MORENE PRODUKTER AS

4362 VIGRESTAD

Finances

Share Ownership

Return on Equity

9,26 %

Current Ratio

1,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	82 187 000	84 517 000	72 345 000	63 260 000
Net Income	1 540 000	9 584 000	5 677 000	4 313 000
Total Assets	34 765 000	34 289 000	31 871 000	26 037 000
Total Equity	16 622 000	15 082 000	11 498 000	15 821 000

Income (NOK)	2022	2021	2020	2019
Revenue	82 187 000	84 517 000	72 345 000	63 260 000
Expenditure	79 602 000	72 093 000	65 118 000	57 049 000
Operating Profit	2 585 000	12 424 000	7 227 000	6 211 000
Financial Income	605 000	418 000	4 000	75 000
Financial Costs	1 210 000	554 000	81 000	812 000
Financial Balance	−605 000	−136 000	−77 000	−737 000
Earnings Before Tax	1 980 000	12 288 000	7 150 000	5 474 000
Tax	440 000	2 704 000	1 473 000	1 161 000
Net Income	1 540 000	9 584 000	5 677 000	4 313 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	924 000	596 000	565 000	422 000
Total Current Assets	33 841 000	33 693 000	31 306 000	25 616 000
Total Assets	34 765 000	34 289 000	31 871 000	26 037 000
Total Retained Equity	14 122 000	12 582 000	8 998 000	13 321 000
Total Equity	16 622 000	15 082 000	11 498 000	15 821 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	18 143 000	19 207 000	20 372 000	10 216 000
Total Equity and Debt	34 765 000	34 289 000	31 871 000	26 037 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	82 187 000	84 425 000	72 084 000	63 186 000
Other Income	0	91 000	262 000	73 000
Revenue	82 187 000	84 517 000	72 345 000	63 260 000
Cost of Goods Sold	57 561 000	54 806 000	51 752 000	43 672 000
Salary Costs	6 710 000	5 601 000	4 143 000	4 465 000
Depreciation	178 000	229 000	188 000	233 000
Impairment	0	0	0	0
Expenditure	79 602 000	72 093 000	65 118 000	57 049 000
Operating Profit	2 585 000	12 424 000	7 227 000	6 211 000
Financial Income	605 000	418 000	4 000	75 000
Financial Costs	1 210 000	554 000	81 000	812 000
Financial Balance	−605 000	−136 000	−77 000	−737 000
Dividends	0	6 000 000	10 000 000	2 000 000
Net Income	1 540 000	9 584 000	5 677 000	4 313 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	240 000	253 000	238 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	684 000	343 000	327 000	422 000
Total Tangible Assets	684 000	343 000	327 000	422 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	924 000	596 000	565 000	422 000
Stock	17 063 000	3 338 000	10 000 000	10 765 000
Total Investments	0	0	0	0
Cash, Bank	1 852 000	13 980 000	13 453 000	6 628 000
Total Current Assets	33 841 000	33 693 000	31 306 000	25 616 000
Total Assets	34 765 000	34 289 000	31 871 000	26 037 000
Total Equity	16 622 000	15 082 000	11 498 000	15 821 000
Short-Term Group Debt	5 995 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 138 000	6 844 000	5 138 000	4 310 000
Unpaid Taxes	2 996 000	3 168 000	3 167 000	2 363 000
Dividends	0	6 000 000	10 000 000	2 000 000
Other Current Debt	588 000	477 000	357 000	383 000
Total Current Debt	18 143 000	19 207 000	20 372 000	10 216 000
Total Equity and Debt	34 765 000	34 289 000	31 871 000	26 037 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,26 %	63,55 %	49,37 %	27,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,15 %	14,7 %	9,99 %	9,82 %
Current Ratio	1,87	1,75	1,54	2,51
Quick Ratio	31,33	2,12	3,02	−46,66
Equity Ratio	0,48	0,44	0,36	0,61
Gross Profit Margin	29,96 %	35,15 %	28,46 %	30,96 %