MØBELRINGEN FOLLO AS

1407 VINTERBRO

Finances

Return on Equity

618,15 %

Current Ratio

1,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	61 026 000	60 845 000	56 687 000	50 775 000
Net Income	9 297 000	9 866 000	8 289 000	6 697 000
Total Assets	21 399 000	22 859 000	20 677 000	15 995 000
Total Equity	1 504 000	1 207 000	841 000	751 000

Income (NOK)	2022	2021	2020	2019
Revenue	61 026 000	60 845 000	56 687 000	50 775 000
Expenditure	49 131 000	48 194 000	46 071 000	42 232 000
Operating Profit	11 895 000	12 651 000	10 615 000	8 544 000
Financial Income	33 000	4 000	16 000	59 000
Financial Costs	4 000	6 000	5 000	17 000
Financial Balance	29 000	−2 000	11 000	42 000
Earnings Before Tax	11 924 000	12 649 000	10 627 000	8 586 000
Tax	2 626 000	2 783 000	2 338 000	1 889 000
Net Income	9 297 000	9 866 000	8 289 000	6 697 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	925 000	886 000	1 061 000	503 000
Total Current Assets	20 474 000	21 973 000	19 615 000	15 493 000
Total Assets	21 399 000	22 859 000	20 677 000	15 995 000
Total Retained Equity	918 000	621 000	255 000	166 000
Total Equity	1 504 000	1 207 000	841 000	751 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	19 895 000	21 652 000	19 836 000	15 244 000
Total Equity and Debt	21 399 000	22 859 000	20 677 000	15 995 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	61 011 000	60 753 000	56 664 000	50 759 000
Other Income	15 000	91 000	23 000	16 000
Revenue	61 026 000	60 845 000	56 687 000	50 775 000
Cost of Goods Sold	31 974 000	31 746 000	30 897 000	27 706 000
Salary Costs	7 646 000	7 117 000	6 609 000	6 506 000
Depreciation	178 000	173 000	109 000	156 000
Impairment	0	0	0	0
Expenditure	49 131 000	48 194 000	46 071 000	42 232 000
Operating Profit	11 895 000	12 651 000	10 615 000	8 544 000
Financial Income	33 000	4 000	16 000	59 000
Financial Costs	4 000	6 000	5 000	17 000
Financial Balance	29 000	−2 000	11 000	42 000
Dividends	9 000 000	9 500 000	8 200 000	6 650 000
Net Income	9 297 000	9 866 000	8 289 000	6 697 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 000	12 000	14 000	46 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	623 000	583 000	756 000	165 000
Total Tangible Assets	623 000	583 000	756 000	165 000
Total Fiancial Fixed Assets	292 000	292 000	292 000	292 000
Total Fixed Assets	925 000	886 000	1 061 000	503 000
Stock	8 186 000	7 007 000	5 918 000	5 578 000
Total Investments	0	0	0	0
Cash, Bank	10 359 000	13 065 000	11 872 000	7 810 000
Total Current Assets	20 474 000	21 973 000	19 615 000	15 493 000
Total Assets	21 399 000	22 859 000	20 677 000	15 995 000
Total Equity	1 504 000	1 207 000	841 000	751 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 475 000	1 548 000	1 974 000	1 460 000
Unpaid Taxes	2 531 000	2 127 000	2 086 000	1 645 000
Dividends	9 000 000	9 500 000	8 200 000	6 650 000
Other Current Debt	13 264 000	15 196 000	13 470 000	10 238 000
Total Current Debt	19 895 000	21 652 000	19 836 000	15 244 000
Total Equity and Debt	21 399 000	22 859 000	20 677 000	15 995 000

Financial indicators	2022	2021	2020	2019
Return on Equity	618,15 %	817,4 %	985,61 %	891,74 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	19,49 %	20,79 %	18,73 %	16,83 %
Current Ratio	1,03	1,01	0,99	1,02
Quick Ratio	1,75	1,5	1,41	1,6
Equity Ratio	0,07	0,05	0,04	0,05
Gross Profit Margin	47,61 %	47,82 %	45,5 %	45,43 %