Morrow Bank ASA

Name: Morrow Bank ASA Financial Statements
Creator: AlphaPilot

MOBA.OL · OSL

	12/31/2024	12/31/2023	12/31/2022	12/31/2021
Revenue	NOK 1,829	NOK 1,414	NOK 915	NOK 958
% Growth	29.4%	54.6%	-4.5%	–
Cost of Goods Sold	NOK 552	NOK 360	NOK 114	NOK 82
Gross Profit	NOK 1,277	NOK 1,054	NOK 801	NOK 876
% Margin	69.8%	74.5%	87.6%	91.5%
R&D Expenses	NOK 0	NOK 0	NOK 0	NOK 0
G&A Expenses	NOK 141	NOK 146	NOK 148	NOK 125
SG&A Expenses	NOK 163	NOK 168	NOK 184	NOK 157
Sales & Mktg Exp.	NOK 22	NOK 23	NOK 36	NOK 32
Other Operating Expenses	NOK 832	NOK 679	NOK 616	NOK 997
Operating Expenses	NOK 995	NOK 848	NOK 799	NOK 1,154
Operating Income	NOK 281	NOK 206	NOK 2	-NOK 278
% Margin	15.4%	14.6%	0.2%	-29%
Other Income/Exp. Net	NOK 0	NOK 0	NOK 0	NOK 0
Pre-Tax Income	NOK 281	NOK 206	NOK 2	-NOK 278
Tax Expense	NOK 73	NOK 55	NOK 1	-NOK 69
Net Income	NOK 189	NOK 152	NOK 1	-NOK 209
% Margin	10.4%	10.7%	0.1%	-21.8%
EPS	0.82	0.62	-0.07	-1.19
% Growth	32.3%	985.7%	94.1%	–
EPS Diluted	0.81	0.61	-0.07	-1.19
Weighted Avg Shares Out	231	215	187	187
Weighted Avg Shares Out Dil	234	218	191	187
Supplemental Information	–	–	–	–
Interest Income	NOK 1,944	NOK 1,566	NOK 1,037	NOK 965
Interest Expense	NOK 552	NOK 360	NOK 114	NOK 82
Depreciation & Amortization	NOK 44	NOK 36	NOK 172	NOK 77
EBITDA	NOK 325	NOK 242	NOK 173	-NOK 201
% Margin	17.8%	17.1%	19%	-21%