MØBELSNEKKERSKOLEN AS

1850 MYSEN

Finances

Share Ownership

Return on Equity

42,52 %

Current Ratio

3,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 710 000	3 167 000	2 874 000	2 771 000
Net Income	918 000	517 000	293 000	135 000
Total Assets	3 065 000	1 843 000	1 484 000	1 090 000
Total Equity	2 159 000	1 241 000	724 000	432 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 710 000	3 167 000	2 874 000	2 771 000
Expenditure	2 822 000	2 662 000	2 597 000	2 607 000
Operating Profit	888 000	506 000	278 000	164 000
Financial Income	31 000	12 000	15 000	3 000
Financial Costs	1 000	0	0	1 000
Financial Balance	30 000	12 000	15 000	2 000
Earnings Before Tax	918 000	517 000	293 000	166 000
Tax	0	0	0	31 000
Net Income	918 000	517 000	293 000	135 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	38 000	57 000	77 000	25 000
Total Current Assets	3 027 000	1 787 000	1 407 000	1 065 000
Total Assets	3 065 000	1 843 000	1 484 000	1 090 000
Total Retained Equity	2 144 000	1 226 000	709 000	417 000
Total Equity	2 159 000	1 241 000	724 000	432 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	906 000	602 000	760 000	658 000
Total Equity and Debt	3 065 000	1 843 000	1 484 000	1 090 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 499 000	2 980 000	2 655 000	2 631 000
Other Income	211 000	186 000	219 000	140 000
Revenue	3 710 000	3 167 000	2 874 000	2 771 000
Cost of Goods Sold	306 000	195 000	303 000	336 000
Salary Costs	1 470 000	1 763 000	1 383 000	1 477 000
Depreciation	19 000	21 000	17 000	22 000
Impairment	0	0	0	0
Expenditure	2 822 000	2 662 000	2 597 000	2 607 000
Operating Profit	888 000	506 000	278 000	164 000
Financial Income	31 000	12 000	15 000	3 000
Financial Costs	1 000	0	0	1 000
Financial Balance	30 000	12 000	15 000	2 000
Dividends	0	0	0	0
Net Income	918 000	517 000	293 000	135 000

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	0	0	0	0
Fixtures	37 000	56 000	76 000	24 000
Total Tangible Assets	37 000	56 000	76 000	24 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	38 000	57 000	77 000	25 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 798 000	1 601 000	1 145 000	840 000
Total Current Assets	3 027 000	1 787 000	1 407 000	1 065 000
Total Assets	3 065 000	1 843 000	1 484 000	1 090 000
Total Equity	2 159 000	1 241 000	724 000	432 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	83 000	72 000	68 000	118 000
Unpaid Taxes	102 000	117 000	147 000	102 000
Dividends	0	0	0	0
Other Current Debt	720 000	413 000	545 000	408 000
Total Current Debt	906 000	602 000	760 000	658 000
Total Equity and Debt	3 065 000	1 843 000	1 484 000	1 090 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,52 %	41,66 %	40,47 %	31,25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	23,94 %	15,98 %	9,67 %	5,92 %
Current Ratio	3,34	2,97	1,85	1,62
Quick Ratio	3,34	2,97	1,85	1,62
Equity Ratio	0,7	0,67	0,49	0,4
Gross Profit Margin	91,75 %	93,84 %	89,46 %	87,87 %