FORUS ENERGIGJENVINNING HOLDING AS

4313 SANDNES

Finances

Return on Equity

14,08 %

Current Ratio

3,87

Debt-to-Equity Ratio

1,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	184 785 000	146 018 000	141 358 000	136 245 000
Net Income	21 598 000	13 012 000	7 744 000	9 545 000
Total Assets	352 858 000	381 553 000	378 163 000	390 571 000
Total Equity	153 373 000	139 755 000	126 825 000	119 081 000

Income (NOK)	2022	2021	2020	2019
Revenue	184 785 000	146 018 000	141 358 000	136 245 000
Expenditure	153 691 000	125 776 000	127 718 000	119 826 000
Operating Profit	31 094 000	20 242 000	13 638 000	16 419 000
Financial Income	1 972 000	523 000	445 000	619 000
Financial Costs	5 136 000	3 225 000	4 158 000	5 853 000
Financial Balance	−3 164 000	−2 702 000	−3 713 000	−5 234 000
Earnings Before Tax	27 930 000	17 540 000	9 926 000	11 185 000
Tax	6 332 000	4 529 000	2 183 000	1 640 000
Net Income	21 598 000	13 012 000	7 744 000	9 545 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	237 897 000	271 787 000	298 060 000	318 950 000
Total Current Assets	114 960 000	109 766 000	80 103 000	71 622 000
Total Assets	352 858 000	381 553 000	378 163 000	390 571 000
Total Retained Equity	54 052 000	40 434 000	27 505 000	19 761 000
Total Equity	153 373 000	139 755 000	126 825 000	119 081 000
Total Long-Term Debt	169 761 000	208 000 000	225 500 000	243 000 000
Total Current Debt	29 724 000	33 799 000	25 838 000	28 490 000
Total Equity and Debt	352 858 000	381 553 000	378 163 000	390 571 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	183 038 000	144 325 000	139 706 000	134 622 000
Other Income	1 748 000	1 693 000	1 651 000	1 623 000
Revenue	184 785 000	146 018 000	141 358 000	136 245 000
Cost of Goods Sold	75 638 000	53 027 000	60 698 000	55 212 000
Salary Costs	27 037 000	25 149 000	24 274 000	22 786 000
Depreciation	39 163 000	38 514 000	36 325 000	35 400 000
Impairment	0	0	0	0
Expenditure	153 691 000	125 776 000	127 718 000	119 826 000
Operating Profit	31 094 000	20 242 000	13 638 000	16 419 000
Financial Income	1 972 000	523 000	445 000	619 000
Financial Costs	5 136 000	3 225 000	4 158 000	5 853 000
Financial Balance	−3 164 000	−2 702 000	−3 713 000	−5 234 000
Dividends	0	0	0	0
Net Income	21 598 000	13 012 000	7 744 000	9 545 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	4 807 000	14 578 000	11 606 000
Real Eastate	57 299 000	65 865 000	276 610 000	305 673 000
Machinery and Plant Facilities	180 598 000	201 116 000	6 086 000	1 671 000
Fixtures	0	0	786 000	0
Total Tangible Assets	237 897 000	266 981 000	283 482 000	307 344 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	237 897 000	271 787 000	298 060 000	318 950 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	73 275 000	75 593 000	53 412 000	44 485 000
Total Current Assets	114 960 000	109 766 000	80 103 000	71 622 000
Total Assets	352 858 000	381 553 000	378 163 000	390 571 000
Total Equity	153 373 000	139 755 000	126 825 000	119 081 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	169 761 000	208 000 000	225 500 000	243 000 000
Creditors	7 209 000	8 301 000	7 150 000	3 661 000
Unpaid Taxes	7 902 000	6 212 000	5 057 000	5 155 000
Dividends	0	0	0	0
Other Current Debt	5 458 000	17 577 000	8 475 000	6 316 000
Total Current Debt	29 724 000	33 799 000	25 838 000	28 490 000
Total Equity and Debt	352 858 000	381 553 000	378 163 000	390 571 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,08 %	9,31 %	6,11 %	8,02 %
Debt-to-Equity Ratio	1,11	1,49	1,78	2,04
Operating Profit Margin	16,83 %	13,86 %	9,65 %	12,05 %
Current Ratio	3,87	3,25	3,1	2,51
Quick Ratio	3,87	3,25	3,1	2,51
Equity Ratio	0,43	0,37	0,34	0,3
Gross Profit Margin	59,07 %	63,68 %	57,06 %	59,48 %