MØBELRINGEN EGERSUND AS

4370 EGERSUND

Finances

Share Ownership

Return on Equity

10,07 %

Current Ratio

1,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 790 000	10 863 000	9 421 000	8 107 000
Net Income	112 000	666 000	178 000	81 000
Total Assets	3 397 000	3 938 000	2 812 000	3 093 000
Total Equity	1 112 000	1 000 000	1 000 000	646 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 790 000	10 863 000	9 421 000	8 107 000
Expenditure	9 644 000	10 002 000	9 144 000	7 937 000
Operating Profit	145 000	860 000	277 000	170 000
Financial Income	2 000	0	0	0
Financial Costs	4 000	8 000	48 000	67 000
Financial Balance	−2 000	−8 000	−48 000	−67 000
Earnings Before Tax	144 000	853 000	229 000	104 000
Tax	32 000	188 000	50 000	23 000
Net Income	112 000	666 000	178 000	81 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	161 000	17 000	45 000	191 000
Total Current Assets	3 236 000	3 921 000	2 766 000	2 902 000
Total Assets	3 397 000	3 938 000	2 812 000	3 093 000
Total Retained Equity	112 000	0	0	−359 000
Total Equity	1 112 000	1 000 000	1 000 000	646 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 285 000	2 938 000	1 811 000	2 447 000
Total Equity and Debt	3 397 000	3 938 000	2 812 000	3 093 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 782 000	10 850 000	9 391 000	8 091 000
Other Income	8 000	13 000	30 000	16 000
Revenue	9 790 000	10 863 000	9 421 000	8 107 000
Cost of Goods Sold	5 597 000	6 009 000	5 792 000	5 107 000
Salary Costs	1 580 000	1 772 000	1 520 000	976 000
Depreciation	39 000	12 000	12 000	7 000
Impairment	0	0	0	0
Expenditure	9 644 000	10 002 000	9 144 000	7 937 000
Operating Profit	145 000	860 000	277 000	170 000
Financial Income	2 000	0	0	0
Financial Costs	4 000	8 000	48 000	67 000
Financial Balance	−2 000	−8 000	−48 000	−67 000
Dividends	0	666 000	178 000	0
Net Income	112 000	666 000	178 000	81 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 000	8 000	25 000	175 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	156 000	9 000	21 000	17 000
Total Tangible Assets	156 000	9 000	21 000	17 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	161 000	17 000	45 000	191 000
Stock	2 244 000	2 004 000	1 887 000	2 002 000
Total Investments	0	0	0	0
Cash, Bank	717 000	1 344 000	231 000	102 000
Total Current Assets	3 236 000	3 921 000	2 766 000	2 902 000
Total Assets	3 397 000	3 938 000	2 812 000	3 093 000
Total Equity	1 112 000	1 000 000	1 000 000	646 000
Short-Term Group Debt	844 000	178 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	547 000	678 000	394 000	360 000
Unpaid Taxes	309 000	184 000	285 000	335 000
Dividends	0	666 000	178 000	0
Other Current Debt	556 000	1 061 000	955 000	446 000
Total Current Debt	2 285 000	2 938 000	1 811 000	2 447 000
Total Equity and Debt	3 397 000	3 938 000	2 812 000	3 093 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,07 %	66,6 %	17,8 %	12,54 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,48 %	7,92 %	2,94 %	2,1 %
Current Ratio	1,42	1,33	1,53	1,19
Quick Ratio	78,93	4,2	−36,39	6,52
Equity Ratio	0,33	0,25	0,36	0,21
Gross Profit Margin	42,83 %	44,68 %	38,52 %	37,01 %