MOVEL AS

0160 OSLO

Finances

Share Ownership

Return on Equity

−1 617,23 %

Current Ratio

0,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 380 000	7 217 000	6 477 000	6 933 000
Net Income	−8 070 000	−2 543 000	−1 250 000	−2 175 000
Total Assets	7 164 000	2 352 000	1 559 000	3 028 000
Total Equity	499 000	−929 000	434 000	680 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 380 000	7 217 000	6 477 000	6 933 000
Expenditure	24 459 000	9 764 000	7 729 000	9 111 000
Operating Profit	−8 079 000	−2 548 000	−1 252 000	−2 177 000
Financial Income	22 000	6 000	2 000	2 000
Financial Costs	13 000	2 000	0	0
Financial Balance	9 000	4 000	2 000	2 000
Earnings Before Tax	−8 070 000	−2 543 000	−1 250 000	−2 175 000
Tax	0	0	0	0
Net Income	−8 070 000	−2 543 000	−1 250 000	−2 175 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	610 000	28 000	57 000	85 000
Total Current Assets	6 554 000	2 324 000	1 502 000	2 943 000
Total Assets	7 164 000	2 352 000	1 559 000	3 028 000
Total Retained Equity	−15 120 000	−7 050 000	−4 507 000	−3 257 000
Total Equity	499 000	−929 000	434 000	680 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 666 000	3 281 000	1 124 000	2 347 000
Total Equity and Debt	7 164 000	2 352 000	1 559 000	3 028 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 380 000	7 217 000	6 477 000	6 896 000
Other Income	0	0	0	37 000
Revenue	16 380 000	7 217 000	6 477 000	6 933 000
Cost of Goods Sold	15 808 000	6 324 000	5 053 000	6 574 000
Salary Costs	5 473 000	1 887 000	1 380 000	1 580 000
Depreciation	156 000	28 000	28 000	10 000
Impairment	0	0	0	0
Expenditure	24 459 000	9 764 000	7 729 000	9 111 000
Operating Profit	−8 079 000	−2 548 000	−1 252 000	−2 177 000
Financial Income	22 000	6 000	2 000	2 000
Financial Costs	13 000	2 000	0	0
Financial Balance	9 000	4 000	2 000	2 000
Dividends	0	0	0	0
Net Income	−8 070 000	−2 543 000	−1 250 000	−2 175 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	610 000	28 000	57 000	85 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	610 000	28 000	57 000	85 000
Stock	80 000	124 000	56 000	188 000
Total Investments	0	0	0	0
Cash, Bank	1 751 000	1 220 000	817 000	2 111 000
Total Current Assets	6 554 000	2 324 000	1 502 000	2 943 000
Total Assets	7 164 000	2 352 000	1 559 000	3 028 000
Total Equity	499 000	−929 000	434 000	680 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 211 000	527 000	806 000	521 000
Unpaid Taxes	689 000	178 000	96 000	283 000
Dividends	0	0	0	0
Other Current Debt	4 766 000	2 576 000	222 000	1 542 000
Total Current Debt	6 666 000	3 281 000	1 124 000	2 347 000
Total Equity and Debt	7 164 000	2 352 000	1 559 000	3 028 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 617,23 %	273,74 %	−288,02 %	−319,85 %
Debt-to-Equity Ratio	0	−0	0	0
Operating Profit Margin	−49,32 %	−35,31 %	−19,33 %	−31,4 %
Current Ratio	0,98	0,71	1,34	1,25
Quick Ratio	1	0,74	1,41	1,36
Equity Ratio	0,07	−0,39	0,28	0,22
Gross Profit Margin	3,49 %	12,37 %	21,99 %	5,18 %