ESPEN S. MØLLER AS

1400 SKI

Finances

Share Ownership

Return on Equity

21,6 %

Current Ratio

2,73

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 811 000	3 156 000	1 655 000	405 000
Net Income	270 000	344 000	368 000	223 000
Total Assets	2 112 000	1 749 000	1 284 000	405 000
Total Equity	1 250 000	980 000	637 000	269 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 811 000	3 156 000	1 655 000	405 000
Expenditure	4 458 000	2 706 000	1 184 000	127 000
Operating Profit	353 000	450 000	472 000	279 000
Financial Income	2 000	0	0	0
Financial Costs	10 000	9 000	0	0
Financial Balance	−8 000	−9 000	0	0
Earnings Before Tax	346 000	441 000	472 000	279 000
Tax	76 000	97 000	104 000	56 000
Net Income	270 000	344 000	368 000	223 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	510 000	656 000	83 000	18 000
Total Current Assets	1 601 000	1 092 000	1 201 000	386 000
Total Assets	2 112 000	1 749 000	1 284 000	405 000
Total Retained Equity	1 220 000	950 000	607 000	239 000
Total Equity	1 250 000	980 000	637 000	269 000
Total Long-Term Debt	275 000	352 000	2 000	0
Total Current Debt	586 000	416 000	646 000	135 000
Total Equity and Debt	2 112 000	1 749 000	1 284 000	405 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 811 000	3 156 000	1 655 000	405 000
Other Income	0	0	0	0
Revenue	4 811 000	3 156 000	1 655 000	405 000
Cost of Goods Sold	2 296 000	1 559 000	655 000	54 000
Salary Costs	1 417 000	667 000	258 000	0
Depreciation	163 000	127 000	14 000	6 000
Impairment	0	0	0	0
Expenditure	4 458 000	2 706 000	1 184 000	127 000
Operating Profit	353 000	450 000	472 000	279 000
Financial Income	2 000	0	0	0
Financial Costs	10 000	9 000	0	0
Financial Balance	−8 000	−9 000	0	0
Dividends	0	0	0	0
Net Income	270 000	344 000	368 000	223 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	71 000	0
Fixtures	510 000	656 000	12 000	18 000
Total Tangible Assets	510 000	656 000	83 000	18 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	510 000	656 000	83 000	18 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 055 000	1 056 000	1 051 000	299 000
Total Current Assets	1 601 000	1 092 000	1 201 000	386 000
Total Assets	2 112 000	1 749 000	1 284 000	405 000
Total Equity	1 250 000	980 000	637 000	269 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	275 000	352 000	2 000	0
Creditors	171 000	158 000	245 000	0
Unpaid Taxes	194 000	103 000	271 000	75 000
Dividends	0	0	0	0
Other Current Debt	141 000	71 000	27 000	5 000
Total Current Debt	586 000	416 000	646 000	135 000
Total Equity and Debt	2 112 000	1 749 000	1 284 000	405 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,6 %	35,1 %	57,77 %	82,9 %
Debt-to-Equity Ratio	0,22	0,36	0	0
Operating Profit Margin	7,34 %	14,26 %	28,52 %	68,89 %
Current Ratio	2,73	2,63	1,86	2,86
Quick Ratio	2,73	2,63	1,86	2,86
Equity Ratio	0,59	0,56	0,5	0,66
Gross Profit Margin	52,28 %	50,6 %	60,42 %	86,67 %