FORMFIN MØBLER AS

6224 HUNDEIDVIK

Finances

Return on Equity

−51,93 %

Current Ratio

1,84

Debt-to-Equity Ratio

0,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	49 453 000	66 191 000	54 600 000	48 629 000
Net Income	−3 021 000	3 263 000	2 917 000	−4 712 000
Total Assets	18 411 000	23 613 000	19 095 000	13 872 000
Total Equity	5 818 000	8 839 000	6 076 000	−743 000

Income (NOK)	2022	2021	2020	2019
Revenue	49 453 000	66 191 000	54 600 000	48 629 000
Expenditure	52 189 000	63 399 000	51 298 000	51 131 000
Operating Profit	−2 649 000	3 464 000	3 257 000	−4 317 000
Financial Income	97 000	107 000	116 000	24 000
Financial Costs	469 000	308 000	456 000	420 000
Financial Balance	−372 000	−201 000	−340 000	−396 000
Earnings Before Tax	−3 021 000	3 263 000	2 917 000	−4 712 000
Tax	0	0	0	0
Net Income	−3 021 000	3 263 000	2 917 000	−4 712 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 101 000	2 467 000	1 034 000	1 578 000
Total Current Assets	16 311 000	21 146 000	18 061 000	12 295 000
Total Assets	18 411 000	23 613 000	19 095 000	13 872 000
Total Retained Equity	2 831 000	5 852 000	3 089 000	−2 243 000
Total Equity	5 818 000	8 839 000	6 076 000	−743 000
Total Long-Term Debt	3 750 000	4 375 000	4 000 000	0
Total Current Debt	8 844 000	10 399 000	9 019 000	14 615 000
Total Equity and Debt	18 411 000	23 613 000	19 095 000	13 872 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	49 359 000	66 180 000	54 461 000	48 629 000
Other Income	94 000	11 000	140 000	0
Revenue	49 453 000	66 191 000	54 600 000	48 629 000
Cost of Goods Sold	19 545 000	25 548 000	19 187 000	16 979 000
Salary Costs	19 773 000	21 657 000	17 794 000	19 439 000
Depreciation	678 000	499 000	489 000	507 000
Impairment	0	0	0	0
Expenditure	52 189 000	63 399 000	51 298 000	51 131 000
Operating Profit	−2 649 000	3 464 000	3 257 000	−4 317 000
Financial Income	97 000	107 000	116 000	24 000
Financial Costs	469 000	308 000	456 000	420 000
Financial Balance	−372 000	−201 000	−340 000	−396 000
Dividends	0	500 000	0	0
Net Income	−3 021 000	3 263 000	2 917 000	−4 712 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	695 000	772 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 221 000	1 548 000	747 000	1 132 000
Total Tangible Assets	1 221 000	1 548 000	747 000	1 132 000
Total Fiancial Fixed Assets	185 000	146 000	288 000	446 000
Total Fixed Assets	2 101 000	2 467 000	1 034 000	1 578 000
Stock	7 383 000	7 296 000	6 624 000	6 669 000
Total Investments	0	0	0	0
Cash, Bank	638 000	1 831 000	5 359 000	876 000
Total Current Assets	16 311 000	21 146 000	18 061 000	12 295 000
Total Assets	18 411 000	23 613 000	19 095 000	13 872 000
Total Equity	5 818 000	8 839 000	6 076 000	−743 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 750 000	4 375 000	4 000 000	0
Creditors	2 860 000	4 023 000	3 181 000	4 703 000
Unpaid Taxes	2 070 000	2 710 000	2 784 000	2 333 000
Dividends	0	500 000	0	0
Other Current Debt	3 370 000	3 166 000	3 054 000	5 130 000
Total Current Debt	8 844 000	10 399 000	9 019 000	14 615 000
Total Equity and Debt	18 411 000	23 613 000	19 095 000	13 872 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−51,93 %	36,92 %	48,01 %	634,19 %
Debt-to-Equity Ratio	0,64	0,49	0,66	−0
Operating Profit Margin	−5,36 %	5,23 %	5,97 %	−8,88 %
Current Ratio	1,84	2,03	2	0,84
Quick Ratio	11,16	6,81	7,54	1,55
Equity Ratio	0,32	0,37	0,32	−0,05
Gross Profit Margin	60,48 %	61,4 %	64,86 %	65,08 %