MØRE SKOGBRUK AS

6060 HAREID

Finances

Share Ownership

Return on Equity

−155,13 %

Current Ratio

0,51

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	2 813 000	1 872 000	493 000
Net Income	121 000	−124 000	−98 000
Total Assets	532 000	312 000	183 000
Total Equity	−78 000	−198 000	−74 000

Income (NOK)	2022	2021	2020
Revenue	2 813 000	1 872 000	493 000
Expenditure	2 651 000	1 977 000	591 000
Operating Profit	162 000	−105 000	−98 000
Financial Income	0	0	0
Financial Costs	41 000	19 000	0
Financial Balance	−41 000	−19 000	0
Earnings Before Tax	121 000	−124 000	−98 000
Tax	0	0	0
Net Income	121 000	−124 000	−98 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	222 000	254 000	66 000
Total Current Assets	310 000	59 000	117 000
Total Assets	532 000	312 000	183 000
Total Retained Equity	−102 000	−223 000	−98 000
Total Equity	−78 000	−198 000	−74 000
Total Long-Term Debt	0	0	0
Total Current Debt	610 000	511 000	257 000
Total Equity and Debt	532 000	312 000	183 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 813 000	1 872 000	493 000
Other Income	0	0	0
Revenue	2 813 000	1 872 000	493 000
Cost of Goods Sold	10 000	2 000	3 000
Salary Costs	1 780 000	1 265 000	448 000
Depreciation	56 000	38 000	8 000
Impairment	0	0	0
Expenditure	2 651 000	1 977 000	591 000
Operating Profit	162 000	−105 000	−98 000
Financial Income	0	0	0
Financial Costs	41 000	19 000	0
Financial Balance	−41 000	−19 000	0
Dividends	0	0	0
Net Income	121 000	−124 000	−98 000

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	222 000	251 000	66 000
Total Tangible Assets	222 000	251 000	66 000
Total Fiancial Fixed Assets	0	3 000	0
Total Fixed Assets	222 000	254 000	66 000
Stock	3 000	0	0
Total Investments	0	0	0
Cash, Bank	13 000	0	34 000
Total Current Assets	310 000	59 000	117 000
Total Assets	532 000	312 000	183 000
Total Equity	−78 000	−198 000	−74 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	54 000	166 000	53 000
Unpaid Taxes	524 000	193 000	121 000
Dividends	0	0	0
Other Current Debt	32 000	152 000	83 000
Total Current Debt	610 000	511 000	257 000
Total Equity and Debt	532 000	312 000	183 000

Financial indicators	2022	2021	2020
Return on Equity	−155,13 %	62,63 %	132,43 %
Debt-to-Equity Ratio	−0	−0	−0
Operating Profit Margin	5,76 %	−5,61 %	−19,88 %
Current Ratio	0,51	0,12	0,46
Quick Ratio	0,51	0,12	0,46
Equity Ratio	−0,15	−0,63	−0,4
Gross Profit Margin	99,64 %	99,89 %	99,39 %