MOTIVE AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

32,29 %

Current Ratio

3,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 968 000	45 285 000	20 584 000	14 859 000
Net Income	4 788 000	8 158 000	354 000	−2 039 000
Total Assets	19 696 000	27 201 000	11 607 000	8 534 000
Total Equity	14 829 000	10 041 000	584 000	−6 547 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 968 000	45 285 000	20 584 000	14 859 000
Expenditure	37 623 000	39 219 000	19 453 000	15 848 000
Operating Profit	5 346 000	6 066 000	1 132 000	−989 000
Financial Income	1 012 000	154 000	136 000	60 000
Financial Costs	162 000	319 000	914 000	1 111 000
Financial Balance	850 000	−165 000	−778 000	−1 051 000
Earnings Before Tax	6 196 000	5 901 000	354 000	−2 039 000
Tax	1 408 000	−2 257 000	0	0
Net Income	4 788 000	8 158 000	354 000	−2 039 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 739 000	3 037 000	522 000	877 000
Total Current Assets	17 958 000	24 165 000	11 085 000	7 658 000
Total Assets	19 696 000	27 201 000	11 607 000	8 534 000
Total Retained Equity	12 709 000	7 921 000	−1 506 000	−8 542 000
Total Equity	14 829 000	10 041 000	584 000	−6 547 000
Total Long-Term Debt	0	0	2 626 000	4 137 000
Total Current Debt	4 867 000	17 160 000	8 397 000	10 944 000
Total Equity and Debt	19 696 000	27 201 000	11 607 000	8 534 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	42 618 000	45 269 000	20 569 000	14 464 000
Other Income	350 000	16 000	15 000	395 000
Revenue	42 968 000	45 285 000	20 584 000	14 859 000
Cost of Goods Sold	10 440 000	18 470 000	8 354 000	4 599 000
Salary Costs	15 994 000	12 131 000	5 681 000	4 387 000
Depreciation	425 000	344 000	525 000	673 000
Impairment	0	0	0	0
Expenditure	37 623 000	39 219 000	19 453 000	15 848 000
Operating Profit	5 346 000	6 066 000	1 132 000	−989 000
Financial Income	1 012 000	154 000	136 000	60 000
Financial Costs	162 000	319 000	914 000	1 111 000
Financial Balance	850 000	−165 000	−778 000	−1 051 000
Dividends	0	0	0	0
Net Income	4 788 000	8 158 000	354 000	−2 039 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	849 000	2 257 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	432 000	477 000	396 000	877 000
Fixtures	458 000	303 000	125 000	0
Total Tangible Assets	890 000	780 000	522 000	877 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 739 000	3 037 000	522 000	877 000
Stock	3 653 000	3 949 000	4 078 000	4 423 000
Total Investments	0	0	0	0
Cash, Bank	1 362 000	3 141 000	252 000	156 000
Total Current Assets	17 958 000	24 165 000	11 085 000	7 658 000
Total Assets	19 696 000	27 201 000	11 607 000	8 534 000
Total Equity	14 829 000	10 041 000	584 000	−6 547 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	2 626 000	4 137 000
Creditors	1 664 000	14 237 000	4 621 000	4 406 000
Unpaid Taxes	1 635 000	1 155 000	748 000	518 000
Dividends	0	0	0	0
Other Current Debt	1 568 000	1 768 000	1 589 000	2 502 000
Total Current Debt	4 867 000	17 160 000	8 397 000	10 944 000
Total Equity and Debt	19 696 000	27 201 000	11 607 000	8 534 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,29 %	81,25 %	60,62 %	31,14 %
Debt-to-Equity Ratio	0	0	4,5	−0,63
Operating Profit Margin	12,44 %	13,4 %	5,5 %	−6,66 %
Current Ratio	3,69	1,41	1,32	0,7
Quick Ratio	14,79	1,83	2,57	1,17
Equity Ratio	0,75	0,37	0,05	−0,77
Gross Profit Margin	75,7 %	59,21 %	59,42 %	69,05 %