MØBELSENTERET RINGERIKE AS

3511 HØNEFOSS

Finances

Share Ownership

Return on Equity

50,29 %

Current Ratio

0,31

Debt-to-Equity Ratio

4,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 349 000	3 007 000	2 864 000	2 715 000
Net Income	1 285 000	1 350 000	1 318 000	830 000
Total Assets	15 238 000	16 098 000	16 707 000	12 760 000
Total Equity	2 555 000	1 395 000	450 000	3 219 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 349 000	3 007 000	2 864 000	2 715 000
Expenditure	1 254 000	973 000	887 000	869 000
Operating Profit	2 094 000	2 034 000	1 977 000	1 846 000
Financial Income	0	0	0	0
Financial Costs	439 000	303 000	288 000	682 000
Financial Balance	−439 000	−303 000	−288 000	−682 000
Earnings Before Tax	1 655 000	1 731 000	1 689 000	1 164 000
Tax	370 000	381 000	372 000	334 000
Net Income	1 285 000	1 350 000	1 318 000	830 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 642 000	15 176 000	15 499 000	11 831 000
Total Current Assets	596 000	922 000	1 208 000	929 000
Total Assets	15 238 000	16 098 000	16 707 000	12 760 000
Total Retained Equity	2 510 000	1 350 000	0	2 769 000
Total Equity	2 555 000	1 395 000	450 000	3 219 000
Total Long-Term Debt	10 740 000	11 635 000	12 516 000	9 063 000
Total Current Debt	1 943 000	3 068 000	3 741 000	478 000
Total Equity and Debt	15 238 000	16 098 000	16 707 000	12 760 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 349 000	3 007 000	2 864 000	2 715 000
Revenue	3 349 000	3 007 000	2 864 000	2 715 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	533 000	508 000	485 000	500 000
Impairment	0	0	0	0
Expenditure	1 254 000	973 000	887 000	869 000
Operating Profit	2 094 000	2 034 000	1 977 000	1 846 000
Financial Income	0	0	0	0
Financial Costs	439 000	303 000	288 000	682 000
Financial Balance	−439 000	−303 000	−288 000	−682 000
Dividends	125 000	0	4 087 000	1 000 000
Net Income	1 285 000	1 350 000	1 318 000	830 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 545 000	15 016 000	15 499 000	11 831 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	98 000	159 000	0	0
Total Tangible Assets	14 642 000	15 176 000	15 499 000	11 831 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 642 000	15 176 000	15 499 000	11 831 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	367 000	612 000	563 000	675 000
Total Current Assets	596 000	922 000	1 208 000	929 000
Total Assets	15 238 000	16 098 000	16 707 000	12 760 000
Total Equity	2 555 000	1 395 000	450 000	3 219 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 740 000	11 635 000	12 516 000	9 063 000
Creditors	3 000	48 000	83 000	9 000
Unpaid Taxes	130 000	101 000	128 000	87 000
Dividends	125 000	0	4 087 000	1 000 000
Other Current Debt	1 402 000	2 512 000	45 000	14 000
Total Current Debt	1 943 000	3 068 000	3 741 000	478 000
Total Equity and Debt	15 238 000	16 098 000	16 707 000	12 760 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,29 %	96,77 %	292,89 %	25,78 %
Debt-to-Equity Ratio	4,2	8,34	27,81	2,82
Operating Profit Margin	62,53 %	67,64 %	69,03 %	67,99 %
Current Ratio	0,31	0,3	0,32	1,94
Quick Ratio	0,31	0,3	0,32	1,94
Equity Ratio	0,17	0,09	0,03	0,25
Gross Profit Margin	100 %	100 %	100 %	100 %