MØBELSNEKKER THOMAS SAASTAD AS

1480 SLATTUM

Finances

Share Ownership

Return on Equity

17,65 %

Current Ratio

1,22

Debt-to-Equity Ratio

−1,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	415 000	313 000	339 000	207 000
Net Income	−45 000	20 000	−106 000	−136 000
Total Assets	274 000	301 000	252 000	−145 000
Total Equity	−255 000	−240 000	−260 000	−219 000

Income (NOK)	2022	2021	2020	2019
Revenue	415 000	313 000	339 000	207 000
Expenditure	462 000	314 000	446 000	343 000
Operating Profit	−47 000	0	−107 000	−136 000
Financial Income	0	0	−1 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	−1 000	0
Earnings Before Tax	−47 000	−1 000	−107 000	−136 000
Tax	−2 000	−21 000	−1 000	0
Net Income	−45 000	20 000	−106 000	−136 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	164 000	229 000	232 000	−165 000
Total Current Assets	110 000	72 000	20 000	20 000
Total Assets	274 000	301 000	252 000	−145 000
Total Retained Equity	−285 000	−240 000	−260 000	−249 000
Total Equity	−255 000	−240 000	−260 000	−219 000
Total Long-Term Debt	439 000	471 000	523 000	123 000
Total Current Debt	90 000	70 000	−12 000	−48 000
Total Equity and Debt	274 000	301 000	252 000	−145 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	415 000	313 000	339 000	208 000
Other Income	0	0	0	−1 000
Revenue	415 000	313 000	339 000	207 000
Cost of Goods Sold	0	0	95 000	97 000
Salary Costs	199 000	139 000	133 000	40 000
Depreciation	75 000	24 000	26 000	8 000
Impairment	0	0	0	0
Expenditure	462 000	314 000	446 000	343 000
Operating Profit	−47 000	0	−107 000	−136 000
Financial Income	0	0	−1 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	−1 000	0
Dividends	0	0	0	0
Net Income	−45 000	20 000	−106 000	−136 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	36 000	26 000	5 000	0
Real Eastate	0	0	0	−29 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	128 000	203 000	227 000	−136 000
Total Tangible Assets	128 000	203 000	227 000	−165 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	164 000	229 000	232 000	−165 000
Stock	0	1 000	1 000	1 000
Total Investments	0	0	0	0
Cash, Bank	62 000	38 000	9 000	14 000
Total Current Assets	110 000	72 000	20 000	20 000
Total Assets	274 000	301 000	252 000	−145 000
Total Equity	−255 000	−240 000	−260 000	−219 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	439 000	471 000	523 000	123 000
Creditors	4 000	9 000	−2 000	5 000
Unpaid Taxes	88 000	72 000	12 000	2 000
Dividends	0	0	0	0
Other Current Debt	15 000	−7 000	−21 000	−21 000
Total Current Debt	90 000	70 000	−12 000	−48 000
Total Equity and Debt	274 000	301 000	252 000	−145 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,65 %	−8,33 %	40,77 %	62,1 %
Debt-to-Equity Ratio	−1,72	−1,96	−2,01	−0,56
Operating Profit Margin	−11,33 %	0 %	−31,56 %	−65,7 %
Current Ratio	1,22	1,03	−1,67	−0,42
Quick Ratio	1,22	1,04	−1,54	−0,41
Equity Ratio	−0,93	−0,8	−1,03	1,51
Gross Profit Margin	100 %	100 %	71,98 %	53,14 %