MØBELGALLERIET AS

4005 STAVANGER

Finances

Share Ownership

Return on Equity

20,41 %

Current Ratio

2,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 080 000	29 233 000	27 755 000	24 073 000
Net Income	1 635 000	2 051 000	1 949 000	499 000
Total Assets	12 949 000	13 751 000	14 538 000	12 082 000
Total Equity	8 009 000	7 475 000	8 119 000	8 570 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 080 000	29 233 000	27 755 000	24 073 000
Expenditure	27 980 000	26 600 000	25 255 000	23 428 000
Operating Profit	2 100 000	2 633 000	2 499 000	644 000
Financial Income	0	0	1 000	2 000
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	1 000	2 000
Earnings Before Tax	2 099 000	2 632 000	2 500 000	646 000
Tax	464 000	581 000	551 000	147 000
Net Income	1 635 000	2 051 000	1 949 000	499 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	991 000	971 000	80 000	171 000
Total Current Assets	11 958 000	12 780 000	14 458 000	11 911 000
Total Assets	12 949 000	13 751 000	14 538 000	12 082 000
Total Retained Equity	6 909 000	6 375 000	7 019 000	7 470 000
Total Equity	8 009 000	7 475 000	8 119 000	8 570 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 939 000	6 277 000	6 419 000	3 512 000
Total Equity and Debt	12 949 000	13 751 000	14 538 000	12 082 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 060 000	29 233 000	27 755 000	24 073 000
Other Income	20 000	0	0	0
Revenue	30 080 000	29 233 000	27 755 000	24 073 000
Cost of Goods Sold	19 173 000	19 147 000	18 446 000	15 601 000
Salary Costs	3 246 000	3 118 000	2 528 000	3 297 000
Depreciation	130 000	29 000	72 000	121 000
Impairment	0	0	0	0
Expenditure	27 980 000	26 600 000	25 255 000	23 428 000
Operating Profit	2 100 000	2 633 000	2 499 000	644 000
Financial Income	0	0	1 000	2 000
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	1 000	2 000
Dividends	1 100 000	1 595 000	2 400 000	1 100 000
Net Income	1 635 000	2 051 000	1 949 000	499 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	21 000	32 000	38 000	56 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	137 000	0	0	0
Fixtures	832 000	939 000	42 000	115 000
Total Tangible Assets	969 000	939 000	42 000	115 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	991 000	971 000	80 000	171 000
Stock	6 379 000	5 826 000	6 448 000	7 317 000
Total Investments	0	0	0	0
Cash, Bank	3 744 000	5 903 000	6 187 000	3 652 000
Total Current Assets	11 958 000	12 780 000	14 458 000	11 911 000
Total Assets	12 949 000	13 751 000	14 538 000	12 082 000
Total Equity	8 009 000	7 475 000	8 119 000	8 570 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 547 000	1 209 000	1 529 000	619 000
Unpaid Taxes	1 192 000	1 102 000	1 364 000	990 000
Dividends	1 100 000	1 595 000	2 400 000	1 100 000
Other Current Debt	647 000	1 795 000	593 000	659 000
Total Current Debt	4 939 000	6 277 000	6 419 000	3 512 000
Total Equity and Debt	12 949 000	13 751 000	14 538 000	12 082 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,41 %	27,44 %	24,01 %	5,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,98 %	9,01 %	9 %	2,68 %
Current Ratio	2,42	2,04	2,25	3,39
Quick Ratio	−8,3	28,34	−498,55	−3,13
Equity Ratio	0,62	0,54	0,56	0,71
Gross Profit Margin	36,26 %	34,5 %	33,54 %	35,19 %