MORELLEN AS

1392 VETTRE

Finances

Return on Equity

5,47 %

Current Ratio

24,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	9 050 000	47 911 000	6 552 000	7 395 000
Total Assets	167 987 000	166 538 000	118 528 000	115 918 000
Total Equity	165 406 000	162 356 000	114 445 000	111 893 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	154 000	119 000	101 000	84 000
Operating Profit	−154 000	−119 000	−101 000	−84 000
Financial Income	9 637 000	48 238 000	6 720 000	8 915 000
Financial Costs	433 000	207 000	67 000	1 436 000
Financial Balance	9 204 000	48 031 000	6 653 000	7 479 000
Earnings Before Tax	9 050 000	47 911 000	6 552 000	7 395 000
Tax	0	0	0	0
Net Income	9 050 000	47 911 000	6 552 000	7 395 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	105 386 000	118 366 000	95 669 000	92 634 000
Total Current Assets	62 601 000	48 172 000	22 859 000	23 284 000
Total Assets	167 987 000	166 538 000	118 528 000	115 918 000
Total Retained Equity	108 114 000	105 064 000	57 153 000	54 601 000
Total Equity	165 406 000	162 356 000	114 445 000	111 893 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 582 000	4 182 000	4 084 000	4 026 000
Total Equity and Debt	167 987 000	166 538 000	118 528 000	115 918 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
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	154 000	119 000	101 000	84 000
Operating Profit	−154 000	−119 000	−101 000	−84 000
Financial Income	9 637 000	48 238 000	6 720 000	8 915 000
Financial Costs	433 000	207 000	67 000	1 436 000
Financial Balance	9 204 000	48 031 000	6 653 000	7 479 000
Dividends	0	0	4 000 000	0
Net Income	9 050 000	47 911 000	6 552 000	7 395 000

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	105 386 000	118 366 000	95 669 000	92 634 000
Total Fixed Assets	105 386 000	118 366 000	95 669 000	92 634 000
Stock	0	0	0	0
Total Investments	14 779 000	13 915 000	16 781 000	16 868 000
Cash, Bank	47 822 000	33 542 000	6 078 000	6 199 000
Total Current Assets	62 601 000	48 172 000	22 859 000	23 284 000
Total Assets	167 987 000	166 538 000	118 528 000	115 918 000
Total Equity	165 406 000	162 356 000	114 445 000	111 893 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	4 000 000	0
Other Current Debt	2 577 000	4 182 000	84 000	4 026 000
Total Current Debt	2 582 000	4 182 000	4 084 000	4 026 000
Total Equity and Debt	167 987 000	166 538 000	118 528 000	115 918 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,47 %	29,51 %	5,73 %	6,61 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	24,25	11,52	5,6	5,78
Quick Ratio	24,25	11,52	5,6	5,78
Equity Ratio	0,98	0,97	0,97	0,97
Gross Profit Margin	-	-	-	-