MØBEL & TEPPESERVICE AS

5227 NESTTUN

Finances

Share Ownership

Return on Equity

86,3 %

Current Ratio

1,4

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 605 000	2 760 000	2 035 000	2 103 000
Net Income	403 000	318 000	128 000	141 000
Total Assets	1 441 000	1 171 000	772 000	479 000
Total Equity	467 000	364 000	256 000	198 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 605 000	2 760 000	2 035 000	2 103 000
Expenditure	3 080 000	2 343 000	1 868 000	1 922 000
Operating Profit	525 000	416 000	168 000	181 000
Financial Income	3 000	0	0	1 000
Financial Costs	9 000	9 000	4 000	0
Financial Balance	−6 000	−9 000	−4 000	1 000
Earnings Before Tax	518 000	407 000	164 000	182 000
Tax	115 000	90 000	36 000	41 000
Net Income	403 000	318 000	128 000	141 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	222 000	197 000	261 000	60 000
Total Current Assets	1 220 000	974 000	510 000	419 000
Total Assets	1 441 000	1 171 000	772 000	479 000
Total Retained Equity	437 000	334 000	226 000	168 000
Total Equity	467 000	364 000	256 000	198 000
Total Long-Term Debt	100 000	132 000	162 000	1 000
Total Current Debt	874 000	676 000	353 000	280 000
Total Equity and Debt	1 441 000	1 171 000	772 000	479 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 605 000	2 760 000	2 024 000	2 103 000
Other Income	0	0	11 000	0
Revenue	3 605 000	2 760 000	2 035 000	2 103 000
Cost of Goods Sold	616 000	392 000	164 000	136 000
Salary Costs	1 573 000	1 193 000	981 000	1 119 000
Depreciation	69 000	64 000	36 000	16 000
Impairment	0	0	0	0
Expenditure	3 080 000	2 343 000	1 868 000	1 922 000
Operating Profit	525 000	416 000	168 000	181 000
Financial Income	3 000	0	0	1 000
Financial Costs	9 000	9 000	4 000	0
Financial Balance	−6 000	−9 000	−4 000	1 000
Dividends	300 000	200 000	70 000	0
Net Income	403 000	318 000	128 000	141 000

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	0	0	0	0
Fixtures	222 000	197 000	261 000	60 000
Total Tangible Assets	222 000	197 000	261 000	60 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	222 000	197 000	261 000	60 000
Stock	85 000	57 000	32 000	39 000
Total Investments	0	0	0	0
Cash, Bank	684 000	512 000	387 000	249 000
Total Current Assets	1 220 000	974 000	510 000	419 000
Total Assets	1 441 000	1 171 000	772 000	479 000
Total Equity	467 000	364 000	256 000	198 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	100 000	132 000	162 000	1 000
Creditors	87 000	54 000	33 000	25 000
Unpaid Taxes	201 000	193 000	111 000	105 000
Dividends	300 000	200 000	70 000	0
Other Current Debt	169 000	137 000	111 000	109 000
Total Current Debt	874 000	676 000	353 000	280 000
Total Equity and Debt	1 441 000	1 171 000	772 000	479 000

Financial indicators	2022	2021	2020	2019
Return on Equity	86,3 %	87,36 %	50 %	71,21 %
Debt-to-Equity Ratio	0,21	0,36	0,63	0,01
Operating Profit Margin	14,56 %	15,07 %	8,26 %	8,61 %
Current Ratio	1,4	1,44	1,44	1,5
Quick Ratio	1,55	1,57	1,59	1,74
Equity Ratio	0,32	0,31	0,33	0,41
Gross Profit Margin	82,91 %	85,8 %	91,94 %	93,53 %