MØRE AUTO AS

6200 STRANDA

Finances

Share Ownership

Return on Equity

238,82 %

Current Ratio

0,95

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	1 476 000	12 757 000	11 751 000
Net Income	−203 000	28 000	66 000
Total Assets	1 782 000	464 000	546 000
Total Equity	−85 000	119 000	90 000

Income (NOK)	2022	2021	2020
Revenue	1 476 000	12 757 000	11 751 000
Expenditure	1 630 000	12 691 000	11 674 000
Operating Profit	−153 000	66 000	77 000
Financial Income	5 000	33 000	51 000
Financial Costs	55 000	62 000	44 000
Financial Balance	−50 000	−29 000	7 000
Earnings Before Tax	−203 000	37 000	84 000
Tax	0	9 000	19 000
Net Income	−203 000	28 000	66 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	1 782 000	464 000	546 000
Total Assets	1 782 000	464 000	546 000
Total Retained Equity	−109 000	94 000	66 000
Total Equity	−85 000	119 000	90 000
Total Long-Term Debt	0	0	0
Total Current Debt	1 867 000	345 000	456 000
Total Equity and Debt	1 782 000	464 000	546 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 476 000	12 757 000	11 751 000
Other Income	0	0	0
Revenue	1 476 000	12 757 000	11 751 000
Cost of Goods Sold	1 419 000	12 551 000	11 494 000
Salary Costs	49 000	0	35 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 630 000	12 691 000	11 674 000
Operating Profit	−153 000	66 000	77 000
Financial Income	5 000	33 000	51 000
Financial Costs	55 000	62 000	44 000
Financial Balance	−50 000	−29 000	7 000
Dividends	0	0	0
Net Income	−203 000	28 000	66 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	1 689 000	0	0
Total Investments	0	0	0
Cash, Bank	33 000	13 000	5 000
Total Current Assets	1 782 000	464 000	546 000
Total Assets	1 782 000	464 000	546 000
Total Equity	−85 000	119 000	90 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	1 348 000	61 000	42 000
Unpaid Taxes	213 000	197 000	0
Dividends	0	0	0
Other Current Debt	306 000	78 000	395 000
Total Current Debt	1 867 000	345 000	456 000
Total Equity and Debt	1 782 000	464 000	546 000

Financial indicators	2022	2021	2020
Return on Equity	238,82 %	23,53 %	73,33 %
Debt-to-Equity Ratio	−0	0	0
Operating Profit Margin	−10,37 %	0,52 %	0,66 %
Current Ratio	0,95	1,34	1,2
Quick Ratio	10,01	1,34	1,2
Equity Ratio	−0,05	0,26	0,16
Gross Profit Margin	3,86 %	1,61 %	2,19 %