MODELL MØBLER HOLDING AS

4636 KRISTIANSAND S

Finances

Return on Equity

−243,6 %

Current Ratio

0,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	606 000	800 000	2 866 000	774 000
Net Income	−7 917 000	420 000	2 070 000	327 000
Total Assets	16 966 000	24 560 000	18 443 000	12 952 000
Total Equity	3 250 000	11 167 000	10 747 000	8 677 000

Income (NOK)	2022	2021	2020	2019
Revenue	606 000	800 000	2 866 000	774 000
Expenditure	5 511 000	325 000	292 000	337 000
Operating Profit	−4 905 000	475 000	2 573 000	437 000
Financial Income	72 000	66 000	81 000	92 000
Financial Costs	3 013 000	0	0	85 000
Financial Balance	−2 941 000	66 000	81 000	7 000
Earnings Before Tax	−7 847 000	541 000	2 654 000	443 000
Tax	70 000	121 000	584 000	116 000
Net Income	−7 917 000	420 000	2 070 000	327 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 925 000	13 001 000	10 750 000	8 824 000
Total Current Assets	11 041 000	11 558 000	7 693 000	4 128 000
Total Assets	16 966 000	24 560 000	18 443 000	12 952 000
Total Retained Equity	2 335 000	10 252 000	9 832 000	7 762 000
Total Equity	3 250 000	11 167 000	10 747 000	8 677 000
Total Long-Term Debt	0	5 000	6 000	0
Total Current Debt	13 715 000	13 387 000	7 690 000	4 275 000
Total Equity and Debt	16 966 000	24 560 000	18 443 000	12 952 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	606 000	800 000	2 866 000	774 000
Revenue	606 000	800 000	2 866 000	774 000
Cost of Goods Sold	0	0	0	0
Salary Costs	16 000	55 000	55 000	276 000
Depreciation	28 000	28 000	0	0
Impairment	0	0	0	0
Expenditure	5 511 000	325 000	292 000	337 000
Operating Profit	−4 905 000	475 000	2 573 000	437 000
Financial Income	72 000	66 000	81 000	92 000
Financial Costs	3 013 000	0	0	85 000
Financial Balance	−2 941 000	66 000	81 000	7 000
Dividends	0	0	0	0
Net Income	−7 917 000	420 000	2 070 000	327 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 552 000	1 552 000	1 552 000	0
Machinery and Plant Facilities	84 000	112 000	140 000	0
Fixtures	0	0	0	0
Total Tangible Assets	1 636 000	1 664 000	1 692 000	0
Total Fiancial Fixed Assets	4 289 000	11 337 000	9 058 000	8 824 000
Total Fixed Assets	5 925 000	13 001 000	10 750 000	8 824 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 000	16 000	33 000	47 000
Total Current Assets	11 041 000	11 558 000	7 693 000	4 128 000
Total Assets	16 966 000	24 560 000	18 443 000	12 952 000
Total Equity	3 250 000	11 167 000	10 747 000	8 677 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	5 000	6 000	0
Creditors	0	0	0	0
Unpaid Taxes	4 000	4 000	15 000	14 000
Dividends	0	0	0	0
Other Current Debt	13 712 000	13 384 000	7 164 000	4 226 000
Total Current Debt	13 715 000	13 387 000	7 690 000	4 275 000
Total Equity and Debt	16 966 000	24 560 000	18 443 000	12 952 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−243,6 %	3,76 %	19,26 %	3,77 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−809,41 %	59,38 %	89,78 %	56,46 %
Current Ratio	0,81	0,86	1	0,97
Quick Ratio	0,81	0,86	1	0,97
Equity Ratio	0,19	0,45	0,58	0,67
Gross Profit Margin	100 %	100 %	100 %	100 %