Ecorn Møbelcenter A/S

9015 TROMSØ

Finances

Return on Equity

27,63 %

Current Ratio

2,03

Debt-to-Equity Ratio

0,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	59 664 000	69 875 000	63 230 000	52 466 000
Net Income	10 127 000	14 240 000	7 308 000	1 113 000
Total Assets	70 558 000	63 230 000	34 794 000	27 129 000
Total Equity	36 656 000	29 671 000	15 431 000	8 123 000

Income (NOK)	2022	2021	2020	2019
Revenue	59 664 000	69 875 000	63 230 000	52 466 000
Expenditure	54 327 000	60 893 000	54 558 000	51 408 000
Operating Profit	5 337 000	8 982 000	8 671 000	1 058 000
Financial Income	6 776 000	11 142 000	805 000	528 000
Financial Costs	950 000	4 872 000	323 000	297 000
Financial Balance	5 826 000	6 270 000	482 000	231 000
Earnings Before Tax	11 163 000	15 251 000	9 153 000	1 290 000
Tax	1 036 000	1 012 000	1 845 000	176 000
Net Income	10 127 000	14 240 000	7 308 000	1 113 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	46 169 000	40 557 000	15 746 000	13 783 000
Total Current Assets	24 389 000	22 673 000	19 048 000	13 347 000
Total Assets	70 558 000	63 230 000	34 794 000	27 129 000
Total Retained Equity	34 555 000	27 570 000	13 331 000	6 023 000
Total Equity	36 656 000	29 671 000	15 431 000	8 123 000
Total Long-Term Debt	21 880 000	23 516 000	9 709 000	9 425 000
Total Current Debt	12 022 000	10 043 000	9 653 000	9 581 000
Total Equity and Debt	70 558 000	63 230 000	34 794 000	27 129 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	59 263 000	69 721 000	63 119 000	52 340 000
Other Income	400 000	153 000	111 000	126 000
Revenue	59 664 000	69 875 000	63 230 000	52 466 000
Cost of Goods Sold	36 406 000	43 387 000	38 619 000	32 492 000
Salary Costs	6 955 000	6 979 000	6 234 000	7 038 000
Depreciation	574 000	504 000	670 000	336 000
Impairment	0	0	0	0
Expenditure	54 327 000	60 893 000	54 558 000	51 408 000
Operating Profit	5 337 000	8 982 000	8 671 000	1 058 000
Financial Income	6 776 000	11 142 000	805 000	528 000
Financial Costs	950 000	4 872 000	323 000	297 000
Financial Balance	5 826 000	6 270 000	482 000	231 000
Dividends	386 000	0	0	0
Net Income	10 127 000	14 240 000	7 308 000	1 113 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	302 000	490 000	345 000	1 600 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	397 000	955 000	1 185 000	1 227 000
Total Tangible Assets	397 000	955 000	1 185 000	1 227 000
Total Fiancial Fixed Assets	45 470 000	39 111 000	14 216 000	10 956 000
Total Fixed Assets	46 169 000	40 557 000	15 746 000	13 783 000
Stock	14 295 000	13 408 000	11 479 000	9 756 000
Total Investments	0	0	0	0
Cash, Bank	6 241 000	6 108 000	3 289 000	327 000
Total Current Assets	24 389 000	22 673 000	19 048 000	13 347 000
Total Assets	70 558 000	63 230 000	34 794 000	27 129 000
Total Equity	36 656 000	29 671 000	15 431 000	8 123 000
Short-Term Group Debt	3 852 000	0	0	0
Total Long-Term Debt	21 880 000	23 516 000	9 709 000	9 425 000
Creditors	2 159 000	2 198 000	2 233 000	1 434 000
Unpaid Taxes	1 423 000	1 474 000	1 125 000	1 076 000
Dividends	386 000	0	0	0
Other Current Debt	4 588 000	5 214 000	5 706 000	7 070 000
Total Current Debt	12 022 000	10 043 000	9 653 000	9 581 000
Total Equity and Debt	70 558 000	63 230 000	34 794 000	27 129 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,63 %	47,99 %	47,36 %	13,7 %
Debt-to-Equity Ratio	0,6	0,79	0,63	1,16
Operating Profit Margin	8,95 %	12,85 %	13,71 %	2,02 %
Current Ratio	2,03	2,26	1,97	1,39
Quick Ratio	−10,73	−6,74	−10,43	−76,27
Equity Ratio	0,52	0,47	0,44	0,3
Gross Profit Margin	38,98 %	37,91 %	38,92 %	38,07 %