MØBELRINGEN FREDRIKSTAD AS

1661 ROLVSØY

Finances

Return on Equity

60,68 %

Current Ratio

1,28

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 434 000	47 530 000	45 646 000	41 773 000
Net Income	3 320 000	4 480 000	5 230 000	2 595 000
Total Assets	21 143 000	21 263 000	19 761 000	14 159 000
Total Equity	5 471 000	5 451 000	5 271 000	5 040 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 434 000	47 530 000	45 646 000	41 773 000
Expenditure	46 129 000	42 429 000	39 775 000	38 401 000
Operating Profit	4 304 000	5 100 000	5 871 000	3 371 000
Financial Income	329 000	610 000	727 000	2 000
Financial Costs	379 000	106 000	82 000	39 000
Financial Balance	−50 000	504 000	645 000	−37 000
Earnings Before Tax	4 254 000	5 604 000	6 517 000	3 334 000
Tax	934 000	1 124 000	1 286 000	738 000
Net Income	3 320 000	4 480 000	5 230 000	2 595 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 018 000	1 976 000	1 607 000	2 167 000
Total Current Assets	19 125 000	19 287 000	18 155 000	11 993 000
Total Assets	21 143 000	21 263 000	19 761 000	14 159 000
Total Retained Equity	5 371 000	5 351 000	5 171 000	4 940 000
Total Equity	5 471 000	5 451 000	5 271 000	5 040 000
Total Long-Term Debt	723 000	904 000	479 000	8 000
Total Current Debt	14 949 000	14 908 000	14 012 000	9 111 000
Total Equity and Debt	21 143 000	21 263 000	19 761 000	14 159 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 198 000	47 423 000	45 515 000	41 543 000
Other Income	236 000	107 000	131 000	229 000
Revenue	50 434 000	47 530 000	45 646 000	41 773 000
Cost of Goods Sold	28 557 000	25 973 000	26 019 000	24 342 000
Salary Costs	6 569 000	7 017 000	6 354 000	6 824 000
Depreciation	368 000	340 000	271 000	355 000
Impairment	0	0	0	0
Expenditure	46 129 000	42 429 000	39 775 000	38 401 000
Operating Profit	4 304 000	5 100 000	5 871 000	3 371 000
Financial Income	329 000	610 000	727 000	2 000
Financial Costs	379 000	106 000	82 000	39 000
Financial Balance	−50 000	504 000	645 000	−37 000
Dividends	3 300 000	4 300 000	5 000 000	2 500 000
Net Income	3 320 000	4 480 000	5 230 000	2 595 000

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	1 936 000	1 894 000	1 525 000	1 141 000
Total Tangible Assets	1 936 000	1 894 000	1 525 000	1 141 000
Total Fiancial Fixed Assets	82 000	82 000	82 000	1 026 000
Total Fixed Assets	2 018 000	1 976 000	1 607 000	2 167 000
Stock	10 254 000	9 267 000	8 024 000	8 009 000
Total Investments	2 600 000	3 086 000	2 668 000	0
Cash, Bank	382 000	480 000	2 908 000	1 115 000
Total Current Assets	19 125 000	19 287 000	18 155 000	11 993 000
Total Assets	21 143 000	21 263 000	19 761 000	14 159 000
Total Equity	5 471 000	5 451 000	5 271 000	5 040 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	723 000	904 000	479 000	8 000
Creditors	3 103 000	2 461 000	2 241 000	1 975 000
Unpaid Taxes	1 681 000	1 903 000	1 873 000	1 533 000
Dividends	3 300 000	4 300 000	5 000 000	2 500 000
Other Current Debt	3 361 000	3 262 000	3 613 000	2 340 000
Total Current Debt	14 949 000	14 908 000	14 012 000	9 111 000
Total Equity and Debt	21 143 000	21 263 000	19 761 000	14 159 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,68 %	82,19 %	99,22 %	51,49 %
Debt-to-Equity Ratio	0,13	0,17	0,09	0
Operating Profit Margin	8,53 %	10,73 %	12,86 %	8,07 %
Current Ratio	1,28	1,29	1,3	1,32
Quick Ratio	4,07	3,42	3,03	10,88
Equity Ratio	0,26	0,26	0,27	0,36
Gross Profit Margin	43,38 %	45,35 %	43 %	41,73 %