MØRE HAGESERVICE AS

6260 SKODJE

Finances

Share Ownership

Return on Equity

25,09 %

Current Ratio

1,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 387 000	6 002 000	5 193 000	6 333 000
Net Income	359 000	−106 000	−375 000	290 000
Total Assets	3 626 000	3 043 000	3 165 000	3 565 000
Total Equity	1 431 000	1 072 000	1 177 000	1 552 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 387 000	6 002 000	5 193 000	6 333 000
Expenditure	4 911 000	6 115 000	5 649 000	5 929 000
Operating Profit	476 000	−114 000	−456 000	404 000
Financial Income	0	0	1 000	1 000
Financial Costs	16 000	21 000	26 000	33 000
Financial Balance	−16 000	−21 000	−25 000	−32 000
Earnings Before Tax	460 000	−136 000	−481 000	372 000
Tax	101 000	−30 000	−106 000	82 000
Net Income	359 000	−106 000	−375 000	290 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	745 000	968 000	1 102 000	582 000
Total Current Assets	2 881 000	2 074 000	2 062 000	2 983 000
Total Assets	3 626 000	3 043 000	3 165 000	3 565 000
Total Retained Equity	1 331 000	972 000	1 077 000	1 452 000
Total Equity	1 431 000	1 072 000	1 177 000	1 552 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 195 000	1 971 000	1 987 000	2 012 000
Total Equity and Debt	3 626 000	3 043 000	3 165 000	3 565 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 387 000	6 002 000	5 193 000	6 333 000
Other Income	0	0	0	0
Revenue	5 387 000	6 002 000	5 193 000	6 333 000
Cost of Goods Sold	1 763 000	2 934 000	2 934 000	3 711 000
Salary Costs	2 362 000	2 300 000	1 877 000	1 544 000
Depreciation	125 000	144 000	110 000	37 000
Impairment	0	0	0	0
Expenditure	4 911 000	6 115 000	5 649 000	5 929 000
Operating Profit	476 000	−114 000	−456 000	404 000
Financial Income	0	0	1 000	1 000
Financial Costs	16 000	21 000	26 000	33 000
Financial Balance	−16 000	−21 000	−25 000	−32 000
Dividends	0	0	0	0
Net Income	359 000	−106 000	−375 000	290 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	77 000	178 000	148 000	42 000
Real Eastate	400 000	400 000	400 000	400 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	268 000	370 000	514 000	79 000
Total Tangible Assets	668 000	770 000	914 000	479 000
Total Fiancial Fixed Assets	0	20 000	40 000	60 000
Total Fixed Assets	745 000	968 000	1 102 000	582 000
Stock	398 000	480 000	292 000	159 000
Total Investments	0	0	0	0
Cash, Bank	32 000	179 000	630 000	75 000
Total Current Assets	2 881 000	2 074 000	2 062 000	2 983 000
Total Assets	3 626 000	3 043 000	3 165 000	3 565 000
Total Equity	1 431 000	1 072 000	1 177 000	1 552 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	900 000	915 000	989 000	758 000
Unpaid Taxes	490 000	310 000	341 000	515 000
Dividends	0	0	0	0
Other Current Debt	805 000	746 000	657 000	733 000
Total Current Debt	2 195 000	1 971 000	1 987 000	2 012 000
Total Equity and Debt	3 626 000	3 043 000	3 165 000	3 565 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,09 %	−9,89 %	−31,86 %	18,69 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,84 %	−1,9 %	−8,78 %	6,38 %
Current Ratio	1,31	1,05	1,04	1,48
Quick Ratio	1,6	1,39	1,22	1,61
Equity Ratio	0,39	0,35	0,37	0,44
Gross Profit Margin	67,27 %	51,12 %	43,5 %	41,4 %