MOROAND AS

4073 RANDABERG

Finances

Return on Equity

65,13 %

Current Ratio

2,58

Debt-to-Equity Ratio

0,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	387 000	270 000	293 000	270 000
Net Income	17 368 000	699 000	−5 921 000	−166 000
Total Assets	51 996 000	26 099 000	25 135 000	31 071 000
Total Equity	26 666 000	9 298 000	8 599 000	14 521 000

Income (NOK)	2022	2021	2020	2019
Revenue	387 000	270 000	293 000	270 000
Expenditure	188 000	153 000	126 000	124 000
Operating Profit	199 000	117 000	166 000	146 000
Financial Income	3 661 000	3 000	0	256 000
Financial Costs	−13 508 000	−579 000	6 087 000	568 000
Financial Balance	17 169 000	582 000	−6 087 000	−312 000
Earnings Before Tax	17 368 000	699 000	−5 921 000	−166 000
Tax	0	0	0	0
Net Income	17 368 000	699 000	−5 921 000	−166 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 354 000	3 690 000	3 690 000	3 690 000
Total Current Assets	41 642 000	22 409 000	21 445 000	27 381 000
Total Assets	51 996 000	26 099 000	25 135 000	31 071 000
Total Retained Equity	25 666 000	8 298 000	7 599 000	13 521 000
Total Equity	26 666 000	9 298 000	8 599 000	14 521 000
Total Long-Term Debt	9 198 000	2 940 000	3 080 000	3 220 000
Total Current Debt	16 132 000	13 860 000	13 456 000	13 330 000
Total Equity and Debt	51 996 000	26 099 000	25 135 000	31 071 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	387 000	270 000	293 000	270 000
Revenue	387 000	270 000	293 000	270 000
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	188 000	153 000	126 000	124 000
Operating Profit	199 000	117 000	166 000	146 000
Financial Income	3 661 000	3 000	0	256 000
Financial Costs	−13 508 000	−579 000	6 087 000	568 000
Financial Balance	17 169 000	582 000	−6 087 000	−312 000
Dividends	0	0	0	0
Net Income	17 368 000	699 000	−5 921 000	−166 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 354 000	3 690 000	3 690 000	3 690 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	10 354 000	3 690 000	3 690 000	3 690 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 354 000	3 690 000	3 690 000	3 690 000
Stock	0	0	0	0
Total Investments	40 099 000	22 392 000	21 423 000	27 365 000
Cash, Bank	1 534 000	13 000	18 000	12 000
Total Current Assets	41 642 000	22 409 000	21 445 000	27 381 000
Total Assets	51 996 000	26 099 000	25 135 000	31 071 000
Total Equity	26 666 000	9 298 000	8 599 000	14 521 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 198 000	2 940 000	3 080 000	3 220 000
Creditors	15 000	27 000	4 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	8 331 000	6 060 000	5 718 000	5 583 000
Total Current Debt	16 132 000	13 860 000	13 456 000	13 330 000
Total Equity and Debt	51 996 000	26 099 000	25 135 000	31 071 000

Financial indicators	2022	2021	2020	2019
Return on Equity	65,13 %	7,52 %	−68,86 %	−1,14 %
Debt-to-Equity Ratio	0,34	0,32	0,36	0,22
Operating Profit Margin	51,42 %	43,33 %	56,66 %	54,07 %
Current Ratio	2,58	1,62	1,59	2,05
Quick Ratio	2,58	1,62	1,59	2,05
Equity Ratio	0,51	0,36	0,34	0,47
Gross Profit Margin	100 %	100 %	100 %	100 %