MØBELRINGEN DROTNINGSVIK AS

5179 GODVIK

Finances

Return on Equity

59,84 %

Current Ratio

8,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 287 000	34 319 000	29 136 000	22 387 000
Net Income	21 306 000	6 206 000	3 130 000	1 941 000
Total Assets	40 291 000	18 741 000	16 749 000	19 250 000
Total Equity	35 605 000	14 299 000	14 093 000	14 963 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 287 000	34 319 000	29 136 000	22 387 000
Expenditure	29 021 000	30 208 000	26 750 000	21 532 000
Operating Profit	1 266 000	4 110 000	2 386 000	854 000
Financial Income	20 349 000	3 004 000	1 230 000	1 342 000
Financial Costs	1 000	0	1 000	100 000
Financial Balance	20 348 000	3 004 000	1 229 000	1 242 000
Earnings Before Tax	21 614 000	7 114 000	3 616 000	2 096 000
Tax	308 000	908 000	485 000	155 000
Net Income	21 306 000	6 206 000	3 130 000	1 941 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 280 000	4 180 000	4 619 000	3 658 000
Total Current Assets	38 011 000	14 561 000	12 130 000	15 592 000
Total Assets	40 291 000	18 741 000	16 749 000	19 250 000
Total Retained Equity	35 205 000	13 899 000	13 693 000	14 563 000
Total Equity	35 605 000	14 299 000	14 093 000	14 963 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 686 000	4 442 000	2 656 000	4 287 000
Total Equity and Debt	40 291 000	18 741 000	16 749 000	19 250 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 805 000	31 779 000	28 944 000	22 370 000
Other Income	2 482 000	2 540 000	192 000	17 000
Revenue	30 287 000	34 319 000	29 136 000	22 387 000
Cost of Goods Sold	15 089 000	16 773 000	15 830 000	11 850 000
Salary Costs	7 213 000	7 152 000	6 099 000	5 040 000
Depreciation	500 000	495 000	355 000	184 000
Impairment	0	0	0	0
Expenditure	29 021 000	30 208 000	26 750 000	21 532 000
Operating Profit	1 266 000	4 110 000	2 386 000	854 000
Financial Income	20 349 000	3 004 000	1 230 000	1 342 000
Financial Costs	1 000	0	1 000	100 000
Financial Balance	20 348 000	3 004 000	1 229 000	1 242 000
Dividends	0	6 000 000	4 000 000	1 000 000
Net Income	21 306 000	6 206 000	3 130 000	1 941 000

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	1 198 000	1 598 000	2 037 000	580 000
Total Tangible Assets	1 198 000	1 598 000	2 037 000	580 000
Total Fiancial Fixed Assets	1 082 000	2 582 000	2 582 000	3 078 000
Total Fixed Assets	2 280 000	4 180 000	4 619 000	3 658 000
Stock	10 925 000	11 500 000	9 618 000	11 522 000
Total Investments	18 003 000	0	0	0
Cash, Bank	5 473 000	855 000	992 000	968 000
Total Current Assets	38 011 000	14 561 000	12 130 000	15 592 000
Total Assets	40 291 000	18 741 000	16 749 000	19 250 000
Total Equity	35 605 000	14 299 000	14 093 000	14 963 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 730 000	795 000	244 000	981 000
Unpaid Taxes	1 474 000	1 861 000	739 000	1 096 000
Dividends	0	6 000 000	4 000 000	1 000 000
Other Current Debt	1 175 000	878 000	1 188 000	1 054 000
Total Current Debt	4 686 000	4 442 000	2 656 000	4 287 000
Total Equity and Debt	40 291 000	18 741 000	16 749 000	19 250 000

Financial indicators	2022	2021	2020	2019
Return on Equity	59,84 %	43,4 %	22,21 %	12,97 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,18 %	11,98 %	8,19 %	3,81 %
Current Ratio	8,11	3,28	4,57	3,64
Quick Ratio	−6,09	−2,06	−1,74	−2,16
Equity Ratio	0,88	0,76	0,84	0,78
Gross Profit Margin	50,18 %	51,13 %	45,67 %	47,07 %