FAGERNES RØR AS

2900 FAGERNES

Finances

Return on Equity

31,65 %

Current Ratio

2,41

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 921 000	24 587 000	21 355 000	17 822 000
Net Income	838 000	−685 000	777 000	367 000
Total Assets	5 585 000	6 749 000	8 179 000	6 641 000
Total Equity	2 648 000	1 810 000	3 745 000	3 688 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 921 000	24 587 000	21 355 000	17 822 000
Expenditure	14 275 000	25 443 000	20 426 000	17 325 000
Operating Profit	647 000	−856 000	929 000	497 000
Financial Income	405 000	9 000	61 000	6 000
Financial Costs	90 000	34 000	10 000	30 000
Financial Balance	315 000	−25 000	51 000	−24 000
Earnings Before Tax	961 000	−880 000	980 000	472 000
Tax	123 000	−196 000	203 000	105 000
Net Income	838 000	−685 000	777 000	367 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	305 000	614 000	445 000	434 000
Total Current Assets	5 280 000	6 135 000	7 734 000	6 207 000
Total Assets	5 585 000	6 749 000	8 179 000	6 641 000
Total Retained Equity	2 448 000	1 610 000	3 445 000	3 388 000
Total Equity	2 648 000	1 810 000	3 745 000	3 688 000
Total Long-Term Debt	750 000	950 000	0	0
Total Current Debt	2 187 000	3 989 000	4 434 000	2 953 000
Total Equity and Debt	5 585 000	6 749 000	8 179 000	6 641 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 543 000	24 007 000	21 153 000	17 770 000
Other Income	−622 000	580 000	203 000	52 000
Revenue	14 921 000	24 587 000	21 355 000	17 822 000
Cost of Goods Sold	5 301 000	14 172 000	10 265 000	7 126 000
Salary Costs	5 850 000	7 603 000	6 968 000	7 128 000
Depreciation	28 000	43 000	33 000	38 000
Impairment	0	0	0	0
Expenditure	14 275 000	25 443 000	20 426 000	17 325 000
Operating Profit	647 000	−856 000	929 000	497 000
Financial Income	405 000	9 000	61 000	6 000
Financial Costs	90 000	34 000	10 000	30 000
Financial Balance	315 000	−25 000	51 000	−24 000
Dividends	0	0	720 000	0
Net Income	838 000	−685 000	777 000	367 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	88 000	211 000	15 000	24 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	100 000	49 000	76 000	56 000
Total Tangible Assets	100 000	49 000	76 000	56 000
Total Fiancial Fixed Assets	117 000	354 000	354 000	354 000
Total Fixed Assets	305 000	614 000	445 000	434 000
Stock	3 311 000	3 368 000	2 793 000	2 487 000
Total Investments	0	0	0	0
Cash, Bank	243 000	302 000	2 530 000	1 675 000
Total Current Assets	5 280 000	6 135 000	7 734 000	6 207 000
Total Assets	5 585 000	6 749 000	8 179 000	6 641 000
Total Equity	2 648 000	1 810 000	3 745 000	3 688 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	750 000	950 000	0	0
Creditors	658 000	907 000	1 647 000	1 008 000
Unpaid Taxes	896 000	567 000	882 000	686 000
Dividends	0	0	720 000	0
Other Current Debt	520 000	1 569 000	992 000	1 169 000
Total Current Debt	2 187 000	3 989 000	4 434 000	2 953 000
Total Equity and Debt	5 585 000	6 749 000	8 179 000	6 641 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,65 %	−37,85 %	20,75 %	9,95 %
Debt-to-Equity Ratio	0,28	0,52	0	0
Operating Profit Margin	4,34 %	−3,48 %	4,35 %	2,79 %
Current Ratio	2,41	1,54	1,74	2,1
Quick Ratio	−4,7	9,88	4,71	13,32
Equity Ratio	0,47	0,27	0,46	0,56
Gross Profit Margin	64,47 %	42,36 %	51,93 %	60,02 %