MØBELRINGEN SANDEFJORD AS

3229 SANDEFJORD

Finances

Share Ownership

Return on Equity

23,27 %

Current Ratio

2,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 017 000	30 898 000	25 825 000	21 794 000
Net Income	1 301 000	2 248 000	1 354 000	−36 000
Total Assets	9 845 000	10 146 000	7 497 000	9 866 000
Total Equity	5 592 000	4 291 000	2 643 000	1 663 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 017 000	30 898 000	25 825 000	21 794 000
Expenditure	26 330 000	27 990 000	24 007 000	21 712 000
Operating Profit	1 687 000	2 907 000	1 819 000	82 000
Financial Income	0	3 000	0	0
Financial Costs	15 000	20 000	82 000	128 000
Financial Balance	−15 000	−17 000	−82 000	−128 000
Earnings Before Tax	1 672 000	2 889 000	1 737 000	−46 000
Tax	371 000	641 000	383 000	−10 000
Net Income	1 301 000	2 248 000	1 354 000	−36 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	486 000	358 000	208 000	344 000
Total Current Assets	9 359 000	9 788 000	7 288 000	9 522 000
Total Assets	9 845 000	10 146 000	7 497 000	9 866 000
Total Retained Equity	5 492 000	4 191 000	2 543 000	1 563 000
Total Equity	5 592 000	4 291 000	2 643 000	1 663 000
Total Long-Term Debt	5 000	2 000	0	0
Total Current Debt	4 248 000	5 853 000	4 854 000	8 203 000
Total Equity and Debt	9 845 000	10 146 000	7 497 000	9 866 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 012 000	30 895 000	25 822 000	21 778 000
Other Income	6 000	3 000	3 000	16 000
Revenue	28 017 000	30 898 000	25 825 000	21 794 000
Cost of Goods Sold	15 567 000	17 653 000	15 301 000	13 216 000
Salary Costs	5 986 000	5 944 000	4 718 000	4 496 000
Depreciation	82 000	42 000	57 000	64 000
Impairment	0	0	0	0
Expenditure	26 330 000	27 990 000	24 007 000	21 712 000
Operating Profit	1 687 000	2 907 000	1 819 000	82 000
Financial Income	0	3 000	0	0
Financial Costs	15 000	20 000	82 000	128 000
Financial Balance	−15 000	−17 000	−82 000	−128 000
Dividends	0	0	375 000	0
Net Income	1 301 000	2 248 000	1 354 000	−36 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	1 000	81 000
Real Eastate	77 000	77 000	77 000	77 000
Machinery and Plant Facilities	112 000	0	0	17 000
Fixtures	297 000	281 000	130 000	169 000
Total Tangible Assets	486 000	358 000	207 000	263 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	486 000	358 000	208 000	344 000
Stock	5 385 000	4 596 000	4 003 000	4 160 000
Total Investments	0	0	0	0
Cash, Bank	2 055 000	3 215 000	1 461 000	3 635 000
Total Current Assets	9 359 000	9 788 000	7 288 000	9 522 000
Total Assets	9 845 000	10 146 000	7 497 000	9 866 000
Total Equity	5 592 000	4 291 000	2 643 000	1 663 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 000	2 000	0	0
Creditors	1 441 000	2 032 000	1 430 000	986 000
Unpaid Taxes	707 000	646 000	595 000	309 000
Dividends	0	0	375 000	0
Other Current Debt	1 732 000	2 538 000	2 150 000	1 340 000
Total Current Debt	4 248 000	5 853 000	4 854 000	8 203 000
Total Equity and Debt	9 845 000	10 146 000	7 497 000	9 866 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,27 %	52,39 %	51,23 %	−2,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,02 %	9,41 %	7,04 %	0,38 %
Current Ratio	2,2	1,67	1,5	1,16
Quick Ratio	−8,23	7,79	8,56	2,36
Equity Ratio	0,57	0,42	0,35	0,17
Gross Profit Margin	44,44 %	42,87 %	40,75 %	39,36 %