MØRE PALLESERVICE AS

6037 EIDSNES

Finances

Share Ownership

Return on Equity

96,77 %

Current Ratio

1,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	89 058 000	77 976 000	50 203 000	48 269 000
Net Income	15 866 000	9 342 000	1 227 000	2 410 000
Total Assets	35 485 000	30 664 000	17 128 000	21 243 000
Total Equity	16 395 000	10 530 000	9 088 000	9 274 000

Income (NOK)	2022	2021	2020	2019
Revenue	89 058 000	77 976 000	50 203 000	48 269 000
Expenditure	68 665 000	68 912 000	46 019 000	48 688 000
Operating Profit	20 393 000	11 626 000	1 728 000	3 172 000
Financial Income	138 000	439 000	16 000	10 000
Financial Costs	182 000	72 000	154 000	83 000
Financial Balance	−44 000	367 000	−138 000	−73 000
Earnings Before Tax	20 349 000	11 994 000	1 590 000	3 099 000
Tax	4 483 000	2 652 000	364 000	688 000
Net Income	15 866 000	9 342 000	1 227 000	2 410 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 838 000	4 923 000	3 860 000	3 379 000
Total Current Assets	32 647 000	25 741 000	13 268 000	17 864 000
Total Assets	35 485 000	30 664 000	17 128 000	21 243 000
Total Retained Equity	15 695 000	9 830 000	8 388 000	8 574 000
Total Equity	16 395 000	10 530 000	9 088 000	9 274 000
Total Long-Term Debt	0	0	15 000	302 000
Total Current Debt	19 090 000	20 134 000	8 025 000	11 667 000
Total Equity and Debt	35 485 000	30 664 000	17 128 000	21 243 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	88 825 000	77 425 000	50 117 000	47 904 000
Other Income	232 000	551 000	86 000	365 000
Revenue	89 058 000	77 976 000	50 203 000	48 269 000
Cost of Goods Sold	43 789 000	42 733 000	26 754 000	29 346 000
Salary Costs	13 200 000	15 656 000	9 785 000	10 550 000
Depreciation	555 000	426 000	545 000	654 000
Impairment	0	0	0	0
Expenditure	68 665 000	68 912 000	46 019 000	48 688 000
Operating Profit	20 393 000	11 626 000	1 728 000	3 172 000
Financial Income	138 000	439 000	16 000	10 000
Financial Costs	182 000	72 000	154 000	83 000
Financial Balance	−44 000	367 000	−138 000	−73 000
Dividends	10 000 000	2 400 000	1 200 000	1 200 000
Net Income	15 866 000	9 342 000	1 227 000	2 410 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	75 000	93 000	186 000	163 000
Real Eastate	1 228 000	1 398 000	92 000	125 000
Machinery and Plant Facilities	242 000	215 000	76 000	97 000
Fixtures	1 293 000	612 000	799 000	1 148 000
Total Tangible Assets	2 763 000	2 225 000	967 000	1 370 000
Total Fiancial Fixed Assets	0	2 605 000	2 707 000	1 846 000
Total Fixed Assets	2 838 000	4 923 000	3 860 000	3 379 000
Stock	13 047 000	8 505 000	5 941 000	8 924 000
Total Investments	0	0	0	0
Cash, Bank	9 751 000	8 107 000	2 078 000	3 321 000
Total Current Assets	32 647 000	25 741 000	13 268 000	17 864 000
Total Assets	35 485 000	30 664 000	17 128 000	21 243 000
Total Equity	16 395 000	10 530 000	9 088 000	9 274 000
Short-Term Group Debt	5 000 000	5 978 000	1 678 000	1 405 000
Total Long-Term Debt	0	0	15 000	302 000
Creditors	4 984 000	4 101 000	3 042 000	7 173 000
Unpaid Taxes	2 333 000	4 541 000	1 189 000	757 000
Dividends	10 000 000	2 400 000	1 200 000	1 200 000
Other Current Debt	2 228 000	2 955 000	1 734 000	1 819 000
Total Current Debt	19 090 000	20 134 000	8 025 000	11 667 000
Total Equity and Debt	35 485 000	30 664 000	17 128 000	21 243 000

Financial indicators	2022	2021	2020	2019
Return on Equity	96,77 %	88,72 %	13,5 %	25,99 %
Debt-to-Equity Ratio	0	0	0	0,03
Operating Profit Margin	22,9 %	14,91 %	3,44 %	6,57 %
Current Ratio	1,71	1,28	1,65	1,53
Quick Ratio	5,4	2,21	6,37	6,51
Equity Ratio	0,46	0,34	0,53	0,44
Gross Profit Margin	50,83 %	45,2 %	46,71 %	39,2 %