MØBELRINGEN FAGERNES AS

2900 FAGERNES

Finances

Return on Equity

9,28 %

Current Ratio

2,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 654 000	15 690 000	14 030 000	12 796 000
Net Income	490 000	1 303 000	1 020 000	338 000
Total Assets	7 755 000	7 976 000	7 122 000	6 432 000
Total Equity	5 279 000	4 989 000	4 286 000	3 667 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 654 000	15 690 000	14 030 000	12 796 000
Expenditure	13 972 000	14 022 000	12 684 000	12 322 000
Operating Profit	683 000	1 667 000	1 346 000	475 000
Financial Income	9 000	12 000	12 000	14 000
Financial Costs	17 000	12 000	43 000	40 000
Financial Balance	−8 000	0	−31 000	−26 000
Earnings Before Tax	675 000	1 668 000	1 315 000	449 000
Tax	185 000	365 000	296 000	111 000
Net Income	490 000	1 303 000	1 020 000	338 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	596 000	707 000	363 000	432 000
Total Current Assets	7 159 000	7 268 000	6 758 000	5 999 000
Total Assets	7 755 000	7 976 000	7 122 000	6 432 000
Total Retained Equity	4 479 000	4 189 000	3 486 000	2 867 000
Total Equity	5 279 000	4 989 000	4 286 000	3 667 000
Total Long-Term Debt	0	0	0	243 000
Total Current Debt	2 476 000	2 987 000	2 836 000	2 523 000
Total Equity and Debt	7 755 000	7 976 000	7 122 000	6 432 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 645 000	15 628 000	14 023 000	12 793 000
Other Income	9 000	63 000	7 000	3 000
Revenue	14 654 000	15 690 000	14 030 000	12 796 000
Cost of Goods Sold	8 716 000	8 830 000	8 146 000	7 717 000
Salary Costs	2 461 000	2 402 000	2 089 000	2 072 000
Depreciation	111 000	84 000	49 000	51 000
Impairment	0	0	0	0
Expenditure	13 972 000	14 022 000	12 684 000	12 322 000
Operating Profit	683 000	1 667 000	1 346 000	475 000
Financial Income	9 000	12 000	12 000	14 000
Financial Costs	17 000	12 000	43 000	40 000
Financial Balance	−8 000	0	−31 000	−26 000
Dividends	200 000	0	400 000	200 000
Net Income	490 000	1 303 000	1 020 000	338 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	240 000	240 000	240 000	240 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	346 000	457 000	103 000	152 000
Total Tangible Assets	586 000	697 000	343 000	392 000
Total Fiancial Fixed Assets	10 000	10 000	20 000	40 000
Total Fixed Assets	596 000	707 000	363 000	432 000
Stock	3 973 000	5 051 000	4 726 000	5 031 000
Total Investments	0	0	0	0
Cash, Bank	2 683 000	1 659 000	1 672 000	584 000
Total Current Assets	7 159 000	7 268 000	6 758 000	5 999 000
Total Assets	7 755 000	7 976 000	7 122 000	6 432 000
Total Equity	5 279 000	4 989 000	4 286 000	3 667 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	243 000
Creditors	545 000	583 000	592 000	929 000
Unpaid Taxes	678 000	499 000	599 000	445 000
Dividends	200 000	0	400 000	200 000
Other Current Debt	868 000	1 539 000	949 000	837 000
Total Current Debt	2 476 000	2 987 000	2 836 000	2 523 000
Total Equity and Debt	7 755 000	7 976 000	7 122 000	6 432 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,28 %	26,12 %	23,8 %	9,22 %
Debt-to-Equity Ratio	0	0	0	0,07
Operating Profit Margin	4,66 %	10,62 %	9,59 %	3,71 %
Current Ratio	2,89	2,43	2,38	2,38
Quick Ratio	−4,78	−3,52	−3,58	−2,39
Equity Ratio	0,68	0,63	0,6	0,57
Gross Profit Margin	40,52 %	43,72 %	41,94 %	39,69 %