NORDIC FURNITURE GROUP AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

20,97 %

Current Ratio

1,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 720 000	34 608 000	24 047 000	28 204 000
Net Income	216 000	1 772 000	9 000	437 000
Total Assets	7 364 000	4 948 000	3 120 000	7 627 000
Total Equity	1 030 000	1 030 000	1 030 000	1 030 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 720 000	34 608 000	24 047 000	28 204 000
Expenditure	27 611 000	32 446 000	23 908 000	27 587 000
Operating Profit	109 000	2 162 000	138 000	616 000
Financial Income	605 000	368 000	873 000	442 000
Financial Costs	438 000	259 000	1 000 000	498 000
Financial Balance	167 000	109 000	−127 000	−56 000
Earnings Before Tax	277 000	2 272 000	12 000	560 000
Tax	61 000	500 000	3 000	123 000
Net Income	216 000	1 772 000	9 000	437 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	7 364 000	4 948 000	3 120 000	7 627 000
Total Assets	7 364 000	4 948 000	3 120 000	7 627 000
Total Retained Equity	1 000 000	1 000 000	1 000 000	1 000 000
Total Equity	1 030 000	1 030 000	1 030 000	1 030 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 334 000	3 918 000	2 090 000	6 597 000
Total Equity and Debt	7 364 000	4 948 000	3 120 000	7 627 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 720 000	34 608 000	24 047 000	28 204 000
Other Income	0	0	0	0
Revenue	27 720 000	34 608 000	24 047 000	28 204 000
Cost of Goods Sold	27 572 000	32 410 000	23 873 000	27 346 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	27 611 000	32 446 000	23 908 000	27 587 000
Operating Profit	109 000	2 162 000	138 000	616 000
Financial Income	605 000	368 000	873 000	442 000
Financial Costs	438 000	259 000	1 000 000	498 000
Financial Balance	167 000	109 000	−127 000	−56 000
Dividends	0	0	0	0
Net Income	216 000	1 772 000	9 000	437 000

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	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	123 000	123 000	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	7 364 000	4 948 000	3 120 000	7 627 000
Total Assets	7 364 000	4 948 000	3 120 000	7 627 000
Total Equity	1 030 000	1 030 000	1 030 000	1 030 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 076 000	3 918 000	2 090 000	4 352 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 258 000	0	0	2 245 000
Total Current Debt	6 334 000	3 918 000	2 090 000	6 597 000
Total Equity and Debt	7 364 000	4 948 000	3 120 000	7 627 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,97 %	172,04 %	0,87 %	42,43 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,39 %	6,25 %	0,57 %	2,18 %
Current Ratio	1,16	1,26	1,49	1,16
Quick Ratio	1,19	1,3	1,49	1,16
Equity Ratio	0,14	0,21	0,33	0,14
Gross Profit Margin	0,53 %	6,35 %	0,72 %	3,04 %