MØBELGALLERIET TELEMARK AS

3735 SKIEN

Finances

Share Ownership

Return on Equity

−2,45 %

Current Ratio

3,07

Debt-to-Equity Ratio

1,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 601 000	15 291 000	11 626 000	10 504 000
Net Income	−53 000	711 000	239 000	49 000
Total Assets	6 963 000	6 915 000	6 337 000	5 937 000
Total Equity	2 160 000	2 213 000	2 402 000	2 163 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 601 000	15 291 000	11 626 000	10 504 000
Expenditure	13 574 000	14 424 000	11 168 000	10 318 000
Operating Profit	29 000	868 000	457 000	187 000
Financial Income	66 000	196 000	59 000	11 000
Financial Costs	159 000	150 000	209 000	135 000
Financial Balance	−93 000	46 000	−150 000	−124 000
Earnings Before Tax	−64 000	915 000	308 000	63 000
Tax	−11 000	204 000	69 000	14 000
Net Income	−53 000	711 000	239 000	49 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	52 000	55 000	6 000	7 000
Total Current Assets	6 910 000	6 861 000	6 331 000	5 930 000
Total Assets	6 963 000	6 915 000	6 337 000	5 937 000
Total Retained Equity	2 060 000	2 113 000	2 302 000	2 063 000
Total Equity	2 160 000	2 213 000	2 402 000	2 163 000
Total Long-Term Debt	2 552 000	2 065 000	2 271 000	2 425 000
Total Current Debt	2 251 000	2 637 000	1 663 000	1 349 000
Total Equity and Debt	6 963 000	6 915 000	6 337 000	5 937 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 601 000	15 284 000	11 622 000	10 502 000
Other Income	0	7 000	4 000	2 000
Revenue	13 601 000	15 291 000	11 626 000	10 504 000
Cost of Goods Sold	9 427 000	10 688 000	7 862 000	6 835 000
Salary Costs	2 296 000	2 021 000	1 712 000	1 867 000
Depreciation	14 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	13 574 000	14 424 000	11 168 000	10 318 000
Operating Profit	29 000	868 000	457 000	187 000
Financial Income	66 000	196 000	59 000	11 000
Financial Costs	159 000	150 000	209 000	135 000
Financial Balance	−93 000	46 000	−150 000	−124 000
Dividends	0	900 000	0	0
Net Income	−53 000	711 000	239 000	49 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 000	2 000	6 000	7 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	39 000	53 000	0	0
Total Tangible Assets	39 000	53 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	52 000	55 000	6 000	7 000
Stock	4 615 000	4 553 000	4 686 000	4 373 000
Total Investments	0	0	0	0
Cash, Bank	1 410 000	1 947 000	1 433 000	1 424 000
Total Current Assets	6 910 000	6 861 000	6 331 000	5 930 000
Total Assets	6 963 000	6 915 000	6 337 000	5 937 000
Total Equity	2 160 000	2 213 000	2 402 000	2 163 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 552 000	2 065 000	2 271 000	2 425 000
Creditors	1 272 000	788 000	996 000	662 000
Unpaid Taxes	687 000	683 000	377 000	424 000
Dividends	0	900 000	0	0
Other Current Debt	292 000	266 000	223 000	256 000
Total Current Debt	2 251 000	2 637 000	1 663 000	1 349 000
Total Equity and Debt	6 963 000	6 915 000	6 337 000	5 937 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,45 %	32,13 %	9,95 %	2,27 %
Debt-to-Equity Ratio	1,18	0,93	0,95	1,12
Operating Profit Margin	0,21 %	5,68 %	3,93 %	1,78 %
Current Ratio	3,07	2,6	3,81	4,4
Quick Ratio	−2,92	−3,58	−2,09	−1,96
Equity Ratio	0,31	0,32	0,38	0,36
Gross Profit Margin	30,69 %	30,1 %	32,38 %	34,93 %