HELGELAND MØBELSENTER AS

8665 MOSJØEN

Finances

Return on Equity

58,21 %

Current Ratio

2,31

Debt-to-Equity Ratio

0,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 249 000	21 313 000	21 925 000	19 466 000
Net Income	1 988 000	1 866 000	2 400 000	1 068 000
Total Assets	10 171 000	9 321 000	9 228 000	9 159 000
Total Equity	3 415 000	2 627 000	4 262 000	3 861 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 249 000	21 313 000	21 925 000	19 466 000
Expenditure	19 606 000	18 899 000	18 819 000	18 101 000
Operating Profit	2 643 000	2 414 000	3 107 000	1 365 000
Financial Income	4 000	4 000	12 000	52 000
Financial Costs	99 000	25 000	41 000	48 000
Financial Balance	−95 000	−21 000	−29 000	4 000
Earnings Before Tax	2 549 000	2 392 000	3 078 000	1 369 000
Tax	561 000	526 000	678 000	301 000
Net Income	1 988 000	1 866 000	2 400 000	1 068 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	685 000	863 000	258 000	277 000
Total Current Assets	9 485 000	8 458 000	8 971 000	8 882 000
Total Assets	10 171 000	9 321 000	9 228 000	9 159 000
Total Retained Equity	3 115 000	2 327 000	3 962 000	3 561 000
Total Equity	3 415 000	2 627 000	4 262 000	3 861 000
Total Long-Term Debt	2 650 000	354 000	604 000	854 000
Total Current Debt	4 105 000	6 340 000	4 363 000	4 444 000
Total Equity and Debt	10 171 000	9 321 000	9 228 000	9 159 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 249 000	21 313 000	21 925 000	19 466 000
Other Income	0	0	0	0
Revenue	22 249 000	21 313 000	21 925 000	19 466 000
Cost of Goods Sold	12 861 000	12 208 000	12 666 000	11 861 000
Salary Costs	2 458 000	2 394 000	2 319 000	2 363 000
Depreciation	175 000	160 000	41 000	79 000
Impairment	0	0	0	0
Expenditure	19 606 000	18 899 000	18 819 000	18 101 000
Operating Profit	2 643 000	2 414 000	3 107 000	1 365 000
Financial Income	4 000	4 000	12 000	52 000
Financial Costs	99 000	25 000	41 000	48 000
Financial Balance	−95 000	−21 000	−29 000	4 000
Dividends	1 200 000	3 500 000	2 000 000	600 000
Net Income	1 988 000	1 866 000	2 400 000	1 068 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 000	17 000	29 000	31 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	583 000	758 000	141 000	164 000
Total Tangible Assets	583 000	758 000	141 000	164 000
Total Fiancial Fixed Assets	82 000	88 000	88 000	82 000
Total Fixed Assets	685 000	863 000	258 000	277 000
Stock	5 698 000	5 773 000	5 293 000	5 310 000
Total Investments	0	0	0	0
Cash, Bank	1 568 000	1 138 000	2 145 000	1 556 000
Total Current Assets	9 485 000	8 458 000	8 971 000	8 882 000
Total Assets	10 171 000	9 321 000	9 228 000	9 159 000
Total Equity	3 415 000	2 627 000	4 262 000	3 861 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 650 000	354 000	604 000	854 000
Creditors	1 020 000	908 000	439 000	2 238 000
Unpaid Taxes	709 000	709 000	731 000	646 000
Dividends	1 200 000	3 500 000	2 000 000	600 000
Other Current Debt	612 000	708 000	518 000	644 000
Total Current Debt	4 105 000	6 340 000	4 363 000	4 444 000
Total Equity and Debt	10 171 000	9 321 000	9 228 000	9 159 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,21 %	71,03 %	56,31 %	27,66 %
Debt-to-Equity Ratio	0,78	0,13	0,14	0,22
Operating Profit Margin	11,88 %	11,33 %	14,17 %	7,01 %
Current Ratio	2,31	1,33	2,06	2
Quick Ratio	−5,95	14,92	−9,65	−10,26
Equity Ratio	0,34	0,28	0,46	0,42
Gross Profit Margin	42,2 %	42,72 %	42,23 %	39,07 %