NORDIC FURNITURE AS

0277 OSLO

Finances

Share Ownership

Return on Equity

47,56 %

Current Ratio

1,32

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 281 000	31 840 000	24 075 000	19 818 000
Net Income	1 800 000	1 601 000	525 000	816 000
Total Assets	16 705 000	13 243 000	7 938 000	8 142 000
Total Equity	3 785 000	2 985 000	2 384 000	1 859 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 281 000	31 840 000	24 075 000	19 818 000
Expenditure	32 993 000	29 528 000	23 374 000	18 753 000
Operating Profit	2 288 000	2 311 000	701 000	1 065 000
Financial Income	174 000	6 000	160 000	40 000
Financial Costs	130 000	219 000	181 000	41 000
Financial Balance	44 000	−213 000	−21 000	−1 000
Earnings Before Tax	2 332 000	2 099 000	679 000	1 063 000
Tax	532 000	498 000	154 000	247 000
Net Income	1 800 000	1 601 000	525 000	816 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	263 000	324 000	163 000	104 000
Total Current Assets	16 442 000	12 919 000	7 775 000	8 038 000
Total Assets	16 705 000	13 243 000	7 938 000	8 142 000
Total Retained Equity	3 665 000	2 865 000	2 264 000	1 739 000
Total Equity	3 785 000	2 985 000	2 384 000	1 859 000
Total Long-Term Debt	418 000	0	315 000	234 000
Total Current Debt	12 501 000	10 258 000	5 239 000	6 049 000
Total Equity and Debt	16 705 000	13 243 000	7 938 000	8 142 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 281 000	31 820 000	24 067 000	19 806 000
Other Income	0	20 000	8 000	12 000
Revenue	35 281 000	31 840 000	24 075 000	19 818 000
Cost of Goods Sold	21 388 000	18 142 000	15 800 000	11 876 000
Salary Costs	6 176 000	5 872 000	4 415 000	4 421 000
Depreciation	135 000	104 000	53 000	28 000
Impairment	0	0	0	0
Expenditure	32 993 000	29 528 000	23 374 000	18 753 000
Operating Profit	2 288 000	2 311 000	701 000	1 065 000
Financial Income	174 000	6 000	160 000	40 000
Financial Costs	130 000	219 000	181 000	41 000
Financial Balance	44 000	−213 000	−21 000	−1 000
Dividends	1 000 000	1 000 000	0	0
Net Income	1 800 000	1 601 000	525 000	816 000

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	263 000	324 000	163 000	104 000
Total Tangible Assets	263 000	324 000	163 000	104 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	263 000	324 000	163 000	104 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 613 000	10 004 000	4 822 000	5 112 000
Total Current Assets	16 442 000	12 919 000	7 775 000	8 038 000
Total Assets	16 705 000	13 243 000	7 938 000	8 142 000
Total Equity	3 785 000	2 985 000	2 384 000	1 859 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	418 000	0	315 000	234 000
Creditors	1 318 000	667 000	293 000	2 094 000
Unpaid Taxes	2 201 000	1 442 000	942 000	1 597 000
Dividends	1 000 000	1 000 000	0	0
Other Current Debt	7 849 000	6 326 000	3 930 000	2 128 000
Total Current Debt	12 501 000	10 258 000	5 239 000	6 049 000
Total Equity and Debt	16 705 000	13 243 000	7 938 000	8 142 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,56 %	53,63 %	22,02 %	43,89 %
Debt-to-Equity Ratio	0,11	0	0,13	0,13
Operating Profit Margin	6,49 %	7,26 %	2,91 %	5,37 %
Current Ratio	1,32	1,26	1,48	1,33
Quick Ratio	1,32	1,26	1,48	1,33
Equity Ratio	0,23	0,23	0,3	0,23
Gross Profit Margin	39,38 %	43,02 %	34,37 %	40,07 %