MORATEL ELEKTRO AS

3919 PORSGRUNN

Finances

Return on Equity

1,72 %

Current Ratio

2,66

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 308 000	5 098 000	5 304 000	4 869 000
Net Income	38 000	37 000	188 000	79 000
Total Assets	3 271 000	2 870 000	3 390 000	3 208 000
Total Equity	2 209 000	2 171 000	2 135 000	1 947 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 308 000	5 098 000	5 304 000	4 869 000
Expenditure	5 270 000	5 061 000	5 116 000	4 794 000
Operating Profit	37 000	37 000	188 000	74 000
Financial Income	1 000	0	3 000	13 000
Financial Costs	0	1 000	4 000	8 000
Financial Balance	1 000	−1 000	−1 000	5 000
Earnings Before Tax	38 000	37 000	188 000	79 000
Tax	0	0	0	0
Net Income	38 000	37 000	188 000	79 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	443 000	571 000	627 000	283 000
Total Current Assets	2 828 000	2 299 000	2 763 000	2 925 000
Total Assets	3 271 000	2 870 000	3 390 000	3 208 000
Total Retained Equity	2 109 000	2 071 000	2 035 000	1 847 000
Total Equity	2 209 000	2 171 000	2 135 000	1 947 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 062 000	699 000	1 256 000	1 261 000
Total Equity and Debt	3 271 000	2 870 000	3 390 000	3 208 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 308 000	5 098 000	5 027 000	4 869 000
Other Income	0	0	277 000	0
Revenue	5 308 000	5 098 000	5 304 000	4 869 000
Cost of Goods Sold	1 646 000	1 419 000	1 860 000	1 158 000
Salary Costs	2 352 000	2 270 000	2 121 000	2 283 000
Depreciation	128 000	127 000	106 000	57 000
Impairment	0	0	0	0
Expenditure	5 270 000	5 061 000	5 116 000	4 794 000
Operating Profit	37 000	37 000	188 000	74 000
Financial Income	1 000	0	3 000	13 000
Financial Costs	0	1 000	4 000	8 000
Financial Balance	1 000	−1 000	−1 000	5 000
Dividends	0	0	0	0
Net Income	38 000	37 000	188 000	79 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	45 000	97 000	149 000	201 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	388 000	464 000	468 000	72 000
Total Tangible Assets	433 000	561 000	617 000	273 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	443 000	571 000	627 000	283 000
Stock	1 249 000	1 308 000	1 133 000	1 100 000
Total Investments	0	0	0	0
Cash, Bank	603 000	647 000	1 212 000	1 000 000
Total Current Assets	2 828 000	2 299 000	2 763 000	2 925 000
Total Assets	3 271 000	2 870 000	3 390 000	3 208 000
Total Equity	2 209 000	2 171 000	2 135 000	1 947 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	389 000	159 000	380 000	243 000
Unpaid Taxes	434 000	312 000	326 000	494 000
Dividends	0	0	0	0
Other Current Debt	239 000	227 000	549 000	524 000
Total Current Debt	1 062 000	699 000	1 256 000	1 261 000
Total Equity and Debt	3 271 000	2 870 000	3 390 000	3 208 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,72 %	1,7 %	8,81 %	4,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,7 %	0,73 %	3,54 %	1,52 %
Current Ratio	2,66	3,29	2,2	2,32
Quick Ratio	−15,12	−3,78	22,46	18,17
Equity Ratio	0,68	0,76	0,63	0,61
Gross Profit Margin	68,99 %	72,17 %	64,93 %	76,22 %