ØLEN MØBEL AS

5580 ØLEN

Finances

Return on Equity

20,36 %

Current Ratio

2,16

Debt-to-Equity Ratio

1,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 622 000	24 025 000	19 346 000	12 251 000
Net Income	1 052 000	979 000	1 368 000	−168 000
Total Assets	19 152 000	16 900 000	14 342 000	12 500 000
Total Equity	5 166 000	4 114 000	3 135 000	1 767 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 622 000	24 025 000	19 346 000	12 251 000
Expenditure	19 603 000	22 184 000	17 129 000	11 938 000
Operating Profit	2 020 000	1 841 000	2 216 000	313 000
Financial Income	53 000	34 000	32 000	14 000
Financial Costs	727 000	620 000	659 000	495 000
Financial Balance	−674 000	−586 000	−627 000	−481 000
Earnings Before Tax	1 347 000	1 255 000	1 589 000	−168 000
Tax	295 000	276 000	221 000	0
Net Income	1 052 000	979 000	1 368 000	−168 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 631 000	5 109 000	4 123 000	4 406 000
Total Current Assets	14 521 000	11 791 000	10 218 000	8 094 000
Total Assets	19 152 000	16 900 000	14 342 000	12 500 000
Total Retained Equity	3 766 000	2 714 000	1 735 000	367 000
Total Equity	5 166 000	4 114 000	3 135 000	1 767 000
Total Long-Term Debt	7 269 000	6 575 000	7 017 000	7 172 000
Total Current Debt	6 716 000	6 210 000	4 189 000	3 560 000
Total Equity and Debt	19 152 000	16 900 000	14 342 000	12 500 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 622 000	24 025 000	19 346 000	12 251 000
Other Income	0	0	0	0
Revenue	21 622 000	24 025 000	19 346 000	12 251 000
Cost of Goods Sold	13 995 000	17 161 000	13 046 000	7 833 000
Salary Costs	3 264 000	3 094 000	2 514 000	2 400 000
Depreciation	478 000	378 000	382 000	300 000
Impairment	0	0	0	0
Expenditure	19 603 000	22 184 000	17 129 000	11 938 000
Operating Profit	2 020 000	1 841 000	2 216 000	313 000
Financial Income	53 000	34 000	32 000	14 000
Financial Costs	727 000	620 000	659 000	495 000
Financial Balance	−674 000	−586 000	−627 000	−481 000
Dividends	0	0	0	0
Net Income	1 052 000	979 000	1 368 000	−168 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	41 000	19 000
Real Eastate	3 460 000	3 645 000	3 392 000	3 521 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 171 000	1 464 000	690 000	865 000
Total Tangible Assets	4 631 000	5 109 000	4 083 000	4 386 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 631 000	5 109 000	4 123 000	4 406 000
Stock	13 316 000	10 124 000	8 479 000	7 741 000
Total Investments	0	0	0	0
Cash, Bank	169 000	86 000	71 000	41 000
Total Current Assets	14 521 000	11 791 000	10 218 000	8 094 000
Total Assets	19 152 000	16 900 000	14 342 000	12 500 000
Total Equity	5 166 000	4 114 000	3 135 000	1 767 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 269 000	6 575 000	7 017 000	7 172 000
Creditors	1 098 000	1 192 000	672 000	862 000
Unpaid Taxes	1 268 000	1 039 000	1 029 000	640 000
Dividends	0	0	0	0
Other Current Debt	1 113 000	1 778 000	673 000	954 000
Total Current Debt	6 716 000	6 210 000	4 189 000	3 560 000
Total Equity and Debt	19 152 000	16 900 000	14 342 000	12 500 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,36 %	23,8 %	43,64 %	−9,51 %
Debt-to-Equity Ratio	1,41	1,6	2,24	4,06
Operating Profit Margin	9,34 %	7,66 %	11,45 %	2,55 %
Current Ratio	2,16	1,9	2,44	2,27
Quick Ratio	−2,2	−3,01	−2,38	−1,94
Equity Ratio	0,27	0,24	0,22	0,14
Gross Profit Margin	35,27 %	28,57 %	32,56 %	36,06 %