MØBELRINGEN P LARSEN AS

5235 RÅDAL

Finances

Return on Equity

18,73 %

Current Ratio

1,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 321 000	40 134 000	27 964 000	34 753 000
Net Income	856 000	2 454 000	1 595 000	436 000
Total Assets	11 653 000	10 429 000	8 400 000	4 490 000
Total Equity	4 571 000	3 811 000	1 953 000	824 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 321 000	40 134 000	27 964 000	34 753 000
Expenditure	34 194 000	36 960 000	25 916 000	34 073 000
Operating Profit	1 128 000	3 174 000	2 048 000	681 000
Financial Income	32 000	29 000	49 000	1 000
Financial Costs	62 000	57 000	51 000	120 000
Financial Balance	−30 000	−28 000	−2 000	−119 000
Earnings Before Tax	1 098 000	3 146 000	2 047 000	562 000
Tax	242 000	693 000	452 000	125 000
Net Income	856 000	2 454 000	1 595 000	436 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 813 000	1 737 000	735 000	285 000
Total Current Assets	8 841 000	8 692 000	7 664 000	4 205 000
Total Assets	11 653 000	10 429 000	8 400 000	4 490 000
Total Retained Equity	4 077 000	3 317 000	1 459 000	330 000
Total Equity	4 571 000	3 811 000	1 953 000	824 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 082 000	6 618 000	6 446 000	3 666 000
Total Equity and Debt	11 653 000	10 429 000	8 400 000	4 490 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 308 000	40 119 000	27 964 000	31 753 000
Other Income	13 000	15 000	0	3 000 000
Revenue	35 321 000	40 134 000	27 964 000	34 753 000
Cost of Goods Sold	19 168 000	21 268 000	14 942 000	20 912 000
Salary Costs	6 150 000	6 775 000	4 668 000	3 968 000
Depreciation	98 000	77 000	49 000	301 000
Impairment	0	0	−200 000	498 000
Expenditure	34 194 000	36 960 000	25 916 000	34 073 000
Operating Profit	1 128 000	3 174 000	2 048 000	681 000
Financial Income	32 000	29 000	49 000	1 000
Financial Costs	62 000	57 000	51 000	120 000
Financial Balance	−30 000	−28 000	−2 000	−119 000
Dividends	0	0	0	1 500 000
Net Income	856 000	2 454 000	1 595 000	436 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	53 000	94 000	118 000	161 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	608 000	513 000	494 000	0
Total Tangible Assets	608 000	513 000	494 000	0
Total Fiancial Fixed Assets	2 152 000	1 130 000	124 000	124 000
Total Fixed Assets	2 813 000	1 737 000	735 000	285 000
Stock	7 531 000	6 773 000	5 369 000	0
Total Investments	0	0	0	0
Cash, Bank	217 000	769 000	653 000	2 662 000
Total Current Assets	8 841 000	8 692 000	7 664 000	4 205 000
Total Assets	11 653 000	10 429 000	8 400 000	4 490 000
Total Equity	4 571 000	3 811 000	1 953 000	824 000
Short-Term Group Debt	568 000	808 000	500 000	0
Total Long-Term Debt	0	0	0	0
Creditors	2 149 000	1 094 000	1 412 000	275 000
Unpaid Taxes	1 204 000	1 164 000	1 357 000	1 469 000
Dividends	0	0	0	1 500 000
Other Current Debt	2 454 000	2 887 000	2 804 000	704 000
Total Current Debt	7 082 000	6 618 000	6 446 000	3 666 000
Total Equity and Debt	11 653 000	10 429 000	8 400 000	4 490 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,73 %	64,39 %	81,67 %	52,91 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,19 %	7,91 %	7,32 %	1,96 %
Current Ratio	1,25	1,31	1,19	1,15
Quick Ratio	−19,69	−56,08	7,12	1,15
Equity Ratio	0,39	0,37	0,23	0,18
Gross Profit Margin	45,73 %	47,01 %	46,57 %	39,83 %