MØRE RØR AS

6230 SYKKYLVEN

Finances

Share Ownership

Return on Equity

21,81 %

Current Ratio

1,79

Debt-to-Equity Ratio

0,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 577 000	11 234 000	8 993 000	9 550 000
Net Income	825 000	350 000	397 000	452 000
Total Assets	9 694 000	8 639 000	8 245 000	7 620 000
Total Equity	3 783 000	3 458 000	3 107 000	2 710 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 577 000	11 234 000	8 993 000	9 550 000
Expenditure	10 382 000	10 676 000	8 375 000	8 762 000
Operating Profit	1 194 000	559 000	618 000	787 000
Financial Income	21 000	18 000	24 000	18 000
Financial Costs	156 000	127 000	133 000	206 000
Financial Balance	−135 000	−109 000	−109 000	−188 000
Earnings Before Tax	1 059 000	450 000	509 000	600 000
Tax	234 000	100 000	112 000	148 000
Net Income	825 000	350 000	397 000	452 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 699 000	4 819 000	4 624 000	4 677 000
Total Current Assets	4 995 000	3 820 000	3 621 000	2 943 000
Total Assets	9 694 000	8 639 000	8 245 000	7 620 000
Total Retained Equity	3 764 000	3 438 000	3 088 000	2 691 000
Total Equity	3 783 000	3 458 000	3 107 000	2 710 000
Total Long-Term Debt	3 117 000	3 237 000	3 230 000	3 271 000
Total Current Debt	2 794 000	1 944 000	1 908 000	1 639 000
Total Equity and Debt	9 694 000	8 639 000	8 245 000	7 620 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 383 000	11 118 000	8 942 000	9 537 000
Other Income	194 000	116 000	51 000	13 000
Revenue	11 577 000	11 234 000	8 993 000	9 550 000
Cost of Goods Sold	4 567 000	5 007 000	3 703 000	3 791 000
Salary Costs	4 506 000	4 418 000	3 594 000	3 311 000
Depreciation	125 000	118 000	78 000	92 000
Impairment	0	0	0	0
Expenditure	10 382 000	10 676 000	8 375 000	8 762 000
Operating Profit	1 194 000	559 000	618 000	787 000
Financial Income	21 000	18 000	24 000	18 000
Financial Costs	156 000	127 000	133 000	206 000
Financial Balance	−135 000	−109 000	−109 000	−188 000
Dividends	500 000	0	0	0
Net Income	825 000	350 000	397 000	452 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 471 000	4 515 000	4 513 000	4 556 000
Machinery and Plant Facilities	0	0	29 000	42 000
Fixtures	227 000	296 000	60 000	37 000
Total Tangible Assets	4 699 000	4 811 000	4 601 000	4 635 000
Total Fiancial Fixed Assets	0	8 000	22 000	42 000
Total Fixed Assets	4 699 000	4 819 000	4 624 000	4 677 000
Stock	1 472 000	1 347 000	1 266 000	1 063 000
Total Investments	0	0	0	0
Cash, Bank	1 608 000	1 406 000	981 000	705 000
Total Current Assets	4 995 000	3 820 000	3 621 000	2 943 000
Total Assets	9 694 000	8 639 000	8 245 000	7 620 000
Total Equity	3 783 000	3 458 000	3 107 000	2 710 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 117 000	3 237 000	3 230 000	3 271 000
Creditors	453 000	408 000	555 000	380 000
Unpaid Taxes	791 000	625 000	513 000	494 000
Dividends	500 000	0	0	0
Other Current Debt	827 000	800 000	744 000	633 000
Total Current Debt	2 794 000	1 944 000	1 908 000	1 639 000
Total Equity and Debt	9 694 000	8 639 000	8 245 000	7 620 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,81 %	10,12 %	12,78 %	16,68 %
Debt-to-Equity Ratio	0,82	0,94	1,04	1,21
Operating Profit Margin	10,31 %	4,98 %	6,87 %	8,24 %
Current Ratio	1,79	1,97	1,9	1,8
Quick Ratio	3,78	6,4	5,64	5,11
Equity Ratio	0,39	0,4	0,38	0,36
Gross Profit Margin	60,55 %	55,43 %	58,82 %	60,3 %