HEMSEDAL MØBLER AS

3560 HEMSEDAL

Finances

Share Ownership

Return on Equity

14,16 %

Current Ratio

2,81

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 694 000	17 697 000	11 887 000	10 315 000
Net Income	979 000	2 198 000	973 000	162 000
Total Assets	11 716 000	12 707 000	9 694 000	9 471 000
Total Equity	6 916 000	6 016 000	3 917 000	2 954 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 694 000	17 697 000	11 887 000	10 315 000
Expenditure	12 396 000	14 692 000	10 640 000	10 076 000
Operating Profit	1 298 000	3 005 000	1 247 000	238 000
Financial Income	3 000	3 000	0	1 000
Financial Costs	5 000	3 000	2 000	4 000
Financial Balance	−2 000	0	−2 000	−3 000
Earnings Before Tax	1 296 000	3 005 000	1 246 000	235 000
Tax	318 000	807 000	273 000	73 000
Net Income	979 000	2 198 000	973 000	162 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 076 000	810 000	1 040 000	1 139 000
Total Current Assets	10 640 000	11 897 000	8 654 000	8 332 000
Total Assets	11 716 000	12 707 000	9 694 000	9 471 000
Total Retained Equity	6 376 000	5 476 000	3 377 000	2 414 000
Total Equity	6 916 000	6 016 000	3 917 000	2 954 000
Total Long-Term Debt	1 020 000	2 202 000	2 672 000	3 185 000
Total Current Debt	3 780 000	4 489 000	3 105 000	3 333 000
Total Equity and Debt	11 716 000	12 707 000	9 694 000	9 471 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 694 000	17 632 000	11 817 000	10 254 000
Other Income	0	64 000	71 000	60 000
Revenue	13 694 000	17 697 000	11 887 000	10 315 000
Cost of Goods Sold	6 102 000	7 676 000	5 130 000	4 289 000
Salary Costs	3 736 000	4 413 000	3 336 000	3 546 000
Depreciation	238 000	271 000	247 000	200 000
Impairment	0	0	0	0
Expenditure	12 396 000	14 692 000	10 640 000	10 076 000
Operating Profit	1 298 000	3 005 000	1 247 000	238 000
Financial Income	3 000	3 000	0	1 000
Financial Costs	5 000	3 000	2 000	4 000
Financial Balance	−2 000	0	−2 000	−3 000
Dividends	0	0	0	0
Net Income	979 000	2 198 000	973 000	162 000

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	861 000	717 000	980 000	1 037 000
Fixtures	30 000	9 000	16 000	30 000
Total Tangible Assets	891 000	726 000	996 000	1 067 000
Total Fiancial Fixed Assets	184 000	84 000	44 000	72 000
Total Fixed Assets	1 076 000	810 000	1 040 000	1 139 000
Stock	2 112 000	2 297 000	1 839 000	2 417 000
Total Investments	0	0	0	0
Cash, Bank	3 611 000	4 958 000	1 249 000	2 057 000
Total Current Assets	10 640 000	11 897 000	8 654 000	8 332 000
Total Assets	11 716 000	12 707 000	9 694 000	9 471 000
Total Equity	6 916 000	6 016 000	3 917 000	2 954 000
Short-Term Group Debt	286 000	185 000	62 000	51 000
Total Long-Term Debt	1 020 000	2 202 000	2 672 000	3 185 000
Creditors	1 126 000	907 000	687 000	1 500 000
Unpaid Taxes	1 083 000	1 303 000	1 211 000	941 000
Dividends	0	0	0	0
Other Current Debt	990 000	1 315 000	873 000	779 000
Total Current Debt	3 780 000	4 489 000	3 105 000	3 333 000
Total Equity and Debt	11 716 000	12 707 000	9 694 000	9 471 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,16 %	36,54 %	24,84 %	5,48 %
Debt-to-Equity Ratio	0,15	0,37	0,68	1,08
Operating Profit Margin	9,48 %	16,98 %	10,49 %	2,31 %
Current Ratio	2,81	2,65	2,79	2,5
Quick Ratio	6,38	5,43	6,84	9,1
Equity Ratio	0,59	0,47	0,4	0,31
Gross Profit Margin	55,44 %	56,63 %	56,84 %	58,42 %