MØBELRINGEN LØRENSKOG AS

1473 LØRENSKOG

Finances

Return on Equity

285,7 %

Current Ratio

1,06

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	32 830 000	31 676 000	31 966 000	30 927 000
Net Income	3 337 000	1 935 000	2 095 000	1 671 000
Total Assets	11 382 000	9 369 000	8 186 000	7 543 000
Total Equity	1 168 000	1 132 000	3 497 000	2 771 000

Income (NOK)	2021	2020	2019	2018
Revenue	32 830 000	31 676 000	31 966 000	30 927 000
Expenditure	28 389 000	29 240 000	29 342 000	28 721 000
Operating Profit	4 441 000	2 436 000	2 624 000	2 206 000
Financial Income	27 000	53 000	38 000	20 000
Financial Costs	150 000	7 000	11 000	15 000
Financial Balance	−123 000	46 000	27 000	5 000
Earnings Before Tax	4 318 000	2 482 000	2 651 000	2 211 000
Tax	982 000	547 000	556 000	540 000
Net Income	3 337 000	1 935 000	2 095 000	1 671 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	536 000	661 000	693 000	725 000
Total Current Assets	10 846 000	8 708 000	7 493 000	6 818 000
Total Assets	11 382 000	9 369 000	8 186 000	7 543 000
Total Retained Equity	68 000	32 000	2 397 000	1 671 000
Total Equity	1 168 000	1 132 000	3 497 000	2 771 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 214 000	8 238 000	4 690 000	4 772 000
Total Equity and Debt	11 382 000	9 369 000	8 186 000	7 543 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	32 729 000	31 564 000	31 956 000	30 894 000
Other Income	101 000	112 000	10 000	33 000
Revenue	32 830 000	31 676 000	31 966 000	30 927 000
Cost of Goods Sold	16 962 000	18 010 000	18 656 000	18 329 000
Salary Costs	4 671 000	4 772 000	4 449 000	4 334 000
Depreciation	30 000	29 000	108 000	155 000
Impairment	0	0	0	0
Expenditure	28 389 000	29 240 000	29 342 000	28 721 000
Operating Profit	4 441 000	2 436 000	2 624 000	2 206 000
Financial Income	27 000	53 000	38 000	20 000
Financial Costs	150 000	7 000	11 000	15 000
Financial Balance	−123 000	46 000	27 000	5 000
Dividends	3 300 000	2 300 000	0	0
Net Income	3 337 000	1 935 000	2 095 000	1 671 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	26 000	27 000	29 000	23 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	114 000	95 000	124 000	162 000
Total Tangible Assets	114 000	95 000	124 000	162 000
Total Fiancial Fixed Assets	396 000	539 000	539 000	539 000
Total Fixed Assets	536 000	661 000	693 000	725 000
Stock	6 371 000	4 590 000	4 541 000	4 681 000
Total Investments	0	0	0	0
Cash, Bank	3 366 000	3 145 000	1 830 000	198 000
Total Current Assets	10 846 000	8 708 000	7 493 000	6 818 000
Total Assets	11 382 000	9 369 000	8 186 000	7 543 000
Total Equity	1 168 000	1 132 000	3 497 000	2 771 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	982 000	1 026 000	802 000	852 000
Unpaid Taxes	1 558 000	1 505 000	1 043 000	930 000
Dividends	3 300 000	2 300 000	0	0
Other Current Debt	6 692 000	2 862 000	2 283 000	2 464 000
Total Current Debt	10 214 000	8 238 000	4 690 000	4 772 000
Total Equity and Debt	11 382 000	9 369 000	8 186 000	7 543 000

Financial indicators	2021	2020	2019	2018
Return on Equity	285,7 %	170,94 %	59,91 %	60,3 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,53 %	7,69 %	8,21 %	7,13 %
Current Ratio	1,06	1,06	1,6	1,43
Quick Ratio	2,82	2,39	50,29	74,92
Equity Ratio	0,1	0,12	0,43	0,37
Gross Profit Margin	48,33 %	43,14 %	41,64 %	40,73 %