FAGERNES TRANSPORT AS

2016 FROGNER

Finances

Share Ownership

Return on Equity

30,83 %

Current Ratio

1,36

Debt-to-Equity Ratio

1,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 802 000	8 256 000	2 114 000	242 000
Net Income	361 000	686 000	23 000	7 000
Total Assets	5 959 000	2 767 000	652 000	220 000
Total Equity	1 171 000	810 000	125 000	101 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 802 000	8 256 000	2 114 000	242 000
Expenditure	19 222 000	7 350 000	2 083 000	234 000
Operating Profit	581 000	906 000	32 000	8 000
Financial Income	1 000	9 000	2 000	0
Financial Costs	117 000	37 000	3 000	1 000
Financial Balance	−116 000	−28 000	−1 000	−1 000
Earnings Before Tax	464 000	879 000	31 000	7 000
Tax	103 000	193 000	7 000	0
Net Income	361 000	686 000	23 000	7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 303 000	550 000	0	0
Total Current Assets	3 657 000	2 217 000	652 000	220 000
Total Assets	5 959 000	2 767 000	652 000	220 000
Total Retained Equity	1 071 000	710 000	25 000	7 000
Total Equity	1 171 000	810 000	125 000	101 000
Total Long-Term Debt	2 101 000	516 000	0	0
Total Current Debt	2 687 000	1 440 000	527 000	119 000
Total Equity and Debt	5 959 000	2 767 000	652 000	220 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 765 000	7 728 000	2 114 000	242 000
Other Income	37 000	528 000	0	0
Revenue	19 802 000	8 256 000	2 114 000	242 000
Cost of Goods Sold	2 846 000	1 469 000	100 000	49 000
Salary Costs	2 854 000	1 473 000	597 000	0
Depreciation	342 000	82 000	0	0
Impairment	0	0	0	0
Expenditure	19 222 000	7 350 000	2 083 000	234 000
Operating Profit	581 000	906 000	32 000	8 000
Financial Income	1 000	9 000	2 000	0
Financial Costs	117 000	37 000	3 000	1 000
Financial Balance	−116 000	−28 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	361 000	686 000	23 000	7 000

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	2 153 000	450 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 153 000	450 000	0	0
Total Fiancial Fixed Assets	150 000	100 000	0	0
Total Fixed Assets	2 303 000	550 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	960 000	1 377 000	574 000	66 000
Total Current Assets	3 657 000	2 217 000	652 000	220 000
Total Assets	5 959 000	2 767 000	652 000	220 000
Total Equity	1 171 000	810 000	125 000	101 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 101 000	516 000	0	0
Creditors	1 698 000	281 000	276 000	97 000
Unpaid Taxes	445 000	195 000	3 000	0
Dividends	0	0	0	0
Other Current Debt	385 000	679 000	240 000	21 000
Total Current Debt	2 687 000	1 440 000	527 000	119 000
Total Equity and Debt	5 959 000	2 767 000	652 000	220 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,83 %	84,69 %	18,4 %	6,93 %
Debt-to-Equity Ratio	1,79	0,64	0	0
Operating Profit Margin	2,93 %	10,97 %	1,51 %	3,31 %
Current Ratio	1,36	1,54	1,24	1,85
Quick Ratio	1,36	1,54	1,24	1,85
Equity Ratio	0,2	0,29	0,19	0,46
Gross Profit Margin	85,63 %	82,21 %	95,27 %	79,75 %