MØBELSENTERET VESTNES AS

6390 VESTNES

Finances

Share Ownership

Return on Equity

2,39 %

Current Ratio

1,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 936 000	8 659 000	7 294 000	5 003 000
Net Income	13 000	511 000	58 000	−197 000
Total Assets	2 665 000	2 531 000	2 338 000	2 318 000
Total Equity	545 000	532 000	21 000	−37 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 936 000	8 659 000	7 294 000	5 003 000
Expenditure	7 807 000	8 110 000	7 073 000	5 086 000
Operating Profit	130 000	549 000	220 000	−83 000
Financial Income	8 000	6 000	0	0
Financial Costs	121 000	110 000	162 000	114 000
Financial Balance	−113 000	−104 000	−162 000	−114 000
Earnings Before Tax	17 000	445 000	58 000	−197 000
Tax	4 000	−66 000	0	0
Net Income	13 000	511 000	58 000	−197 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	70 000	78 000	18 000	35 000
Total Current Assets	2 595 000	2 453 000	2 319 000	2 284 000
Total Assets	2 665 000	2 531 000	2 338 000	2 318 000
Total Retained Equity	−46 000	−59 000	−570 000	−628 000
Total Equity	545 000	532 000	21 000	−37 000
Total Long-Term Debt	0	0	0	733 000
Total Current Debt	2 120 000	1 999 000	2 316 000	1 622 000
Total Equity and Debt	2 665 000	2 531 000	2 338 000	2 318 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 936 000	8 659 000	7 294 000	5 003 000
Other Income	0	0	0	0
Revenue	7 936 000	8 659 000	7 294 000	5 003 000
Cost of Goods Sold	4 700 000	5 239 000	4 600 000	2 990 000
Salary Costs	1 863 000	1 564 000	1 308 000	1 128 000
Depreciation	5 000	10 000	8 000	5 000
Impairment	0	0	0	0
Expenditure	7 807 000	8 110 000	7 073 000	5 086 000
Operating Profit	130 000	549 000	220 000	−83 000
Financial Income	8 000	6 000	0	0
Financial Costs	121 000	110 000	162 000	114 000
Financial Balance	−113 000	−104 000	−162 000	−114 000
Dividends	0	0	0	0
Net Income	13 000	511 000	58 000	−197 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	62 000	66 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 000	12 000	17 000	25 000
Total Tangible Assets	8 000	12 000	17 000	25 000
Total Fiancial Fixed Assets	0	0	1 000	9 000
Total Fixed Assets	70 000	78 000	18 000	35 000
Stock	2 461 000	2 112 000	2 071 000	2 075 000
Total Investments	0	0	0	0
Cash, Bank	76 000	56 000	68 000	92 000
Total Current Assets	2 595 000	2 453 000	2 319 000	2 284 000
Total Assets	2 665 000	2 531 000	2 338 000	2 318 000
Total Equity	545 000	532 000	21 000	−37 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	733 000
Creditors	923 000	856 000	855 000	1 070 000
Unpaid Taxes	399 000	365 000	497 000	300 000
Dividends	0	0	0	0
Other Current Debt	236 000	200 000	131 000	155 000
Total Current Debt	2 120 000	1 999 000	2 316 000	1 622 000
Total Equity and Debt	2 665 000	2 531 000	2 338 000	2 318 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,39 %	96,05 %	276,19 %	532,43 %
Debt-to-Equity Ratio	0	0	0	−19,81
Operating Profit Margin	1,64 %	6,34 %	3,02 %	−1,66 %
Current Ratio	1,22	1,23	1	1,41
Quick Ratio	−7,61	−21,71	9,47	−5,04
Equity Ratio	0,2	0,21	0,01	−0,02
Gross Profit Margin	40,78 %	39,5 %	36,93 %	40,24 %