MØRE FRES AS

6264 TENNFJORD

Finances

Share Ownership

Return on Equity

17,07 %

Current Ratio

3,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 541 000	5 093 000	6 511 000	3 653 000
Net Income	399 000	472 000	896 000	−32 000
Total Assets	3 073 000	2 942 000	2 882 000	1 852 000
Total Equity	2 337 000	1 938 000	1 466 000	570 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 541 000	5 093 000	6 511 000	3 653 000
Expenditure	6 028 000	4 492 000	5 364 000	3 688 000
Operating Profit	513 000	601 000	1 147 000	−35 000
Financial Income	1 000	4 000	1 000	0
Financial Costs	1 000	0	2 000	2 000
Financial Balance	0	4 000	−1 000	−2 000
Earnings Before Tax	513 000	605 000	1 145 000	−37 000
Tax	113 000	133 000	249 000	−4 000
Net Income	399 000	472 000	896 000	−32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	194 000	97 000	130 000	94 000
Total Current Assets	2 879 000	2 845 000	2 752 000	1 758 000
Total Assets	3 073 000	2 942 000	2 882 000	1 852 000
Total Retained Equity	2 307 000	1 908 000	1 436 000	540 000
Total Equity	2 337 000	1 938 000	1 466 000	570 000
Total Long-Term Debt	0	0	3 000	0
Total Current Debt	736 000	1 004 000	1 413 000	1 281 000
Total Equity and Debt	3 073 000	2 942 000	2 882 000	1 852 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 541 000	5 093 000	6 511 000	3 653 000
Other Income	0	0	0	0
Revenue	6 541 000	5 093 000	6 511 000	3 653 000
Cost of Goods Sold	3 114 000	1 967 000	2 926 000	1 771 000
Salary Costs	952 000	848 000	981 000	903 000
Depreciation	43 000	32 000	29 000	24 000
Impairment	0	0	0	0
Expenditure	6 028 000	4 492 000	5 364 000	3 688 000
Operating Profit	513 000	601 000	1 147 000	−35 000
Financial Income	1 000	4 000	1 000	0
Financial Costs	1 000	0	2 000	2 000
Financial Balance	0	4 000	−1 000	−2 000
Dividends	0	0	0	0
Net Income	399 000	472 000	896 000	−32 000

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	194 000	97 000	128 000	86 000
Fixtures	0	0	1 000	7 000
Total Tangible Assets	194 000	97 000	130 000	94 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	194 000	97 000	130 000	94 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 945 000	2 419 000	630 000	921 000
Total Current Assets	2 879 000	2 845 000	2 752 000	1 758 000
Total Assets	3 073 000	2 942 000	2 882 000	1 852 000
Total Equity	2 337 000	1 938 000	1 466 000	570 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	3 000	0
Creditors	446 000	616 000	706 000	1 157 000
Unpaid Taxes	70 000	187 000	371 000	50 000
Dividends	0	0	0	0
Other Current Debt	107 000	65 000	90 000	75 000
Total Current Debt	736 000	1 004 000	1 413 000	1 281 000
Total Equity and Debt	3 073 000	2 942 000	2 882 000	1 852 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,07 %	24,36 %	61,12 %	−5,61 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,84 %	11,8 %	17,62 %	−0,96 %
Current Ratio	3,91	2,83	1,95	1,37
Quick Ratio	3,91	2,83	1,95	1,37
Equity Ratio	0,76	0,66	0,51	0,31
Gross Profit Margin	52,39 %	61,38 %	55,06 %	51,52 %