MØRE LOGISTIC AS

6590 TUSTNA

Finances

Share Ownership

Return on Equity

−68,53 %

Current Ratio

0,42

Debt-to-Equity Ratio

4,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	43 328 000	40 456 000	27 765 000	21 857 000
Net Income	−5 093 000	2 064 000	2 651 000	169 000
Total Assets	51 503 000	42 347 000	18 886 000	16 384 000
Total Equity	7 432 000	12 526 000	6 461 000	3 811 000

Income (NOK)	2022	2021	2020	2019
Revenue	43 328 000	40 456 000	27 765 000	21 857 000
Expenditure	47 042 000	37 767 000	24 490 000	21 354 000
Operating Profit	−3 715 000	2 689 000	3 274 000	502 000
Financial Income	0	1 000	1 000	3 000
Financial Costs	1 469 000	681 000	252 000	288 000
Financial Balance	−1 469 000	−680 000	−251 000	−285 000
Earnings Before Tax	−5 184 000	2 009 000	3 024 000	217 000
Tax	−91 000	−55 000	373 000	48 000
Net Income	−5 093 000	2 064 000	2 651 000	169 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	45 700 000	31 507 000	8 397 000	10 381 000
Total Current Assets	5 803 000	10 841 000	10 489 000	6 003 000
Total Assets	51 503 000	42 347 000	18 886 000	16 384 000
Total Retained Equity	2 932 000	8 026 000	5 961 000	3 311 000
Total Equity	7 432 000	12 526 000	6 461 000	3 811 000
Total Long-Term Debt	30 116 000	24 776 000	7 566 000	8 853 000
Total Current Debt	13 954 000	5 045 000	4 859 000	3 720 000
Total Equity and Debt	51 503 000	42 347 000	18 886 000	16 384 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	43 328 000	39 776 000	27 765 000	21 782 000
Other Income	0	680 000	0	74 000
Revenue	43 328 000	40 456 000	27 765 000	21 857 000
Cost of Goods Sold	2 078 000	560 000	887 000	776 000
Salary Costs	17 762 000	14 222 000	10 854 000	8 258 000
Depreciation	3 430 000	2 552 000	1 568 000	1 258 000
Impairment	0	0	0	0
Expenditure	47 042 000	37 767 000	24 490 000	21 354 000
Operating Profit	−3 715 000	2 689 000	3 274 000	502 000
Financial Income	0	1 000	1 000	3 000
Financial Costs	1 469 000	681 000	252 000	288 000
Financial Balance	−1 469 000	−680 000	−251 000	−285 000
Dividends	0	0	0	0
Net Income	−5 093 000	2 064 000	2 651 000	169 000

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	0	0
Fixtures	1 544 000	974 000	535 000	211 000
Total Tangible Assets	37 159 000	31 303 000	7 411 000	8 534 000
Total Fiancial Fixed Assets	8 541 000	204 000	986 000	1 847 000
Total Fixed Assets	45 700 000	31 507 000	8 397 000	10 381 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	942 000	3 788 000	6 135 000	2 219 000
Total Current Assets	5 803 000	10 841 000	10 489 000	6 003 000
Total Assets	51 503 000	42 347 000	18 886 000	16 384 000
Total Equity	7 432 000	12 526 000	6 461 000	3 811 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	30 116 000	24 776 000	7 566 000	8 853 000
Creditors	3 673 000	2 027 000	1 185 000	1 672 000
Unpaid Taxes	2 206 000	1 603 000	1 483 000	1 278 000
Dividends	0	0	0	0
Other Current Debt	4 480 000	1 297 000	2 047 000	770 000
Total Current Debt	13 954 000	5 045 000	4 859 000	3 720 000
Total Equity and Debt	51 503 000	42 347 000	18 886 000	16 384 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−68,53 %	16,48 %	41,03 %	4,43 %
Debt-to-Equity Ratio	4,05	1,98	1,17	2,32
Operating Profit Margin	−8,57 %	6,65 %	11,79 %	2,3 %
Current Ratio	0,42	2,15	2,16	1,61
Quick Ratio	0,42	2,15	2,16	1,61
Equity Ratio	0,14	0,3	0,34	0,23
Gross Profit Margin	95,2 %	98,62 %	96,81 %	96,45 %