FURNES AUTO AS

2320 FURNES

Finances

Share Ownership

Return on Equity

56,6 %

Current Ratio

1,55

Debt-to-Equity Ratio

0,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 028 000	3 583 000	1 731 000	1 612 000
Net Income	373 000	84 000	−165 000	−210 000
Total Assets	1 529 000	842 000	885 000	771 000
Total Equity	659 000	286 000	202 000	367 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 028 000	3 583 000	1 731 000	1 612 000
Expenditure	3 615 000	3 489 000	1 883 000	1 810 000
Operating Profit	413 000	94 000	−152 000	−198 000
Financial Income	1 000	0	0	1 000
Financial Costs	24 000	30 000	13 000	13 000
Financial Balance	−23 000	−30 000	−13 000	−12 000
Earnings Before Tax	389 000	65 000	−165 000	−210 000
Tax	16 000	−19 000	0	0
Net Income	373 000	84 000	−165 000	−210 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	752 000	746 000	700 000	704 000
Total Current Assets	778 000	96 000	185 000	67 000
Total Assets	1 529 000	842 000	885 000	771 000
Total Retained Equity	559 000	186 000	102 000	267 000
Total Equity	659 000	286 000	202 000	367 000
Total Long-Term Debt	368 000	172 000	210 000	125 000
Total Current Debt	503 000	384 000	473 000	280 000
Total Equity and Debt	1 529 000	842 000	885 000	771 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 890 000	3 581 000	1 731 000	1 612 000
Other Income	138 000	3 000	0	0
Revenue	4 028 000	3 583 000	1 731 000	1 612 000
Cost of Goods Sold	1 225 000	1 318 000	706 000	558 000
Salary Costs	1 621 000	1 544 000	564 000	861 000
Depreciation	114 000	31 000	34 000	34 000
Impairment	0	0	0	0
Expenditure	3 615 000	3 489 000	1 883 000	1 810 000
Operating Profit	413 000	94 000	−152 000	−198 000
Financial Income	1 000	0	0	1 000
Financial Costs	24 000	30 000	13 000	13 000
Financial Balance	−23 000	−30 000	−13 000	−12 000
Dividends	0	0	0	0
Net Income	373 000	84 000	−165 000	−210 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	626 000	646 000	670 000	704 000
Machinery and Plant Facilities	87 000	53 000	30 000	0
Fixtures	0	0	0	0
Total Tangible Assets	712 000	699 000	700 000	704 000
Total Fiancial Fixed Assets	39 000	46 000	0	0
Total Fixed Assets	752 000	746 000	700 000	704 000
Stock	0	61 000	18 000	38 000
Total Investments	0	0	0	0
Cash, Bank	73 000	−32 000	147 000	28 000
Total Current Assets	778 000	96 000	185 000	67 000
Total Assets	1 529 000	842 000	885 000	771 000
Total Equity	659 000	286 000	202 000	367 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	368 000	172 000	210 000	125 000
Creditors	166 000	88 000	260 000	20 000
Unpaid Taxes	108 000	115 000	53 000	65 000
Dividends	0	0	0	0
Other Current Debt	213 000	181 000	160 000	195 000
Total Current Debt	503 000	384 000	473 000	280 000
Total Equity and Debt	1 529 000	842 000	885 000	771 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,6 %	29,37 %	−81,68 %	−57,22 %
Debt-to-Equity Ratio	0,56	0,6	1,04	0,34
Operating Profit Margin	10,25 %	2,62 %	−8,78 %	−12,28 %
Current Ratio	1,55	0,25	0,39	0,24
Quick Ratio	1,55	0,3	0,41	0,28
Equity Ratio	0,43	0,34	0,23	0,48
Gross Profit Margin	69,59 %	63,22 %	59,21 %	65,38 %