MESTERMØBLER AS

6013 ÅLESUND

Finances

Share Ownership

Return on Equity

3,89 %

Current Ratio

3,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 447 000	3 039 000	2 071 000	1 231 000
Net Income	50 000	285 000	117 000	57 000
Total Assets	1 730 000	1 763 000	1 575 000	1 154 000
Total Equity	1 285 000	1 235 000	950 000	833 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 447 000	3 039 000	2 071 000	1 231 000
Expenditure	1 402 000	2 692 000	1 934 000	1 174 000
Operating Profit	45 000	347 000	137 000	57 000
Financial Income	22 000	19 000	13 000	15 000
Financial Costs	3 000	1 000	0	0
Financial Balance	19 000	18 000	13 000	15 000
Earnings Before Tax	64 000	365 000	150 000	73 000
Tax	14 000	80 000	33 000	16 000
Net Income	50 000	285 000	117 000	57 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	20 000	20 000	20 000
Total Current Assets	1 710 000	1 743 000	1 555 000	1 134 000
Total Assets	1 730 000	1 763 000	1 575 000	1 154 000
Total Retained Equity	1 185 000	1 135 000	850 000	733 000
Total Equity	1 285 000	1 235 000	950 000	833 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	445 000	528 000	625 000	321 000
Total Equity and Debt	1 730 000	1 763 000	1 575 000	1 154 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 447 000	3 039 000	2 071 000	1 231 000
Other Income	0	0	0	0
Revenue	1 447 000	3 039 000	2 071 000	1 231 000
Cost of Goods Sold	917 000	1 863 000	1 347 000	817 000
Salary Costs	310 000	572 000	386 000	157 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 402 000	2 692 000	1 934 000	1 174 000
Operating Profit	45 000	347 000	137 000	57 000
Financial Income	22 000	19 000	13 000	15 000
Financial Costs	3 000	1 000	0	0
Financial Balance	19 000	18 000	13 000	15 000
Dividends	0	0	0	0
Net Income	50 000	285 000	117 000	57 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 000	20 000	20 000	20 000
Total Tangible Assets	20 000	20 000	20 000	20 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 000	20 000	20 000	20 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 428 000	1 526 000	1 097 000	933 000
Total Current Assets	1 710 000	1 743 000	1 555 000	1 134 000
Total Assets	1 730 000	1 763 000	1 575 000	1 154 000
Total Equity	1 285 000	1 235 000	950 000	833 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	38 000	59 000	94 000	17 000
Unpaid Taxes	213 000	283 000	272 000	155 000
Dividends	0	0	0	0
Other Current Debt	180 000	106 000	227 000	133 000
Total Current Debt	445 000	528 000	625 000	321 000
Total Equity and Debt	1 730 000	1 763 000	1 575 000	1 154 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,89 %	23,08 %	12,32 %	6,84 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,11 %	11,42 %	6,62 %	4,63 %
Current Ratio	3,84	3,3	2,49	3,53
Quick Ratio	3,84	3,3	2,49	3,53
Equity Ratio	0,74	0,7	0,6	0,72
Gross Profit Margin	36,63 %	38,7 %	34,96 %	33,63 %