MORGAN R LARSEN AS

0580 OSLO

Finances

Share Ownership

Return on Equity

1 038,69 %

Current Ratio

1,09

Debt-to-Equity Ratio

4,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 297 000	4 752 000	3 228 000	2 203 000
Net Income	1 423 000	1 426 000	1 177 000	484 000
Total Assets	3 342 000	6 128 000	4 182 000	3 215 000
Total Equity	137 000	136 000	2 604 000	1 426 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 297 000	4 752 000	3 228 000	2 203 000
Expenditure	2 471 000	2 924 000	1 720 000	1 581 000
Operating Profit	1 827 000	1 829 000	1 508 000	621 000
Financial Income	0	2 000	3 000	3 000
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	−1 000	1 000	2 000	2 000
Earnings Before Tax	1 826 000	1 830 000	1 511 000	623 000
Tax	403 000	404 000	333 000	139 000
Net Income	1 423 000	1 426 000	1 177 000	484 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	565 000	669 000	1 982 000	1 987 000
Total Current Assets	2 777 000	5 459 000	2 200 000	1 228 000
Total Assets	3 342 000	6 128 000	4 182 000	3 215 000
Total Retained Equity	34 000	33 000	2 501 000	1 324 000
Total Equity	137 000	136 000	2 604 000	1 426 000
Total Long-Term Debt	655 000	753 000	937 000	1 368 000
Total Current Debt	2 550 000	5 239 000	641 000	421 000
Total Equity and Debt	3 342 000	6 128 000	4 182 000	3 215 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 297 000	3 952 000	3 177 000	2 102 000
Other Income	0	800 000	51 000	101 000
Revenue	4 297 000	4 752 000	3 228 000	2 203 000
Cost of Goods Sold	920 000	1 507 000	606 000	458 000
Salary Costs	973 000	776 000	663 000	693 000
Depreciation	129 000	163 000	75 000	81 000
Impairment	0	0	0	0
Expenditure	2 471 000	2 924 000	1 720 000	1 581 000
Operating Profit	1 827 000	1 829 000	1 508 000	621 000
Financial Income	0	2 000	3 000	3 000
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	−1 000	1 000	2 000	2 000
Dividends	1 422 000	3 893 000	0	0
Net Income	1 423 000	1 426 000	1 177 000	484 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	1 700 000	1 700 000
Machinery and Plant Facilities	146 000	183 000	107 000	70 000
Fixtures	377 000	439 000	154 000	202 000
Total Tangible Assets	523 000	622 000	1 961 000	1 973 000
Total Fiancial Fixed Assets	42 000	47 000	21 000	15 000
Total Fixed Assets	565 000	669 000	1 982 000	1 987 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 274 000	4 379 000	1 433 000	738 000
Total Current Assets	2 777 000	5 459 000	2 200 000	1 228 000
Total Assets	3 342 000	6 128 000	4 182 000	3 215 000
Total Equity	137 000	136 000	2 604 000	1 426 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	655 000	753 000	937 000	1 368 000
Creditors	147 000	704 000	68 000	21 000
Unpaid Taxes	495 000	163 000	173 000	190 000
Dividends	1 422 000	3 893 000	0	0
Other Current Debt	90 000	74 000	67 000	70 000
Total Current Debt	2 550 000	5 239 000	641 000	421 000
Total Equity and Debt	3 342 000	6 128 000	4 182 000	3 215 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 038,69 %	1 048,53 %	45,2 %	33,94 %
Debt-to-Equity Ratio	4,78	5,54	0,36	0,96
Operating Profit Margin	42,52 %	38,49 %	46,72 %	28,19 %
Current Ratio	1,09	1,04	3,43	2,92
Quick Ratio	1,09	1,04	3,43	2,92
Equity Ratio	0,04	0,02	0,62	0,44
Gross Profit Margin	78,59 %	68,29 %	81,23 %	79,21 %