MORENEVEIEN AS

3158 ANDEBU

Finances

Share Ownership

Return on Equity

64,39 %

Current Ratio

5,92

Debt-to-Equity Ratio

−11,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	450 000	240 000	240 000	240 000
Net Income	−367 000	−519 000	−382 000	−674 000
Total Assets	6 182 000	7 069 000	7 304 000	7 552 000
Total Equity	−570 000	−203 000	316 000	697 000

Income (NOK)	2022	2021	2020	2019
Revenue	450 000	240 000	240 000	240 000
Expenditure	748 000	509 000	433 000	713 000
Operating Profit	−298 000	−269 000	−193 000	−472 000
Financial Income	18 000	30 000	15 000	39 000
Financial Costs	86 000	280 000	204 000	241 000
Financial Balance	−68 000	−250 000	−189 000	−202 000
Earnings Before Tax	−367 000	−519 000	−382 000	−674 000
Tax	0	0	0	0
Net Income	−367 000	−519 000	−382 000	−674 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 602 000	5 882 000	5 721 000	6 049 000
Total Current Assets	580 000	1 187 000	1 582 000	1 503 000
Total Assets	6 182 000	7 069 000	7 304 000	7 552 000
Total Retained Equity	−1 074 000	−707 000	−2 526 000	−674 000
Total Equity	−570 000	−203 000	316 000	697 000
Total Long-Term Debt	6 654 000	7 267 000	6 988 000	6 784 000
Total Current Debt	98 000	5 000	0	70 000
Total Equity and Debt	6 182 000	7 069 000	7 304 000	7 552 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 000	0	240 000	240 000
Other Income	415 000	240 000	0	0
Revenue	450 000	240 000	240 000	240 000
Cost of Goods Sold	0	0	0	0
Salary Costs	42 000	0	0	0
Depreciation	286 000	306 000	328 000	352 000
Impairment	0	0	0	0
Expenditure	748 000	509 000	433 000	713 000
Operating Profit	−298 000	−269 000	−193 000	−472 000
Financial Income	18 000	30 000	15 000	39 000
Financial Costs	86 000	280 000	204 000	241 000
Financial Balance	−68 000	−250 000	−189 000	−202 000
Dividends	0	0	0	0
Net Income	−367 000	−519 000	−382 000	−674 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 129 000	5 415 000	5 721 000	6 049 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 129 000	5 415 000	5 721 000	6 049 000
Total Fiancial Fixed Assets	473 000	467 000	0	0
Total Fixed Assets	5 602 000	5 882 000	5 721 000	6 049 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	570 000	1 187 000	918 000	1 079 000
Total Current Assets	580 000	1 187 000	1 582 000	1 503 000
Total Assets	6 182 000	7 069 000	7 304 000	7 552 000
Total Equity	−570 000	−203 000	316 000	697 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 654 000	7 267 000	6 988 000	6 784 000
Creditors	4 000	1 000	5 000	0
Unpaid Taxes	2 000	4 000	−5 000	70 000
Dividends	0	0	0	0
Other Current Debt	92 000	0	0	0
Total Current Debt	98 000	5 000	0	70 000
Total Equity and Debt	6 182 000	7 069 000	7 304 000	7 552 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,39 %	255,67 %	−120,89 %	−96,7 %
Debt-to-Equity Ratio	−11,67	−35,8	22,11	9,73
Operating Profit Margin	−66,22 %	−112,08 %	−80,42 %	−196,67 %
Current Ratio	5,92	237,4	-	21,47
Quick Ratio	5,92	237,4	-	21,47
Equity Ratio	−0,09	−0,03	0,04	0,09
Gross Profit Margin	100 %	100 %	100 %	100 %