MØBELRINGEN GRINI AS

1396 BILLINGSTAD

Finances

Return on Equity

11,4 %

Current Ratio

6,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 560 000	21 657 000	23 028 000	19 205 000
Net Income	335 000	1 167 000	1 579 000	47 000
Total Assets	3 387 000	10 547 000	11 146 000	9 369 000
Total Equity	2 939 000	5 604 000	4 436 000	2 857 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 560 000	21 657 000	23 028 000	19 205 000
Expenditure	15 103 000	20 115 000	20 709 000	18 915 000
Operating Profit	457 000	1 541 000	2 319 000	291 000
Financial Income	19 000	81 000	128 000	22 000
Financial Costs	36 000	133 000	417 000	245 000
Financial Balance	−17 000	−52 000	−289 000	−223 000
Earnings Before Tax	440 000	1 489 000	2 029 000	68 000
Tax	105 000	321 000	450 000	21 000
Net Income	335 000	1 167 000	1 579 000	47 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	378 000	385 000	423 000	484 000
Total Current Assets	3 009 000	10 162 000	10 724 000	8 885 000
Total Assets	3 387 000	10 547 000	11 146 000	9 369 000
Total Retained Equity	1 449 000	4 114 000	2 946 000	1 367 000
Total Equity	2 939 000	5 604 000	4 436 000	2 857 000
Total Long-Term Debt	0	0	0	672 000
Total Current Debt	448 000	4 943 000	6 710 000	5 840 000
Total Equity and Debt	3 387 000	10 547 000	11 146 000	9 369 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 483 000	21 532 000	22 832 000	19 014 000
Other Income	78 000	124 000	196 000	192 000
Revenue	15 560 000	21 657 000	23 028 000	19 205 000
Cost of Goods Sold	9 958 000	10 912 000	11 569 000	10 415 000
Salary Costs	1 863 000	3 750 000	3 738 000	3 315 000
Depreciation	7 000	38 000	97 000	92 000
Impairment	0	0	0	0
Expenditure	15 103 000	20 115 000	20 709 000	18 915 000
Operating Profit	457 000	1 541 000	2 319 000	291 000
Financial Income	19 000	81 000	128 000	22 000
Financial Costs	36 000	133 000	417 000	245 000
Financial Balance	−17 000	−52 000	−289 000	−223 000
Dividends	3 000 000	0	0	0
Net Income	335 000	1 167 000	1 579 000	47 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	16 000	23 000	61 000	123 000
Total Tangible Assets	16 000	23 000	61 000	123 000
Total Fiancial Fixed Assets	362 000	362 000	362 000	362 000
Total Fixed Assets	378 000	385 000	423 000	484 000
Stock	4 000	5 866 000	6 038 000	5 428 000
Total Investments	0	0	0	0
Cash, Bank	701 000	2 687 000	1 285 000	544 000
Total Current Assets	3 009 000	10 162 000	10 724 000	8 885 000
Total Assets	3 387 000	10 547 000	11 146 000	9 369 000
Total Equity	2 939 000	5 604 000	4 436 000	2 857 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	672 000
Creditors	97 000	1 618 000	2 425 000	2 259 000
Unpaid Taxes	7 000	1 528 000	1 852 000	1 310 000
Dividends	3 000 000	0	0	0
Other Current Debt	239 000	1 476 000	1 983 000	2 250 000
Total Current Debt	448 000	4 943 000	6 710 000	5 840 000
Total Equity and Debt	3 387 000	10 547 000	11 146 000	9 369 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,4 %	20,82 %	35,6 %	1,65 %
Debt-to-Equity Ratio	0	0	0	0,24
Operating Profit Margin	2,94 %	7,12 %	10,07 %	1,52 %
Current Ratio	6,72	2,06	1,6	1,52
Quick Ratio	6,78	−11,01	15,96	21,57
Equity Ratio	0,87	0,53	0,4	0,3
Gross Profit Margin	36 %	49,61 %	49,76 %	45,77 %