MØRSTAD SENTER AS

0277 OSLO

Finances

Share Ownership

Return on Equity

24,68 %

Current Ratio

1,87

Debt-to-Equity Ratio

6,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 041 000	3 642 000	4 398 000	4 690 000
Net Income	1 135 000	1 075 000	1 094 000	497 000
Total Assets	38 112 000	38 154 000	34 470 000	33 127 000
Total Equity	4 599 000	3 465 000	3 945 000	3 005 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 041 000	3 642 000	4 398 000	4 690 000
Expenditure	3 561 000	2 246 000	3 029 000	2 720 000
Operating Profit	1 480 000	1 396 000	1 369 000	1 969 000
Financial Income	0	0	0	3 000
Financial Costs	26 000	18 000	−34 000	1 334 000
Financial Balance	−26 000	−18 000	34 000	−1 331 000
Earnings Before Tax	1 455 000	1 378 000	1 402 000	638 000
Tax	320 000	303 000	309 000	140 000
Net Income	1 135 000	1 075 000	1 094 000	497 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 548 000	34 346 000	32 454 000	32 773 000
Total Current Assets	4 564 000	3 808 000	2 016 000	354 000
Total Assets	38 112 000	38 154 000	34 470 000	33 127 000
Total Retained Equity	1 246 000	111 000	591 000	−349 000
Total Equity	4 599 000	3 465 000	3 945 000	3 005 000
Total Long-Term Debt	31 075 000	30 613 000	29 089 000	29 234 000
Total Current Debt	2 437 000	4 077 000	1 436 000	888 000
Total Equity and Debt	38 112 000	38 154 000	34 470 000	33 127 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 025 000	3 642 000	4 398 000	4 690 000
Other Income	16 000	0	0	0
Revenue	5 041 000	3 642 000	4 398 000	4 690 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 639 000	1 431 000	894 000	878 000
Impairment	0	0	0	0
Expenditure	3 561 000	2 246 000	3 029 000	2 720 000
Operating Profit	1 480 000	1 396 000	1 369 000	1 969 000
Financial Income	0	0	0	3 000
Financial Costs	26 000	18 000	−34 000	1 334 000
Financial Balance	−26 000	−18 000	34 000	−1 331 000
Dividends	0	0	0	0
Net Income	1 135 000	1 075 000	1 094 000	497 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	99 000	120 000	0	169 000
Real Eastate	32 917 000	33 668 000	32 454 000	32 604 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	531 000	558 000	0	0
Total Tangible Assets	33 448 000	34 226 000	32 454 000	32 604 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	33 548 000	34 346 000	32 454 000	32 773 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	248 000	1 000	11 000	9 000
Total Current Assets	4 564 000	3 808 000	2 016 000	354 000
Total Assets	38 112 000	38 154 000	34 470 000	33 127 000
Total Equity	4 599 000	3 465 000	3 945 000	3 005 000
Short-Term Group Debt	0	1 900 000	868 000	496 000
Total Long-Term Debt	31 075 000	30 613 000	29 089 000	29 234 000
Creditors	965 000	1 987 000	422 000	163 000
Unpaid Taxes	293 000	0	46 000	200 000
Dividends	0	0	0	0
Other Current Debt	879 000	190 000	20 000	28 000
Total Current Debt	2 437 000	4 077 000	1 436 000	888 000
Total Equity and Debt	38 112 000	38 154 000	34 470 000	33 127 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,68 %	31,02 %	27,73 %	16,54 %
Debt-to-Equity Ratio	6,76	8,83	7,37	9,73
Operating Profit Margin	29,36 %	38,33 %	31,13 %	41,98 %
Current Ratio	1,87	0,93	1,4	0,4
Quick Ratio	1,87	0,93	1,4	0,4
Equity Ratio	0,12	0,09	0,11	0,09
Gross Profit Margin	100 %	100 %	100 %	100 %