MØBELRINGEN ARENDAL AS

4848 ARENDAL

Finances

Return on Equity

17,22 %

Current Ratio

3,99

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 411 000	20 748 000	18 753 000	17 242 000
Net Income	993 000	1 574 000	1 237 000	16 000
Total Assets	9 963 000	10 159 000	9 259 000	7 127 000
Total Equity	5 765 000	4 772 000	3 198 000	1 960 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 411 000	20 748 000	18 753 000	17 242 000
Expenditure	18 082 000	18 653 000	17 066 000	17 114 000
Operating Profit	1 329 000	2 096 000	1 687 000	127 000
Financial Income	4 000	3 000	2 000	1 000
Financial Costs	59 000	80 000	103 000	107 000
Financial Balance	−55 000	−77 000	−101 000	−106 000
Earnings Before Tax	1 273 000	2 018 000	1 586 000	21 000
Tax	280 000	444 000	349 000	5 000
Net Income	993 000	1 574 000	1 237 000	16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	177 000	137 000	438 000	736 000
Total Current Assets	9 786 000	10 022 000	8 821 000	6 391 000
Total Assets	9 963 000	10 159 000	9 259 000	7 127 000
Total Retained Equity	4 845 000	3 852 000	2 278 000	1 040 000
Total Equity	5 765 000	4 772 000	3 198 000	1 960 000
Total Long-Term Debt	1 749 000	2 345 000	2 995 000	1 050 000
Total Current Debt	2 450 000	3 042 000	3 066 000	4 117 000
Total Equity and Debt	9 963 000	10 159 000	9 259 000	7 127 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 328 000	20 718 000	18 719 000	17 167 000
Other Income	83 000	30 000	34 000	75 000
Revenue	19 411 000	20 748 000	18 753 000	17 242 000
Cost of Goods Sold	10 594 000	11 400 000	10 642 000	10 284 000
Salary Costs	3 230 000	3 431 000	3 114 000	3 430 000
Depreciation	49 000	48 000	34 000	27 000
Impairment	0	0	0	0
Expenditure	18 082 000	18 653 000	17 066 000	17 114 000
Operating Profit	1 329 000	2 096 000	1 687 000	127 000
Financial Income	4 000	3 000	2 000	1 000
Financial Costs	59 000	80 000	103 000	107 000
Financial Balance	−55 000	−77 000	−101 000	−106 000
Dividends	0	0	0	0
Net Income	993 000	1 574 000	1 237 000	16 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 000	253 000	602 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	167 000	126 000	175 000	124 000
Total Tangible Assets	167 000	126 000	175 000	124 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	177 000	137 000	438 000	736 000
Stock	6 593 000	5 953 000	5 327 000	5 294 000
Total Investments	0	0	0	0
Cash, Bank	2 578 000	3 517 000	2 754 000	412 000
Total Current Assets	9 786 000	10 022 000	8 821 000	6 391 000
Total Assets	9 963 000	10 159 000	9 259 000	7 127 000
Total Equity	5 765 000	4 772 000	3 198 000	1 960 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 749 000	2 345 000	2 995 000	1 050 000
Creditors	532 000	597 000	970 000	767 000
Unpaid Taxes	553 000	724 000	706 000	607 000
Dividends	0	0	0	0
Other Current Debt	1 089 000	1 529 000	1 390 000	1 010 000
Total Current Debt	2 450 000	3 042 000	3 066 000	4 117 000
Total Equity and Debt	9 963 000	10 159 000	9 259 000	7 127 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,22 %	32,98 %	38,68 %	0,82 %
Debt-to-Equity Ratio	0,3	0,49	0,94	0,54
Operating Profit Margin	6,85 %	10,1 %	9 %	0,74 %
Current Ratio	3,99	3,29	2,88	1,55
Quick Ratio	−2,36	−3,44	−3,9	−5,43
Equity Ratio	0,58	0,47	0,35	0,28
Gross Profit Margin	45,42 %	45,05 %	43,25 %	40,35 %