NORDIC FURNITURE & DECOR AS

1540 VESTBY

Finances

Share Ownership

Return on Equity

−91,51 %

Current Ratio

0,98

Debt-to-Equity Ratio

0,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	208 319 000	199 823 000	216 717 000	12 223 000
Net Income	−1 595 000	1 070 000	6 175 000	1 630 000
Total Assets	130 726 000	117 672 000	93 550 000	6 639 000
Total Equity	1 743 000	2 276 000	3 392 000	3 249 000

Income (NOK)	2022	2021	2020	2019
Revenue	208 319 000	199 823 000	216 717 000	12 223 000
Expenditure	205 065 000	195 516 000	208 108 000	10 046 000
Operating Profit	3 253 000	4 306 000	8 609 000	2 178 000
Financial Income	290 000	4 000	85 000	63 000
Financial Costs	5 665 000	2 693 000	778 000	151 000
Financial Balance	−5 375 000	−2 689 000	−693 000	−88 000
Earnings Before Tax	−2 121 000	1 616 000	7 916 000	2 090 000
Tax	−526 000	547 000	1 742 000	460 000
Net Income	−1 595 000	1 070 000	6 175 000	1 630 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 346 000	5 141 000	4 413 000	992 000
Total Current Assets	126 380 000	112 531 000	89 138 000	5 647 000
Total Assets	130 726 000	117 672 000	93 550 000	6 639 000
Total Retained Equity	−457 000	0	930 000	788 000
Total Equity	1 743 000	2 276 000	3 392 000	3 249 000
Total Long-Term Debt	556 000	678 000	40 000	0
Total Current Debt	128 427 000	114 718 000	90 119 000	3 390 000
Total Equity and Debt	130 726 000	117 672 000	93 550 000	6 639 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	208 263 000	199 781 000	216 717 000	0
Other Income	56 000	42 000	0	12 223 000
Revenue	208 319 000	199 823 000	216 717 000	12 223 000
Cost of Goods Sold	150 680 000	147 065 000	154 329 000	0
Salary Costs	15 713 000	14 268 000	14 330 000	5 347 000
Depreciation	1 164 000	1 014 000	631 000	331 000
Impairment	0	0	0	134 000
Expenditure	205 065 000	195 516 000	208 108 000	10 046 000
Operating Profit	3 253 000	4 306 000	8 609 000	2 178 000
Financial Income	290 000	4 000	85 000	63 000
Financial Costs	5 665 000	2 693 000	778 000	151 000
Financial Balance	−5 375 000	−2 689 000	−693 000	−88 000
Dividends	0	0	0	0
Net Income	−1 595 000	1 070 000	6 175 000	1 630 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	781 000	597 000	73 000	1 000
Real Eastate	2 057 000	2 465 000	2 594 000	312 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 372 000	1 943 000	1 683 000	536 000
Total Tangible Assets	3 428 000	4 408 000	4 277 000	847 000
Total Fiancial Fixed Assets	136 000	136 000	63 000	144 000
Total Fixed Assets	4 346 000	5 141 000	4 413 000	992 000
Stock	83 969 000	61 640 000	42 190 000	0
Total Investments	0	0	0	0
Cash, Bank	695 000	484 000	770 000	494 000
Total Current Assets	126 380 000	112 531 000	89 138 000	5 647 000
Total Assets	130 726 000	117 672 000	93 550 000	6 639 000
Total Equity	1 743 000	2 276 000	3 392 000	3 249 000
Short-Term Group Debt	0	5 376 000	7 733 000	2 163 000
Total Long-Term Debt	556 000	678 000	40 000	0
Creditors	17 170 000	8 762 000	75 745 000	515 000
Unpaid Taxes	11 061 000	9 661 000	0	411 000
Dividends	0	0	0	0
Other Current Debt	100 196 000	90 919 000	6 640 000	300 000
Total Current Debt	128 427 000	114 718 000	90 119 000	3 390 000
Total Equity and Debt	130 726 000	117 672 000	93 550 000	6 639 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−91,51 %	47,01 %	182,05 %	50,17 %
Debt-to-Equity Ratio	0,32	0,3	0,01	0
Operating Profit Margin	1,56 %	2,15 %	3,97 %	17,82 %
Current Ratio	0,98	0,98	0,99	1,67
Quick Ratio	2,84	2,12	1,86	1,67
Equity Ratio	0,01	0,02	0,04	0,49
Gross Profit Margin	27,67 %	26,4 %	28,79 %	100 %