MORGANS SKIP AS

9470 GRATANGEN

Finances

Return on Equity

−2,88 %

Current Ratio

1,57

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	88 000	603 000	110 000	327 000
Net Income	−30 000	48 000	−51 000	58 000
Total Assets	1 098 000	1 133 000	1 076 000	1 113 000
Total Equity	1 043 000	1 072 000	1 025 000	1 075 000

Income (NOK)	2022	2021	2020	2019
Revenue	88 000	603 000	110 000	327 000
Expenditure	117 000	553 000	159 000	266 000
Operating Profit	−28 000	50 000	−50 000	61 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	1 000	3 000
Financial Balance	−2 000	−1 000	−1 000	−3 000
Earnings Before Tax	−30 000	49 000	−51 000	58 000
Tax	0	1 000	0	0
Net Income	−30 000	48 000	−51 000	58 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 065 000	1 070 000	1 075 000	1 080 000
Total Current Assets	33 000	63 000	0	32 000
Total Assets	1 098 000	1 133 000	1 076 000	1 113 000
Total Retained Equity	913 000	942 000	894 000	945 000
Total Equity	1 043 000	1 072 000	1 025 000	1 075 000
Total Long-Term Debt	34 000	34 000	34 000	34 000
Total Current Debt	21 000	28 000	17 000	4 000
Total Equity and Debt	1 098 000	1 133 000	1 076 000	1 113 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	48 000	62 000	45 000	100 000
Other Income	40 000	541 000	65 000	227 000
Revenue	88 000	603 000	110 000	327 000
Cost of Goods Sold	14 000	43 000	12 000	4 000
Salary Costs	0	4 000	0	20 000
Depreciation	5 000	5 000	5 000	11 000
Impairment	0	0	0	0
Expenditure	117 000	553 000	159 000	266 000
Operating Profit	−28 000	50 000	−50 000	61 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	1 000	3 000
Financial Balance	−2 000	−1 000	−1 000	−3 000
Dividends	0	0	0	0
Net Income	−30 000	48 000	−51 000	58 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	88 000	94 000	99 000	104 000
Machinery and Plant Facilities	960 000	960 000	0	0
Fixtures	0	0	960 000	960 000
Total Tangible Assets	1 049 000	1 054 000	1 059 000	1 064 000
Total Fiancial Fixed Assets	16 000	16 000	16 000	16 000
Total Fixed Assets	1 065 000	1 070 000	1 075 000	1 080 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	28 000	61 000	0	11 000
Total Current Assets	33 000	63 000	0	32 000
Total Assets	1 098 000	1 133 000	1 076 000	1 113 000
Total Equity	1 043 000	1 072 000	1 025 000	1 075 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	34 000	34 000	34 000	34 000
Creditors	21 000	29 000	30 000	0
Unpaid Taxes	0	−3 000	−13 000	4 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	21 000	28 000	17 000	4 000
Total Equity and Debt	1 098 000	1 133 000	1 076 000	1 113 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,88 %	4,48 %	−4,98 %	5,4 %
Debt-to-Equity Ratio	0,03	0,03	0,03	0,03
Operating Profit Margin	−31,82 %	8,29 %	−45,45 %	18,65 %
Current Ratio	1,57	2,25	0	8
Quick Ratio	1,57	2,25	0	8
Equity Ratio	0,95	0,95	0,95	0,97
Gross Profit Margin	84,09 %	92,87 %	89,09 %	98,78 %