MØRENOT HOLDING AS

6010 ÅLESUND

Finances

Return on Equity

−14,57 %

Current Ratio

1,47

Debt-to-Equity Ratio

1,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 394 722 000	1 335 054 000	1 260 135 000	1 152 814 000
Net Income	−70 675 000	−15 112 000	−85 236 000	−57 053 000
Total Assets	1 589 513 000	1 578 001 000	1 622 704 000	1 572 673 000
Total Equity	485 161 000	546 521 000	589 366 000	681 908 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 394 722 000	1 335 054 000	1 260 135 000	1 152 814 000
Expenditure	1 438 810 000	1 345 993 000	1 283 566 000	1 183 623 000
Operating Profit	−44 088 000	−10 939 000	−23 431 000	−30 809 000
Financial Income	24 559 000	35 444 000	7 469 000	9 947 000
Financial Costs	59 892 000	43 184 000	67 029 000	45 110 000
Financial Balance	−35 333 000	−7 740 000	−59 560 000	−35 163 000
Earnings Before Tax	−79 421 000	−18 679 000	−82 991 000	−65 972 000
Tax	−8 746 000	−3 567 000	2 245 000	−8 919 000
Net Income	−70 675 000	−15 112 000	−85 236 000	−57 053 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	829 777 000	878 195 000	962 222 000	964 939 000
Total Current Assets	759 736 000	699 806 000	660 482 000	607 734 000
Total Assets	1 589 513 000	1 578 001 000	1 622 704 000	1 572 673 000
Total Retained Equity	−214 491 000	−153 060 000	−131 945 000	−33 627 000
Total Equity	485 161 000	546 521 000	589 366 000	681 908 000
Total Long-Term Debt	587 012 000	591 132 000	618 025 000	550 186 000
Total Current Debt	517 340 000	440 346 000	415 313 000	340 579 000
Total Equity and Debt	1 589 513 000	1 577 999 000	1 622 704 000	1 572 673 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 381 993 000	1 277 839 000	1 234 802 000	1 133 351 000
Other Income	12 729 000	57 215 000	25 333 000	19 463 000
Revenue	1 394 722 000	1 335 054 000	1 260 135 000	1 152 814 000
Cost of Goods Sold	798 817 000	674 506 000	656 093 000	608 610 000
Salary Costs	355 483 000	376 155 000	339 298 000	292 994 000
Depreciation	115 206 000	112 958 000	110 106 000	89 614 000
Impairment	0	0	0	0
Expenditure	1 438 810 000	1 345 993 000	1 283 566 000	1 183 623 000
Operating Profit	−44 088 000	−10 939 000	−23 431 000	−30 809 000
Financial Income	24 559 000	35 444 000	7 469 000	9 947 000
Financial Costs	59 892 000	43 184 000	67 029 000	45 110 000
Financial Balance	−35 333 000	−7 740 000	−59 560 000	−35 163 000
Dividends	0	0	0	0
Net Income	−70 675 000	−15 112 000	−85 236 000	−57 053 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	164 305 000	191 483 000	219 620 000	247 807 000
Total Intangible Assets	306 745 000	331 093 000	371 800 000	427 516 000
Real Eastate	326 122 000	319 310 000	352 671 000	339 720 000
Machinery and Plant Facilities	161 041 000	118 602 000	152 796 000	94 174 000
Fixtures	20 001 000	91 896 000	59 872 000	89 997 000
Total Tangible Assets	507 164 000	529 808 000	565 339 000	523 890 000
Total Fiancial Fixed Assets	15 868 000	17 294 000	25 083 000	13 533 000
Total Fixed Assets	829 777 000	878 195 000	962 222 000	964 939 000
Stock	484 460 000	386 940 000	394 985 000	368 613 000
Total Investments	0	0	0	0
Cash, Bank	74 933 000	44 000 000	73 180 000	53 590 000
Total Current Assets	759 736 000	699 806 000	660 482 000	607 734 000
Total Assets	1 589 513 000	1 578 001 000	1 622 704 000	1 572 673 000
Total Equity	485 161 000	546 521 000	589 366 000	681 908 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	587 012 000	591 132 000	618 025 000	550 186 000
Creditors	243 878 000	215 585 000	147 874 000	111 944 000
Unpaid Taxes	28 849 000	40 378 000	35 740 000	24 298 000
Dividends	0	0	0	0
Other Current Debt	159 791 000	154 681 000	73 221 000	83 390 000
Total Current Debt	517 340 000	440 346 000	415 313 000	340 579 000
Total Equity and Debt	1 589 513 000	1 577 999 000	1 622 704 000	1 572 673 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,57 %	−2,77 %	−14,46 %	−8,37 %
Debt-to-Equity Ratio	1,21	1,08	1,05	0,81
Operating Profit Margin	−3,16 %	−0,82 %	−1,86 %	−2,67 %
Current Ratio	1,47	1,59	1,59	1,78
Quick Ratio	23,11	13,1	32,49	−21,68
Equity Ratio	0,31	0,35	0,36	0,43
Gross Profit Margin	42,73 %	49,48 %	47,93 %	47,21 %