35 000	46 000
Financial Balance	−67 000	−36 000	−35 000	−46 000
Dividends	0	0	0	0
Net Income	40 000	31 000	319 000	74 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 494 000	1 494 000	1 494 000	1 494 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 494 000	1 494 000	1 494 000	1 494 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 494 000	1 494 000	1 494 000	1 494 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 001 000	958 000	522 000	441 000
Total Current Assets	2 098 000	2 055 000	1 619 000	452 000
Total Assets	3 592 000	3 549 000	3 113 000	1 946 000
Total Equity	1 843 000	1 803 000	1 772 000	606 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 731 000	1 731 000	1 331 000	1 331 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 000	6 000	10 000	9 000
Total Current Debt	17 000	15 000	10 000	9 000
Total Equity and Debt	3 592 000	3 549 000	3 113 000	1 946 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,17 %	1,72 %	18 %	12,21 %
Debt-to-Equity Ratio	0,94	0,96	0,75	2,2
Operating Profit Margin	65,92 %	51,7 %	64,41 %	69,77 %
Current Ratio	123,41	137	161,9	50,22
Quick Ratio	123,41	137	161,9	50,22
Equity Ratio	0,51	0,51	0,57	0,31
Gross Profit Margin	100 %	100 %	100 %	100 %