AS Formvac

6218 HELLESYLT

Finances

Share Ownership

Return on Equity

0,36 %

Current Ratio

1,27

Debt-to-Equity Ratio

0,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 823 000	12 648 000	12 186 000	14 647 000
Net Income	6 000	417 000	−124 000	273 000
Total Assets	6 598 000	6 787 000	5 714 000	6 138 000
Total Equity	1 663 000	1 656 000	1 239 000	1 363 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 823 000	12 648 000	12 186 000	14 647 000
Expenditure	15 738 000	12 142 000	12 174 000	14 179 000
Operating Profit	84 000	506 000	13 000	468 000
Financial Income	109 000	53 000	36 000	9 000
Financial Costs	213 000	136 000	172 000	182 000
Financial Balance	−104 000	−83 000	−136 000	−173 000
Earnings Before Tax	−20 000	424 000	−124 000	295 000
Tax	−26 000	7 000	0	22 000
Net Income	6 000	417 000	−124 000	273 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 106 000	2 478 000	2 400 000	2 681 000
Total Current Assets	4 492 000	4 310 000	3 314 000	3 458 000
Total Assets	6 598 000	6 787 000	5 714 000	6 138 000
Total Retained Equity	1 063 000	1 056 000	639 000	763 000
Total Equity	1 663 000	1 656 000	1 239 000	1 363 000
Total Long-Term Debt	1 387 000	2 026 000	2 244 000	2 584 000
Total Current Debt	3 548 000	3 105 000	2 230 000	2 191 000
Total Equity and Debt	6 598 000	6 787 000	5 714 000	6 138 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 823 000	12 648 000	12 167 000	14 344 000
Other Income	0	0	19 000	303 000
Revenue	15 823 000	12 648 000	12 186 000	14 647 000
Cost of Goods Sold	5 455 000	3 860 000	3 640 000	4 588 000
Salary Costs	7 578 000	5 990 000	5 853 000	6 513 000
Depreciation	398 000	388 000	342 000	375 000
Impairment	0	0	0	0
Expenditure	15 738 000	12 142 000	12 174 000	14 179 000
Operating Profit	84 000	506 000	13 000	468 000
Financial Income	109 000	53 000	36 000	9 000
Financial Costs	213 000	136 000	172 000	182 000
Financial Balance	−104 000	−83 000	−136 000	−173 000
Dividends	0	0	0	0
Net Income	6 000	417 000	−124 000	273 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	223 000	197 000	203 000	203 000
Real Eastate	1 329 000	1 447 000	1 565 000	1 682 000
Machinery and Plant Facilities	11 000	42 000	72 000	71 000
Fixtures	543 000	792 000	559 000	724 000
Total Tangible Assets	1 883 000	2 281 000	2 196 000	2 477 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 106 000	2 478 000	2 400 000	2 681 000
Stock	1 827 000	2 290 000	1 726 000	1 472 000
Total Investments	0	0	0	0
Cash, Bank	643 000	282 000	268 000	252 000
Total Current Assets	4 492 000	4 310 000	3 314 000	3 458 000
Total Assets	6 598 000	6 787 000	5 714 000	6 138 000
Total Equity	1 663 000	1 656 000	1 239 000	1 363 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 387 000	2 026 000	2 244 000	2 584 000
Creditors	1 030 000	1 021 000	671 000	650 000
Unpaid Taxes	1 072 000	744 000	837 000	828 000
Dividends	0	0	0	0
Other Current Debt	866 000	740 000	639 000	660 000
Total Current Debt	3 548 000	3 105 000	2 230 000	2 191 000
Total Equity and Debt	6 598 000	6 787 000	5 714 000	6 138 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,36 %	25,18 %	−10,01 %	20,03 %
Debt-to-Equity Ratio	0,83	1,22	1,81	1,9
Operating Profit Margin	0,53 %	4 %	0,11 %	3,2 %
Current Ratio	1,27	1,39	1,49	1,58
Quick Ratio	2,61	5,29	6,58	4,81
Equity Ratio	0,25	0,24	0,22	0,22
Gross Profit Margin	65,52 %	69,48 %	70,13 %	68,68 %