SKIEN MØBLER AS

3730 SKIEN

Finances

Return on Equity

29,91 %

Current Ratio

2,13

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 682 000	26 154 000	22 998 000	21 398 000
Net Income	1 666 000	2 631 000	1 715 000	777 000
Total Assets	10 898 000	11 822 000	8 790 000	7 640 000
Total Equity	5 570 000	6 424 000	3 793 000	2 369 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 682 000	26 154 000	22 998 000	21 398 000
Expenditure	24 506 000	23 388 000	21 163 000	20 440 000
Operating Profit	2 175 000	2 767 000	1 834 000	958 000
Financial Income	0	0	0	0
Financial Costs	39 000	54 000	119 000	181 000
Financial Balance	−39 000	−54 000	−119 000	−181 000
Earnings Before Tax	2 136 000	2 713 000	1 715 000	777 000
Tax	470 000	82 000	0	0
Net Income	1 666 000	2 631 000	1 715 000	777 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	405 000	301 000	290 000	301 000
Total Current Assets	10 493 000	11 521 000	8 500 000	7 339 000
Total Assets	10 898 000	11 822 000	8 790 000	7 640 000
Total Retained Equity	5 381 000	3 715 000	1 084 000	−631 000
Total Equity	5 570 000	6 424 000	3 793 000	2 369 000
Total Long-Term Debt	400 000	602 000	800 000	950 000
Total Current Debt	4 928 000	4 796 000	4 196 000	4 321 000
Total Equity and Debt	10 898 000	11 822 000	8 790 000	7 640 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 602 000	26 106 000	22 946 000	21 305 000
Other Income	79 000	48 000	52 000	94 000
Revenue	26 682 000	26 154 000	22 998 000	21 398 000
Cost of Goods Sold	14 211 000	14 072 000	13 223 000	12 760 000
Salary Costs	5 028 000	4 667 000	3 735 000	3 810 000
Depreciation	49 000	96 000	74 000	61 000
Impairment	0	0	0	0
Expenditure	24 506 000	23 388 000	21 163 000	20 440 000
Operating Profit	2 175 000	2 767 000	1 834 000	958 000
Financial Income	0	0	0	0
Financial Costs	39 000	54 000	119 000	181 000
Financial Balance	−39 000	−54 000	−119 000	−181 000
Dividends	0	0	0	0
Net Income	1 666 000	2 631 000	1 715 000	777 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	8 000	69 000	131 000
Machinery and Plant Facilities	39 000	5 000	7 000	0
Fixtures	102 000	118 000	44 000	0
Total Tangible Assets	141 000	131 000	120 000	131 000
Total Fiancial Fixed Assets	263 000	170 000	170 000	170 000
Total Fixed Assets	405 000	301 000	290 000	301 000
Stock	8 453 000	6 968 000	6 542 000	6 418 000
Total Investments	0	0	0	0
Cash, Bank	1 324 000	3 857 000	1 115 000	230 000
Total Current Assets	10 493 000	11 521 000	8 500 000	7 339 000
Total Assets	10 898 000	11 822 000	8 790 000	7 640 000
Total Equity	5 570 000	6 424 000	3 793 000	2 369 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	400 000	602 000	800 000	950 000
Creditors	1 075 000	873 000	1 319 000	1 011 000
Unpaid Taxes	949 000	1 154 000	932 000	580 000
Dividends	0	0	0	0
Other Current Debt	2 432 000	2 690 000	1 945 000	1 131 000
Total Current Debt	4 928 000	4 796 000	4 196 000	4 321 000
Total Equity and Debt	10 898 000	11 822 000	8 790 000	7 640 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,91 %	40,96 %	45,21 %	32,8 %
Debt-to-Equity Ratio	0,07	0,09	0,21	0,4
Operating Profit Margin	8,15 %	10,58 %	7,97 %	4,48 %
Current Ratio	2,13	2,4	2,03	1,7
Quick Ratio	−2,98	−5,3	−3,62	−3,5
Equity Ratio	0,51	0,54	0,43	0,31
Gross Profit Margin	46,74 %	46,2 %	42,5 %	40,37 %