MØRE MANAGEMENT AS

6260 SKODJE

Finances

Return on Equity

3,55 %

Current Ratio

7,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 247 000	1 987 000	1 937 000	1 570 000
Net Income	327 000	2 422 000	−10 000	393 000
Total Assets	9 979 000	9 309 000	6 934 000	7 627 000
Total Equity	9 214 000	8 886 000	6 464 000	6 984 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 247 000	1 987 000	1 937 000	1 570 000
Expenditure	2 550 000	1 138 000	1 788 000	1 138 000
Operating Profit	697 000	849 000	150 000	433 000
Financial Income	20 000	1 771 000	52 000	130 000
Financial Costs	219 000	0	17 000	59 000
Financial Balance	−199 000	1 771 000	35 000	71 000
Earnings Before Tax	499 000	2 620 000	184 000	504 000
Tax	171 000	198 000	194 000	111 000
Net Income	327 000	2 422 000	−10 000	393 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 907 000	3 064 000	811 000	941 000
Total Current Assets	6 072 000	6 245 000	6 123 000	6 686 000
Total Assets	9 979 000	9 309 000	6 934 000	7 627 000
Total Retained Equity	9 114 000	8 786 000	6 364 000	6 884 000
Total Equity	9 214 000	8 886 000	6 464 000	6 984 000
Total Long-Term Debt	0	0	6 000	11 000
Total Current Debt	765 000	422 000	465 000	632 000
Total Equity and Debt	9 979 000	9 309 000	6 934 000	7 627 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 208 000	1 967 000	1 919 000	1 536 000
Other Income	38 000	20 000	18 000	34 000
Revenue	3 247 000	1 987 000	1 937 000	1 570 000
Cost of Goods Sold	74 000	0	0	0
Salary Costs	1 640 000	846 000	773 000	719 000
Depreciation	162 000	115 000	115 000	67 000
Impairment	0	0	0	0
Expenditure	2 550 000	1 138 000	1 788 000	1 138 000
Operating Profit	697 000	849 000	150 000	433 000
Financial Income	20 000	1 771 000	52 000	130 000
Financial Costs	219 000	0	17 000	59 000
Financial Balance	−199 000	1 771 000	35 000	71 000
Dividends	0	0	0	0
Net Income	327 000	2 422 000	−10 000	393 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 768 000	2 768 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	339 000	278 000	393 000	508 000
Total Tangible Assets	3 107 000	3 046 000	393 000	508 000
Total Fiancial Fixed Assets	800 000	18 000	418 000	433 000
Total Fixed Assets	3 907 000	3 064 000	811 000	941 000
Stock	500 000	500 000	0	0
Total Investments	0	0	0	0
Cash, Bank	3 420 000	3 510 000	3 378 000	4 064 000
Total Current Assets	6 072 000	6 245 000	6 123 000	6 686 000
Total Assets	9 979 000	9 309 000	6 934 000	7 627 000
Total Equity	9 214 000	8 886 000	6 464 000	6 984 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	6 000	11 000
Creditors	11 000	16 000	41 000	34 000
Unpaid Taxes	448 000	143 000	172 000	416 000
Dividends	0	0	0	0
Other Current Debt	135 000	60 000	53 000	81 000
Total Current Debt	765 000	422 000	465 000	632 000
Total Equity and Debt	9 979 000	9 309 000	6 934 000	7 627 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,55 %	27,26 %	−0,15 %	5,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	21,47 %	42,73 %	7,74 %	27,58 %
Current Ratio	7,94	14,8	13,17	10,58
Quick Ratio	22,91	−80,06	13,17	10,58
Equity Ratio	0,92	0,95	0,93	0,92
Gross Profit Margin	97,72 %	100 %	100 %	100 %