MURMESTER SØRENSEN AS

4878 GRIMSTAD

Finances

Return on Equity

2,93 %

Current Ratio

1,3

Debt-to-Equity Ratio

0,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 325 000	18 764 000	23 186 000	31 218 000
Net Income	74 000	159 000	175 000	768 000
Total Assets	11 080 000	5 986 000	7 568 000	8 194 000
Total Equity	2 522 000	2 448 000	2 290 000	2 115 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 325 000	18 764 000	23 186 000	31 218 000
Expenditure	27 413 000	18 466 000	22 707 000	30 353 000
Operating Profit	222 000	298 000	318 000	1 063 000
Financial Income	0	10 000	0	19 000
Financial Costs	127 000	107 000	94 000	92 000
Financial Balance	−127 000	−97 000	−94 000	−73 000
Earnings Before Tax	95 000	201 000	224 000	989 000
Tax	21 000	43 000	50 000	221 000
Net Income	74 000	159 000	175 000	768 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 500 000	1 743 000	1 944 000	2 122 000
Total Current Assets	9 580 000	4 243 000	5 625 000	6 073 000
Total Assets	11 080 000	5 986 000	7 568 000	8 194 000
Total Retained Equity	2 422 000	2 348 000	2 190 000	2 015 000
Total Equity	2 522 000	2 448 000	2 290 000	2 115 000
Total Long-Term Debt	1 177 000	1 249 000	1 727 000	1 394 000
Total Current Debt	7 382 000	2 289 000	3 552 000	4 685 000
Total Equity and Debt	11 080 000	5 986 000	7 568 000	8 194 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 325 000	18 764 000	23 186 000	31 218 000
Other Income	0	0	0	0
Revenue	28 325 000	18 764 000	23 186 000	31 218 000
Cost of Goods Sold	15 748 000	8 316 000	11 722 000	19 050 000
Salary Costs	9 057 000	8 155 000	9 127 000	9 170 000
Depreciation	170 000	234 000	240 000	196 000
Impairment	0	0	0	0
Expenditure	27 413 000	18 466 000	22 707 000	30 353 000
Operating Profit	222 000	298 000	318 000	1 063 000
Financial Income	0	10 000	0	19 000
Financial Costs	127 000	107 000	94 000	92 000
Financial Balance	−127 000	−97 000	−94 000	−73 000
Dividends	0	0	0	0
Net Income	74 000	159 000	175 000	768 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	44 000	65 000	107 000	157 000
Real Eastate	1 276 000	1 324 000	1 372 000	1 394 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	71 000	193 000	358 000	114 000
Total Tangible Assets	1 347 000	1 517 000	1 731 000	1 898 000
Total Fiancial Fixed Assets	110 000	162 000	106 000	67 000
Total Fixed Assets	1 500 000	1 743 000	1 944 000	2 122 000
Stock	1 053 000	1 713 000	773 000	811 000
Total Investments	0	0	0	0
Cash, Bank	265 000	347 000	214 000	832 000
Total Current Assets	9 580 000	4 243 000	5 625 000	6 073 000
Total Assets	11 080 000	5 986 000	7 568 000	8 194 000
Total Equity	2 522 000	2 448 000	2 290 000	2 115 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 177 000	1 249 000	1 727 000	1 394 000
Creditors	4 097 000	750 000	548 000	2 294 000
Unpaid Taxes	873 000	761 000	1 139 000	1 180 000
Dividends	0	0	0	0
Other Current Debt	2 411 000	779 000	877 000	899 000
Total Current Debt	7 382 000	2 289 000	3 552 000	4 685 000
Total Equity and Debt	11 080 000	5 986 000	7 568 000	8 194 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,93 %	6,5 %	7,64 %	36,31 %
Debt-to-Equity Ratio	0,47	0,51	0,75	0,66
Operating Profit Margin	0,78 %	1,59 %	1,37 %	3,41 %
Current Ratio	1,3	1,85	1,58	1,3
Quick Ratio	1,51	7,37	2,02	1,57
Equity Ratio	0,23	0,41	0,3	0,26
Gross Profit Margin	44,4 %	55,68 %	49,44 %	38,98 %