MOTAVO GROUP AS

3915 PORSGRUNN

Finances

Return on Equity

31,21 %

Current Ratio

1,49

Debt-to-Equity Ratio

0,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	211 324 000	143 162 000	104 969 000	89 059 000
Net Income	16 978 000	7 814 000	7 290 000	5 617 000
Total Assets	141 952 000	98 546 000	65 493 000	50 826 000
Total Equity	54 403 000	11 832 000	16 827 000	8 553 000

Income (NOK)	2022	2021	2020	2019
Revenue	211 324 000	143 162 000	104 969 000	89 059 000
Expenditure	186 824 000	131 499 000	94 352 000	80 786 000
Operating Profit	24 499 000	11 662 000	10 617 000	8 274 000
Financial Income	0	0	0	200 000
Financial Costs	1 174 000	902 000	711 000	868 000
Financial Balance	−1 174 000	−902 000	−711 000	−668 000
Earnings Before Tax	23 325 000	10 760 000	9 906 000	7 607 000
Tax	6 348 000	2 946 000	2 617 000	1 990 000
Net Income	16 978 000	7 814 000	7 290 000	5 617 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	70 518 000	31 445 000	19 116 000	22 231 000
Total Current Assets	71 434 000	67 101 000	46 377 000	28 595 000
Total Assets	141 952 000	98 546 000	65 493 000	50 826 000
Total Retained Equity	27 571 000	11 432 000	10 627 000	8 153 000
Total Equity	54 403 000	11 832 000	16 827 000	8 553 000
Total Long-Term Debt	39 701 000	39 765 000	25 966 000	23 506 000
Total Current Debt	47 848 000	46 949 000	22 700 000	18 767 000
Total Equity and Debt	141 952 000	98 546 000	65 493 000	50 826 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	211 324 000	143 162 000	104 969 000	89 059 000
Other Income	0	0	0	0
Revenue	211 324 000	143 162 000	104 969 000	89 059 000
Cost of Goods Sold	23 849 000	18 794 000	13 305 000	11 500 000
Salary Costs	116 336 000	80 633 000	57 982 000	50 589 000
Depreciation	8 984 000	5 466 000	4 659 000	3 690 000
Impairment	0	0	0	0
Expenditure	186 824 000	131 499 000	94 352 000	80 786 000
Operating Profit	24 499 000	11 662 000	10 617 000	8 274 000
Financial Income	0	0	0	200 000
Financial Costs	1 174 000	902 000	711 000	868 000
Financial Balance	−1 174 000	−902 000	−711 000	−668 000
Dividends	0	0	0	0
Net Income	16 978 000	7 814 000	7 290 000	5 617 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	64 180 000	23 321 000	14 350 000	13 393 000
Total Intangible Assets	64 862 000	23 988 000	14 549 000	13 551 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 250 000	7 156 000	4 308 000	5 140 000
Total Tangible Assets	5 250 000	7 156 000	4 308 000	5 140 000
Total Fiancial Fixed Assets	406 000	300 000	259 000	3 540 000
Total Fixed Assets	70 518 000	31 445 000	19 116 000	22 231 000
Stock	15 335 000	13 407 000	9 058 000	6 783 000
Total Investments	0	0	0	0
Cash, Bank	49 763 000	47 426 000	32 677 000	15 129 000
Total Current Assets	71 434 000	67 101 000	46 377 000	28 595 000
Total Assets	141 952 000	98 546 000	65 493 000	50 826 000
Total Equity	54 403 000	11 832 000	16 827 000	8 553 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	39 701 000	39 765 000	25 966 000	23 506 000
Creditors	2 931 000	3 911 000	2 182 000	2 297 000
Unpaid Taxes	15 318 000	13 502 000	8 459 000	6 088 000
Dividends	0	0	0	0
Other Current Debt	23 193 000	22 505 000	9 327 000	8 402 000
Total Current Debt	47 848 000	46 949 000	22 700 000	18 767 000
Total Equity and Debt	141 952 000	98 546 000	65 493 000	50 826 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,21 %	66,04 %	43,32 %	65,67 %
Debt-to-Equity Ratio	0,73	3,36	1,54	2,75
Operating Profit Margin	11,59 %	8,15 %	10,11 %	9,29 %
Current Ratio	1,49	1,43	2,04	1,52
Quick Ratio	2,2	2	3,4	2,39
Equity Ratio	0,38	0,12	0,26	0,17
Gross Profit Margin	88,71 %	86,87 %	87,32 %	87,09 %