MØBELHUSET ØRSTA AS

6160 HOVDEBYGDA

Finances

Return on Equity

56,67 %

Current Ratio

1,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 322 000	26 052 000	23 609 000	21 159 000
Net Income	3 780 000	3 925 000	3 673 000	2 826 000
Total Assets	14 519 000	13 119 000	13 369 000	9 709 000
Total Equity	6 670 000	5 890 000	8 965 000	6 792 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 322 000	26 052 000	23 609 000	21 159 000
Expenditure	21 555 000	21 041 000	18 933 000	17 583 000
Operating Profit	4 766 000	5 011 000	4 677 000	3 576 000
Financial Income	85 000	23 000	35 000	48 000
Financial Costs	5 000	2 000	2 000	1 000
Financial Balance	80 000	21 000	33 000	47 000
Earnings Before Tax	4 846 000	5 032 000	4 711 000	3 623 000
Tax	1 066 000	1 107 000	1 038 000	797 000
Net Income	3 780 000	3 925 000	3 673 000	2 826 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	902 000	1 025 000	283 000	144 000
Total Current Assets	13 617 000	12 094 000	13 086 000	9 565 000
Total Assets	14 519 000	13 119 000	13 369 000	9 709 000
Total Retained Equity	6 170 000	5 390 000	8 465 000	6 292 000
Total Equity	6 670 000	5 890 000	8 965 000	6 792 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 849 000	7 229 000	4 404 000	2 917 000
Total Equity and Debt	14 519 000	13 119 000	13 369 000	9 709 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 322 000	26 052 000	23 609 000	21 154 000
Other Income	0	0	0	5 000
Revenue	26 322 000	26 052 000	23 609 000	21 159 000
Cost of Goods Sold	14 782 000	14 290 000	13 508 000	12 496 000
Salary Costs	3 349 000	2 952 000	2 646 000	2 652 000
Depreciation	124 000	90 000	25 000	133 000
Impairment	0	0	0	0
Expenditure	21 555 000	21 041 000	18 933 000	17 583 000
Operating Profit	4 766 000	5 011 000	4 677 000	3 576 000
Financial Income	85 000	23 000	35 000	48 000
Financial Costs	5 000	2 000	2 000	1 000
Financial Balance	80 000	21 000	33 000	47 000
Dividends	3 000 000	7 000 000	1 500 000	0
Net Income	3 780 000	3 925 000	3 673 000	2 826 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	22 000	20 000	30 000	38 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	709 000	833 000	81 000	106 000
Total Tangible Assets	709 000	833 000	81 000	106 000
Total Fiancial Fixed Assets	172 000	172 000	172 000	0
Total Fixed Assets	902 000	1 025 000	283 000	144 000
Stock	6 807 000	5 994 000	5 674 000	5 371 000
Total Investments	0	0	0	0
Cash, Bank	5 878 000	5 366 000	6 511 000	3 386 000
Total Current Assets	13 617 000	12 094 000	13 086 000	9 565 000
Total Assets	14 519 000	13 119 000	13 369 000	9 709 000
Total Equity	6 670 000	5 890 000	8 965 000	6 792 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 149 000	684 000	1 075 000	566 000
Unpaid Taxes	1 165 000	1 216 000	998 000	977 000
Dividends	3 000 000	7 000 000	1 500 000	0
Other Current Debt	1 468 000	1 232 000	1 301 000	565 000
Total Current Debt	7 849 000	7 229 000	4 404 000	2 917 000
Total Equity and Debt	14 519 000	13 119 000	13 369 000	9 709 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,67 %	66,64 %	40,97 %	41,61 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,11 %	19,23 %	19,81 %	16,9 %
Current Ratio	1,73	1,67	2,97	3,28
Quick Ratio	13,07	9,79	−10,3	−3,9
Equity Ratio	0,46	0,45	0,67	0,7
Gross Profit Margin	43,84 %	45,15 %	42,78 %	40,94 %