MØBELHUSET HITRA AS

7240 HITRA

Finances

Return on Equity

31 %

Current Ratio

1,64

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 173 000	12 935 000	10 823 000	12 493 000
Net Income	624 000	1 292 000	137 000	1 234 000
Total Assets	4 353 000	5 810 000	3 386 000	5 669 000
Total Equity	2 013 000	2 312 000	2 335 000	2 305 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 173 000	12 935 000	10 823 000	12 493 000
Expenditure	9 591 000	11 387 000	10 542 000	11 255 000
Operating Profit	581 000	1 549 000	281 000	1 237 000
Financial Income	23 000	147 000	21 000	31 000
Financial Costs	64 000	31 000	124 000	175 000
Financial Balance	−41 000	116 000	−103 000	−144 000
Earnings Before Tax	541 000	1 665 000	178 000	1 093 000
Tax	−83 000	373 000	41 000	−141 000
Net Income	624 000	1 292 000	137 000	1 234 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	640 000	1 621 000	322 000	355 000
Total Current Assets	3 712 000	4 189 000	3 064 000	5 313 000
Total Assets	4 353 000	5 810 000	3 386 000	5 669 000
Total Retained Equity	1 131 000	1 431 000	1 454 000	1 423 000
Total Equity	2 013 000	2 312 000	2 335 000	2 305 000
Total Long-Term Debt	83 000	250 000	447 000	2 021 000
Total Current Debt	2 257 000	3 248 000	604 000	1 343 000
Total Equity and Debt	4 353 000	5 810 000	3 386 000	5 669 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 173 000	12 896 000	10 655 000	12 291 000
Other Income	0	39 000	168 000	202 000
Revenue	10 173 000	12 935 000	10 823 000	12 493 000
Cost of Goods Sold	5 375 000	7 029 000	6 344 000	6 952 000
Salary Costs	1 852 000	2 024 000	1 837 000	2 041 000
Depreciation	61 000	57 000	67 000	67 000
Impairment	0	0	0	0
Expenditure	9 591 000	11 387 000	10 542 000	11 255 000
Operating Profit	581 000	1 549 000	281 000	1 237 000
Financial Income	23 000	147 000	21 000	31 000
Financial Costs	64 000	31 000	124 000	175 000
Financial Balance	−41 000	116 000	−103 000	−144 000
Dividends	0	0	0	0
Net Income	624 000	1 292 000	137 000	1 234 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	132 000	49 000	51 000	62 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	45 000	96 000	153 000	176 000
Fixtures	59 000	0	0	0
Total Tangible Assets	104 000	96 000	153 000	176 000
Total Fiancial Fixed Assets	404 000	1 476 000	118 000	118 000
Total Fixed Assets	640 000	1 621 000	322 000	355 000
Stock	3 409 000	3 373 000	3 169 000	3 199 000
Total Investments	0	0	0	0
Cash, Bank	173 000	144 000	−191 000	863 000
Total Current Assets	3 712 000	4 189 000	3 064 000	5 313 000
Total Assets	4 353 000	5 810 000	3 386 000	5 669 000
Total Equity	2 013 000	2 312 000	2 335 000	2 305 000
Short-Term Group Debt	0	1 686 000	137 000	0
Total Long-Term Debt	83 000	250 000	447 000	2 021 000
Creditors	1 144 000	666 000	317 000	619 000
Unpaid Taxes	512 000	528 000	456 000	498 000
Dividends	0	0	0	0
Other Current Debt	601 000	369 000	163 000	227 000
Total Current Debt	2 257 000	3 248 000	604 000	1 343 000
Total Equity and Debt	4 353 000	5 810 000	3 386 000	5 669 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31 %	55,88 %	5,87 %	53,54 %
Debt-to-Equity Ratio	0,04	0,11	0,19	0,88
Operating Profit Margin	5,71 %	11,98 %	2,6 %	9,9 %
Current Ratio	1,64	1,29	5,07	3,96
Quick Ratio	−3,22	−33,51	−1,19	−2,86
Equity Ratio	0,46	0,4	0,69	0,41
Gross Profit Margin	47,16 %	45,66 %	41,38 %	44,35 %