ÅRDAL MØBEL AS

6884 ØVRE ÅRDAL

Finances

Return on Equity

21,75 %

Current Ratio

2,94

Debt-to-Equity Ratio

0,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 948 000	18 279 000	12 932 000	10 010 000
Net Income	743 000	2 324 000	1 049 000	378 000
Total Assets	7 924 000	8 157 000	5 869 000	4 229 000
Total Equity	3 416 000	2 673 000	1 849 000	1 700 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 948 000	18 279 000	12 932 000	10 010 000
Expenditure	12 960 000	15 289 000	11 648 000	9 449 000
Operating Profit	988 000	2 989 000	1 374 000	534 000
Financial Income	0	0	0	1 000
Financial Costs	31 000	9 000	27 000	50 000
Financial Balance	−31 000	−9 000	−27 000	−49 000
Earnings Before Tax	957 000	2 980 000	1 347 000	485 000
Tax	213 000	657 000	298 000	107 000
Net Income	743 000	2 324 000	1 049 000	378 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	494 000	463 000	381 000	346 000
Total Current Assets	7 430 000	7 694 000	5 488 000	3 882 000
Total Assets	7 924 000	8 157 000	5 869 000	4 229 000
Total Retained Equity	2 516 000	1 773 000	949 000	800 000
Total Equity	3 416 000	2 673 000	1 849 000	1 700 000
Total Long-Term Debt	1 977 000	147 000	395 000	631 000
Total Current Debt	2 530 000	5 338 000	3 625 000	1 897 000
Total Equity and Debt	7 924 000	8 157 000	5 869 000	4 229 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 934 000	18 210 000	12 853 000	9 956 000
Other Income	14 000	69 000	79 000	54 000
Revenue	13 948 000	18 279 000	12 932 000	10 010 000
Cost of Goods Sold	7 841 000	10 149 000	7 614 000	5 963 000
Salary Costs	2 408 000	2 919 000	1 920 000	1 598 000
Depreciation	82 000	60 000	29 000	32 000
Impairment	0	0	0	0
Expenditure	12 960 000	15 289 000	11 648 000	9 449 000
Operating Profit	988 000	2 989 000	1 374 000	534 000
Financial Income	0	0	0	1 000
Financial Costs	31 000	9 000	27 000	50 000
Financial Balance	−31 000	−9 000	−27 000	−49 000
Dividends	0	1 500 000	900 000	0
Net Income	743 000	2 324 000	1 049 000	378 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	97 000	84 000	81 000	53 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	168 000	250 000	164 000	139 000
Total Tangible Assets	168 000	250 000	164 000	139 000
Total Fiancial Fixed Assets	230 000	130 000	137 000	154 000
Total Fixed Assets	494 000	463 000	381 000	346 000
Stock	4 018 000	3 784 000	2 445 000	2 356 000
Total Investments	0	0	0	0
Cash, Bank	3 115 000	2 612 000	2 626 000	1 356 000
Total Current Assets	7 430 000	7 694 000	5 488 000	3 882 000
Total Assets	7 924 000	8 157 000	5 869 000	4 229 000
Total Equity	3 416 000	2 673 000	1 849 000	1 700 000
Short-Term Group Debt	0	1 500 000	900 000	0
Total Long-Term Debt	1 977 000	147 000	395 000	631 000
Creditors	747 000	1 816 000	981 000	624 000
Unpaid Taxes	824 000	1 082 000	805 000	530 000
Dividends	0	1 500 000	900 000	0
Other Current Debt	734 000	279 000	613 000	624 000
Total Current Debt	2 530 000	5 338 000	3 625 000	1 897 000
Total Equity and Debt	7 924 000	8 157 000	5 869 000	4 229 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,75 %	86,94 %	56,73 %	22,24 %
Debt-to-Equity Ratio	0,58	0,05	0,21	0,37
Operating Profit Margin	7,08 %	16,35 %	10,62 %	5,33 %
Current Ratio	2,94	1,44	1,51	2,05
Quick Ratio	−4,99	4,95	4,65	−8,46
Equity Ratio	0,43	0,33	0,32	0,4
Gross Profit Margin	43,78 %	44,48 %	41,12 %	40,43 %