MO RØRSERVICE AS

8610 MO I RANA

Finances

Share Ownership

Return on Equity

4,36 %

Current Ratio

1,85

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 096 000	7 068 000	7 002 000	7 217 000
Net Income	51 000	81 000	−435 000	160 000
Total Assets	2 465 000	2 731 000	2 648 000	3 175 000
Total Equity	1 169 000	1 168 000	1 137 000	1 622 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 096 000	7 068 000	7 002 000	7 217 000
Expenditure	5 988 000	6 943 000	7 530 000	6 980 000
Operating Profit	108 000	124 000	−529 000	237 000
Financial Income	7 000	16 000	13 000	15 000
Financial Costs	6 000	13 000	19 000	17 000
Financial Balance	1 000	3 000	−6 000	−2 000
Earnings Before Tax	109 000	127 000	−535 000	234 000
Tax	57 000	47 000	−100 000	74 000
Net Income	51 000	81 000	−435 000	160 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	66 000	146 000	284 000	427 000
Total Current Assets	2 399 000	2 585 000	2 365 000	2 748 000
Total Assets	2 465 000	2 731 000	2 648 000	3 175 000
Total Retained Equity	1 069 000	1 068 000	1 037 000	1 522 000
Total Equity	1 169 000	1 168 000	1 137 000	1 622 000
Total Long-Term Debt	0	12 000	48 000	84 000
Total Current Debt	1 296 000	1 551 000	1 463 000	1 469 000
Total Equity and Debt	2 465 000	2 731 000	2 648 000	3 175 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 435 000	7 527 000	7 076 000	7 277 000
Other Income	661 000	−459 000	−74 000	−60 000
Revenue	6 096 000	7 068 000	7 002 000	7 217 000
Cost of Goods Sold	1 818 000	2 438 000	2 698 000	2 498 000
Salary Costs	2 941 000	3 278 000	3 686 000	3 315 000
Depreciation	80 000	138 000	143 000	130 000
Impairment	0	0	0	0
Expenditure	5 988 000	6 943 000	7 530 000	6 980 000
Operating Profit	108 000	124 000	−529 000	237 000
Financial Income	7 000	16 000	13 000	15 000
Financial Costs	6 000	13 000	19 000	17 000
Financial Balance	1 000	3 000	−6 000	−2 000
Dividends	50 000	50 000	50 000	75 000
Net Income	51 000	81 000	−435 000	160 000

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	66 000	146 000	284 000	427 000
Total Tangible Assets	66 000	146 000	284 000	427 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	66 000	146 000	284 000	427 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	341 000	1 192 000	616 000	1 123 000
Total Current Assets	2 399 000	2 585 000	2 365 000	2 748 000
Total Assets	2 465 000	2 731 000	2 648 000	3 175 000
Total Equity	1 169 000	1 168 000	1 137 000	1 622 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	12 000	48 000	84 000
Creditors	585 000	582 000	629 000	576 000
Unpaid Taxes	302 000	525 000	400 000	355 000
Dividends	50 000	50 000	50 000	75 000
Other Current Debt	301 000	348 000	385 000	353 000
Total Current Debt	1 296 000	1 551 000	1 463 000	1 469 000
Total Equity and Debt	2 465 000	2 731 000	2 648 000	3 175 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,36 %	6,93 %	−38,26 %	9,86 %
Debt-to-Equity Ratio	0	0,01	0,04	0,05
Operating Profit Margin	1,77 %	1,75 %	−7,55 %	3,28 %
Current Ratio	1,85	1,67	1,62	1,87
Quick Ratio	1,85	1,67	1,62	1,87
Equity Ratio	0,47	0,43	0,43	0,51
Gross Profit Margin	70,18 %	65,51 %	61,47 %	65,39 %