ESPELI MØBELFABRIKK AS

6763 HORNINDAL

Finances

Share Ownership

Return on Equity

−34,18 %

Current Ratio

4,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	151 000	231 000	271 000	361 000
Net Income	−54 000	9 000	−17 000	18 000
Total Assets	205 000	235 000	252 000	300 000
Total Equity	158 000	212 000	203 000	220 000

Income (NOK)	2022	2021	2020	2019
Revenue	151 000	231 000	271 000	361 000
Expenditure	166 000	171 000	271 000	341 000
Operating Profit	−51 000	14 000	−15 000	19 000
Financial Income	0	0	0	0
Financial Costs	3 000	5 000	2 000	1 000
Financial Balance	−3 000	−5 000	−2 000	−1 000
Earnings Before Tax	−54 000	9 000	−17 000	18 000
Tax	0	0	0	0
Net Income	−54 000	9 000	−17 000	18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	2 000	4 000
Total Current Assets	205 000	234 000	250 000	296 000
Total Assets	205 000	235 000	252 000	300 000
Total Retained Equity	58 000	112 000	103 000	120 000
Total Equity	158 000	212 000	203 000	220 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	47 000	23 000	49 000	80 000
Total Equity and Debt	205 000	235 000	252 000	300 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	151 000	231 000	271 000	361 000
Other Income	0	0	0	0
Revenue	151 000	231 000	271 000	361 000
Cost of Goods Sold	50 000	40 000	51 000	56 000
Salary Costs	61 000	71 000	169 000	224 000
Depreciation	0	2 000	2 000	2 000
Impairment	0	0	0	0
Expenditure	166 000	171 000	271 000	341 000
Operating Profit	−51 000	14 000	−15 000	19 000
Financial Income	0	0	0	0
Financial Costs	3 000	5 000	2 000	1 000
Financial Balance	−3 000	−5 000	−2 000	−1 000
Dividends	0	0	0	0
Net Income	−54 000	9 000	−17 000	18 000

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	0	0	2 000	4 000
Total Tangible Assets	0	0	2 000	4 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	2 000	4 000
Stock	101 000	158 000	216 000	209 000
Total Investments	0	0	0	0
Cash, Bank	59 000	71 000	13 000	22 000
Total Current Assets	205 000	234 000	250 000	296 000
Total Assets	205 000	235 000	252 000	300 000
Total Equity	158 000	212 000	203 000	220 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	21 000	9 000	5 000	6 000
Unpaid Taxes	6 000	4 000	11 000	29 000
Dividends	0	0	0	0
Other Current Debt	19 000	10 000	29 000	45 000
Total Current Debt	47 000	23 000	49 000	80 000
Total Equity and Debt	205 000	235 000	252 000	300 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−34,18 %	4,25 %	−8,37 %	8,18 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−33,77 %	6,06 %	−5,54 %	5,26 %
Current Ratio	4,36	10,17	5,1	3,7
Quick Ratio	−3,8	−1,73	−1,5	−2,29
Equity Ratio	0,77	0,9	0,81	0,73
Gross Profit Margin	66,89 %	82,68 %	81,18 %	84,49 %