MØRENOT FISHERY AS

6010 ÅLESUND

Finances

Return on Equity

31,19 %

Current Ratio

0,74

Debt-to-Equity Ratio

0,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	567 948 000	485 966 000	419 229 000	443 716 000
Net Income	50 351 000	17 038 000	18 027 000	5 369 000
Total Assets	705 376 000	560 328 000	418 747 000	382 573 000
Total Equity	161 425 000	163 623 000	161 325 000	108 855 000

Income (NOK)	2022	2021	2020	2019
Revenue	567 948 000	485 966 000	419 229 000	443 716 000
Expenditure	507 863 000	459 640 000	384 780 000	429 226 000
Operating Profit	60 085 000	26 327 000	34 449 000	14 490 000
Financial Income	21 873 000	14 088 000	14 430 000	2 150 000
Financial Costs	17 320 000	18 182 000	25 317 000	8 684 000
Financial Balance	4 553 000	−4 094 000	−10 887 000	−6 534 000
Earnings Before Tax	64 638 000	22 233 000	23 562 000	7 955 000
Tax	14 287 000	5 195 000	5 536 000	2 586 000
Net Income	50 351 000	17 038 000	18 027 000	5 369 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	345 238 000	282 911 000	212 879 000	164 462 000
Total Current Assets	360 138 000	277 417 000	205 867 000	218 111 000
Total Assets	705 376 000	560 328 000	418 747 000	382 573 000
Total Retained Equity	104 466 000	106 664 000	104 366 000	101 031 000
Total Equity	161 425 000	163 623 000	161 325 000	108 855 000
Total Long-Term Debt	55 279 000	58 771 000	13 916 000	62 922 000
Total Current Debt	488 672 000	337 934 000	243 505 000	210 796 000
Total Equity and Debt	705 376 000	560 328 000	418 747 000	382 573 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	566 558 000	482 194 000	408 067 000	429 380 000
Other Income	1 390 000	3 772 000	11 162 000	14 336 000
Revenue	567 948 000	485 966 000	419 229 000	443 716 000
Cost of Goods Sold	383 765 000	334 620 000	266 934 000	287 037 000
Salary Costs	66 105 000	59 618 000	55 602 000	65 939 000
Depreciation	7 362 000	6 149 000	4 672 000	6 765 000
Impairment	1 807 000	0	0	0
Expenditure	507 863 000	459 640 000	384 780 000	429 226 000
Operating Profit	60 085 000	26 327 000	34 449 000	14 490 000
Financial Income	21 873 000	14 088 000	14 430 000	2 150 000
Financial Costs	17 320 000	18 182 000	25 317 000	8 684 000
Financial Balance	4 553 000	−4 094 000	−10 887 000	−6 534 000
Dividends	0	0	0	0
Net Income	50 351 000	17 038 000	18 027 000	5 369 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	16 078 000	11 156 000	4 032 000	495 000
Real Eastate	68 318 000	69 901 000	63 168 000	37 456 000
Machinery and Plant Facilities	1 586 000	2 747 000	2 084 000	2 070 000
Fixtures	10 015 000	11 691 000	6 942 000	3 228 000
Total Tangible Assets	79 919 000	84 339 000	72 194 000	42 754 000
Total Fiancial Fixed Assets	249 241 000	187 416 000	136 653 000	121 213 000
Total Fixed Assets	345 238 000	282 911 000	212 879 000	164 462 000
Stock	175 685 000	144 237 000	121 077 000	105 764 000
Total Investments	0	0	0	0
Cash, Bank	2 174 000	2 992 000	12 661 000	1 995 000
Total Current Assets	360 138 000	277 417 000	205 867 000	218 111 000
Total Assets	705 376 000	560 328 000	418 747 000	382 573 000
Total Equity	161 425 000	163 623 000	161 325 000	108 855 000
Short-Term Group Debt	357 754 000	198 752 000	127 010 000	92 331 000
Total Long-Term Debt	55 279 000	58 771 000	13 916 000	62 922 000
Creditors	86 893 000	88 465 000	81 530 000	42 481 000
Unpaid Taxes	7 729 000	8 483 000	1 268 000	5 840 000
Dividends	0	0	0	0
Other Current Debt	33 992 000	41 403 000	30 509 000	70 144 000
Total Current Debt	488 672 000	337 934 000	243 505 000	210 796 000
Total Equity and Debt	705 376 000	560 328 000	418 747 000	382 573 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,19 %	10,41 %	11,17 %	4,93 %
Debt-to-Equity Ratio	0,34	0,36	0,09	0,58
Operating Profit Margin	10,58 %	5,42 %	8,22 %	3,27 %
Current Ratio	0,74	0,82	0,85	1,03
Quick Ratio	1,15	1,43	1,68	2,08
Equity Ratio	0,23	0,29	0,39	0,28
Gross Profit Margin	32,43 %	31,14 %	36,33 %	35,31 %