FORSAND BYGGSERVICE AS

4110 FORSAND

Finances

Share Ownership

Return on Equity

3,67 %

Current Ratio

1,69

Debt-to-Equity Ratio

0,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 564 000	15 255 000	15 657 000	20 557 000
Net Income	140 000	74 000	744 000	991 000
Total Assets	11 434 000	12 112 000	8 061 000	6 366 000
Total Equity	3 812 000	3 672 000	3 540 000	2 761 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 564 000	15 255 000	15 657 000	20 557 000
Expenditure	24 689 000	15 179 000	14 718 000	19 219 000
Operating Profit	475 000	77 000	939 000	1 339 000
Financial Income	2 000	61 000	40 000	42 000
Financial Costs	285 000	60 000	34 000	121 000
Financial Balance	−283 000	1 000	6 000	−79 000
Earnings Before Tax	192 000	78 000	945 000	1 260 000
Tax	53 000	4 000	201 000	269 000
Net Income	140 000	74 000	744 000	991 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 812 000	2 905 000	1 746 000	823 000
Total Current Assets	9 622 000	9 206 000	6 315 000	5 543 000
Total Assets	11 434 000	12 112 000	8 061 000	6 366 000
Total Retained Equity	3 619 000	3 479 000	3 405 000	2 661 000
Total Equity	3 812 000	3 672 000	3 540 000	2 761 000
Total Long-Term Debt	1 918 000	1 508 000	1 010 000	1 075 000
Total Current Debt	5 704 000	6 932 000	3 512 000	2 530 000
Total Equity and Debt	11 434 000	12 112 000	8 061 000	6 366 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 507 000	15 220 000	15 656 000	20 555 000
Other Income	57 000	34 000	0	2 000
Revenue	26 564 000	15 255 000	15 657 000	20 557 000
Cost of Goods Sold	17 915 000	9 866 000	9 025 000	12 649 000
Salary Costs	4 962 000	4 949 000	4 074 000	5 159 000
Depreciation	0	57 000	51 000	53 000
Impairment	0	0	0	0
Expenditure	24 689 000	15 179 000	14 718 000	19 219 000
Operating Profit	475 000	77 000	939 000	1 339 000
Financial Income	2 000	61 000	40 000	42 000
Financial Costs	285 000	60 000	34 000	121 000
Financial Balance	−283 000	1 000	6 000	−79 000
Dividends	0	0	0	0
Net Income	140 000	74 000	744 000	991 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 000	64 000	84 000	295 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	139 000	52 000	103 000
Total Tangible Assets	0	139 000	52 000	103 000
Total Fiancial Fixed Assets	1 801 000	2 703 000	1 610 000	425 000
Total Fixed Assets	1 812 000	2 905 000	1 746 000	823 000
Stock	3 040 000	4 575 000	2 786 000	3 729 000
Total Investments	226 000	273 000	215 000	182 000
Cash, Bank	734 000	2 390 000	1 461 000	383 000
Total Current Assets	9 622 000	9 206 000	6 315 000	5 543 000
Total Assets	11 434 000	12 112 000	8 061 000	6 366 000
Total Equity	3 812 000	3 672 000	3 540 000	2 761 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 918 000	1 508 000	1 010 000	1 075 000
Creditors	1 938 000	1 358 000	1 631 000	710 000
Unpaid Taxes	1 333 000	710 000	729 000	652 000
Dividends	0	0	0	0
Other Current Debt	830 000	916 000	1 151 000	582 000
Total Current Debt	5 704 000	6 932 000	3 512 000	2 530 000
Total Equity and Debt	11 434 000	12 112 000	8 061 000	6 366 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,67 %	2,02 %	21,02 %	35,89 %
Debt-to-Equity Ratio	0,5	0,41	0,29	0,39
Operating Profit Margin	1,79 %	0,5 %	6 %	6,51 %
Current Ratio	1,69	1,33	1,8	2,19
Quick Ratio	3,61	3,91	8,7	−4,62
Equity Ratio	0,33	0,3	0,44	0,43
Gross Profit Margin	32,56 %	35,33 %	42,36 %	38,47 %