MORSTAD TRANSPORT AS

2750 GRAN

Finances

Return on Equity

14,92 %

Current Ratio

2,45

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 736 000	4 485 000	3 623 000	3 577 000
Net Income	337 000	125 000	87 000	41 000
Total Assets	3 436 000	3 349 000	2 789 000	3 067 000
Total Equity	2 258 000	1 921 000	1 796 000	1 709 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 736 000	4 485 000	3 623 000	3 577 000
Expenditure	5 279 000	4 294 000	3 476 000	3 450 000
Operating Profit	457 000	191 000	147 000	126 000
Financial Income	7 000	5 000	0	1 000
Financial Costs	32 000	38 000	35 000	56 000
Financial Balance	−25 000	−33 000	−35 000	−55 000
Earnings Before Tax	432 000	159 000	112 000	71 000
Tax	95 000	34 000	25 000	30 000
Net Income	337 000	125 000	87 000	41 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 088 000	2 042 000	1 673 000	2 177 000
Total Current Assets	1 348 000	1 308 000	1 117 000	890 000
Total Assets	3 436 000	3 349 000	2 789 000	3 067 000
Total Retained Equity	2 048 000	1 711 000	1 586 000	1 499 000
Total Equity	2 258 000	1 921 000	1 796 000	1 709 000
Total Long-Term Debt	629 000	882 000	583 000	971 000
Total Current Debt	550 000	547 000	411 000	387 000
Total Equity and Debt	3 436 000	3 349 000	2 789 000	3 067 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 100 000	4 155 000	3 623 000	3 577 000
Other Income	636 000	330 000	0	0
Revenue	5 736 000	4 485 000	3 623 000	3 577 000
Cost of Goods Sold	1 000	115 000	74 000	66 000
Salary Costs	1 430 000	1 338 000	1 256 000	1 180 000
Depreciation	622 000	622 000	528 000	473 000
Impairment	0	0	0	0
Expenditure	5 279 000	4 294 000	3 476 000	3 450 000
Operating Profit	457 000	191 000	147 000	126 000
Financial Income	7 000	5 000	0	1 000
Financial Costs	32 000	38 000	35 000	56 000
Financial Balance	−25 000	−33 000	−35 000	−55 000
Dividends	0	0	0	0
Net Income	337 000	125 000	87 000	41 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 005 000	1 982 000	1 646 000	2 151 000
Total Tangible Assets	2 005 000	1 982 000	1 646 000	2 151 000
Total Fiancial Fixed Assets	84 000	60 000	26 000	26 000
Total Fixed Assets	2 088 000	2 042 000	1 673 000	2 177 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	971 000	835 000	683 000	507 000
Total Current Assets	1 348 000	1 308 000	1 117 000	890 000
Total Assets	3 436 000	3 349 000	2 789 000	3 067 000
Total Equity	2 258 000	1 921 000	1 796 000	1 709 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	629 000	882 000	583 000	971 000
Creditors	198 000	215 000	98 000	116 000
Unpaid Taxes	204 000	219 000	154 000	169 000
Dividends	0	0	0	0
Other Current Debt	135 000	113 000	112 000	91 000
Total Current Debt	550 000	547 000	411 000	387 000
Total Equity and Debt	3 436 000	3 349 000	2 789 000	3 067 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,92 %	6,51 %	4,84 %	2,4 %
Debt-to-Equity Ratio	0,28	0,46	0,32	0,57
Operating Profit Margin	7,97 %	4,26 %	4,06 %	3,52 %
Current Ratio	2,45	2,39	2,72	2,3
Quick Ratio	2,45	2,39	2,72	2,3
Equity Ratio	0,66	0,57	0,64	0,56
Gross Profit Margin	99,98 %	97,44 %	97,96 %	98,15 %