MOELV RØRSERVICE AS

2390 MOELV

Finances

Return on Equity

38,97 %

Current Ratio

1,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 850 000	23 157 000	19 601 000	19 553 000
Net Income	3 048 000	2 068 000	1 175 000	1 389 000
Total Assets	16 890 000	14 386 000	11 529 000	10 388 000
Total Equity	7 822 000	6 274 000	5 706 000	5 521 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 850 000	23 157 000	19 601 000	19 553 000
Expenditure	22 962 000	20 519 000	18 117 000	17 812 000
Operating Profit	3 887 000	2 639 000	1 484 000	1 741 000
Financial Income	22 000	13 000	26 000	39 000
Financial Costs	1 000	1 000	3 000	0
Financial Balance	21 000	12 000	23 000	39 000
Earnings Before Tax	3 908 000	2 651 000	1 507 000	1 780 000
Tax	860 000	583 000	332 000	392 000
Net Income	3 048 000	2 068 000	1 175 000	1 389 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 985 000	2 135 000	931 000	738 000
Total Current Assets	14 905 000	12 251 000	10 598 000	9 650 000
Total Assets	16 890 000	14 386 000	11 529 000	10 388 000
Total Retained Equity	7 599 000	6 051 000	5 482 000	5 297 000
Total Equity	7 822 000	6 274 000	5 706 000	5 521 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	9 067 000	8 112 000	5 824 000	4 867 000
Total Equity and Debt	16 890 000	14 386 000	11 529 000	10 388 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 843 000	23 157 000	19 601 000	19 553 000
Other Income	6 000	0	0	0
Revenue	26 850 000	23 157 000	19 601 000	19 553 000
Cost of Goods Sold	9 056 000	8 688 000	7 454 000	7 334 000
Salary Costs	9 995 000	8 698 000	7 662 000	7 515 000
Depreciation	379 000	234 000	53 000	55 000
Impairment	0	0	0	0
Expenditure	22 962 000	20 519 000	18 117 000	17 812 000
Operating Profit	3 887 000	2 639 000	1 484 000	1 741 000
Financial Income	22 000	13 000	26 000	39 000
Financial Costs	1 000	1 000	3 000	0
Financial Balance	21 000	12 000	23 000	39 000
Dividends	1 500 000	1 500 000	990 000	990 000
Net Income	3 048 000	2 068 000	1 175 000	1 389 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	634 000	820 000	0	0
Total Intangible Assets	756 000	887 000	99 000	120 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	575 000	602 000	0	0
Fixtures	32 000	40 000	225 000	92 000
Total Tangible Assets	607 000	642 000	225 000	92 000
Total Fiancial Fixed Assets	622 000	607 000	607 000	526 000
Total Fixed Assets	1 985 000	2 135 000	931 000	738 000
Stock	1 626 000	1 185 000	1 095 000	1 095 000
Total Investments	0	0	0	0
Cash, Bank	4 129 000	4 081 000	4 112 000	5 031 000
Total Current Assets	14 905 000	12 251 000	10 598 000	9 650 000
Total Assets	16 890 000	14 386 000	11 529 000	10 388 000
Total Equity	7 822 000	6 274 000	5 706 000	5 521 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 102 000	1 830 000	967 000	134 000
Unpaid Taxes	2 695 000	1 930 000	1 695 000	1 422 000
Dividends	1 500 000	1 500 000	990 000	990 000
Other Current Debt	2 855 000	2 300 000	1 860 000	1 866 000
Total Current Debt	9 067 000	8 112 000	5 824 000	4 867 000
Total Equity and Debt	16 890 000	14 386 000	11 529 000	10 388 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,97 %	32,96 %	20,59 %	25,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,48 %	11,4 %	7,57 %	8,9 %
Current Ratio	1,64	1,51	1,82	1,98
Quick Ratio	2	1,77	2,24	2,56
Equity Ratio	0,46	0,44	0,49	0,53
Gross Profit Margin	66,27 %	62,48 %	61,97 %	62,49 %