MØBELRINGEN STEINKJER AS

7714 STEINKJER

Finances

Return on Equity

6,03 %

Current Ratio

4,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 389 000	11 496 000	10 911 000	10 221 000
Net Income	421 000	303 000	716 000	113 000
Total Assets	9 041 000	8 745 000	7 645 000	7 066 000
Total Equity	6 980 000	6 558 000	6 256 000	5 540 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 389 000	11 496 000	10 911 000	10 221 000
Expenditure	10 901 000	11 110 000	10 000 000	10 099 000
Operating Profit	488 000	385 000	911 000	122 000
Financial Income	52 000	3 000	7 000	25 000
Financial Costs	0	0	0	1 000
Financial Balance	52 000	3 000	7 000	24 000
Earnings Before Tax	540 000	388 000	918 000	145 000
Tax	119 000	85 000	202 000	32 000
Net Income	421 000	303 000	716 000	113 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	332 000	353 000	320 000	301 000
Total Current Assets	8 708 000	8 392 000	7 325 000	6 764 000
Total Assets	9 041 000	8 745 000	7 645 000	7 066 000
Total Retained Equity	4 515 000	4 093 000	3 791 000	3 075 000
Total Equity	6 980 000	6 558 000	6 256 000	5 540 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 061 000	2 187 000	1 389 000	1 526 000
Total Equity and Debt	9 041 000	8 745 000	7 645 000	7 066 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 385 000	11 490 000	10 909 000	10 220 000
Other Income	3 000	6 000	2 000	1 000
Revenue	11 389 000	11 496 000	10 911 000	10 221 000
Cost of Goods Sold	6 301 000	6 510 000	6 207 000	6 080 000
Salary Costs	2 093 000	1 958 000	1 756 000	1 766 000
Depreciation	22 000	15 000	7 000	5 000
Impairment	0	0	0	0
Expenditure	10 901 000	11 110 000	10 000 000	10 099 000
Operating Profit	488 000	385 000	911 000	122 000
Financial Income	52 000	3 000	7 000	25 000
Financial Costs	0	0	0	1 000
Financial Balance	52 000	3 000	7 000	24 000
Dividends	0	0	0	0
Net Income	421 000	303 000	716 000	113 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	6 000	7 000	8 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	16 000	26 000	0	0
Fixtures	16 000	28 000	20 000	0
Total Tangible Assets	32 000	54 000	20 000	0
Total Fiancial Fixed Assets	293 000	293 000	293 000	293 000
Total Fixed Assets	332 000	353 000	320 000	301 000
Stock	4 239 000	4 078 000	3 882 000	3 685 000
Total Investments	0	0	0	0
Cash, Bank	4 131 000	3 928 000	3 120 000	2 664 000
Total Current Assets	8 708 000	8 392 000	7 325 000	6 764 000
Total Assets	9 041 000	8 745 000	7 645 000	7 066 000
Total Equity	6 980 000	6 558 000	6 256 000	5 540 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	573 000	832 000	98 000	520 000
Unpaid Taxes	367 000	422 000	458 000	365 000
Dividends	0	0	0	0
Other Current Debt	1 001 000	848 000	632 000	609 000
Total Current Debt	2 061 000	2 187 000	1 389 000	1 526 000
Total Equity and Debt	9 041 000	8 745 000	7 645 000	7 066 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,03 %	4,62 %	11,45 %	2,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,28 %	3,35 %	8,35 %	1,19 %
Current Ratio	4,23	3,84	5,27	4,43
Quick Ratio	−4	−4,44	−2,94	−3,13
Equity Ratio	0,77	0,75	0,82	0,78
Gross Profit Margin	44,67 %	43,37 %	43,11 %	40,51 %