MØBELRINGEN SOGNDAL AS

6857 SOGNDAL

Finances

Return on Equity

15,28 %

Current Ratio

1,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 058 000	16 174 000	14 765 000	14 376 000
Net Income	1 223 000	1 492 000	1 440 000	538 000
Total Assets	11 510 000	9 242 000	9 977 000	9 237 000
Total Equity	8 006 000	7 284 000	6 792 000	6 791 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 058 000	16 174 000	14 765 000	14 376 000
Expenditure	14 611 000	14 341 000	13 078 000	13 770 000
Operating Profit	1 447 000	1 833 000	1 687 000	607 000
Financial Income	116 000	87 000	171 000	85 000
Financial Costs	18 000	7 000	25 000	2 000
Financial Balance	98 000	80 000	146 000	83 000
Earnings Before Tax	1 545 000	1 913 000	1 833 000	690 000
Tax	322 000	421 000	393 000	152 000
Net Income	1 223 000	1 492 000	1 440 000	538 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 920 000	4 499 000	4 501 000	3 752 000
Total Current Assets	6 590 000	4 744 000	5 476 000	5 485 000
Total Assets	11 510 000	9 242 000	9 977 000	9 237 000
Total Retained Equity	7 906 000	7 184 000	6 692 000	0
Total Equity	8 006 000	7 284 000	6 792 000	6 791 000
Total Long-Term Debt	10 000	3 000	5 000	3 000
Total Current Debt	3 493 000	1 955 000	3 181 000	2 442 000
Total Equity and Debt	11 510 000	9 242 000	9 977 000	9 237 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 058 000	16 174 000	14 765 000	14 376 000
Other Income	0	0	0	0
Revenue	16 058 000	16 174 000	14 765 000	14 376 000
Cost of Goods Sold	8 521 000	8 776 000	8 054 000	8 159 000
Salary Costs	2 232 000	2 156 000	1 857 000	2 410 000
Depreciation	112 000	81 000	86 000	103 000
Impairment	0	0	0	0
Expenditure	14 611 000	14 341 000	13 078 000	13 770 000
Operating Profit	1 447 000	1 833 000	1 687 000	607 000
Financial Income	116 000	87 000	171 000	85 000
Financial Costs	18 000	7 000	25 000	2 000
Financial Balance	98 000	80 000	146 000	83 000
Dividends	500 000	1 000 000	1 439 000	500 000
Net Income	1 223 000	1 492 000	1 440 000	538 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	553 000	143 000	0	0
Fixtures	0	75 000	299 000	389 000
Total Tangible Assets	553 000	218 000	299 000	389 000
Total Fiancial Fixed Assets	4 367 000	4 281 000	4 203 000	3 364 000
Total Fixed Assets	4 920 000	4 499 000	4 501 000	3 752 000
Stock	4 706 000	3 688 000	3 468 000	3 252 000
Total Investments	0	0	0	0
Cash, Bank	1 450 000	1 016 000	1 838 000	1 990 000
Total Current Assets	6 590 000	4 744 000	5 476 000	5 485 000
Total Assets	11 510 000	9 242 000	9 977 000	9 237 000
Total Equity	8 006 000	7 284 000	6 792 000	6 791 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 000	3 000	5 000	3 000
Creditors	1 361 000	18 000	32 000	46 000
Unpaid Taxes	525 000	542 000	396 000	514 000
Dividends	500 000	1 000 000	1 439 000	500 000
Other Current Debt	792 000	973 000	922 000	1 230 000
Total Current Debt	3 493 000	1 955 000	3 181 000	2 442 000
Total Equity and Debt	11 510 000	9 242 000	9 977 000	9 237 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,28 %	20,48 %	21,2 %	7,92 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,01 %	11,33 %	11,43 %	4,22 %
Current Ratio	1,89	2,43	1,72	2,25
Quick Ratio	−5,43	−2,74	−19,08	−6,77
Equity Ratio	0,7	0,79	0,68	0,74
Gross Profit Margin	46,94 %	45,74 %	45,45 %	43,25 %