HONNINGSVÅG MØBLER AS

9750 HONNINGSVÅG

Finances

Share Ownership

Return on Equity

24,99 %

Current Ratio

2,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 337 000	7 452 000	7 391 000	5 501 000
Net Income	517 000	504 000	698 000	−168 000
Total Assets	3 600 000	3 582 000	3 647 000	2 976 000
Total Equity	2 069 000	1 553 000	1 049 000	759 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 337 000	7 452 000	7 391 000	5 501 000
Expenditure	6 682 000	6 804 000	6 498 000	5 707 000
Operating Profit	656 000	647 000	894 000	−206 000
Financial Income	9 000	0	5 000	4 000
Financial Costs	1 000	0	3 000	12 000
Financial Balance	8 000	0	2 000	−8 000
Earnings Before Tax	664 000	647 000	896 000	−214 000
Tax	147 000	143 000	198 000	−46 000
Net Income	517 000	504 000	698 000	−168 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	98 000	107 000	27 000	110 000
Total Current Assets	3 503 000	3 475 000	3 620 000	2 866 000
Total Assets	3 600 000	3 582 000	3 647 000	2 976 000
Total Retained Equity	1 776 000	1 259 000	755 000	465 000
Total Equity	2 069 000	1 553 000	1 049 000	759 000
Total Long-Term Debt	0	0	0	134 000
Total Current Debt	1 531 000	2 029 000	2 598 000	2 083 000
Total Equity and Debt	3 600 000	3 582 000	3 647 000	2 976 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 337 000	7 452 000	7 391 000	5 501 000
Other Income	0	0	0	0
Revenue	7 337 000	7 452 000	7 391 000	5 501 000
Cost of Goods Sold	4 366 000	4 387 000	4 332 000	3 270 000
Salary Costs	1 060 000	1 185 000	945 000	1 212 000
Depreciation	12 000	3 000	0	0
Impairment	0	0	0	0
Expenditure	6 682 000	6 804 000	6 498 000	5 707 000
Operating Profit	656 000	647 000	894 000	−206 000
Financial Income	9 000	0	5 000	4 000
Financial Costs	1 000	0	3 000	12 000
Financial Balance	8 000	0	2 000	−8 000
Dividends	0	0	0	0
Net Income	517 000	504 000	698 000	−168 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	53 000	50 000	27 000	110 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	45 000	57 000	0	0
Total Tangible Assets	45 000	57 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	98 000	107 000	27 000	110 000
Stock	2 066 000	1 931 000	1 959 000	2 293 000
Total Investments	0	0	0	0
Cash, Bank	1 064 000	1 328 000	1 381 000	405 000
Total Current Assets	3 503 000	3 475 000	3 620 000	2 866 000
Total Assets	3 600 000	3 582 000	3 647 000	2 976 000
Total Equity	2 069 000	1 553 000	1 049 000	759 000
Short-Term Group Debt	494 000	951 000	1 610 000	1 444 000
Total Long-Term Debt	0	0	0	134 000
Creditors	291 000	267 000	257 000	141 000
Unpaid Taxes	290 000	283 000	416 000	234 000
Dividends	0	0	0	0
Other Current Debt	307 000	361 000	315 000	264 000
Total Current Debt	1 531 000	2 029 000	2 598 000	2 083 000
Total Equity and Debt	3 600 000	3 582 000	3 647 000	2 976 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,99 %	32,45 %	66,54 %	−22,13 %
Debt-to-Equity Ratio	0	0	0	0,18
Operating Profit Margin	8,94 %	8,68 %	12,1 %	−3,74 %
Current Ratio	2,29	1,71	1,39	1,38
Quick Ratio	−6,55	35,46	5,67	−13,65
Equity Ratio	0,57	0,43	0,29	0,26
Gross Profit Margin	40,49 %	41,13 %	41,39 %	40,56 %