MØRE BÅND & VEV AS

6630 TINGVOLL

Finances

Share Ownership

Return on Equity

6,39 %

Current Ratio

4,07

Debt-to-Equity Ratio

4,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 866 000	3 766 000	3 138 000	3 260 000
Net Income	47 000	80 000	231 000	159 000
Total Assets	4 344 000	4 389 000	4 411 000	4 501 000
Total Equity	735 000	687 000	607 000	376 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 866 000	3 766 000	3 138 000	3 260 000
Expenditure	3 566 000	3 470 000	2 706 000	2 953 000
Operating Profit	300 000	295 000	433 000	307 000
Financial Income	2 000	1 000	0	0
Financial Costs	223 000	199 000	188 000	149 000
Financial Balance	−221 000	−198 000	−188 000	−149 000
Earnings Before Tax	79 000	97 000	245 000	159 000
Tax	32 000	17 000	14 000	0
Net Income	47 000	80 000	231 000	159 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 053 000	2 172 000	2 156 000	2 138 000
Total Current Assets	2 291 000	2 217 000	2 255 000	2 363 000
Total Assets	4 344 000	4 389 000	4 411 000	4 501 000
Total Retained Equity	325 000	277 000	197 000	−34 000
Total Equity	735 000	687 000	607 000	376 000
Total Long-Term Debt	3 046 000	3 238 000	3 224 000	3 328 000
Total Current Debt	563 000	464 000	580 000	797 000
Total Equity and Debt	4 344 000	4 389 000	4 411 000	4 501 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 866 000	3 766 000	3 119 000	3 260 000
Other Income	0	0	19 000	0
Revenue	3 866 000	3 766 000	3 138 000	3 260 000
Cost of Goods Sold	800 000	746 000	548 000	400 000
Salary Costs	2 021 000	1 913 000	1 554 000	1 863 000
Depreciation	115 000	114 000	83 000	56 000
Impairment	0	0	0	0
Expenditure	3 566 000	3 470 000	2 706 000	2 953 000
Operating Profit	300 000	295 000	433 000	307 000
Financial Income	2 000	1 000	0	0
Financial Costs	223 000	199 000	188 000	149 000
Financial Balance	−221 000	−198 000	−188 000	−149 000
Dividends	0	0	0	0
Net Income	47 000	80 000	231 000	159 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 053 000	2 167 000	2 151 000	2 134 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 053 000	2 167 000	2 151 000	2 134 000
Total Fiancial Fixed Assets	0	5 000	4 000	4 000
Total Fixed Assets	2 053 000	2 172 000	2 156 000	2 138 000
Stock	1 302 000	1 297 000	1 226 000	1 262 000
Total Investments	0	0	0	0
Cash, Bank	583 000	748 000	850 000	939 000
Total Current Assets	2 291 000	2 217 000	2 255 000	2 363 000
Total Assets	4 344 000	4 389 000	4 411 000	4 501 000
Total Equity	735 000	687 000	607 000	376 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 046 000	3 238 000	3 224 000	3 328 000
Creditors	71 000	26 000	220 000	492 000
Unpaid Taxes	187 000	200 000	139 000	104 000
Dividends	0	0	0	0
Other Current Debt	273 000	221 000	207 000	201 000
Total Current Debt	563 000	464 000	580 000	797 000
Total Equity and Debt	4 344 000	4 389 000	4 411 000	4 501 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,39 %	11,64 %	38,06 %	42,29 %
Debt-to-Equity Ratio	4,14	4,71	5,31	8,85
Operating Profit Margin	7,76 %	7,83 %	13,8 %	9,42 %
Current Ratio	4,07	4,78	3,89	2,96
Quick Ratio	−3,1	−2,66	−3,49	−5,08
Equity Ratio	0,17	0,16	0,14	0,08
Gross Profit Margin	79,31 %	80,19 %	82,54 %	87,73 %