MØRLANDSMOEN BILOPPHOGGING AS

4849 ARENDAL

Finances

Return on Equity

7,99 %

Current Ratio

4,45

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 542 000	14 885 000	13 123 000	12 751 000
Net Income	1 036 000	2 580 000	1 834 000	1 279 000
Total Assets	17 518 000	17 308 000	14 647 000	13 135 000
Total Equity	12 969 000	11 933 000	9 353 000	7 519 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 542 000	14 885 000	13 123 000	12 751 000
Expenditure	10 078 000	11 445 000	10 622 000	10 935 000
Operating Profit	1 465 000	3 440 000	2 500 000	1 815 000
Financial Income	7 000	1 000	7 000	10 000
Financial Costs	144 000	133 000	155 000	185 000
Financial Balance	−137 000	−132 000	−148 000	−175 000
Earnings Before Tax	1 329 000	3 308 000	2 352 000	1 641 000
Tax	293 000	728 000	518 000	361 000
Net Income	1 036 000	2 580 000	1 834 000	1 279 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 240 000	10 359 000	10 066 000	9 275 000
Total Current Assets	7 278 000	6 949 000	4 581 000	3 860 000
Total Assets	17 518 000	17 308 000	14 647 000	13 135 000
Total Retained Equity	12 219 000	11 183 000	8 603 000	6 769 000
Total Equity	12 969 000	11 933 000	9 353 000	7 519 000
Total Long-Term Debt	2 913 000	3 432 000	3 859 000	4 276 000
Total Current Debt	1 635 000	1 942 000	1 435 000	1 341 000
Total Equity and Debt	17 518 000	17 308 000	14 647 000	13 135 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 796 000	10 206 000	8 497 000	7 192 000
Other Income	2 746 000	4 678 000	4 626 000	5 559 000
Revenue	11 542 000	14 885 000	13 123 000	12 751 000
Cost of Goods Sold	2 383 000	3 741 000	3 512 000	4 449 000
Salary Costs	3 561 000	4 068 000	3 898 000	3 497 000
Depreciation	890 000	743 000	527 000	321 000
Impairment	0	0	0	0
Expenditure	10 078 000	11 445 000	10 622 000	10 935 000
Operating Profit	1 465 000	3 440 000	2 500 000	1 815 000
Financial Income	7 000	1 000	7 000	10 000
Financial Costs	144 000	133 000	155 000	185 000
Financial Balance	−137 000	−132 000	−148 000	−175 000
Dividends	0	0	0	0
Net Income	1 036 000	2 580 000	1 834 000	1 279 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 881 000	8 132 000	8 208 000	8 484 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 359 000	2 227 000	1 858 000	791 000
Total Tangible Assets	10 240 000	10 359 000	10 066 000	9 275 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 240 000	10 359 000	10 066 000	9 275 000
Stock	0	0	51 000	64 000
Total Investments	0	0	0	0
Cash, Bank	6 212 000	5 957 000	2 778 000	2 556 000
Total Current Assets	7 278 000	6 949 000	4 581 000	3 860 000
Total Assets	17 518 000	17 308 000	14 647 000	13 135 000
Total Equity	12 969 000	11 933 000	9 353 000	7 519 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 913 000	3 432 000	3 859 000	4 276 000
Creditors	466 000	192 000	384 000	409 000
Unpaid Taxes	534 000	764 000	335 000	357 000
Dividends	0	0	0	0
Other Current Debt	323 000	332 000	282 000	265 000
Total Current Debt	1 635 000	1 942 000	1 435 000	1 341 000
Total Equity and Debt	17 518 000	17 308 000	14 647 000	13 135 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,99 %	21,62 %	19,61 %	17,01 %
Debt-to-Equity Ratio	0,22	0,29	0,41	0,57
Operating Profit Margin	12,69 %	23,11 %	19,05 %	14,23 %
Current Ratio	4,45	3,58	3,19	2,88
Quick Ratio	4,45	3,58	3,31	3,02
Equity Ratio	0,74	0,69	0,64	0,57
Gross Profit Margin	79,35 %	74,87 %	73,24 %	65,11 %