FLATANGER SETTEFISK AS

7770 FLATANGER

Finances

Share Ownership

Return on Equity

15,03 %

Current Ratio

3,35

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	137 760 000	128 808 000	131 715 000	109 344 000
Net Income	17 381 000	14 802 000	20 529 000	10 419 000
Total Assets	146 047 000	137 784 000	132 045 000	152 108 000
Total Equity	115 649 000	108 268 000	100 466 000	89 936 000

Income (NOK)	2022	2021	2020	2019
Revenue	137 760 000	128 808 000	131 715 000	109 344 000
Expenditure	113 080 000	108 397 000	104 700 000	93 798 000
Operating Profit	21 995 000	19 441 000	27 735 000	15 132 000
Financial Income	330 000	174 000	424 000	383 000
Financial Costs	37 000	638 000	1 838 000	2 157 000
Financial Balance	293 000	−464 000	−1 414 000	−1 774 000
Earnings Before Tax	22 288 000	18 977 000	26 321 000	13 358 000
Tax	4 907 000	4 175 000	5 791 000	2 940 000
Net Income	17 381 000	14 802 000	20 529 000	10 419 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	65 290 000	66 516 000	61 808 000	68 143 000
Total Current Assets	80 758 000	71 267 000	70 237 000	83 966 000
Total Assets	146 047 000	137 784 000	132 045 000	152 108 000
Total Retained Equity	108 078 000	100 697 000	92 895 000	82 366 000
Total Equity	115 649 000	108 268 000	100 466 000	89 936 000
Total Long-Term Debt	6 276 000	7 344 000	8 323 000	52 810 000
Total Current Debt	24 122 000	22 172 000	23 257 000	9 362 000
Total Equity and Debt	146 047 000	137 784 000	132 045 000	152 108 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	137 655 000	128 660 000	131 561 000	109 051 000
Other Income	104 000	148 000	154 000	294 000
Revenue	137 760 000	128 808 000	131 715 000	109 344 000
Cost of Goods Sold	67 991 000	72 297 000	71 374 000	59 664 000
Salary Costs	15 259 000	13 194 000	13 392 000	11 976 000
Depreciation	11 035 000	8 776 000	8 805 000	8 853 000
Impairment	0	0	0	0
Expenditure	113 080 000	108 397 000	104 700 000	93 798 000
Operating Profit	21 995 000	19 441 000	27 735 000	15 132 000
Financial Income	330 000	174 000	424 000	383 000
Financial Costs	37 000	638 000	1 838 000	2 157 000
Financial Balance	293 000	−464 000	−1 414 000	−1 774 000
Dividends	10 000 000	7 000 000	10 000 000	0
Net Income	17 381 000	14 802 000	20 529 000	10 419 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	40 426 000	46 498 000	50 930 000	57 053 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	24 864 000	20 018 000	10 878 000	11 090 000
Total Tangible Assets	65 290 000	66 516 000	61 808 000	68 143 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	65 290 000	66 516 000	61 808 000	68 143 000
Stock	36 967 000	39 155 000	40 386 000	38 923 000
Total Investments	0	0	0	0
Cash, Bank	41 240 000	26 788 000	26 823 000	41 654 000
Total Current Assets	80 758 000	71 267 000	70 237 000	83 966 000
Total Assets	146 047 000	137 784 000	132 045 000	152 108 000
Total Equity	115 649 000	108 268 000	100 466 000	89 936 000
Short-Term Group Debt	0	0	204 000	251 000
Total Long-Term Debt	6 276 000	7 344 000	8 323 000	52 810 000
Creditors	3 373 000	4 584 000	2 580 000	1 763 000
Unpaid Taxes	1 356 000	1 149 000	1 051 000	938 000
Dividends	10 000 000	7 000 000	10 000 000	0
Other Current Debt	3 420 000	4 285 000	3 309 000	2 790 000
Total Current Debt	24 122 000	22 172 000	23 257 000	9 362 000
Total Equity and Debt	146 047 000	137 784 000	132 045 000	152 108 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,03 %	13,67 %	20,43 %	11,58 %
Debt-to-Equity Ratio	0,05	0,07	0,08	0,59
Operating Profit Margin	15,97 %	15,09 %	21,06 %	13,84 %
Current Ratio	3,35	3,21	3,02	8,97
Quick Ratio	−6,29	−4,2	−4,1	−2,84
Equity Ratio	0,79	0,79	0,76	0,59
Gross Profit Margin	50,65 %	43,87 %	45,81 %	45,43 %