MOVEX AS

6018 ÅLESUND

Finances

Return on Equity

−315 %

Current Ratio

0,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	916 000	2 163 000	210 000	0
Net Income	−63 000	−318 000	−53 000	−106 000
Total Assets	1 256 000	3 462 000	1 825 000	1 756 000
Total Equity	20 000	84 000	100 000	−86 000

Income (NOK)	2022	2021	2020	2019
Revenue	916 000	2 163 000	210 000	0
Expenditure	993 000	2 385 000	185 000	11 000
Operating Profit	−77 000	−221 000	25 000	−11 000
Financial Income	12 000	0	0	0
Financial Costs	0	180 000	92 000	125 000
Financial Balance	12 000	−180 000	−92 000	−125 000
Earnings Before Tax	−65 000	−401 000	−67 000	−136 000
Tax	−2 000	−83 000	−14 000	−30 000
Net Income	−63 000	−318 000	−53 000	−106 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	132 000	1 571 000	1 520 000	1 553 000
Total Current Assets	1 124 000	1 891 000	305 000	204 000
Total Assets	1 256 000	3 462 000	1 825 000	1 756 000
Total Retained Equity	−550 000	−486 000	−168 000	−116 000
Total Equity	20 000	84 000	100 000	−86 000
Total Long-Term Debt	0	3 313 000	1 670 000	1 842 000
Total Current Debt	1 236 000	65 000	54 000	0
Total Equity and Debt	1 256 000	3 462 000	1 825 000	1 756 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	916 000	2 163 000	210 000	0
Other Income	0	0	0	0
Revenue	916 000	2 163 000	210 000	0
Cost of Goods Sold	123 000	1 844 000	87 000	0
Salary Costs	352 000	305 000	0	0
Depreciation	23 000	7 000	0	0
Impairment	0	0	0	0
Expenditure	993 000	2 385 000	185 000	11 000
Operating Profit	−77 000	−221 000	25 000	−11 000
Financial Income	12 000	0	0	0
Financial Costs	0	180 000	92 000	125 000
Financial Balance	12 000	−180 000	−92 000	−125 000
Dividends	0	0	0	0
Net Income	−63 000	−318 000	−53 000	−106 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	33 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	56 000	51 000	0	0
Total Tangible Assets	56 000	51 000	0	0
Total Fiancial Fixed Assets	76 000	1 520 000	1 520 000	1 520 000
Total Fixed Assets	132 000	1 571 000	1 520 000	1 553 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	542 000	123 000	304 000	204 000
Total Current Assets	1 124 000	1 891 000	305 000	204 000
Total Assets	1 256 000	3 462 000	1 825 000	1 756 000
Total Equity	20 000	84 000	100 000	−86 000
Short-Term Group Debt	1 055 000	0	0	0
Total Long-Term Debt	0	3 313 000	1 670 000	1 842 000
Creditors	10 000	20 000	20 000	0
Unpaid Taxes	143 000	14 000	34 000	0
Dividends	0	0	0	0
Other Current Debt	27 000	32 000	0	0
Total Current Debt	1 236 000	65 000	54 000	0
Total Equity and Debt	1 256 000	3 462 000	1 825 000	1 756 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−315 %	−378,57 %	−53 %	123,26 %
Debt-to-Equity Ratio	0	39,44	16,7	−21,42
Operating Profit Margin	−8,41 %	−10,22 %	11,9 %	-
Current Ratio	0,91	29,09	5,65	-
Quick Ratio	0,91	29,09	5,65	-
Equity Ratio	0,02	0,02	0,05	−0,05
Gross Profit Margin	86,57 %	14,75 %	58,57 %	-