MOVAR NÆRING AS

1597 MOSS

Finances

Share Ownership

Return on Equity

−6,67 %

Current Ratio

2,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 363 000	7 012 000	10 436 000	7 595 000
Net Income	−937 000	−1 490 000	4 733 000	2 823 000
Total Assets	22 480 000	22 664 000	22 108 000	14 710 000
Total Equity	14 044 000	14 981 000	16 471 000	11 739 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 363 000	7 012 000	10 436 000	7 595 000
Expenditure	8 790 000	8 939 000	4 404 000	4 086 000
Operating Profit	−1 427 000	−1 927 000	6 032 000	3 509 000
Financial Income	226 000	17 000	38 000	111 000
Financial Costs	1 000	0	2 000	0
Financial Balance	225 000	17 000	36 000	111 000
Earnings Before Tax	−1 202 000	−1 910 000	6 069 000	3 620 000
Tax	−264 000	−420 000	1 336 000	796 000
Net Income	−937 000	−1 490 000	4 733 000	2 823 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 894 000	1 763 000	6 000	4 000
Total Current Assets	20 586 000	20 901 000	22 102 000	14 706 000
Total Assets	22 480 000	22 664 000	22 108 000	14 710 000
Total Retained Equity	13 544 000	14 481 000	15 971 000	11 239 000
Total Equity	14 044 000	14 981 000	16 471 000	11 739 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	8 436 000	7 683 000	5 637 000	2 971 000
Total Equity and Debt	22 480 000	22 664 000	22 108 000	14 710 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 363 000	7 010 000	6 319 000	5 000 000
Other Income	0	1 000	4 117 000	2 595 000
Revenue	7 363 000	7 012 000	10 436 000	7 595 000
Cost of Goods Sold	4 135 000	3 871 000	2 940 000	2 730 000
Salary Costs	0	0	0	0
Depreciation	134 000	0	0	0
Impairment	0	0	0	0
Expenditure	8 790 000	8 939 000	4 404 000	4 086 000
Operating Profit	−1 427 000	−1 927 000	6 032 000	3 509 000
Financial Income	226 000	17 000	38 000	111 000
Financial Costs	1 000	0	2 000	0
Financial Balance	225 000	17 000	36 000	111 000
Dividends	0	0	0	0
Net Income	−937 000	−1 490 000	4 733 000	2 823 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	691 000	427 000	6 000	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 203 000	1 337 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 203 000	1 337 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 894 000	1 763 000	6 000	4 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	19 598 000	20 032 000	16 576 000	10 570 000
Total Current Assets	20 586 000	20 901 000	22 102 000	14 706 000
Total Assets	22 480 000	22 664 000	22 108 000	14 710 000
Total Equity	14 044 000	14 981 000	16 471 000	11 739 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 436 000	7 683 000	4 299 000	2 165 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	8 436 000	7 683 000	5 637 000	2 971 000
Total Equity and Debt	22 480 000	22 664 000	22 108 000	14 710 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,67 %	−9,95 %	28,74 %	24,05 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−19,38 %	−27,48 %	57,8 %	46,2 %
Current Ratio	2,44	2,72	3,92	4,95
Quick Ratio	2,44	2,72	3,92	4,95
Equity Ratio	0,62	0,66	0,75	0,8
Gross Profit Margin	43,84 %	44,79 %	71,83 %	64,06 %