MØRE DIESEL AS

6018 ÅLESUND

Finances

Share Ownership

Return on Equity

18,37 %

Current Ratio

2,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 500 000	7 959 000	8 048 000	7 381 000
Net Income	495 000	522 000	903 000	628 000
Total Assets	4 201 000	3 958 000	3 601 000	2 556 000
Total Equity	2 694 000	2 198 000	1 976 000	1 523 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 500 000	7 959 000	8 048 000	7 381 000
Expenditure	7 883 000	7 248 000	6 986 000	6 552 000
Operating Profit	616 000	711 000	1 062 000	828 000
Financial Income	103 000	35 000	137 000	7 000
Financial Costs	93 000	71 000	62 000	25 000
Financial Balance	10 000	−36 000	75 000	−18 000
Earnings Before Tax	626 000	675 000	1 136 000	810 000
Tax	130 000	153 000	233 000	182 000
Net Income	495 000	522 000	903 000	628 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	104 000	71 000	70 000	83 000
Total Current Assets	4 098 000	3 887 000	3 531 000	2 473 000
Total Assets	4 201 000	3 958 000	3 601 000	2 556 000
Total Retained Equity	2 673 000	2 177 000	1 955 000	1 502 000
Total Equity	2 694 000	2 198 000	1 976 000	1 523 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 508 000	1 759 000	1 625 000	1 033 000
Total Equity and Debt	4 201 000	3 958 000	3 601 000	2 556 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 500 000	7 950 000	8 048 000	7 381 000
Other Income	0	9 000	0	0
Revenue	8 500 000	7 959 000	8 048 000	7 381 000
Cost of Goods Sold	5 349 000	5 097 000	5 233 000	4 964 000
Salary Costs	1 463 000	1 158 000	863 000	808 000
Depreciation	23 000	17 000	17 000	9 000
Impairment	0	0	0	0
Expenditure	7 883 000	7 248 000	6 986 000	6 552 000
Operating Profit	616 000	711 000	1 062 000	828 000
Financial Income	103 000	35 000	137 000	7 000
Financial Costs	93 000	71 000	62 000	25 000
Financial Balance	10 000	−36 000	75 000	−18 000
Dividends	0	300 000	450 000	0
Net Income	495 000	522 000	903 000	628 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 000	26 000	8 000	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	86 000	45 000	62 000	78 000
Total Tangible Assets	86 000	45 000	62 000	78 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	104 000	71 000	70 000	83 000
Stock	1 493 000	1 236 000	1 157 000	943 000
Total Investments	779 000	766 000	786 000	0
Cash, Bank	1 383 000	1 385 000	1 217 000	1 093 000
Total Current Assets	4 098 000	3 887 000	3 531 000	2 473 000
Total Assets	4 201 000	3 958 000	3 601 000	2 556 000
Total Equity	2 694 000	2 198 000	1 976 000	1 523 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	443 000	453 000	578 000	533 000
Unpaid Taxes	266 000	295 000	278 000	257 000
Dividends	0	300 000	450 000	0
Other Current Debt	677 000	540 000	82 000	62 000
Total Current Debt	1 508 000	1 759 000	1 625 000	1 033 000
Total Equity and Debt	4 201 000	3 958 000	3 601 000	2 556 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,37 %	23,75 %	45,7 %	41,23 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,25 %	8,93 %	13,2 %	11,22 %
Current Ratio	2,72	2,21	2,17	2,39
Quick Ratio	273,2	7,43	7,54	27,48
Equity Ratio	0,64	0,56	0,55	0,6
Gross Profit Margin	37,07 %	35,96 %	34,98 %	32,75 %