MORVIK TANNLEGESENTER AS

5124 MORVIK

Finances

Share Ownership

Return on Equity

90,4 %

Current Ratio

1,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 269 000	7 396 000	6 421 000	7 260 000
Net Income	1 798 000	1 830 000	582 000	1 868 000
Total Assets	3 299 000	3 292 000	3 754 000	3 480 000
Total Equity	1 989 000	2 091 000	2 862 000	2 279 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 269 000	7 396 000	6 421 000	7 260 000
Expenditure	5 974 000	5 042 000	5 654 000	4 825 000
Operating Profit	2 295 000	2 354 000	767 000	2 436 000
Financial Income	11 000	6 000	11 000	8 000
Financial Costs	2 000	1 000	6 000	17 000
Financial Balance	9 000	5 000	5 000	−9 000
Earnings Before Tax	2 304 000	2 359 000	772 000	2 427 000
Tax	506 000	530 000	190 000	559 000
Net Income	1 798 000	1 830 000	582 000	1 868 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 080 000	1 197 000	1 341 000	1 531 000
Total Current Assets	2 219 000	2 095 000	2 413 000	1 949 000
Total Assets	3 299 000	3 292 000	3 754 000	3 480 000
Total Retained Equity	1 889 000	1 991 000	2 762 000	2 179 000
Total Equity	1 989 000	2 091 000	2 862 000	2 279 000
Total Long-Term Debt	0	0	0	107 000
Total Current Debt	1 310 000	1 201 000	892 000	1 094 000
Total Equity and Debt	3 299 000	3 292 000	3 754 000	3 480 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 269 000	7 396 000	6 421 000	7 260 000
Other Income	0	0	0	0
Revenue	8 269 000	7 396 000	6 421 000	7 260 000
Cost of Goods Sold	911 000	887 000	849 000	917 000
Salary Costs	4 088 000	3 214 000	3 774 000	3 024 000
Depreciation	117 000	196 000	263 000	281 000
Impairment	0	0	0	0
Expenditure	5 974 000	5 042 000	5 654 000	4 825 000
Operating Profit	2 295 000	2 354 000	767 000	2 436 000
Financial Income	11 000	6 000	11 000	8 000
Financial Costs	2 000	1 000	6 000	17 000
Financial Balance	9 000	5 000	5 000	−9 000
Dividends	1 900 000	2 600 000	0	400 000
Net Income	1 798 000	1 830 000	582 000	1 868 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	970 000	1 025 000	1 079 000	1 134 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	110 000	172 000	262 000	398 000
Total Tangible Assets	1 080 000	1 197 000	1 341 000	1 531 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 080 000	1 197 000	1 341 000	1 531 000
Stock	23 000	20 000	18 000	13 000
Total Investments	0	0	0	0
Cash, Bank	1 967 000	1 840 000	2 238 000	1 732 000
Total Current Assets	2 219 000	2 095 000	2 413 000	1 949 000
Total Assets	3 299 000	3 292 000	3 754 000	3 480 000
Total Equity	1 989 000	2 091 000	2 862 000	2 279 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	107 000
Creditors	125 000	180 000	12 000	15 000
Unpaid Taxes	305 000	212 000	296 000	247 000
Dividends	1 900 000	2 600 000	0	400 000
Other Current Debt	374 000	280 000	395 000	273 000
Total Current Debt	1 310 000	1 201 000	892 000	1 094 000
Total Equity and Debt	3 299 000	3 292 000	3 754 000	3 480 000

Financial indicators	2022	2021	2020	2019
Return on Equity	90,4 %	87,52 %	20,34 %	81,97 %
Debt-to-Equity Ratio	0	0	0	0,05
Operating Profit Margin	27,75 %	31,83 %	11,95 %	33,55 %
Current Ratio	1,69	1,74	2,71	1,78
Quick Ratio	1,72	1,77	2,76	1,8
Equity Ratio	0,6	0,64	0,76	0,65
Gross Profit Margin	88,98 %	88,01 %	86,78 %	87,37 %