REMMEN MØBELFABRIKK AS

6460 EIDSVÅG I ROMSDAL

Finances

Return on Equity

−0,92 %

Current Ratio

5,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 985 000	9 441 000	9 274 000	8 045 000
Net Income	−68 000	1 069 000	1 064 000	816 000
Total Assets	9 066 000	12 250 000	10 588 000	9 524 000
Total Equity	7 427 000	7 495 000	9 426 000	8 362 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 985 000	9 441 000	9 274 000	8 045 000
Expenditure	7 408 000	8 117 000	7 789 000	6 817 000
Operating Profit	−151 000	1 304 000	1 256 000	930 000
Financial Income	64 000	69 000	112 000	119 000
Financial Costs	0	0	3 000	2 000
Financial Balance	64 000	69 000	109 000	117 000
Earnings Before Tax	−88 000	1 373 000	1 365 000	1 047 000
Tax	−20 000	304 000	301 000	230 000
Net Income	−68 000	1 069 000	1 064 000	816 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	203 000	38 000	48 000	61 000
Total Current Assets	8 863 000	12 212 000	10 540 000	9 463 000
Total Assets	9 066 000	12 250 000	10 588 000	9 524 000
Total Retained Equity	7 327 000	7 395 000	9 326 000	8 262 000
Total Equity	7 427 000	7 495 000	9 426 000	8 362 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 639 000	4 755 000	1 162 000	1 162 000
Total Equity and Debt	9 066 000	12 250 000	10 588 000	9 524 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 985 000	9 423 000	9 256 000	8 045 000
Other Income	0	18 000	18 000	0
Revenue	6 985 000	9 441 000	9 274 000	8 045 000
Cost of Goods Sold	2 573 000	2 917 000	2 294 000	2 001 000
Salary Costs	2 333 000	2 334 000	1 896 000	1 893 000
Depreciation	10 000	8 000	13 000	14 000
Impairment	0	0	0	0
Expenditure	7 408 000	8 117 000	7 789 000	6 817 000
Operating Profit	−151 000	1 304 000	1 256 000	930 000
Financial Income	64 000	69 000	112 000	119 000
Financial Costs	0	0	3 000	2 000
Financial Balance	64 000	69 000	109 000	117 000
Dividends	0	0	0	200 000
Net Income	−68 000	1 069 000	1 064 000	816 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	58 000	38 000	40 000	40 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	145 000	0	6 000	13 000
Fixtures	0	0	2 000	8 000
Total Tangible Assets	145 000	0	8 000	21 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	203 000	38 000	48 000	61 000
Stock	951 000	494 000	469 000	677 000
Total Investments	0	0	0	0
Cash, Bank	6 154 000	9 603 000	8 604 000	7 710 000
Total Current Assets	8 863 000	12 212 000	10 540 000	9 463 000
Total Assets	9 066 000	12 250 000	10 588 000	9 524 000
Total Equity	7 427 000	7 495 000	9 426 000	8 362 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	182 000	383 000	189 000	176 000
Unpaid Taxes	354 000	476 000	277 000	259 000
Dividends	0	0	0	200 000
Other Current Debt	1 104 000	594 000	395 000	298 000
Total Current Debt	1 639 000	4 755 000	1 162 000	1 162 000
Total Equity and Debt	9 066 000	12 250 000	10 588 000	9 524 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,92 %	14,26 %	11,29 %	9,76 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2,16 %	13,81 %	13,54 %	11,56 %
Current Ratio	5,41	2,57	9,07	8,14
Quick Ratio	12,88	2,87	15,21	19,51
Equity Ratio	0,82	0,61	0,89	0,88
Gross Profit Margin	63,16 %	69,1 %	75,26 %	75,13 %