MØRLAND SKO AS

4836 ARENDAL

Finances

Return on Equity

15,51 %

Current Ratio

1,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 149 000	22 069 000	19 582 000	24 469 000
Net Income	749 000	699 000	−224 000	120 000
Total Assets	11 940 000	8 872 000	8 227 000	9 158 000
Total Equity	4 830 000	4 581 000	4 383 000	4 607 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 149 000	22 069 000	19 582 000	24 469 000
Expenditure	23 150 000	21 174 000	19 815 000	24 212 000
Operating Profit	1 000 000	895 000	−233 000	258 000
Financial Income	8 000	15 000	10 000	8 000
Financial Costs	53 000	26 000	45 000	53 000
Financial Balance	−45 000	−11 000	−35 000	−45 000
Earnings Before Tax	955 000	883 000	−268 000	212 000
Tax	206 000	185 000	−44 000	92 000
Net Income	749 000	699 000	−224 000	120 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 316 000	802 000	1 002 000	1 038 000
Total Current Assets	10 624 000	8 071 000	7 225 000	8 121 000
Total Assets	11 940 000	8 872 000	8 227 000	9 158 000
Total Retained Equity	4 730 000	4 481 000	4 283 000	4 507 000
Total Equity	4 830 000	4 581 000	4 383 000	4 607 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 109 000	4 291 000	3 844 000	4 552 000
Total Equity and Debt	11 940 000	8 872 000	8 227 000	9 158 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 149 000	22 069 000	19 391 000	24 346 000
Other Income	0	0	191 000	123 000
Revenue	24 149 000	22 069 000	19 582 000	24 469 000
Cost of Goods Sold	10 977 000	10 176 000	9 196 000	11 112 000
Salary Costs	6 693 000	6 247 000	5 869 000	7 402 000
Depreciation	329 000	200 000	376 000	522 000
Impairment	0	0	0	0
Expenditure	23 150 000	21 174 000	19 815 000	24 212 000
Operating Profit	1 000 000	895 000	−233 000	258 000
Financial Income	8 000	15 000	10 000	8 000
Financial Costs	53 000	26 000	45 000	53 000
Financial Balance	−45 000	−11 000	−35 000	−45 000
Dividends	500 000	0	0	0
Net Income	749 000	699 000	−224 000	120 000

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	1 181 000	633 000	792 000	748 000
Total Tangible Assets	1 314 000	800 000	1 000 000	1 036 000
Total Fiancial Fixed Assets	2 000	2 000	2 000	2 000
Total Fixed Assets	1 316 000	802 000	1 002 000	1 038 000
Stock	8 798 000	6 099 000	6 463 000	6 886 000
Total Investments	0	0	0	0
Cash, Bank	1 738 000	1 918 000	563 000	1 030 000
Total Current Assets	10 624 000	8 071 000	7 225 000	8 121 000
Total Assets	11 940 000	8 872 000	8 227 000	9 158 000
Total Equity	4 830 000	4 581 000	4 383 000	4 607 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 480 000	1 008 000	796 000	924 000
Unpaid Taxes	724 000	1 024 000	807 000	926 000
Dividends	500 000	0	0	0
Other Current Debt	2 699 000	2 073 000	2 241 000	2 609 000
Total Current Debt	7 109 000	4 291 000	3 844 000	4 552 000
Total Equity and Debt	11 940 000	8 872 000	8 227 000	9 158 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,51 %	15,26 %	−5,11 %	2,6 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,14 %	4,06 %	−1,19 %	1,05 %
Current Ratio	1,49	1,88	1,88	1,78
Quick Ratio	−6,29	−4,46	−2,76	−3,48
Equity Ratio	0,4	0,52	0,53	0,5
Gross Profit Margin	54,54 %	53,89 %	53,04 %	54,59 %