MØBELRINGEN KONGSVINGER AS

2211 KONGSVINGER

Finances

Return on Equity

6,08 %

Current Ratio

2,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 228 000	34 204 000	29 360 000	28 112 000
Net Income	393 000	2 995 000	3 026 000	1 052 000
Total Assets	11 182 000	14 154 000	14 257 000	11 377 000
Total Equity	6 460 000	6 694 000	5 809 000	4 674 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 228 000	34 204 000	29 360 000	28 112 000
Expenditure	25 709 000	30 343 000	25 465 000	26 748 000
Operating Profit	519 000	3 862 000	3 895 000	1 364 000
Financial Income	2 000	4 000	13 000	5 000
Financial Costs	14 000	22 000	27 000	17 000
Financial Balance	−12 000	−18 000	−14 000	−12 000
Earnings Before Tax	507 000	3 843 000	3 881 000	1 353 000
Tax	114 000	848 000	855 000	301 000
Net Income	393 000	2 995 000	3 026 000	1 052 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	638 000	790 000	843 000	939 000
Total Current Assets	10 544 000	13 364 000	13 414 000	10 437 000
Total Assets	11 182 000	14 154 000	14 257 000	11 377 000
Total Retained Equity	5 660 000	5 894 000	5 009 000	3 874 000
Total Equity	6 460 000	6 694 000	5 809 000	4 674 000
Total Long-Term Debt	1 000	121 000	262 000	395 000
Total Current Debt	4 721 000	7 340 000	8 186 000	6 308 000
Total Equity and Debt	11 182 000	14 154 000	14 257 000	11 377 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 215 000	34 194 000	29 217 000	27 798 000
Other Income	13 000	10 000	142 000	314 000
Revenue	26 228 000	34 204 000	29 360 000	28 112 000
Cost of Goods Sold	14 525 000	19 162 000	16 070 000	16 191 000
Salary Costs	5 646 000	5 080 000	4 432 000	5 025 000
Depreciation	152 000	153 000	141 000	67 000
Impairment	0	0	0	0
Expenditure	25 709 000	30 343 000	25 465 000	26 748 000
Operating Profit	519 000	3 862 000	3 895 000	1 364 000
Financial Income	2 000	4 000	13 000	5 000
Financial Costs	14 000	22 000	27 000	17 000
Financial Balance	−12 000	−18 000	−14 000	−12 000
Dividends	430 000	1 950 000	1 400 000	1 250 000
Net Income	393 000	2 995 000	3 026 000	1 052 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	253 000	373 000	383 000	453 000
Fixtures	35 000	67 000	110 000	136 000
Total Tangible Assets	288 000	440 000	493 000	590 000
Total Fiancial Fixed Assets	350 000	350 000	350 000	350 000
Total Fixed Assets	638 000	790 000	843 000	939 000
Stock	7 683 000	7 416 000	7 243 000	6 549 000
Total Investments	0	0	0	0
Cash, Bank	307 000	2 595 000	2 443 000	2 713 000
Total Current Assets	10 544 000	13 364 000	13 414 000	10 437 000
Total Assets	11 182 000	14 154 000	14 257 000	11 377 000
Total Equity	6 460 000	6 694 000	5 809 000	4 674 000
Short-Term Group Debt	493 000	481 000	1 153 000	595 000
Total Long-Term Debt	1 000	121 000	262 000	395 000
Creditors	872 000	1 021 000	1 773 000	1 635 000
Unpaid Taxes	964 000	1 133 000	1 185 000	1 123 000
Dividends	430 000	1 950 000	1 400 000	1 250 000
Other Current Debt	1 752 000	1 943 000	1 952 000	1 578 000
Total Current Debt	4 721 000	7 340 000	8 186 000	6 308 000
Total Equity and Debt	11 182 000	14 154 000	14 257 000	11 377 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,08 %	44,74 %	52,09 %	22,51 %
Debt-to-Equity Ratio	0	0,02	0,05	0,08
Operating Profit Margin	1,98 %	11,29 %	13,27 %	4,85 %
Current Ratio	2,23	1,82	1,64	1,65
Quick Ratio	−3,56	−175,84	14,22	−43,31
Equity Ratio	0,58	0,47	0,41	0,41
Gross Profit Margin	44,62 %	43,98 %	45,27 %	42,41 %