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MORKEN AS
AS
Active
Org 947712233
Dronningens Gate 14, 7011 Trondheim
Retail sale of watches and jewellery · NACE 4777
Est. 1988
7 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 6,4M
-5% vs 2023
EBITDA margin
4.7%
-43% vs 2023
Equity ratio
72.0%
Financial strength
Net profit 2024
NOK 226K
-43% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
1M
2020
1M
0%
2021
1M
0%
2022
1M
0%
2023
0M
-100%
2024
Key figures
Annual report 2024
Revenue
NOK 6,4M
-5%
EBITDA
NOK 300K
-43%
Net profit
NOK 226K
-43%
Total assets
NOK 5,1M
+2%
Equity
NOK 3,6M
+7%
Employees
7
—
Company information
Legal name
MORKEN AS
Org number
947712233
Legal form
Aksjeselskap
NACE code
4777 · Retail sale of watches and jewellery
Founded
22. juni 1988
Share capital
—
Employees
7 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Dronningens Gate 14, 7011 Trondheim
Phone
+4773522860
Email
gullsmed@morken.nu
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Explore
Companies in Retail sale of watches and jewellery
Companies in Trondheim
All Norway companies
Revenue
NOK millions
0M
2M
4M
6M
8M
5M
2020
6M
2021
7M
2022
7M
2023
6M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
1M
2020
1M
2021
1M
2022
1M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
5 393
6 417
6 548
6 711
6 368
Staff expenses
−1 292
−1 643
−1 683
−1 802
−1 778
EBITDA
596
719
674
529
300
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
596
719
674
529
300
Net financials
−20
−15
−6
−20
−11
Profit before tax
576
704
668
509
289
Tax
127
155
147
112
63
Net profit
450
549
521
397
226
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
3 034
3 486
4 265
4 969
5 067
Equity
1 955
2 503
3 024
3 421
3 647
Long-term debt
300
300
300
300
300
Short-term debt
779
682
941
1 248
1 120
Total debt
1 079
982
1 241
1 548
1 420
Financial ratios
5-year trend
EBITDA margin
4.7%
This company
15.8%
Market median
-70% vs market
2020
2024
Equity ratio
72.0%
This company
38.2%
Market median
+88% vs market
2020
2024
Return on equity
6.2%
This company
18.4%
Market median
-66% vs market
2020
2024
Net profit margin
3.5%
This company
8.1%
Market median
-57% vs market
2020
2024
Asset turnover
1.26×
This company
1.12×
Market median
+12% vs market
2020
2024
Debt / equity
0.39×
This company
0.62×
Market median
+37% vs market
2020
2024
Annual reports & filings
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
HM
Henriette Morken
Deputy Member
Deputy Member
2014
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
RO
Ragnfrid Oline Morken
Chairman
2014
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Morken Holding As
Company
100%
100%
2024
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Company hierarchy
Morken Holding As
MORKEN AS
(this company)
Board network connections
Board members of MORKEN AS also hold positions in
0
other companies.
Person
Role here
Other companies
Henriette Morken
Deputy Member
0 companies
Ragnfrid Oline Morken
Chairman
0 companies