MØBELRINGEN AS

3414 LIERSTRANDA

Finances

Return on Equity

6,96 %

Current Ratio

1,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	125 402 000	123 254 000	99 763 000	95 468 000
Net Income	1 704 000	6 568 000	2 977 000	420 000
Total Assets	82 993 000	75 213 000	65 632 000	54 975 000
Total Equity	24 498 000	22 541 000	15 618 000	12 126 000

Income (NOK)	2022	2021	2020	2019
Revenue	125 402 000	123 254 000	99 763 000	95 468 000
Expenditure	123 016 000	114 543 000	95 836 000	94 799 000
Operating Profit	2 385 000	8 710 000	3 928 000	669 000
Financial Income	360 000	229 000	414 000	135 000
Financial Costs	504 000	483 000	497 000	252 000
Financial Balance	−144 000	−254 000	−83 000	−117 000
Earnings Before Tax	2 241 000	8 457 000	3 845 000	552 000
Tax	538 000	1 889 000	868 000	132 000
Net Income	1 704 000	6 568 000	2 977 000	420 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 449 000	1 558 000	9 750 000	12 180 000
Total Current Assets	76 544 000	73 655 000	55 882 000	42 795 000
Total Assets	82 993 000	75 213 000	65 632 000	54 975 000
Total Retained Equity	20 429 000	18 482 000	11 559 000	8 077 000
Total Equity	24 498 000	22 541 000	15 618 000	12 126 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	58 496 000	52 672 000	50 014 000	42 849 000
Total Equity and Debt	82 993 000	75 213 000	65 632 000	54 975 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	125 402 000	123 254 000	99 763 000	95 468 000
Other Income	0	0	0	0
Revenue	125 402 000	123 254 000	99 763 000	95 468 000
Cost of Goods Sold	64 145 000	55 443 000	41 153 000	42 469 000
Salary Costs	34 177 000	29 784 000	28 252 000	27 065 000
Depreciation	1 307 000	5 477 000	4 925 000	4 096 000
Impairment	0	3 268 000	0	0
Expenditure	123 016 000	114 543 000	95 836 000	94 799 000
Operating Profit	2 385 000	8 710 000	3 928 000	669 000
Financial Income	360 000	229 000	414 000	135 000
Financial Costs	504 000	483 000	497 000	252 000
Financial Balance	−144 000	−254 000	−83 000	−117 000
Dividends	0	0	0	0
Net Income	1 704 000	6 568 000	2 977 000	420 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 745 000	918 000	8 548 000	9 511 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	704 000	640 000	1 202 000	2 669 000
Total Tangible Assets	704 000	640 000	1 202 000	2 669 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 449 000	1 558 000	9 750 000	12 180 000
Stock	7 000	0	0	246 000
Total Investments	0	0	0	0
Cash, Bank	50 774 000	49 938 000	30 701 000	20 891 000
Total Current Assets	76 544 000	73 655 000	55 882 000	42 795 000
Total Assets	82 993 000	75 213 000	65 632 000	54 975 000
Total Equity	24 498 000	22 541 000	15 618 000	12 126 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	10 935 000	6 284 000	4 491 000	9 987 000
Unpaid Taxes	4 056 000	4 140 000	4 093 000	3 017 000
Dividends	0	0	0	0
Other Current Debt	42 998 000	41 016 000	41 430 000	29 846 000
Total Current Debt	58 496 000	52 672 000	50 014 000	42 849 000
Total Equity and Debt	82 993 000	75 213 000	65 632 000	54 975 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,96 %	29,14 %	19,06 %	3,46 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,9 %	7,07 %	3,94 %	0,7 %
Current Ratio	1,31	1,4	1,12	1
Quick Ratio	1,31	1,4	1,12	1
Equity Ratio	0,3	0,3	0,24	0,22
Gross Profit Margin	48,85 %	55,02 %	58,75 %	55,51 %