MØBELLAGERET ARNFINN H BAKKE AS

3511 HØNEFOSS

Finances

Share Ownership

Return on Equity

119,1 %

Current Ratio

2,27

Debt-to-Equity Ratio

20,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 602 000	7 137 000	4 135 000	2 653 000
Net Income	2 251 000	2 129 000	−327 000	−1 458 000
Total Assets	43 204 000	43 693 000	44 249 000	37 671 000
Total Equity	1 890 000	1 739 000	1 163 000	2 392 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 602 000	7 137 000	4 135 000	2 653 000
Expenditure	3 479 000	3 612 000	3 647 000	3 486 000
Operating Profit	4 123 000	3 525 000	487 000	−832 000
Financial Income	8 000	0	4 000	15 000
Financial Costs	1 245 000	797 000	910 000	1 052 000
Financial Balance	−1 237 000	−797 000	−906 000	−1 037 000
Earnings Before Tax	2 886 000	2 729 000	−419 000	−1 869 000
Tax	635 000	600 000	−92 000	−411 000
Net Income	2 251 000	2 129 000	−327 000	−1 458 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	37 836 000	38 230 000	38 868 000	35 826 000
Total Current Assets	5 368 000	5 463 000	5 381 000	1 844 000
Total Assets	43 204 000	43 693 000	44 249 000	37 671 000
Total Retained Equity	1 389 000	1 238 000	662 000	1 891 000
Total Equity	1 890 000	1 739 000	1 163 000	2 392 000
Total Long-Term Debt	38 952 000	39 979 000	40 537 000	34 529 000
Total Current Debt	2 361 000	1 975 000	2 548 000	750 000
Total Equity and Debt	43 204 000	43 693 000	44 249 000	37 671 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 602 000	0	0	0
Other Income	0	7 137 000	4 135 000	2 653 000
Revenue	7 602 000	7 137 000	4 135 000	2 653 000
Cost of Goods Sold	7 000	0	0	0
Salary Costs	727 000	966 000	906 000	741 000
Depreciation	992 000	961 000	826 000	771 000
Impairment	0	0	0	0
Expenditure	3 479 000	3 612 000	3 647 000	3 486 000
Operating Profit	4 123 000	3 525 000	487 000	−832 000
Financial Income	8 000	0	4 000	15 000
Financial Costs	1 245 000	797 000	910 000	1 052 000
Financial Balance	−1 237 000	−797 000	−906 000	−1 037 000
Dividends	2 100 000	1 553 000	902 000	0
Net Income	2 251 000	2 129 000	−327 000	−1 458 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	37 817 000	38 205 000	38 868 000	35 826 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	18 000	24 000	0	0
Total Tangible Assets	37 836 000	38 230 000	38 868 000	35 826 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	37 836 000	38 230 000	38 868 000	35 826 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 928 000	3 559 000	4 056 000	1 185 000
Total Current Assets	5 368 000	5 463 000	5 381 000	1 844 000
Total Assets	43 204 000	43 693 000	44 249 000	37 671 000
Total Equity	1 890 000	1 739 000	1 163 000	2 392 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	38 952 000	39 979 000	40 537 000	34 529 000
Creditors	13 000	90 000	400 000	127 000
Unpaid Taxes	46 000	81 000	121 000	53 000
Dividends	2 100 000	1 553 000	902 000	0
Other Current Debt	202 000	251 000	1 126 000	570 000
Total Current Debt	2 361 000	1 975 000	2 548 000	750 000
Total Equity and Debt	43 204 000	43 693 000	44 249 000	37 671 000

Financial indicators	2022	2021	2020	2019
Return on Equity	119,1 %	122,43 %	−28,12 %	−60,95 %
Debt-to-Equity Ratio	20,61	22,99	34,86	14,44
Operating Profit Margin	54,24 %	49,39 %	11,78 %	−31,36 %
Current Ratio	2,27	2,77	2,11	2,46
Quick Ratio	2,27	2,77	2,11	2,46
Equity Ratio	0,04	0,04	0,03	0,06
Gross Profit Margin	99,91 %	100 %	100 %	100 %