MORGENSTJERNEN AS

1365 BLOMMENHOLM

Finances

Return on Equity

−12,22 %

Current Ratio

0,08

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	38 000	125 000	30 000
Net Income	−1 480 000	5 741 000	28 000	4 651 000
Total Assets	20 808 000	17 485 000	11 229 000	13 719 000
Total Equity	12 113 000	13 968 000	8 727 000	8 699 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	38 000	125 000	30 000
Expenditure	582 000	692 000	564 000	1 021 000
Operating Profit	−582 000	−654 000	−439 000	−991 000
Financial Income	216 000	6 539 000	642 000	5 894 000
Financial Costs	303 000	144 000	175 000	251 000
Financial Balance	−87 000	6 395 000	467 000	5 643 000
Earnings Before Tax	−669 000	5 741 000	28 000	4 651 000
Tax	812 000	0	0	0
Net Income	−1 480 000	5 741 000	28 000	4 651 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 333 000	17 392 000	7 794 000	7 802 000
Total Current Assets	475 000	93 000	3 435 000	5 917 000
Total Assets	20 808 000	17 485 000	11 229 000	13 719 000
Total Retained Equity	11 842 000	13 698 000	8 457 000	8 429 000
Total Equity	12 113 000	13 968 000	8 727 000	8 699 000
Total Long-Term Debt	2 469 000	0	0	0
Total Current Debt	6 226 000	3 517 000	2 502 000	5 020 000
Total Equity and Debt	20 808 000	17 485 000	11 229 000	13 719 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	38 000	125 000	30 000
Revenue	0	38 000	125 000	30 000
Cost of Goods Sold	0	0	0	0
Salary Costs	31 000	19 000	15 000	137 000
Depreciation	0	0	7 000	13 000
Impairment	0	0	0	0
Expenditure	582 000	692 000	564 000	1 021 000
Operating Profit	−582 000	−654 000	−439 000	−991 000
Financial Income	216 000	6 539 000	642 000	5 894 000
Financial Costs	303 000	144 000	175 000	251 000
Financial Balance	−87 000	6 395 000	467 000	5 643 000
Dividends	0	0	0	0
Net Income	−1 480 000	5 741 000	28 000	4 651 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 693 000	7 693 000	7 693 000	7 693 000
Machinery and Plant Facilities	0	0	0	7 000
Fixtures	0	58 000	58 000	58 000
Total Tangible Assets	7 693 000	7 751 000	7 751 000	7 758 000
Total Fiancial Fixed Assets	12 640 000	9 641 000	44 000	44 000
Total Fixed Assets	20 333 000	17 392 000	7 794 000	7 802 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	33 000	4 000	2 000
Total Current Assets	475 000	93 000	3 435 000	5 917 000
Total Assets	20 808 000	17 485 000	11 229 000	13 719 000
Total Equity	12 113 000	13 968 000	8 727 000	8 699 000
Short-Term Group Debt	1 831 000	1 639 000	0	845 000
Total Long-Term Debt	2 469 000	0	0	0
Creditors	41 000	45 000	5 000	6 000
Unpaid Taxes	3 000	3 000	0	0
Dividends	0	0	0	0
Other Current Debt	3 539 000	1 830 000	2 497 000	4 168 000
Total Current Debt	6 226 000	3 517 000	2 502 000	5 020 000
Total Equity and Debt	20 808 000	17 485 000	11 229 000	13 719 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,22 %	41,1 %	0,32 %	53,47 %
Debt-to-Equity Ratio	0,2	0	0	0
Operating Profit Margin	-	−1 721,05 %	−351,2 %	−3 303,33 %
Current Ratio	0,08	0,03	1,37	1,18
Quick Ratio	0,08	0,03	1,37	1,18
Equity Ratio	0,58	0,8	0,78	0,63
Gross Profit Margin	-	100 %	100 %	100 %