FERSTAD ELEKTRO AS

6723 SVELGEN

Finances

Return on Equity

30,28 %

Current Ratio

1,83

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 038 000	22 493 000	16 847 000	13 843 000
Net Income	1 797 000	2 379 000	1 640 000	666 000
Total Assets	12 656 000	10 075 000	7 864 000	6 640 000
Total Equity	5 934 000	4 136 000	2 758 000	2 818 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 038 000	22 493 000	16 847 000	13 843 000
Expenditure	23 746 000	19 418 000	14 709 000	12 966 000
Operating Profit	2 292 000	3 076 000	2 138 000	877 000
Financial Income	7 000	7 000	10 000	11 000
Financial Costs	35 000	37 000	37 000	38 000
Financial Balance	−28 000	−30 000	−27 000	−27 000
Earnings Before Tax	2 264 000	3 046 000	2 111 000	851 000
Tax	467 000	667 000	472 000	185 000
Net Income	1 797 000	2 379 000	1 640 000	666 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	922 000	706 000	158 000	138 000
Total Current Assets	11 734 000	9 369 000	7 707 000	6 502 000
Total Assets	12 656 000	10 075 000	7 864 000	6 640 000
Total Retained Equity	5 834 000	4 036 000	2 658 000	2 718 000
Total Equity	5 934 000	4 136 000	2 758 000	2 818 000
Total Long-Term Debt	295 000	380 000	0	0
Total Current Debt	6 428 000	5 559 000	5 107 000	3 822 000
Total Equity and Debt	12 656 000	10 075 000	7 864 000	6 640 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 023 000	22 493 000	16 847 000	13 843 000
Other Income	15 000	0	0	0
Revenue	26 038 000	22 493 000	16 847 000	13 843 000
Cost of Goods Sold	7 947 000	7 797 000	5 978 000	5 385 000
Salary Costs	12 397 000	8 702 000	6 315 000	5 579 000
Depreciation	147 000	166 000	81 000	31 000
Impairment	0	0	0	0
Expenditure	23 746 000	19 418 000	14 709 000	12 966 000
Operating Profit	2 292 000	3 076 000	2 138 000	877 000
Financial Income	7 000	7 000	10 000	11 000
Financial Costs	35 000	37 000	37 000	38 000
Financial Balance	−28 000	−30 000	−27 000	−27 000
Dividends	0	1 000 000	1 700 000	500 000
Net Income	1 797 000	2 379 000	1 640 000	666 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	259 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	339 000	395 000	0	0
Fixtures	318 000	305 000	151 000	132 000
Total Tangible Assets	657 000	700 000	151 000	132 000
Total Fiancial Fixed Assets	6 000	6 000	6 000	6 000
Total Fixed Assets	922 000	706 000	158 000	138 000
Stock	3 614 000	2 923 000	2 311 000	1 698 000
Total Investments	0	0	0	0
Cash, Bank	1 114 000	413 000	1 907 000	595 000
Total Current Assets	11 734 000	9 369 000	7 707 000	6 502 000
Total Assets	12 656 000	10 075 000	7 864 000	6 640 000
Total Equity	5 934 000	4 136 000	2 758 000	2 818 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	295 000	380 000	0	0
Creditors	1 582 000	867 000	1 335 000	2 116 000
Unpaid Taxes	1 640 000	1 721 000	1 074 000	850 000
Dividends	0	1 000 000	1 700 000	500 000
Other Current Debt	2 480 000	1 164 000	1 026 000	671 000
Total Current Debt	6 428 000	5 559 000	5 107 000	3 822 000
Total Equity and Debt	12 656 000	10 075 000	7 864 000	6 640 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,28 %	57,52 %	59,46 %	23,63 %
Debt-to-Equity Ratio	0,05	0,09	0	0
Operating Profit Margin	8,8 %	13,68 %	12,69 %	6,34 %
Current Ratio	1,83	1,69	1,51	1,7
Quick Ratio	4,17	3,55	2,76	3,06
Equity Ratio	0,47	0,41	0,35	0,42
Gross Profit Margin	69,48 %	65,34 %	64,52 %	61,1 %