MØRE BÅTSERVICE AS

6507 KRISTIANSUND N

Finances

Share Ownership

Return on Equity

1,23 %

Current Ratio

1,44

Debt-to-Equity Ratio

1,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 408 000	18 298 000	20 100 000	17 456 000
Net Income	82 000	1 206 000	722 000	245 000
Total Assets	23 238 000	22 283 000	21 204 000	24 370 000
Total Equity	6 666 000	6 585 000	5 379 000	4 657 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 408 000	18 298 000	20 100 000	17 456 000
Expenditure	17 685 000	16 192 000	18 442 000	16 268 000
Operating Profit	722 000	2 105 000	1 658 000	1 188 000
Financial Income	41 000	9 000	17 000	87 000
Financial Costs	653 000	582 000	770 000	999 000
Financial Balance	−612 000	−573 000	−753 000	−912 000
Earnings Before Tax	110 000	1 532 000	905 000	276 000
Tax	29 000	337 000	213 000	117 000
Net Income	82 000	1 206 000	722 000	245 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 186 000	12 524 000	12 863 000	13 201 000
Total Current Assets	11 052 000	9 759 000	8 341 000	11 169 000
Total Assets	23 238 000	22 283 000	21 204 000	24 370 000
Total Retained Equity	6 261 000	6 180 000	4 974 000	4 252 000
Total Equity	6 666 000	6 585 000	5 379 000	4 657 000
Total Long-Term Debt	8 899 000	9 446 000	10 209 000	11 112 000
Total Current Debt	7 672 000	6 252 000	5 616 000	8 600 000
Total Equity and Debt	23 238 000	22 283 000	21 204 000	24 370 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 408 000	18 301 000	19 770 000	17 396 000
Other Income	0	−3 000	330 000	60 000
Revenue	18 408 000	18 298 000	20 100 000	17 456 000
Cost of Goods Sold	10 581 000	9 023 000	12 128 000	9 335 000
Salary Costs	4 927 000	5 253 000	4 791 000	4 999 000
Depreciation	338 000	338 000	338 000	346 000
Impairment	0	0	0	0
Expenditure	17 685 000	16 192 000	18 442 000	16 268 000
Operating Profit	722 000	2 105 000	1 658 000	1 188 000
Financial Income	41 000	9 000	17 000	87 000
Financial Costs	653 000	582 000	770 000	999 000
Financial Balance	−612 000	−573 000	−753 000	−912 000
Dividends	0	0	0	0
Net Income	82 000	1 206 000	722 000	245 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 180 000	12 518 000	12 856 000	13 194 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	12 180 000	12 518 000	12 856 000	13 194 000
Total Fiancial Fixed Assets	6 000	6 000	6 000	6 000
Total Fixed Assets	12 186 000	12 524 000	12 863 000	13 201 000
Stock	10 268 000	8 298 000	7 571 000	10 483 000
Total Investments	0	0	0	0
Cash, Bank	145 000	71 000	101 000	149 000
Total Current Assets	11 052 000	9 759 000	8 341 000	11 169 000
Total Assets	23 238 000	22 283 000	21 204 000	24 370 000
Total Equity	6 666 000	6 585 000	5 379 000	4 657 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 899 000	9 446 000	10 209 000	11 112 000
Creditors	3 794 000	2 808 000	1 818 000	1 571 000
Unpaid Taxes	341 000	206 000	316 000	1 108 000
Dividends	0	0	0	0
Other Current Debt	678 000	574 000	431 000	458 000
Total Current Debt	7 672 000	6 252 000	5 616 000	8 600 000
Total Equity and Debt	23 238 000	22 283 000	21 204 000	24 370 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,23 %	18,31 %	13,42 %	5,26 %
Debt-to-Equity Ratio	1,33	1,43	1,9	2,39
Operating Profit Margin	3,92 %	11,5 %	8,25 %	6,81 %
Current Ratio	1,44	1,56	1,49	1,3
Quick Ratio	−4,26	−4,77	−4,27	−5,93
Equity Ratio	0,29	0,3	0,25	0,19
Gross Profit Margin	42,52 %	50,69 %	39,66 %	46,52 %