MØBELRINGEN TØNSBERG AS

3112 TØNSBERG

Finances

Return on Equity

43,37 %

Current Ratio

1,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 009 000	25 778 000	22 206 000	15 522 000
Net Income	1 498 000	2 329 000	1 719 000	−436 000
Total Assets	8 321 000	9 989 000	8 707 000	6 082 000
Total Equity	3 454 000	1 956 000	1 878 000	158 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 009 000	25 778 000	22 206 000	15 522 000
Expenditure	24 065 000	22 781 000	19 988 000	16 055 000
Operating Profit	1 944 000	2 997 000	2 217 000	−534 000
Financial Income	5 000	2 000	1 000	1 000
Financial Costs	24 000	11 000	13 000	28 000
Financial Balance	−19 000	−9 000	−12 000	−27 000
Earnings Before Tax	1 924 000	2 988 000	2 205 000	−560 000
Tax	427 000	659 000	485 000	−124 000
Net Income	1 498 000	2 329 000	1 719 000	−436 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 253 000	1 603 000	975 000	1 278 000
Total Current Assets	7 068 000	8 386 000	7 732 000	4 804 000
Total Assets	8 321 000	9 989 000	8 707 000	6 082 000
Total Retained Equity	2 859 000	1 362 000	1 283 000	−436 000
Total Equity	3 454 000	1 956 000	1 878 000	158 000
Total Long-Term Debt	0	582 000	0	0
Total Current Debt	4 867 000	7 452 000	6 830 000	5 923 000
Total Equity and Debt	8 321 000	9 989 000	8 707 000	6 082 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 998 000	25 772 000	22 197 000	15 522 000
Other Income	10 000	6 000	9 000	0
Revenue	26 009 000	25 778 000	22 206 000	15 522 000
Cost of Goods Sold	14 529 000	14 023 000	12 483 000	8 724 000
Salary Costs	4 243 000	3 892 000	3 192 000	3 475 000
Depreciation	361 000	227 000	208 000	166 000
Impairment	0	0	0	0
Expenditure	24 065 000	22 781 000	19 988 000	16 055 000
Operating Profit	1 944 000	2 997 000	2 217 000	−534 000
Financial Income	5 000	2 000	1 000	1 000
Financial Costs	24 000	11 000	13 000	28 000
Financial Balance	−19 000	−9 000	−12 000	−27 000
Dividends	0	1 250 000	0	0
Net Income	1 498 000	2 329 000	1 719 000	−436 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 000	0	1 000	124 000
Real Eastate	95 000	111 000	126 000	141 000
Machinery and Plant Facilities	653 000	819 000	0	0
Fixtures	243 000	422 000	597 000	761 000
Total Tangible Assets	991 000	1 351 000	723 000	902 000
Total Fiancial Fixed Assets	252 000	252 000	252 000	252 000
Total Fixed Assets	1 253 000	1 603 000	975 000	1 278 000
Stock	5 565 000	5 156 000	4 665 000	3 840 000
Total Investments	0	0	0	0
Cash, Bank	660 000	2 394 000	2 254 000	150 000
Total Current Assets	7 068 000	8 386 000	7 732 000	4 804 000
Total Assets	8 321 000	9 989 000	8 707 000	6 082 000
Total Equity	3 454 000	1 956 000	1 878 000	158 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	582 000	0	0
Creditors	1 373 000	771 000	1 555 000	1 426 000
Unpaid Taxes	980 000	863 000	807 000	721 000
Dividends	0	1 250 000	0	0
Other Current Debt	2 060 000	2 927 000	4 106 000	3 313 000
Total Current Debt	4 867 000	7 452 000	6 830 000	5 923 000
Total Equity and Debt	8 321 000	9 989 000	8 707 000	6 082 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,37 %	119,07 %	91,53 %	−275,95 %
Debt-to-Equity Ratio	0	0,3	0	0
Operating Profit Margin	7,47 %	11,63 %	9,98 %	−3,44 %
Current Ratio	1,45	1,13	1,13	0,81
Quick Ratio	−10,13	3,65	3,57	2,31
Equity Ratio	0,42	0,2	0,22	0,03
Gross Profit Margin	44,14 %	45,6 %	43,79 %	43,8 %