MØBELHUSET SKIEN AS

3735 SKIEN

Finances

Return on Equity

46,68 %

Current Ratio

1,32

Debt-to-Equity Ratio

0,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 299 000	21 551 000	17 969 000	19 480 000
Net Income	1 863 000	3 206 000	576 000	629 000
Total Assets	13 102 000	11 594 000	7 694 000	9 257 000
Total Equity	3 991 000	3 538 000	2 018 000	1 442 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 299 000	21 551 000	17 969 000	19 480 000
Expenditure	18 733 000	17 376 000	17 092 000	18 649 000
Operating Profit	2 565 000	4 174 000	877 000	830 000
Financial Income	37 000	55 000	60 000	54 000
Financial Costs	213 000	119 000	196 000	77 000
Financial Balance	−176 000	−64 000	−136 000	−23 000
Earnings Before Tax	2 389 000	4 110 000	741 000	806 000
Tax	526 000	904 000	165 000	177 000
Net Income	1 863 000	3 206 000	576 000	629 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 498 000	462 000	377 000	438 000
Total Current Assets	8 604 000	11 132 000	7 317 000	8 819 000
Total Assets	13 102 000	11 594 000	7 694 000	9 257 000
Total Retained Equity	3 241 000	2 788 000	1 268 000	692 000
Total Equity	3 991 000	3 538 000	2 018 000	1 442 000
Total Long-Term Debt	2 574 000	1 131 000	1 347 000	1 383 000
Total Current Debt	6 537 000	6 925 000	4 329 000	6 432 000
Total Equity and Debt	13 102 000	11 594 000	7 694 000	9 257 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 721 000	21 523 000	17 963 000	19 480 000
Other Income	578 000	27 000	6 000	0
Revenue	21 299 000	21 551 000	17 969 000	19 480 000
Cost of Goods Sold	10 922 000	10 827 000	9 527 000	10 750 000
Salary Costs	3 402 000	2 603 000	1 816 000	2 186 000
Depreciation	156 000	35 000	34 000	27 000
Impairment	0	0	0	0
Expenditure	18 733 000	17 376 000	17 092 000	18 649 000
Operating Profit	2 565 000	4 174 000	877 000	830 000
Financial Income	37 000	55 000	60 000	54 000
Financial Costs	213 000	119 000	196 000	77 000
Financial Balance	−176 000	−64 000	−136 000	−23 000
Dividends	0	1 500 000	0	0
Net Income	1 863 000	3 206 000	576 000	629 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	8 000	12 000	27 000
Real Eastate	105 000	126 000	147 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 029 000	65 000	44 000	224 000
Total Tangible Assets	1 134 000	191 000	191 000	224 000
Total Fiancial Fixed Assets	3 364 000	264 000	175 000	187 000
Total Fixed Assets	4 498 000	462 000	377 000	438 000
Stock	5 501 000	4 375 000	3 473 000	3 242 000
Total Investments	0	0	0	0
Cash, Bank	4 000	2 944 000	1 269 000	1 316 000
Total Current Assets	8 604 000	11 132 000	7 317 000	8 819 000
Total Assets	13 102 000	11 594 000	7 694 000	9 257 000
Total Equity	3 991 000	3 538 000	2 018 000	1 442 000
Short-Term Group Debt	2 156 000	245 000	0	2 144 000
Total Long-Term Debt	2 574 000	1 131 000	1 347 000	1 383 000
Creditors	2 131 000	1 227 000	1 945 000	2 424 000
Unpaid Taxes	683 000	1 046 000	541 000	550 000
Dividends	0	1 500 000	0	0
Other Current Debt	1 076 000	2 059 000	1 693 000	1 210 000
Total Current Debt	6 537 000	6 925 000	4 329 000	6 432 000
Total Equity and Debt	13 102 000	11 594 000	7 694 000	9 257 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,68 %	90,62 %	28,54 %	43,62 %
Debt-to-Equity Ratio	0,64	0,32	0,67	0,96
Operating Profit Margin	12,04 %	19,37 %	4,88 %	4,26 %
Current Ratio	1,32	1,61	1,69	1,37
Quick Ratio	8,31	4,37	8,55	2,76
Equity Ratio	0,3	0,31	0,26	0,16
Gross Profit Margin	48,72 %	49,76 %	46,98 %	44,82 %