ING. STEINAR MORKEN AS

2624 LILLEHAMMER

Finances

Share Ownership

Return on Equity

6,24 %

Current Ratio

4,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	231 000	36 000	261 000	309 000
Net Income	77 000	−60 000	117 000	57 000
Total Assets	1 620 000	1 790 000	2 146 000	2 381 000
Total Equity	1 234 000	1 457 000	1 817 000	2 000 000

Income (NOK)	2022	2021	2020	2019
Revenue	231 000	36 000	261 000	309 000
Expenditure	160 000	108 000	143 000	245 000
Operating Profit	70 000	−71 000	119 000	64 000
Financial Income	12 000	10 000	32 000	7 000
Financial Costs	0	0	0	0
Financial Balance	12 000	10 000	32 000	7 000
Earnings Before Tax	81 000	−61 000	150 000	70 000
Tax	4 000	−1 000	33 000	13 000
Net Income	77 000	−60 000	117 000	57 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 000	13 000	19 000	142 000
Total Current Assets	1 617 000	1 777 000	2 127 000	2 238 000
Total Assets	1 620 000	1 790 000	2 146 000	2 381 000
Total Retained Equity	1 134 000	1 357 000	1 717 000	1 900 000
Total Equity	1 234 000	1 457 000	1 817 000	2 000 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	386 000	334 000	329 000	381 000
Total Equity and Debt	1 620 000	1 790 000	2 146 000	2 381 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	231 000	36 000	25 000	309 000
Other Income	0	0	236 000	0
Revenue	231 000	36 000	261 000	309 000
Cost of Goods Sold	0	0	0	0
Salary Costs	67 000	10 000	9 000	8 000
Depreciation	10 000	7 000	43 000	88 000
Impairment	0	0	0	0
Expenditure	160 000	108 000	143 000	245 000
Operating Profit	70 000	−71 000	119 000	64 000
Financial Income	12 000	10 000	32 000	7 000
Financial Costs	0	0	0	0
Financial Balance	12 000	10 000	32 000	7 000
Dividends	300 000	0	0	300 000
Net Income	77 000	−60 000	117 000	57 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	3 000	2 000	2 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	32 000
Fixtures	0	10 000	17 000	109 000
Total Tangible Assets	0	10 000	17 000	141 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 000	13 000	19 000	142 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 544 000	1 777 000	2 127 000	2 092 000
Total Current Assets	1 617 000	1 777 000	2 127 000	2 238 000
Total Assets	1 620 000	1 790 000	2 146 000	2 381 000
Total Equity	1 234 000	1 457 000	1 817 000	2 000 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	1 000	5 000
Unpaid Taxes	82 000	0	−5 000	56 000
Dividends	300 000	0	0	300 000
Other Current Debt	0	0	0	6 000
Total Current Debt	386 000	334 000	329 000	381 000
Total Equity and Debt	1 620 000	1 790 000	2 146 000	2 381 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,24 %	−4,12 %	6,44 %	2,85 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	30,3 %	−197,22 %	45,59 %	20,71 %
Current Ratio	4,19	5,32	6,47	5,87
Quick Ratio	4,19	5,32	6,47	5,87
Equity Ratio	0,76	0,81	0,85	0,84
Gross Profit Margin	100 %	100 %	100 %	100 %