MORWEN AS

1410 KOLBOTN

Finances

Return on Equity

−6,23 %

Current Ratio

0,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−403 000	158 000	177 000	143 000
Total Assets	8 486 000	9 677 000	9 849 000	9 773 000
Total Equity	6 467 000	6 870 000	9 713 000	9 535 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	17 000	16 000	11 000	8 000
Operating Profit	−17 000	−16 000	−11 000	−8 000
Financial Income	392 000	388 000	229 000	192 000
Financial Costs	706 000	206 000	2 000	0
Financial Balance	−314 000	182 000	227 000	192 000
Earnings Before Tax	−331 000	166 000	217 000	184 000
Tax	72 000	9 000	40 000	41 000
Net Income	−403 000	158 000	177 000	143 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 998 000	7 654 000	7 243 000	9 573 000
Total Current Assets	488 000	2 022 000	2 606 000	200 000
Total Assets	8 486 000	9 677 000	9 849 000	9 773 000
Total Retained Equity	6 437 000	6 840 000	9 683 000	9 505 000
Total Equity	6 467 000	6 870 000	9 713 000	9 535 000
Total Long-Term Debt	0	0	1 000	0
Total Current Debt	2 019 000	2 806 000	135 000	237 000
Total Equity and Debt	8 486 000	9 677 000	9 849 000	9 773 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	17 000	16 000	11 000	8 000
Operating Profit	−17 000	−16 000	−11 000	−8 000
Financial Income	392 000	388 000	229 000	192 000
Financial Costs	706 000	206 000	2 000	0
Financial Balance	−314 000	182 000	227 000	192 000
Dividends	0	3 000 000	0	0
Net Income	−403 000	158 000	177 000	143 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	7 998 000	7 654 000	7 243 000	9 573 000
Total Fixed Assets	7 998 000	7 654 000	7 243 000	9 573 000
Stock	0	0	0	0
Total Investments	127 000	1 947 000	1 340 000	0
Cash, Bank	361 000	75 000	1 267 000	180 000
Total Current Assets	488 000	2 022 000	2 606 000	200 000
Total Assets	8 486 000	9 677 000	9 849 000	9 773 000
Total Equity	6 467 000	6 870 000	9 713 000	9 535 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	3 000 000	0	0
Other Current Debt	1 947 000	2 797 000	97 000	197 000
Total Current Debt	2 019 000	2 806 000	135 000	237 000
Total Equity and Debt	8 486 000	9 677 000	9 849 000	9 773 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,23 %	2,3 %	1,82 %	1,5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	0,24	0,72	19,3	0,84
Quick Ratio	0,24	0,72	19,3	0,84
Equity Ratio	0,76	0,71	0,99	0,98
Gross Profit Margin	-	-	-	-