FINNSNES LAVPRIS AS

9300 FINNSNES

Finances

Share Ownership

Return on Equity

−15,06 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	43 056 000	44 778 000	43 142 000	38 490 000
Net Income	−105 000	742 000	722 000	161 000
Total Assets	11 263 000	10 560 000	9 625 000	7 957 000
Total Equity	697 000	803 000	756 000	201 000

Income (NOK)	2022	2021	2020	2019
Revenue	43 056 000	44 778 000	43 142 000	38 490 000
Expenditure	43 074 000	43 720 000	42 030 000	38 056 000
Operating Profit	−18 000	1 059 000	1 112 000	434 000
Financial Income	1 000	0	0	0
Financial Costs	116 000	104 000	185 000	226 000
Financial Balance	−115 000	−104 000	−185 000	−226 000
Earnings Before Tax	−132 000	955 000	928 000	209 000
Tax	−27 000	213 000	206 000	48 000
Net Income	−105 000	742 000	722 000	161 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	584 000	484 000	728 000	1 064 000
Total Current Assets	10 679 000	10 076 000	8 897 000	6 893 000
Total Assets	11 263 000	10 560 000	9 625 000	7 957 000
Total Retained Equity	−59 000	47 000	0	−555 000
Total Equity	697 000	803 000	756 000	201 000
Total Long-Term Debt	0	0	183 000	383 000
Total Current Debt	10 566 000	9 757 000	8 685 000	7 373 000
Total Equity and Debt	11 263 000	10 560 000	9 625 000	7 957 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	43 056 000	44 778 000	43 142 000	38 490 000
Other Income	0	0	0	0
Revenue	43 056 000	44 778 000	43 142 000	38 490 000
Cost of Goods Sold	31 340 000	32 081 000	30 864 000	27 735 000
Salary Costs	3 885 000	3 498 000	3 170 000	2 878 000
Depreciation	220 000	247 000	390 000	481 000
Impairment	0	0	0	0
Expenditure	43 074 000	43 720 000	42 030 000	38 056 000
Operating Profit	−18 000	1 059 000	1 112 000	434 000
Financial Income	1 000	0	0	0
Financial Costs	116 000	104 000	185 000	226 000
Financial Balance	−115 000	−104 000	−185 000	−226 000
Dividends	0	0	0	0
Net Income	−105 000	742 000	722 000	161 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	240 000	214 000	230 000	210 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	344 000	270 000	498 000	854 000
Total Tangible Assets	344 000	270 000	498 000	854 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	584 000	484 000	728 000	1 064 000
Stock	5 661 000	5 677 000	5 229 000	5 096 000
Total Investments	0	0	0	0
Cash, Bank	3 115 000	2 618 000	2 038 000	319 000
Total Current Assets	10 679 000	10 076 000	8 897 000	6 893 000
Total Assets	11 263 000	10 560 000	9 625 000	7 957 000
Total Equity	697 000	803 000	756 000	201 000
Short-Term Group Debt	1 222 000	1 222 000	493 000	280 000
Total Long-Term Debt	0	0	183 000	383 000
Creditors	6 500 000	6 915 000	6 527 000	5 866 000
Unpaid Taxes	711 000	624 000	701 000	632 000
Dividends	0	0	0	0
Other Current Debt	2 134 000	997 000	786 000	531 000
Total Current Debt	10 566 000	9 757 000	8 685 000	7 373 000
Total Equity and Debt	11 263 000	10 560 000	9 625 000	7 957 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,06 %	92,4 %	95,5 %	80,1 %
Debt-to-Equity Ratio	0	0	0,24	1,91
Operating Profit Margin	−0,04 %	2,37 %	2,58 %	1,13 %
Current Ratio	1,01	1,03	1,02	0,93
Quick Ratio	2,18	2,47	2,57	3,03
Equity Ratio	0,06	0,08	0,08	0,03
Gross Profit Margin	27,21 %	28,36 %	28,46 %	27,94 %