MØRE MOTOR AS

6013 ÅLESUND

Finances

Share Ownership

Return on Equity

−27,84 %

Current Ratio

1,59

Debt-to-Equity Ratio

0,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 335 000	2 991 000	9 336 000	3 063 000
Net Income	−213 000	82 000	142 000	84 000
Total Assets	2 853 000	2 448 000	4 822 000	5 304 000
Total Equity	765 000	728 000	646 000	503 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 335 000	2 991 000	9 336 000	3 063 000
Expenditure	1 526 000	2 811 000	9 062 000	2 931 000
Operating Profit	−191 000	179 000	273 000	132 000
Financial Income	0	0	0	0
Financial Costs	95 000	64 000	88 000	24 000
Financial Balance	−95 000	−64 000	−88 000	−24 000
Earnings Before Tax	−286 000	115 000	185 000	108 000
Tax	−73 000	33 000	43 000	24 000
Net Income	−213 000	82 000	142 000	84 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	198 000	166 000	188 000	12 000
Total Current Assets	2 655 000	2 282 000	4 634 000	5 292 000
Total Assets	2 853 000	2 448 000	4 822 000	5 304 000
Total Retained Equity	154 000	368 000	286 000	143 000
Total Equity	765 000	728 000	646 000	503 000
Total Long-Term Debt	420 000	373 000	507 000	455 000
Total Current Debt	1 668 000	1 347 000	3 669 000	4 346 000
Total Equity and Debt	2 853 000	2 448 000	4 822 000	5 304 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 305 000	2 991 000	9 336 000	3 063 000
Other Income	30 000	0	0	0
Revenue	1 335 000	2 991 000	9 336 000	3 063 000
Cost of Goods Sold	783 000	2 114 000	8 431 000	2 733 000
Salary Costs	0	0	0	0
Depreciation	54 000	51 000	44 000	6 000
Impairment	0	0	0	0
Expenditure	1 526 000	2 811 000	9 062 000	2 931 000
Operating Profit	−191 000	179 000	273 000	132 000
Financial Income	0	0	0	0
Financial Costs	95 000	64 000	88 000	24 000
Financial Balance	−95 000	−64 000	−88 000	−24 000
Dividends	0	0	0	0
Net Income	−213 000	82 000	142 000	84 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	196 000	166 000	188 000	12 000
Total Tangible Assets	196 000	166 000	188 000	12 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	198 000	166 000	188 000	12 000
Stock	931 000	959 000	1 692 000	3 468 000
Total Investments	0	0	0	0
Cash, Bank	61 000	51 000	901 000	1 020 000
Total Current Assets	2 655 000	2 282 000	4 634 000	5 292 000
Total Assets	2 853 000	2 448 000	4 822 000	5 304 000
Total Equity	765 000	728 000	646 000	503 000
Short-Term Group Debt	281 000	72 000	0	0
Total Long-Term Debt	420 000	373 000	507 000	455 000
Creditors	674 000	618 000	3 180 000	4 137 000
Unpaid Taxes	36 000	6 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	63 000	183 000
Total Current Debt	1 668 000	1 347 000	3 669 000	4 346 000
Total Equity and Debt	2 853 000	2 448 000	4 822 000	5 304 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,84 %	11,26 %	21,98 %	16,7 %
Debt-to-Equity Ratio	0,55	0,51	0,78	0,9
Operating Profit Margin	−14,31 %	5,98 %	2,92 %	4,31 %
Current Ratio	1,59	1,69	1,26	1,22
Quick Ratio	3,6	5,88	2,34	6,03
Equity Ratio	0,27	0,3	0,13	0,09
Gross Profit Margin	41,35 %	29,32 %	9,69 %	10,77 %