MØBELHUSET HOLMESTRAND AS

3084 HOLMESTRAND

Finances

Return on Equity

20,95 %

Current Ratio

2,28

Debt-to-Equity Ratio

0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 497 000	31 020 000	25 458 000	21 457 000
Net Income	1 280 000	2 830 000	1 909 000	846 000
Total Assets	12 719 000	13 129 000	10 900 000	9 517 000
Total Equity	6 109 000	5 429 000	3 599 000	2 390 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 497 000	31 020 000	25 458 000	21 457 000
Expenditure	27 789 000	27 301 000	22 901 000	20 242 000
Operating Profit	1 709 000	3 719 000	2 556 000	1 215 000
Financial Income	0	0	0	1 000
Financial Costs	28 000	90 000	109 000	130 000
Financial Balance	−28 000	−90 000	−109 000	−129 000
Earnings Before Tax	1 681 000	3 629 000	2 447 000	1 086 000
Tax	401 000	799 000	538 000	239 000
Net Income	1 280 000	2 830 000	1 909 000	846 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 314 000	1 594 000	937 000	701 000
Total Current Assets	11 405 000	11 535 000	9 963 000	8 816 000
Total Assets	12 719 000	13 129 000	10 900 000	9 517 000
Total Retained Equity	6 009 000	5 329 000	3 499 000	2 290 000
Total Equity	6 109 000	5 429 000	3 599 000	2 390 000
Total Long-Term Debt	1 617 000	2 633 000	2 910 000	3 913 000
Total Current Debt	4 993 000	5 066 000	4 391 000	3 214 000
Total Equity and Debt	12 719 000	13 129 000	10 900 000	9 517 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 615 000	30 889 000	25 455 000	21 457 000
Other Income	−117 000	131 000	2 000	0
Revenue	29 497 000	31 020 000	25 458 000	21 457 000
Cost of Goods Sold	15 825 000	16 171 000	14 179 000	12 327 000
Salary Costs	5 863 000	5 696 000	4 502 000	4 175 000
Depreciation	365 000	306 000	171 000	146 000
Impairment	0	0	0	0
Expenditure	27 789 000	27 301 000	22 901 000	20 242 000
Operating Profit	1 709 000	3 719 000	2 556 000	1 215 000
Financial Income	0	0	0	1 000
Financial Costs	28 000	90 000	109 000	130 000
Financial Balance	−28 000	−90 000	−109 000	−129 000
Dividends	600 000	0	0	0
Net Income	1 280 000	2 830 000	1 909 000	846 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	688 000	999 000	472 000	628 000
Fixtures	271 000	241 000	109 000	74 000
Total Tangible Assets	959 000	1 239 000	582 000	701 000
Total Fiancial Fixed Assets	355 000	355 000	355 000	0
Total Fixed Assets	1 314 000	1 594 000	937 000	701 000
Stock	8 919 000	8 216 000	7 099 000	6 482 000
Total Investments	0	0	0	0
Cash, Bank	1 169 000	1 901 000	1 914 000	1 490 000
Total Current Assets	11 405 000	11 535 000	9 963 000	8 816 000
Total Assets	12 719 000	13 129 000	10 900 000	9 517 000
Total Equity	6 109 000	5 429 000	3 599 000	2 390 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 617 000	2 633 000	2 910 000	3 913 000
Creditors	956 000	767 000	1 013 000	697 000
Unpaid Taxes	964 000	1 054 000	1 112 000	773 000
Dividends	600 000	0	0	0
Other Current Debt	2 062 000	2 453 000	1 722 000	1 509 000
Total Current Debt	4 993 000	5 066 000	4 391 000	3 214 000
Total Equity and Debt	12 719 000	13 129 000	10 900 000	9 517 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,95 %	52,13 %	53,04 %	35,4 %
Debt-to-Equity Ratio	0,26	0,48	0,81	1,64
Operating Profit Margin	5,79 %	11,99 %	10,04 %	5,66 %
Current Ratio	2,28	2,28	2,27	2,74
Quick Ratio	−2,9	−3,66	−3,68	−2,7
Equity Ratio	0,48	0,41	0,33	0,25
Gross Profit Margin	46,35 %	47,87 %	44,3 %	42,55 %