FORENEDE INDUSTRIER AS (FORINA)

0150 OSLO

Finances

Return on Equity

13,05 %

Current Ratio

0,81

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 583 000	1 984 000	2 402 000	2 297 000
Net Income	1 320 000	458 000	277 000	−1 420 000
Total Assets	12 548 000	10 889 000	8 548 000	8 216 000
Total Equity	10 117 000	9 660 000	7 169 000	6 892 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 583 000	1 984 000	2 402 000	2 297 000
Expenditure	1 000 000	1 383 000	2 076 000	4 261 000
Operating Profit	1 584 000	601 000	325 000	−1 964 000
Financial Income	109 000	2 000	30 000	180 000
Financial Costs	0	0	0	0
Financial Balance	109 000	2 000	30 000	180 000
Earnings Before Tax	1 692 000	602 000	355 000	−1 784 000
Tax	372 000	144 000	78 000	−364 000
Net Income	1 320 000	458 000	277 000	−1 420 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 791 000	3 408 000	4 161 000	7 276 000
Total Current Assets	1 757 000	7 480 000	4 387 000	940 000
Total Assets	12 548 000	10 889 000	8 548 000	8 216 000
Total Retained Equity	5 866 000	5 408 000	5 083 000	4 806 000
Total Equity	10 117 000	9 660 000	7 169 000	6 892 000
Total Long-Term Debt	274 000	788 000	330 000	329 000
Total Current Debt	2 157 000	441 000	1 049 000	995 000
Total Equity and Debt	12 548 000	10 889 000	8 548 000	8 216 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 583 000	1 984 000	2 402 000	2 297 000
Other Income	0	0	0	0
Revenue	2 583 000	1 984 000	2 402 000	2 297 000
Cost of Goods Sold	0	0	0	0
Salary Costs	−20 000	18 000	27 000	21 000
Depreciation	34 000	35 000	37 000	74 000
Impairment	0	0	0	0
Expenditure	1 000 000	1 383 000	2 076 000	4 261 000
Operating Profit	1 584 000	601 000	325 000	−1 964 000
Financial Income	109 000	2 000	30 000	180 000
Financial Costs	0	0	0	0
Financial Balance	109 000	2 000	30 000	180 000
Dividends	0	0	0	0
Net Income	1 320 000	458 000	277 000	−1 420 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	43 000	52 000	769 000	847 000
Real Eastate	842 000	876 000	911 000	948 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	842 000	876 000	911 000	948 000
Total Fiancial Fixed Assets	9 906 000	2 480 000	2 480 000	5 480 000
Total Fixed Assets	10 791 000	3 408 000	4 161 000	7 276 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	467 000	4 299 000	3 811 000	718 000
Total Current Assets	1 757 000	7 480 000	4 387 000	940 000
Total Assets	12 548 000	10 889 000	8 548 000	8 216 000
Total Equity	10 117 000	9 660 000	7 169 000	6 892 000
Short-Term Group Debt	1 651 000	171 000	499 000	571 000
Total Long-Term Debt	274 000	788 000	330 000	329 000
Creditors	410 000	175 000	132 000	256 000
Unpaid Taxes	36 000	37 000	25 000	0
Dividends	0	0	0	0
Other Current Debt	59 000	57 000	392 000	168 000
Total Current Debt	2 157 000	441 000	1 049 000	995 000
Total Equity and Debt	12 548 000	10 889 000	8 548 000	8 216 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,05 %	4,74 %	3,86 %	−20,6 %
Debt-to-Equity Ratio	0,03	0,08	0,05	0,05
Operating Profit Margin	61,32 %	30,29 %	13,53 %	−85,5 %
Current Ratio	0,81	16,96	4,18	0,94
Quick Ratio	0,81	16,96	4,18	0,94
Equity Ratio	0,81	0,89	0,84	0,84
Gross Profit Margin	100 %	100 %	100 %	100 %