FAGMALEREN FRED THORSEN OG SØNN AS

4760 BIRKELAND

Finances

Share Ownership

Return on Equity

45,64 %

Current Ratio

1,28

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 214 000	8 857 000	6 624 000	6 360 000
Net Income	508 000	63 000	15 000	474 000
Total Assets	4 602 000	3 196 000	2 686 000	1 825 000
Total Equity	1 113 000	605 000	541 000	526 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 214 000	8 857 000	6 624 000	6 360 000
Expenditure	13 531 000	8 710 000	6 560 000	5 730 000
Operating Profit	684 000	146 000	64 000	630 000
Financial Income	0	0	0	0
Financial Costs	29 000	40 000	45 000	22 000
Financial Balance	−29 000	−40 000	−45 000	−22 000
Earnings Before Tax	655 000	106 000	19 000	609 000
Tax	146 000	43 000	4 000	134 000
Net Income	508 000	63 000	15 000	474 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	170 000	211 000	256 000	190 000
Total Current Assets	4 432 000	2 985 000	2 430 000	1 635 000
Total Assets	4 602 000	3 196 000	2 686 000	1 825 000
Total Retained Equity	1 083 000	575 000	511 000	496 000
Total Equity	1 113 000	605 000	541 000	526 000
Total Long-Term Debt	28 000	77 000	113 000	0
Total Current Debt	3 462 000	2 514 000	2 032 000	1 298 000
Total Equity and Debt	4 602 000	3 196 000	2 686 000	1 825 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 214 000	8 804 000	6 530 000	6 360 000
Other Income	0	53 000	94 000	0
Revenue	14 214 000	8 857 000	6 624 000	6 360 000
Cost of Goods Sold	5 692 000	1 950 000	1 481 000	1 315 000
Salary Costs	5 651 000	4 994 000	3 665 000	3 026 000
Depreciation	85 000	85 000	60 000	72 000
Impairment	0	0	0	0
Expenditure	13 531 000	8 710 000	6 560 000	5 730 000
Operating Profit	684 000	146 000	64 000	630 000
Financial Income	0	0	0	0
Financial Costs	29 000	40 000	45 000	22 000
Financial Balance	−29 000	−40 000	−45 000	−22 000
Dividends	0	0	0	0
Net Income	508 000	63 000	15 000	474 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	6 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	170 000	211 000	256 000	184 000
Total Tangible Assets	170 000	211 000	256 000	184 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	170 000	211 000	256 000	190 000
Stock	320 000	338 000	331 000	270 000
Total Investments	0	0	0	0
Cash, Bank	186 000	146 000	136 000	67 000
Total Current Assets	4 432 000	2 985 000	2 430 000	1 635 000
Total Assets	4 602 000	3 196 000	2 686 000	1 825 000
Total Equity	1 113 000	605 000	541 000	526 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	28 000	77 000	113 000	0
Creditors	1 405 000	502 000	266 000	127 000
Unpaid Taxes	704 000	470 000	445 000	244 000
Dividends	0	0	0	0
Other Current Debt	1 150 000	965 000	775 000	498 000
Total Current Debt	3 462 000	2 514 000	2 032 000	1 298 000
Total Equity and Debt	4 602 000	3 196 000	2 686 000	1 825 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,64 %	10,41 %	2,77 %	90,11 %
Debt-to-Equity Ratio	0,03	0,13	0,21	0
Operating Profit Margin	4,81 %	1,65 %	0,97 %	9,91 %
Current Ratio	1,28	1,19	1,2	1,26
Quick Ratio	1,41	1,37	1,43	1,59
Equity Ratio	0,24	0,19	0,2	0,29
Gross Profit Margin	59,95 %	77,98 %	77,64 %	79,32 %