FORDRE AS

3734 SKIEN

Finances

Share Ownership

Return on Equity

22,12 %

Current Ratio

3,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 351 000	2 856 000	2 407 000	2 785 000
Net Income	302 000	279 000	−35 000	134 000
Total Assets	1 978 000	1 575 000	1 390 000	1 472 000
Total Equity	1 365 000	1 063 000	784 000	819 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 351 000	2 856 000	2 407 000	2 785 000
Expenditure	3 025 000	2 544 000	2 485 000	2 649 000
Operating Profit	326 000	313 000	−78 000	137 000
Financial Income	61 000	45 000	35 000	35 000
Financial Costs	0	0	2 000	0
Financial Balance	61 000	45 000	33 000	35 000
Earnings Before Tax	387 000	358 000	−44 000	172 000
Tax	85 000	79 000	−10 000	38 000
Net Income	302 000	279 000	−35 000	134 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	14 000	4 000
Total Current Assets	1 978 000	1 575 000	1 376 000	1 468 000
Total Assets	1 978 000	1 575 000	1 390 000	1 472 000
Total Retained Equity	340 000	38 000	−241 000	−206 000
Total Equity	1 365 000	1 063 000	784 000	819 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	613 000	512 000	606 000	654 000
Total Equity and Debt	1 978 000	1 575 000	1 390 000	1 472 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 351 000	2 856 000	2 407 000	2 801 000
Other Income	0	0	0	−16 000
Revenue	3 351 000	2 856 000	2 407 000	2 785 000
Cost of Goods Sold	458 000	276 000	260 000	232 000
Salary Costs	1 818 000	1 743 000	1 708 000	1 682 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 025 000	2 544 000	2 485 000	2 649 000
Operating Profit	326 000	313 000	−78 000	137 000
Financial Income	61 000	45 000	35 000	35 000
Financial Costs	0	0	2 000	0
Financial Balance	61 000	45 000	33 000	35 000
Dividends	0	0	0	0
Net Income	302 000	279 000	−35 000	134 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	14 000	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	14 000	4 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 479 000	1 258 000	62 000	830 000
Total Current Assets	1 978 000	1 575 000	1 376 000	1 468 000
Total Assets	1 978 000	1 575 000	1 390 000	1 472 000
Total Equity	1 365 000	1 063 000	784 000	819 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	124 000	95 000	104 000	60 000
Unpaid Taxes	194 000	164 000	153 000	194 000
Dividends	0	0	0	0
Other Current Debt	211 000	188 000	349 000	399 000
Total Current Debt	613 000	512 000	606 000	654 000
Total Equity and Debt	1 978 000	1 575 000	1 390 000	1 472 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,12 %	26,25 %	−4,46 %	16,36 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,73 %	10,96 %	−3,24 %	4,92 %
Current Ratio	3,23	3,08	2,27	2,24
Quick Ratio	3,23	3,08	2,27	2,24
Equity Ratio	0,69	0,67	0,56	0,56
Gross Profit Margin	86,33 %	90,34 %	89,2 %	91,67 %