L K HJELLE MØBELFABRIKK AS

6230 SYKKYLVEN

Finances

Share Ownership

Return on Equity

−6,9 %

Current Ratio

1,6

Debt-to-Equity Ratio

0,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	55 338 000	53 385 000	42 272 000	35 508 000
Net Income	−699 000	2 303 000	1 682 000	−4 555 000
Total Assets	25 834 000	28 466 000	24 222 000	19 240 000
Total Equity	10 129 000	10 829 000	9 515 000	5 883 000

Income (NOK)	2022	2021	2020	2019
Revenue	55 338 000	53 385 000	42 272 000	35 508 000
Expenditure	55 456 000	50 828 000	40 361 000	39 930 000
Operating Profit	−118 000	2 557 000	1 911 000	−4 422 000
Financial Income	52 000	77 000	207 000	241 000
Financial Costs	650 000	331 000	436 000	374 000
Financial Balance	−598 000	−254 000	−229 000	−133 000
Earnings Before Tax	−717 000	2 303 000	1 682 000	−4 555 000
Tax	−18 000	0	0	0
Net Income	−699 000	2 303 000	1 682 000	−4 555 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 319 000	8 689 000	5 889 000	6 166 000
Total Current Assets	17 516 000	19 776 000	18 334 000	13 074 000
Total Assets	25 834 000	28 466 000	24 222 000	19 240 000
Total Retained Equity	−6 062 000	−5 363 000	−6 676 000	−7 858 000
Total Equity	10 129 000	10 829 000	9 515 000	5 883 000
Total Long-Term Debt	4 745 000	2 152 000	3 626 000	2 133 000
Total Current Debt	10 960 000	15 485 000	11 081 000	11 223 000
Total Equity and Debt	25 834 000	28 466 000	24 222 000	19 240 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	55 338 000	53 385 000	42 272 000	35 508 000
Other Income	0	0	0	0
Revenue	55 338 000	53 385 000	42 272 000	35 508 000
Cost of Goods Sold	25 033 000	23 531 000	18 800 000	15 783 000
Salary Costs	17 866 000	16 456 000	12 948 000	14 366 000
Depreciation	1 152 000	789 000	584 000	592 000
Impairment	0	0	0	0
Expenditure	55 456 000	50 828 000	40 361 000	39 930 000
Operating Profit	−118 000	2 557 000	1 911 000	−4 422 000
Financial Income	52 000	77 000	207 000	241 000
Financial Costs	650 000	331 000	436 000	374 000
Financial Balance	−598 000	−254 000	−229 000	−133 000
Dividends	0	989 000	500 000	0
Net Income	−699 000	2 303 000	1 682 000	−4 555 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	4 516 000	4 825 000	1 762 000	2 160 000
Total Intangible Assets	7 627 000	7 919 000	4 855 000	5 254 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	661 000	771 000	797 000	667 000
Fixtures	31 000	0	236 000	245 000
Total Tangible Assets	691 000	771 000	1 033 000	912 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 319 000	8 689 000	5 889 000	6 166 000
Stock	8 502 000	8 551 000	7 008 000	8 097 000
Total Investments	0	0	0	0
Cash, Bank	3 635 000	3 686 000	6 847 000	595 000
Total Current Assets	17 516 000	19 776 000	18 334 000	13 074 000
Total Assets	25 834 000	28 466 000	24 222 000	19 240 000
Total Equity	10 129 000	10 829 000	9 515 000	5 883 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 745 000	2 152 000	3 626 000	2 133 000
Creditors	2 853 000	3 255 000	2 524 000	2 636 000
Unpaid Taxes	2 650 000	2 734 000	1 755 000	2 719 000
Dividends	0	989 000	500 000	0
Other Current Debt	2 081 000	4 339 000	3 676 000	2 757 000
Total Current Debt	10 960 000	15 485 000	11 081 000	11 223 000
Total Equity and Debt	25 834 000	28 466 000	24 222 000	19 240 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,9 %	21,27 %	17,68 %	−77,43 %
Debt-to-Equity Ratio	0,47	0,2	0,38	0,36
Operating Profit Margin	−0,21 %	4,79 %	4,52 %	−12,45 %
Current Ratio	1,6	1,28	1,65	1,16
Quick Ratio	7,13	2,85	4,5	4,18
Equity Ratio	0,39	0,38	0,39	0,31
Gross Profit Margin	54,76 %	55,92 %	55,53 %	55,55 %