FJORDGLAS AS

6872 LUSTER

Finances

Share Ownership

Return on Equity

155,09 %

Current Ratio

1,04

Debt-to-Equity Ratio

1,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 411 000	36 824 000	30 532 000	28 986 000
Net Income	3 398 000	2 238 000	1 282 000	675 000
Total Assets	18 608 000	20 452 000	19 239 000	14 707 000
Total Equity	2 191 000	3 590 000	7 352 000	11 070 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 411 000	36 824 000	30 532 000	28 986 000
Expenditure	35 919 000	33 512 000	28 803 000	28 209 000
Operating Profit	4 501 000	3 424 000	1 492 000	805 000
Financial Income	0	3 000	15 000	22 000
Financial Costs	144 000	471 000	5 000	9 000
Financial Balance	−144 000	−468 000	10 000	13 000
Earnings Before Tax	4 357 000	2 956 000	1 503 000	818 000
Tax	959 000	718 000	220 000	143 000
Net Income	3 398 000	2 238 000	1 282 000	675 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 378 000	6 496 000	7 472 000	1 251 000
Total Current Assets	13 230 000	13 955 000	11 767 000	13 456 000
Total Assets	18 608 000	20 452 000	19 239 000	14 707 000
Total Retained Equity	2 022 000	3 421 000	7 183 000	10 901 000
Total Equity	2 191 000	3 590 000	7 352 000	11 070 000
Total Long-Term Debt	3 744 000	4 426 000	5 203 000	0
Total Current Debt	12 672 000	12 436 000	6 684 000	3 638 000
Total Equity and Debt	18 608 000	20 452 000	19 239 000	14 707 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 059 000	36 653 000	30 492 000	28 899 000
Other Income	352 000	171 000	40 000	87 000
Revenue	40 411 000	36 824 000	30 532 000	28 986 000
Cost of Goods Sold	18 334 000	17 724 000	12 865 000	12 212 000
Salary Costs	9 282 000	8 808 000	7 303 000	7 839 000
Depreciation	878 000	991 000	331 000	230 000
Impairment	0	0	0	0
Expenditure	35 919 000	33 512 000	28 803 000	28 209 000
Operating Profit	4 501 000	3 424 000	1 492 000	805 000
Financial Income	0	3 000	15 000	22 000
Financial Costs	144 000	471 000	5 000	9 000
Financial Balance	−144 000	−468 000	10 000	13 000
Dividends	0	0	0	0
Net Income	3 398 000	2 238 000	1 282 000	675 000

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	0	0	0	0
Fixtures	5 336 000	6 457 000	7 432 000	1 212 000
Total Tangible Assets	5 336 000	6 457 000	7 432 000	1 212 000
Total Fiancial Fixed Assets	42 000	39 000	39 000	39 000
Total Fixed Assets	5 378 000	6 496 000	7 472 000	1 251 000
Stock	4 776 000	4 556 000	2 974 000	2 965 000
Total Investments	0	0	0	0
Cash, Bank	4 738 000	6 715 000	2 924 000	2 671 000
Total Current Assets	13 230 000	13 955 000	11 767 000	13 456 000
Total Assets	18 608 000	20 452 000	19 239 000	14 707 000
Total Equity	2 191 000	3 590 000	7 352 000	11 070 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 744 000	4 426 000	5 203 000	0
Creditors	1 585 000	2 221 000	306 000	1 329 000
Unpaid Taxes	1 408 000	1 481 000	414 000	1 163 000
Dividends	0	0	0	0
Other Current Debt	9 680 000	8 101 000	5 946 000	1 002 000
Total Current Debt	12 672 000	12 436 000	6 684 000	3 638 000
Total Equity and Debt	18 608 000	20 452 000	19 239 000	14 707 000

Financial indicators	2022	2021	2020	2019
Return on Equity	155,09 %	62,34 %	17,44 %	6,1 %
Debt-to-Equity Ratio	1,71	1,23	0,71	0
Operating Profit Margin	11,14 %	9,3 %	4,89 %	2,78 %
Current Ratio	1,04	1,12	1,76	3,7
Quick Ratio	1,68	1,77	3,17	19,99
Equity Ratio	0,12	0,18	0,38	0,75
Gross Profit Margin	54,63 %	51,87 %	57,86 %	57,87 %