FAG-ELEKTRIKEREN AS

5184 OLSVIK

Finances

Share Ownership

Return on Equity

7,43 %

Current Ratio

1,75

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 740 000	43 722 000	38 444 000	40 707 000
Net Income	498 000	1 373 000	972 000	1 911 000
Total Assets	15 539 000	15 962 000	15 846 000	14 493 000
Total Equity	6 707 000	6 810 000	6 036 000	5 665 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 740 000	43 722 000	38 444 000	40 707 000
Expenditure	40 136 000	41 944 000	37 179 000	38 239 000
Operating Profit	605 000	1 777 000	1 264 000	2 468 000
Financial Income	41 000	38 000	6 000	7 000
Financial Costs	6 000	42 000	24 000	19 000
Financial Balance	35 000	−4 000	−18 000	−12 000
Earnings Before Tax	639 000	1 774 000	1 246 000	2 456 000
Tax	142 000	400 000	274 000	545 000
Net Income	498 000	1 373 000	972 000	1 911 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	391 000	279 000	421 000	565 000
Total Current Assets	15 148 000	15 683 000	15 425 000	13 928 000
Total Assets	15 539 000	15 962 000	15 846 000	14 493 000
Total Retained Equity	6 607 000	6 710 000	5 936 000	5 565 000
Total Equity	6 707 000	6 810 000	6 036 000	5 665 000
Total Long-Term Debt	194 000	250 000	31 000	15 000
Total Current Debt	8 637 000	8 902 000	9 778 000	8 813 000
Total Equity and Debt	15 539 000	15 962 000	15 846 000	14 493 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 740 000	43 722 000	38 444 000	40 849 000
Other Income	0	0	0	−142 000
Revenue	40 740 000	43 722 000	38 444 000	40 707 000
Cost of Goods Sold	17 856 000	19 159 000	16 234 000	17 066 000
Salary Costs	16 958 000	18 149 000	16 312 000	16 463 000
Depreciation	116 000	113 000	121 000	141 000
Impairment	0	0	0	0
Expenditure	40 136 000	41 944 000	37 179 000	38 239 000
Operating Profit	605 000	1 777 000	1 264 000	2 468 000
Financial Income	41 000	38 000	6 000	7 000
Financial Costs	6 000	42 000	24 000	19 000
Financial Balance	35 000	−4 000	−18 000	−12 000
Dividends	600 000	600 000	600 000	1 200 000
Net Income	498 000	1 373 000	972 000	1 911 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	52 000	70 000	45 000	0
Machinery and Plant Facilities	0	0	11 000	17 000
Fixtures	189 000	158 000	242 000	351 000
Total Tangible Assets	241 000	228 000	298 000	369 000
Total Fiancial Fixed Assets	150 000	51 000	124 000	197 000
Total Fixed Assets	391 000	279 000	421 000	565 000
Stock	1 696 000	1 800 000	581 000	608 000
Total Investments	0	0	0	0
Cash, Bank	3 226 000	3 792 000	3 478 000	3 652 000
Total Current Assets	15 148 000	15 683 000	15 425 000	13 928 000
Total Assets	15 539 000	15 962 000	15 846 000	14 493 000
Total Equity	6 707 000	6 810 000	6 036 000	5 665 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	194 000	250 000	31 000	15 000
Creditors	1 951 000	2 450 000	2 639 000	2 505 000
Unpaid Taxes	2 811 000	3 428 000	3 926 000	3 159 000
Dividends	600 000	600 000	600 000	1 200 000
Other Current Debt	3 079 000	2 243 000	2 355 000	1 410 000
Total Current Debt	8 637 000	8 902 000	9 778 000	8 813 000
Total Equity and Debt	15 539 000	15 962 000	15 846 000	14 493 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,43 %	20,16 %	16,1 %	33,73 %
Debt-to-Equity Ratio	0,03	0,04	0,01	0
Operating Profit Margin	1,49 %	4,06 %	3,29 %	6,06 %
Current Ratio	1,75	1,76	1,58	1,58
Quick Ratio	2,18	2,21	1,68	1,7
Equity Ratio	0,43	0,43	0,38	0,39
Gross Profit Margin	56,17 %	56,18 %	57,77 %	58,08 %