ØSTLANDSKE MØBELSENTER AS

2743 HARESTUA

Finances

Return on Equity

11,1 %

Current Ratio

2,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 384 000	16 713 000	13 509 000	11 160 000
Net Income	313 000	2 448 000	1 477 000	493 000
Total Assets	4 642 000	4 974 000	9 066 000	7 488 000
Total Equity	2 819 000	2 661 000	4 714 000	5 237 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 384 000	16 713 000	13 509 000	11 160 000
Expenditure	9 984 000	13 701 000	11 608 000	10 524 000
Operating Profit	399 000	3 012 000	1 902 000	636 000
Financial Income	6 000	154 000	7 000	15 000
Financial Costs	1 000	11 000	5 000	6 000
Financial Balance	5 000	143 000	2 000	9 000
Earnings Before Tax	404 000	3 154 000	1 903 000	645 000
Tax	90 000	707 000	426 000	152 000
Net Income	313 000	2 448 000	1 477 000	493 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	260 000	184 000	2 449 000	2 053 000
Total Current Assets	4 381 000	4 790 000	6 617 000	5 436 000
Total Assets	4 642 000	4 974 000	9 066 000	7 488 000
Total Retained Equity	2 694 000	2 536 000	4 589 000	5 112 000
Total Equity	2 819 000	2 661 000	4 714 000	5 237 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 823 000	2 312 000	4 352 000	2 251 000
Total Equity and Debt	4 642 000	4 974 000	9 066 000	7 488 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 384 000	16 354 000	13 425 000	11 076 000
Other Income	0	359 000	84 000	84 000
Revenue	10 384 000	16 713 000	13 509 000	11 160 000
Cost of Goods Sold	5 757 000	9 408 000	7 735 000	6 691 000
Salary Costs	2 311 000	2 505 000	2 229 000	2 092 000
Depreciation	86 000	103 000	104 000	106 000
Impairment	0	0	0	0
Expenditure	9 984 000	13 701 000	11 608 000	10 524 000
Operating Profit	399 000	3 012 000	1 902 000	636 000
Financial Income	6 000	154 000	7 000	15 000
Financial Costs	1 000	11 000	5 000	6 000
Financial Balance	5 000	143 000	2 000	9 000
Dividends	0	0	2 000 000	300 000
Net Income	313 000	2 448 000	1 477 000	493 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 000	10 000	1 685 000	1 698 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	6 000	87 000	177 000	268 000
Total Tangible Assets	11 000	97 000	1 862 000	1 966 000
Total Fiancial Fixed Assets	249 000	87 000	587 000	87 000
Total Fixed Assets	260 000	184 000	2 449 000	2 053 000
Stock	2 510 000	2 654 000	2 460 000	2 596 000
Total Investments	0	0	0	0
Cash, Bank	1 744 000	1 901 000	3 780 000	2 555 000
Total Current Assets	4 381 000	4 790 000	6 617 000	5 436 000
Total Assets	4 642 000	4 974 000	9 066 000	7 488 000
Total Equity	2 819 000	2 661 000	4 714 000	5 237 000
Short-Term Group Debt	200 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	570 000	628 000	773 000	772 000
Unpaid Taxes	424 000	745 000	686 000	554 000
Dividends	0	0	2 000 000	300 000
Other Current Debt	583 000	233 000	468 000	474 000
Total Current Debt	1 823 000	2 312 000	4 352 000	2 251 000
Total Equity and Debt	4 642 000	4 974 000	9 066 000	7 488 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,1 %	92 %	31,33 %	9,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,84 %	18,02 %	14,08 %	5,7 %
Current Ratio	2,4	2,07	1,52	2,41
Quick Ratio	−6,38	−14,01	3,5	−15,76
Equity Ratio	0,61	0,53	0,52	0,7
Gross Profit Margin	44,56 %	43,71 %	42,74 %	40,04 %