MOTOROVERHALING AS

4276 VEAVÅGEN

Finances

Share Ownership

Return on Equity

8,3 %

Current Ratio

2,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 966 000	4 770 000	5 337 000	2 390 000
Net Income	81 000	496 000	497 000	19 000
Total Assets	1 629 000	1 883 000	1 891 000	552 000
Total Equity	976 000	895 000	698 000	201 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 966 000	4 770 000	5 337 000	2 390 000
Expenditure	3 860 000	4 145 000	4 704 000	2 367 000
Operating Profit	106 000	625 000	634 000	24 000
Financial Income	1 000	16 000	4 000	1 000
Financial Costs	3 000	5 000	0	1 000
Financial Balance	−2 000	11 000	4 000	0
Earnings Before Tax	104 000	636 000	638 000	24 000
Tax	23 000	140 000	140 000	5 000
Net Income	81 000	496 000	497 000	19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	82 000	107 000	169 000	29 000
Total Current Assets	1 547 000	1 777 000	1 722 000	523 000
Total Assets	1 629 000	1 883 000	1 891 000	552 000
Total Retained Equity	954 000	873 000	677 000	180 000
Total Equity	976 000	895 000	698 000	201 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	653 000	989 000	1 192 000	351 000
Total Equity and Debt	1 629 000	1 883 000	1 891 000	552 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 965 000	4 918 000	5 188 000	2 390 000
Other Income	0	−148 000	150 000	0
Revenue	3 966 000	4 770 000	5 337 000	2 390 000
Cost of Goods Sold	1 104 000	1 394 000	2 228 000	956 000
Salary Costs	1 447 000	1 551 000	1 294 000	656 000
Depreciation	0	3 000	9 000	0
Impairment	0	0	0	0
Expenditure	3 860 000	4 145 000	4 704 000	2 367 000
Operating Profit	106 000	625 000	634 000	24 000
Financial Income	1 000	16 000	4 000	1 000
Financial Costs	3 000	5 000	0	1 000
Financial Balance	−2 000	11 000	4 000	0
Dividends	0	0	0	0
Net Income	81 000	496 000	497 000	19 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	7 000	3 000	18 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	14 000	0
Total Tangible Assets	0	0	14 000	0
Total Fiancial Fixed Assets	75 000	100 000	152 000	11 000
Total Fixed Assets	82 000	107 000	169 000	29 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 143 000	1 565 000	988 000	101 000
Total Current Assets	1 547 000	1 777 000	1 722 000	523 000
Total Assets	1 629 000	1 883 000	1 891 000	552 000
Total Equity	976 000	895 000	698 000	201 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	120 000	107 000	831 000	85 000
Unpaid Taxes	165 000	432 000	77 000	91 000
Dividends	0	0	0	0
Other Current Debt	345 000	306 000	160 000	151 000
Total Current Debt	653 000	989 000	1 192 000	351 000
Total Equity and Debt	1 629 000	1 883 000	1 891 000	552 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,3 %	55,42 %	71,2 %	9,45 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,67 %	13,1 %	11,88 %	1 %
Current Ratio	2,37	1,8	1,44	1,49
Quick Ratio	2,37	1,8	1,44	1,49
Equity Ratio	0,6	0,48	0,37	0,36
Gross Profit Margin	72,16 %	70,78 %	58,25 %	60 %