MORCAS AS

3021 DRAMMEN

Finances

Return on Equity

66,95 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 534 000	1 403 000	1 170 000	1 245 000
Net Income	399 000	951 000	218 000	438 000
Total Assets	1 945 000	1 484 000	1 183 000	1 334 000
Total Equity	596 000	1 197 000	946 000	1 028 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 534 000	1 403 000	1 170 000	1 245 000
Expenditure	1 112 000	1 108 000	975 000	1 172 000
Operating Profit	422 000	295 000	195 000	73 000
Financial Income	71 000	717 000	23 000	366 000
Financial Costs	1 000	39 000	0	0
Financial Balance	70 000	678 000	23 000	366 000
Earnings Before Tax	492 000	973 000	218 000	438 000
Tax	93 000	23 000	0	0
Net Income	399 000	951 000	218 000	438 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	597 000	737 000	377 000	377 000
Total Current Assets	1 348 000	747 000	806 000	957 000
Total Assets	1 945 000	1 484 000	1 183 000	1 334 000
Total Retained Equity	496 000	1 097 000	846 000	928 000
Total Equity	596 000	1 197 000	946 000	1 028 000
Total Long-Term Debt	0	0	0	49 000
Total Current Debt	1 349 000	287 000	237 000	256 000
Total Equity and Debt	1 945 000	1 484 000	1 183 000	1 334 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 534 000	1 403 000	1 170 000	1 245 000
Other Income	0	0	0	0
Revenue	1 534 000	1 403 000	1 170 000	1 245 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 046 000	1 046 000	908 000	1 068 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 112 000	1 108 000	975 000	1 172 000
Operating Profit	422 000	295 000	195 000	73 000
Financial Income	71 000	717 000	23 000	366 000
Financial Costs	1 000	39 000	0	0
Financial Balance	70 000	678 000	23 000	366 000
Dividends	1 000 000	700 000	300 000	0
Net Income	399 000	951 000	218 000	438 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	597 000	737 000	377 000	377 000
Total Fixed Assets	597 000	737 000	377 000	377 000
Stock	0	0	0	0
Total Investments	417 000	345 000	270 000	217 000
Cash, Bank	771 000	246 000	416 000	627 000
Total Current Assets	1 348 000	747 000	806 000	957 000
Total Assets	1 945 000	1 484 000	1 183 000	1 334 000
Total Equity	596 000	1 197 000	946 000	1 028 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	49 000
Creditors	1 000	9 000	8 000	8 000
Unpaid Taxes	141 000	141 000	130 000	125 000
Dividends	1 000 000	700 000	300 000	0
Other Current Debt	114 000	114 000	98 000	123 000
Total Current Debt	1 349 000	287 000	237 000	256 000
Total Equity and Debt	1 945 000	1 484 000	1 183 000	1 334 000

Financial indicators	2022	2021	2020	2019
Return on Equity	66,95 %	79,45 %	23,04 %	42,61 %
Debt-to-Equity Ratio	0	0	0	0,05
Operating Profit Margin	27,51 %	21,03 %	16,67 %	5,86 %
Current Ratio	1	2,6	3,4	3,74
Quick Ratio	1	2,6	3,4	3,74
Equity Ratio	0,31	0,81	0,8	0,77
Gross Profit Margin	100 %	100 %	100 %	100 %