MORITZ VATLE & SØNN AS

5260 INDRE ARNA

Finances

Return on Equity

6,44 %

Current Ratio

2,25

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 939 000	7 134 000	6 341 000	5 313 000
Net Income	138 000	245 000	665 000	−263 000
Total Assets	3 935 000	4 261 000	3 906 000	2 120 000
Total Equity	2 144 000	2 005 000	2 010 000	1 345 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 939 000	7 134 000	6 341 000	5 313 000
Expenditure	5 753 000	6 796 000	5 533 000	5 577 000
Operating Profit	185 000	339 000	807 000	−264 000
Financial Income	7 000	10 000	12 000	8 000
Financial Costs	12 000	14 000	29 000	7 000
Financial Balance	−5 000	−4 000	−17 000	1 000
Earnings Before Tax	180 000	334 000	790 000	−263 000
Tax	41 000	89 000	125 000	0
Net Income	138 000	245 000	665 000	−263 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	275 000	390 000	573 000	280 000
Total Current Assets	3 659 000	3 871 000	3 334 000	1 839 000
Total Assets	3 935 000	4 261 000	3 906 000	2 120 000
Total Retained Equity	1 744 000	1 605 000	1 610 000	945 000
Total Equity	2 144 000	2 005 000	2 010 000	1 345 000
Total Long-Term Debt	163 000	244 000	361 000	109 000
Total Current Debt	1 628 000	2 011 000	1 535 000	665 000
Total Equity and Debt	3 935 000	4 261 000	3 906 000	2 120 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 939 000	7 134 000	6 272 000	5 313 000
Other Income	0	0	69 000	0
Revenue	5 939 000	7 134 000	6 341 000	5 313 000
Cost of Goods Sold	2 263 000	3 303 000	2 558 000	2 418 000
Salary Costs	2 854 000	2 806 000	2 368 000	2 632 000
Depreciation	114 000	183 000	173 000	76 000
Impairment	0	0	0	0
Expenditure	5 753 000	6 796 000	5 533 000	5 577 000
Operating Profit	185 000	339 000	807 000	−264 000
Financial Income	7 000	10 000	12 000	8 000
Financial Costs	12 000	14 000	29 000	7 000
Financial Balance	−5 000	−4 000	−17 000	1 000
Dividends	0	250 000	0	0
Net Income	138 000	245 000	665 000	−263 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	36 000	37 000	37 000	38 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	184 000	298 000	480 000	182 000
Total Tangible Assets	220 000	334 000	517 000	220 000
Total Fiancial Fixed Assets	55 000	55 000	55 000	60 000
Total Fixed Assets	275 000	390 000	573 000	280 000
Stock	261 000	139 000	176 000	137 000
Total Investments	0	0	0	0
Cash, Bank	1 747 000	2 007 000	1 410 000	972 000
Total Current Assets	3 659 000	3 871 000	3 334 000	1 839 000
Total Assets	3 935 000	4 261 000	3 906 000	2 120 000
Total Equity	2 144 000	2 005 000	2 010 000	1 345 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	163 000	244 000	361 000	109 000
Creditors	711 000	654 000	632 000	106 000
Unpaid Taxes	567 000	725 000	538 000	286 000
Dividends	0	250 000	0	0
Other Current Debt	309 000	543 000	240 000	274 000
Total Current Debt	1 628 000	2 011 000	1 535 000	665 000
Total Equity and Debt	3 935 000	4 261 000	3 906 000	2 120 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,44 %	12,22 %	33,08 %	−19,55 %
Debt-to-Equity Ratio	0,08	0,12	0,18	0,08
Operating Profit Margin	3,12 %	4,75 %	12,73 %	−4,97 %
Current Ratio	2,25	1,92	2,17	2,77
Quick Ratio	2,68	2,07	2,45	3,48
Equity Ratio	0,54	0,47	0,51	0,63
Gross Profit Margin	61,9 %	53,7 %	59,66 %	54,49 %