FÅVANG BILENE AS

2630 RINGEBU

Finances

Share Ownership

Return on Equity

42,68 %

Current Ratio

1,77

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 831 000	16 578 000	10 961 000	9 278 000
Net Income	2 432 000	1 898 000	1 666 000	1 380 000
Total Assets	9 921 000	7 909 000	5 992 000	5 224 000
Total Equity	5 698 000	3 866 000	2 968 000	2 102 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 831 000	16 578 000	10 961 000	9 278 000
Expenditure	17 735 000	14 120 000	8 777 000	7 421 000
Operating Profit	3 095 000	2 459 000	2 183 000	1 856 000
Financial Income	29 000	1 000	3 000	9 000
Financial Costs	6 000	27 000	51 000	96 000
Financial Balance	23 000	−26 000	−48 000	−87 000
Earnings Before Tax	3 118 000	2 433 000	2 136 000	1 770 000
Tax	686 000	535 000	470 000	389 000
Net Income	2 432 000	1 898 000	1 666 000	1 380 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 805 000	3 350 000	2 607 000	1 671 000
Total Current Assets	7 116 000	4 559 000	3 384 000	3 554 000
Total Assets	9 921 000	7 909 000	5 992 000	5 224 000
Total Retained Equity	4 698 000	2 866 000	1 968 000	1 102 000
Total Equity	5 698 000	3 866 000	2 968 000	2 102 000
Total Long-Term Debt	195 000	541 000	1 051 000	1 697 000
Total Current Debt	4 029 000	3 502 000	1 973 000	1 426 000
Total Equity and Debt	9 921 000	7 909 000	5 992 000	5 224 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 607 000	16 438 000	10 929 000	9 278 000
Other Income	224 000	140 000	32 000	0
Revenue	20 831 000	16 578 000	10 961 000	9 278 000
Cost of Goods Sold	2 359 000	2 203 000	350 000	0
Salary Costs	5 744 000	5 041 000	3 872 000	3 269 000
Depreciation	337 000	341 000	201 000	163 000
Impairment	0	0	0	0
Expenditure	17 735 000	14 120 000	8 777 000	7 421 000
Operating Profit	3 095 000	2 459 000	2 183 000	1 856 000
Financial Income	29 000	1 000	3 000	9 000
Financial Costs	6 000	27 000	51 000	96 000
Financial Balance	23 000	−26 000	−48 000	−87 000
Dividends	600 000	1 000 000	800 000	0
Net Income	2 432 000	1 898 000	1 666 000	1 380 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	59 000	529 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 943 000	2 041 000	1 822 000	586 000
Total Tangible Assets	1 943 000	2 041 000	1 822 000	586 000
Total Fiancial Fixed Assets	862 000	1 309 000	726 000	556 000
Total Fixed Assets	2 805 000	3 350 000	2 607 000	1 671 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 953 000	3 393 000	2 520 000	1 824 000
Total Current Assets	7 116 000	4 559 000	3 384 000	3 554 000
Total Assets	9 921 000	7 909 000	5 992 000	5 224 000
Total Equity	5 698 000	3 866 000	2 968 000	2 102 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	195 000	541 000	1 051 000	1 697 000
Creditors	1 076 000	793 000	288 000	484 000
Unpaid Taxes	884 000	698 000	358 000	468 000
Dividends	600 000	1 000 000	800 000	0
Other Current Debt	821 000	691 000	527 000	473 000
Total Current Debt	4 029 000	3 502 000	1 973 000	1 426 000
Total Equity and Debt	9 921 000	7 909 000	5 992 000	5 224 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,68 %	49,09 %	56,13 %	65,65 %
Debt-to-Equity Ratio	0,03	0,14	0,35	0,81
Operating Profit Margin	14,86 %	14,83 %	19,92 %	20 %
Current Ratio	1,77	1,3	1,72	2,49
Quick Ratio	1,77	1,3	1,72	2,49
Equity Ratio	0,57	0,49	0,5	0,4
Gross Profit Margin	88,68 %	86,71 %	96,81 %	100 %