SWEDESE MÖBLER AS

2013 SKJETTEN

Finances

Share Ownership

Return on Equity

28,15 %

Current Ratio

1,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	2 000 000	2 335 000	1 920 000
Net Income	96 000	115 000	99 000
Total Assets	868 000	735 000	518 000
Total Equity	341 000	245 000	129 000

Income (NOK)	2022	2021	2020
Revenue	2 000 000	2 335 000	1 920 000
Expenditure	1 870 000	2 182 000	1 792 000
Operating Profit	131 000	152 000	128 000
Financial Income	0	0	0
Financial Costs	4 000	2 000	2 000
Financial Balance	−4 000	−2 000	−2 000
Earnings Before Tax	127 000	150 000	126 000
Tax	31 000	35 000	26 000
Net Income	96 000	115 000	99 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	80 000	126 000	183 000
Total Current Assets	788 000	609 000	335 000
Total Assets	868 000	735 000	518 000
Total Retained Equity	311 000	215 000	99 000
Total Equity	341 000	245 000	129 000
Total Long-Term Debt	0	0	0
Total Current Debt	527 000	490 000	388 000
Total Equity and Debt	868 000	735 000	518 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 000 000	2 335 000	1 795 000
Other Income	0	0	126 000
Revenue	2 000 000	2 335 000	1 920 000
Cost of Goods Sold	0	0	0
Salary Costs	1 008 000	1 438 000	1 214 000
Depreciation	46 000	57 000	4 000
Impairment	0	0	0
Expenditure	1 870 000	2 182 000	1 792 000
Operating Profit	131 000	152 000	128 000
Financial Income	0	0	0
Financial Costs	4 000	2 000	2 000
Financial Balance	−4 000	−2 000	−2 000
Dividends	0	0	0
Net Income	96 000	115 000	99 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	30 000	76 000	133 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	30 000	76 000	133 000
Total Fiancial Fixed Assets	50 000	50 000	50 000
Total Fixed Assets	80 000	126 000	183 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	303 000	322 000	171 000
Total Current Assets	788 000	609 000	335 000
Total Assets	868 000	735 000	518 000
Total Equity	341 000	245 000	129 000
Short-Term Group Debt	208 000	208 000	208 000
Total Long-Term Debt	0	0	0
Creditors	47 000	58 000	9 000
Unpaid Taxes	74 000	66 000	57 000
Dividends	0	0	0
Other Current Debt	168 000	123 000	93 000
Total Current Debt	527 000	490 000	388 000
Total Equity and Debt	868 000	735 000	518 000

Financial indicators	2022	2021	2020
Return on Equity	28,15 %	46,94 %	76,74 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	6,55 %	6,51 %	6,67 %
Current Ratio	1,5	1,24	0,86
Quick Ratio	1,5	1,24	0,86
Equity Ratio	0,39	0,33	0,25
Gross Profit Margin	100 %	100 %	100 %