MORRO AS

5956 HUNDVIN

Finances

Return on Equity

9,59 %

Current Ratio

2,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	373 000	420 000	364 000	256 000
Net Income	468 000	661 000	635 000	616 000
Total Assets	5 589 000	5 956 000	5 649 000	5 149 000
Total Equity	4 879 000	4 980 000	5 119 000	4 883 000

Income (NOK)	2022	2021	2020	2019
Revenue	373 000	420 000	364 000	256 000
Expenditure	339 000	247 000	225 000	133 000
Operating Profit	35 000	173 000	139 000	123 000
Financial Income	448 000	531 000	531 000	527 000
Financial Costs	0	0	0	0
Financial Balance	448 000	531 000	531 000	527 000
Earnings Before Tax	482 000	703 000	670 000	651 000
Tax	14 000	42 000	34 000	34 000
Net Income	468 000	661 000	635 000	616 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 993 000	4 079 000	4 165 000	4 251 000
Total Current Assets	1 596 000	1 876 000	1 484 000	898 000
Total Assets	5 589 000	5 956 000	5 649 000	5 149 000
Total Retained Equity	4 779 000	4 880 000	5 019 000	4 783 000
Total Equity	4 879 000	4 980 000	5 119 000	4 883 000
Total Long-Term Debt	8 000	22 000	35 000	47 000
Total Current Debt	702 000	954 000	496 000	219 000
Total Equity and Debt	5 589 000	5 956 000	5 649 000	5 149 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	71 000	0	0
Other Income	373 000	349 000	364 000	256 000
Revenue	373 000	420 000	364 000	256 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	86 000	86 000	86 000	46 000
Impairment	0	0	0	0
Expenditure	339 000	247 000	225 000	133 000
Operating Profit	35 000	173 000	139 000	123 000
Financial Income	448 000	531 000	531 000	527 000
Financial Costs	0	0	0	0
Financial Balance	448 000	531 000	531 000	527 000
Dividends	569 000	800 000	400 000	135 000
Net Income	468 000	661 000	635 000	616 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 736 000	3 822 000	3 908 000	3 994 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 736 000	3 822 000	3 908 000	3 994 000
Total Fiancial Fixed Assets	257 000	257 000	257 000	257 000
Total Fixed Assets	3 993 000	4 079 000	4 165 000	4 251 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 219 000	1 160 000	908 000	343 000
Total Current Assets	1 596 000	1 876 000	1 484 000	898 000
Total Assets	5 589 000	5 956 000	5 649 000	5 149 000
Total Equity	4 879 000	4 980 000	5 119 000	4 883 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 000	22 000	35 000	47 000
Creditors	39 000	3 000	0	0
Unpaid Taxes	22 000	66 000	38 000	47 000
Dividends	569 000	800 000	400 000	135 000
Other Current Debt	44 000	831 000	11 000	135 000
Total Current Debt	702 000	954 000	496 000	219 000
Total Equity and Debt	5 589 000	5 956 000	5 649 000	5 149 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,59 %	13,27 %	12,4 %	12,62 %
Debt-to-Equity Ratio	0	0	0,01	0,01
Operating Profit Margin	9,38 %	41,19 %	38,19 %	48,05 %
Current Ratio	2,27	1,97	2,99	4,1
Quick Ratio	2,27	1,97	2,99	4,1
Equity Ratio	0,87	0,84	0,91	0,95
Gross Profit Margin	100 %	100 %	100 %	100 %