MØRE TEKNISKE AS

6230 SYKKYLVEN

Finances

Share Ownership

Return on Equity

6,36 %

Current Ratio

2,56

Debt-to-Equity Ratio

6,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 476 000	7 251 000	2 987 000	1 287 000
Net Income	47 000	359 000	181 000	53 000
Total Assets	9 023 000	8 356 000	4 721 000	1 989 000
Total Equity	739 000	693 000	334 000	153 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 476 000	7 251 000	2 987 000	1 287 000
Expenditure	5 103 000	6 655 000	2 721 000	1 219 000
Operating Profit	372 000	596 000	266 000	68 000
Financial Income	0	0	0	0
Financial Costs	309 000	136 000	34 000	0
Financial Balance	−309 000	−136 000	−34 000	0
Earnings Before Tax	63 000	460 000	232 000	68 000
Tax	17 000	101 000	51 000	15 000
Net Income	47 000	359 000	181 000	53 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	90 000	0
Total Current Assets	9 023 000	8 356 000	4 631 000	1 989 000
Total Assets	9 023 000	8 356 000	4 721 000	1 989 000
Total Retained Equity	639 000	593 000	234 000	53 000
Total Equity	739 000	693 000	334 000	153 000
Total Long-Term Debt	4 760 000	2 449 000	3 359 000	0
Total Current Debt	3 523 000	5 214 000	1 028 000	1 836 000
Total Equity and Debt	9 023 000	8 356 000	4 721 000	1 989 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 424 000	7 251 000	2 987 000	1 287 000
Other Income	52 000	0	0	0
Revenue	5 476 000	7 251 000	2 987 000	1 287 000
Cost of Goods Sold	4 602 000	6 083 000	2 556 000	1 204 000
Salary Costs	342 000	442 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 103 000	6 655 000	2 721 000	1 219 000
Operating Profit	372 000	596 000	266 000	68 000
Financial Income	0	0	0	0
Financial Costs	309 000	136 000	34 000	0
Financial Balance	−309 000	−136 000	−34 000	0
Dividends	0	0	0	0
Net Income	47 000	359 000	181 000	53 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	90 000	0
Total Fixed Assets	0	0	90 000	0
Stock	7 268 000	6 331 000	4 059 000	1 035 000
Total Investments	0	0	0	0
Cash, Bank	863 000	853 000	336 000	15 000
Total Current Assets	9 023 000	8 356 000	4 631 000	1 989 000
Total Assets	9 023 000	8 356 000	4 721 000	1 989 000
Total Equity	739 000	693 000	334 000	153 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 760 000	2 449 000	3 359 000	0
Creditors	3 331 000	4 942 000	968 000	1 821 000
Unpaid Taxes	162 000	162 000	0	0
Dividends	0	0	0	0
Other Current Debt	13 000	9 000	9 000	0
Total Current Debt	3 523 000	5 214 000	1 028 000	1 836 000
Total Equity and Debt	9 023 000	8 356 000	4 721 000	1 989 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,36 %	51,8 %	54,19 %	34,64 %
Debt-to-Equity Ratio	6,44	3,53	10,06	0
Operating Profit Margin	6,79 %	8,22 %	8,91 %	5,28 %
Current Ratio	2,56	1,6	4,5	1,08
Quick Ratio	−2,41	−7,48	−1,53	2,48
Equity Ratio	0,08	0,08	0,07	0,08
Gross Profit Margin	15,96 %	16,11 %	14,43 %	6,45 %