MØRE HUS AS

6264 TENNFJORD

Finances

Return on Equity

6,49 %

Current Ratio

6,45

Debt-to-Equity Ratio

0,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	139 022 000	134 542 000	101 142 000	88 364 000
Net Income	4 831 000	11 606 000	8 504 000	5 744 000
Total Assets	132 110 000	115 967 000	100 318 000	71 753 000
Total Equity	74 440 000	71 220 000	63 094 000	59 591 000

Income (NOK)	2022	2021	2020	2019
Revenue	139 022 000	134 542 000	101 142 000	88 364 000
Expenditure	131 566 000	119 425 000	89 762 000	80 722 000
Operating Profit	7 456 000	15 116 000	11 380 000	7 641 000
Financial Income	39 000	313 000	26 000	48 000
Financial Costs	1 297 000	537 000	504 000	306 000
Financial Balance	−1 258 000	−224 000	−478 000	−258 000
Earnings Before Tax	6 198 000	14 892 000	10 902 000	7 383 000
Tax	1 367 000	3 287 000	2 398 000	1 639 000
Net Income	4 831 000	11 606 000	8 504 000	5 744 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 091 000	941 000	723 000	724 000
Total Current Assets	131 019 000	115 027 000	99 594 000	71 028 000
Total Assets	132 110 000	115 967 000	100 318 000	71 753 000
Total Retained Equity	67 040 000	63 820 000	55 694 000	52 191 000
Total Equity	74 440 000	71 220 000	63 094 000	59 591 000
Total Long-Term Debt	37 355 000	9 369 000	8 613 000	2 380 000
Total Current Debt	20 315 000	35 379 000	28 611 000	9 782 000
Total Equity and Debt	132 110 000	115 967 000	100 318 000	71 753 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	139 022 000	134 542 000	101 142 000	88 364 000
Other Income	0	0	0	0
Revenue	139 022 000	134 542 000	101 142 000	88 364 000
Cost of Goods Sold	116 361 000	104 816 000	76 476 000	68 438 000
Salary Costs	8 403 000	9 325 000	9 021 000	8 222 000
Depreciation	146 000	13 000	2 000	14 000
Impairment	0	0	0	0
Expenditure	131 566 000	119 425 000	89 762 000	80 722 000
Operating Profit	7 456 000	15 116 000	11 380 000	7 641 000
Financial Income	39 000	313 000	26 000	48 000
Financial Costs	1 297 000	537 000	504 000	306 000
Financial Balance	−1 258 000	−224 000	−478 000	−258 000
Dividends	1 611 000	3 480 000	5 000 000	0
Net Income	4 831 000	11 606 000	8 504 000	5 744 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	601 000	406 000	21 000	0
Total Tangible Assets	601 000	406 000	21 000	0
Total Fiancial Fixed Assets	490 000	535 000	702 000	724 000
Total Fixed Assets	1 091 000	941 000	723 000	724 000
Stock	115 035 000	95 847 000	71 366 000	65 627 000
Total Investments	0	0	0	0
Cash, Bank	6 293 000	3 300 000	21 991 000	595 000
Total Current Assets	131 019 000	115 027 000	99 594 000	71 028 000
Total Assets	132 110 000	115 967 000	100 318 000	71 753 000
Total Equity	74 440 000	71 220 000	63 094 000	59 591 000
Short-Term Group Debt	1 611 000	3 480 000	3 000 000	0
Total Long-Term Debt	37 355 000	9 369 000	8 613 000	2 380 000
Creditors	7 872 000	5 691 000	7 552 000	3 699 000
Unpaid Taxes	1 905 000	2 175 000	800 000	1 688 000
Dividends	1 611 000	3 480 000	5 000 000	0
Other Current Debt	6 359 000	5 316 000	5 756 000	3 215 000
Total Current Debt	20 315 000	35 379 000	28 611 000	9 782 000
Total Equity and Debt	132 110 000	115 967 000	100 318 000	71 753 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,49 %	16,3 %	13,48 %	9,64 %
Debt-to-Equity Ratio	0,5	0,13	0,14	0,04
Operating Profit Margin	5,36 %	11,24 %	11,25 %	8,65 %
Current Ratio	6,45	3,25	3,48	7,26
Quick Ratio	−1,38	−1,9	−2,33	−1,27
Equity Ratio	0,56	0,61	0,63	0,83
Gross Profit Margin	16,3 %	22,09 %	24,39 %	22,55 %