MØBELRINGEN STUDIO STAVANGER AS

4042 HAFRSFJORD

Finances

Return on Equity

273,16 %

Current Ratio

0,95

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020
Revenue	25 445 000	21 010 000	5 989 000
Net Income	1 893 000	1 557 000	−952 000
Total Assets	9 337 000	6 966 000	4 579 000
Total Equity	693 000	600 000	43 000

Income (NOK)	2022	2021	2020
Revenue	25 445 000	21 010 000	5 989 000
Expenditure	22 955 000	19 032 000	7 208 000
Operating Profit	2 489 000	1 979 000	−1 218 000
Financial Income	0	15 000	0
Financial Costs	49 000	1 000	2 000
Financial Balance	−49 000	14 000	−2 000
Earnings Before Tax	2 441 000	1 993 000	−1 220 000
Tax	547 000	436 000	−268 000
Net Income	1 893 000	1 557 000	−952 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 247 000	1 405 000	1 691 000
Total Current Assets	8 090 000	5 562 000	2 888 000
Total Assets	9 337 000	6 966 000	4 579 000
Total Retained Equity	−307 000	−400 000	−957 000
Total Equity	693 000	600 000	43 000
Total Long-Term Debt	118 000	102 000	0
Total Current Debt	8 525 000	6 264 000	4 536 000
Total Equity and Debt	9 337 000	6 966 000	4 579 000

Cash flow (NOK)	2022	2021	2020
Sales Income	25 317 000	21 004 000	5 987 000
Other Income	128 000	6 000	2 000
Revenue	25 445 000	21 010 000	5 989 000
Cost of Goods Sold	14 840 000	12 450 000	3 730 000
Salary Costs	3 431 000	3 183 000	1 573 000
Depreciation	158 000	157 000	119 000
Impairment	0	0	0
Expenditure	22 955 000	19 032 000	7 208 000
Operating Profit	2 489 000	1 979 000	−1 218 000
Financial Income	0	15 000	0
Financial Costs	49 000	1 000	2 000
Financial Balance	−49 000	14 000	−2 000
Dividends	1 800 000	1 000 000	0
Net Income	1 893 000	1 557 000	−952 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	268 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	1 075 000	1 233 000	1 251 000
Total Tangible Assets	1 075 000	1 233 000	1 251 000
Total Fiancial Fixed Assets	172 000	172 000	172 000
Total Fixed Assets	1 247 000	1 405 000	1 691 000
Stock	2 543 000	2 357 000	1 542 000
Total Investments	633 000	290 000	0
Cash, Bank	3 969 000	2 444 000	1 034 000
Total Current Assets	8 090 000	5 562 000	2 888 000
Total Assets	9 337 000	6 966 000	4 579 000
Total Equity	693 000	600 000	43 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	118 000	102 000	0
Creditors	3 162 000	2 403 000	2 482 000
Unpaid Taxes	567 000	444 000	328 000
Dividends	1 800 000	1 000 000	0
Other Current Debt	2 465 000	2 352 000	1 726 000
Total Current Debt	8 525 000	6 264 000	4 536 000
Total Equity and Debt	9 337 000	6 966 000	4 579 000

Financial indicators	2022	2021	2020
Return on Equity	273,16 %	259,5 %	−2 213,95 %
Debt-to-Equity Ratio	0,17	0,17	0
Operating Profit Margin	9,78 %	9,42 %	−20,34 %
Current Ratio	0,95	0,89	0,64
Quick Ratio	1,35	1,42	0,96
Equity Ratio	0,07	0,09	0,01
Gross Profit Margin	41,68 %	40,74 %	37,72 %