MØBELRINGEN MYSEN AS

1850 MYSEN

Finances

Return on Equity

3,75 %

Current Ratio

3,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 894 000	11 923 000	11 202 000	11 569 000
Net Income	159 000	245 000	371 000	258 000
Total Assets	5 920 000	5 756 000	6 331 000	7 573 000
Total Equity	4 238 000	4 079 000	4 834 000	4 464 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 894 000	11 923 000	11 202 000	11 569 000
Expenditure	10 730 000	11 631 000	10 763 000	11 310 000
Operating Profit	164 000	291 000	438 000	259 000
Financial Income	22 000	18 000	28 000	38 000
Financial Costs	0	1 000	8 000	1 000
Financial Balance	22 000	17 000	20 000	37 000
Earnings Before Tax	186 000	308 000	458 000	295 000
Tax	27 000	64 000	88 000	37 000
Net Income	159 000	245 000	371 000	258 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	126 000	80 000	80 000	87 000
Total Current Assets	5 795 000	5 676 000	6 251 000	7 486 000
Total Assets	5 920 000	5 756 000	6 331 000	7 573 000
Total Retained Equity	4 138 000	3 979 000	4 734 000	4 364 000
Total Equity	4 238 000	4 079 000	4 834 000	4 464 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 682 000	1 677 000	1 497 000	3 109 000
Total Equity and Debt	5 920 000	5 756 000	6 331 000	7 573 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 794 000	11 923 000	11 190 000	11 174 000
Other Income	100 000	0	11 000	395 000
Revenue	10 894 000	11 923 000	11 202 000	11 569 000
Cost of Goods Sold	5 974 000	6 540 000	6 251 000	6 360 000
Salary Costs	1 913 000	2 109 000	1 851 000	2 143 000
Depreciation	4 000	0	7 000	42 000
Impairment	0	0	0	0
Expenditure	10 730 000	11 631 000	10 763 000	11 310 000
Operating Profit	164 000	291 000	438 000	259 000
Financial Income	22 000	18 000	28 000	38 000
Financial Costs	0	1 000	8 000	1 000
Financial Balance	22 000	17 000	20 000	37 000
Dividends	0	1 000 000	0	0
Net Income	159 000	245 000	371 000	258 000

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	46 000	0	0	7 000
Total Tangible Assets	46 000	0	0	7 000
Total Fiancial Fixed Assets	80 000	80 000	80 000	80 000
Total Fixed Assets	126 000	80 000	80 000	87 000
Stock	2 435 000	2 292 000	2 160 000	2 276 000
Total Investments	0	0	0	0
Cash, Bank	2 981 000	3 063 000	3 757 000	4 803 000
Total Current Assets	5 795 000	5 676 000	6 251 000	7 486 000
Total Assets	5 920 000	5 756 000	6 331 000	7 573 000
Total Equity	4 238 000	4 079 000	4 834 000	4 464 000
Short-Term Group Debt	0	0	0	787 000
Total Long-Term Debt	0	0	0	0
Creditors	827 000	365 000	222 000	1 250 000
Unpaid Taxes	287 000	459 000	434 000	410 000
Dividends	0	1 000 000	0	0
Other Current Debt	541 000	789 000	753 000	625 000
Total Current Debt	1 682 000	1 677 000	1 497 000	3 109 000
Total Equity and Debt	5 920 000	5 756 000	6 331 000	7 573 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,75 %	6,01 %	7,67 %	5,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,51 %	2,44 %	3,91 %	2,24 %
Current Ratio	3,45	3,38	4,18	2,41
Quick Ratio	−7,7	−9,23	−9,43	8,99
Equity Ratio	0,72	0,71	0,76	0,59
Gross Profit Margin	45,16 %	45,15 %	44,2 %	45,03 %