MOWER SPESIALISTEN AS

1357 BEKKESTUA

Finances

Share Ownership

Return on Equity

40,33 %

Current Ratio

2,44

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 600 000	22 615 000	21 629 000	17 548 000
Net Income	2 423 000	2 871 000	2 521 000	1 804 000
Total Assets	11 763 000	12 382 000	11 846 000	9 203 000
Total Equity	6 008 000	6 044 000	6 173 000	6 652 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 600 000	22 615 000	21 629 000	17 548 000
Expenditure	18 478 000	18 919 000	18 398 000	15 238 000
Operating Profit	3 122 000	3 696 000	3 231 000	2 309 000
Financial Income	40 000	6 000	11 000	19 000
Financial Costs	55 000	21 000	10 000	15 000
Financial Balance	−15 000	−15 000	1 000	4 000
Earnings Before Tax	3 107 000	3 681 000	3 233 000	2 313 000
Tax	684 000	810 000	711 000	509 000
Net Income	2 423 000	2 871 000	2 521 000	1 804 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 894 000	1 783 000	1 831 000	1 317 000
Total Current Assets	9 870 000	10 599 000	10 015 000	7 886 000
Total Assets	11 763 000	12 382 000	11 846 000	9 203 000
Total Retained Equity	5 906 000	5 943 000	6 071 000	6 550 000
Total Equity	6 008 000	6 044 000	6 173 000	6 652 000
Total Long-Term Debt	1 715 000	4 123 000	1 073 000	1 054 000
Total Current Debt	4 041 000	2 215 000	4 600 000	1 498 000
Total Equity and Debt	11 763 000	12 382 000	11 846 000	9 203 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 440 000	22 573 000	21 629 000	17 548 000
Other Income	160 000	41 000	0	0
Revenue	21 600 000	22 615 000	21 629 000	17 548 000
Cost of Goods Sold	10 284 000	11 540 000	11 594 000	9 157 000
Salary Costs	4 124 000	4 075 000	3 588 000	3 304 000
Depreciation	250 000	179 000	214 000	219 000
Impairment	0	0	0	0
Expenditure	18 478 000	18 919 000	18 398 000	15 238 000
Operating Profit	3 122 000	3 696 000	3 231 000	2 309 000
Financial Income	40 000	6 000	11 000	19 000
Financial Costs	55 000	21 000	10 000	15 000
Financial Balance	−15 000	−15 000	1 000	4 000
Dividends	2 460 000	3 000 000	3 000 000	0
Net Income	2 423 000	2 871 000	2 521 000	1 804 000

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	1 382 000	1 273 000	1 321 000	810 000
Total Tangible Assets	1 382 000	1 273 000	1 321 000	810 000
Total Fiancial Fixed Assets	511 000	511 000	510 000	507 000
Total Fixed Assets	1 894 000	1 783 000	1 831 000	1 317 000
Stock	6 813 000	3 801 000	3 814 000	4 058 000
Total Investments	0	0	0	0
Cash, Bank	2 704 000	6 595 000	6 038 000	3 627 000
Total Current Assets	9 870 000	10 599 000	10 015 000	7 886 000
Total Assets	11 763 000	12 382 000	11 846 000	9 203 000
Total Equity	6 008 000	6 044 000	6 173 000	6 652 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 715 000	4 123 000	1 073 000	1 054 000
Creditors	26 000	32 000	14 000	4 000
Unpaid Taxes	628 000	1 129 000	633 000	741 000
Dividends	2 460 000	3 000 000	3 000 000	0
Other Current Debt	280 000	273 000	252 000	239 000
Total Current Debt	4 041 000	2 215 000	4 600 000	1 498 000
Total Equity and Debt	11 763 000	12 382 000	11 846 000	9 203 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,33 %	47,5 %	40,84 %	27,12 %
Debt-to-Equity Ratio	0,29	0,68	0,17	0,16
Operating Profit Margin	14,45 %	16,34 %	14,94 %	13,16 %
Current Ratio	2,44	4,79	2,18	5,26
Quick Ratio	−3,56	−6,68	12,74	−3,08
Equity Ratio	0,51	0,49	0,52	0,72
Gross Profit Margin	52,39 %	48,97 %	46,4 %	47,82 %