FURNES MASKIN LIMITED NUF

2320 FURNES

Finances

Share Ownership

Return on Equity

31,91 %

Current Ratio

1,05

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	835 000	710 000	944 000	1 435 000
Net Income	15 000	11 000	11 000	−12 000
Total Assets	968 000	228 000	281 000	187 000
Total Equity	47 000	43 000	32 000	20 000

Income (NOK)	2022	2021	2020	2019
Revenue	835 000	710 000	944 000	1 435 000
Expenditure	816 000	706 000	940 000	1 437 000
Operating Profit	19 000	4 000	3 000	−5 000
Financial Income	2 000	0	0	0
Financial Costs	6 000	0	3 000	7 000
Financial Balance	−4 000	0	−3 000	−7 000
Earnings Before Tax	15 000	4 000	0	−12 000
Tax	0	−8 000	−11 000	0
Net Income	15 000	11 000	11 000	−12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	−73 000	−83 000	−336 000
Total Current Assets	968 000	301 000	364 000	524 000
Total Assets	968 000	228 000	281 000	187 000
Total Retained Equity	47 000	43 000	32 000	20 000
Total Equity	47 000	43 000	32 000	20 000
Total Long-Term Debt	1 000	−1 000	−1 000	−1 000
Total Current Debt	920 000	186 000	251 000	168 000
Total Equity and Debt	968 000	228 000	281 000	187 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	835 000	710 000	944 000	1 435 000
Other Income	0	0	0	0
Revenue	835 000	710 000	944 000	1 435 000
Cost of Goods Sold	191 000	337 000	463 000	759 000
Salary Costs	305 000	216 000	308 000	543 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	816 000	706 000	940 000	1 437 000
Operating Profit	19 000	4 000	3 000	−5 000
Financial Income	2 000	0	0	0
Financial Costs	6 000	0	3 000	7 000
Financial Balance	−4 000	0	−3 000	−7 000
Dividends	0	0	0	0
Net Income	15 000	11 000	11 000	−12 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	−30 000	−30 000
Machinery and Plant Facilities	0	−23 000	8 000	8 000
Fixtures	0	0	0	0
Total Tangible Assets	0	−23 000	−23 000	−23 000
Total Fiancial Fixed Assets	0	−51 000	−60 000	−314 000
Total Fixed Assets	0	−73 000	−83 000	−336 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	859 000	121 000	142 000	355 000
Total Current Assets	968 000	301 000	364 000	524 000
Total Assets	968 000	228 000	281 000	187 000
Total Equity	47 000	43 000	32 000	20 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	−1 000	−1 000	−1 000
Creditors	578 000	91 000	132 000	53 000
Unpaid Taxes	0	30 000	−6 000	106 000
Dividends	0	0	0	0
Other Current Debt	337 000	65 000	125 000	0
Total Current Debt	920 000	186 000	251 000	168 000
Total Equity and Debt	968 000	228 000	281 000	187 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,91 %	25,58 %	34,38 %	−60 %
Debt-to-Equity Ratio	0,02	−0,02	−0,03	−0,05
Operating Profit Margin	2,28 %	0,56 %	0,32 %	−0,35 %
Current Ratio	1,05	1,62	1,45	3,12
Quick Ratio	1,05	1,62	1,45	3,12
Equity Ratio	0,05	0,19	0,11	0,11
Gross Profit Margin	77,13 %	52,54 %	50,95 %	47,11 %