FORTUNA TREVAREFABRIKK AS

3270 LARVIK

Finances

Share Ownership

Return on Equity

9,17 %

Current Ratio

3,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 574 000	9 190 000	8 497 000	7 402 000
Net Income	447 000	1 016 000	829 000	478 000
Total Assets	6 568 000	7 335 000	6 561 000	5 246 000
Total Equity	4 877 000	4 430 000	4 414 000	3 585 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 574 000	9 190 000	8 497 000	7 402 000
Expenditure	7 996 000	7 891 000	7 428 000	6 796 000
Operating Profit	575 000	1 299 000	1 070 000	607 000
Financial Income	0	3 000	2 000	7 000
Financial Costs	0	0	9 000	1 000
Financial Balance	0	3 000	−7 000	6 000
Earnings Before Tax	575 000	1 302 000	1 062 000	613 000
Tax	128 000	286 000	234 000	135 000
Net Income	447 000	1 016 000	829 000	478 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	231 000	264 000	303 000	187 000
Total Current Assets	6 337 000	7 072 000	6 258 000	5 059 000
Total Assets	6 568 000	7 335 000	6 561 000	5 246 000
Total Retained Equity	4 777 000	4 330 000	4 314 000	3 485 000
Total Equity	4 877 000	4 430 000	4 414 000	3 585 000
Total Long-Term Debt	0	12 000	43 000	58 000
Total Current Debt	1 692 000	2 894 000	2 104 000	1 603 000
Total Equity and Debt	6 568 000	7 335 000	6 561 000	5 246 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 406 000	9 190 000	8 497 000	7 402 000
Other Income	168 000	0	0	0
Revenue	8 574 000	9 190 000	8 497 000	7 402 000
Cost of Goods Sold	1 767 000	1 851 000	1 865 000	1 783 000
Salary Costs	5 084 000	5 149 000	4 739 000	4 226 000
Depreciation	33 000	40 000	29 000	26 000
Impairment	0	0	0	0
Expenditure	7 996 000	7 891 000	7 428 000	6 796 000
Operating Profit	575 000	1 299 000	1 070 000	607 000
Financial Income	0	3 000	2 000	7 000
Financial Costs	0	0	9 000	1 000
Financial Balance	0	3 000	−7 000	6 000
Dividends	0	1 000 000	0	0
Net Income	447 000	1 016 000	829 000	478 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	149 000	153 000	156 000	160 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	82 000	111 000	147 000	26 000
Total Tangible Assets	231 000	264 000	303 000	187 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	231 000	264 000	303 000	187 000
Stock	619 000	561 000	606 000	518 000
Total Investments	0	0	0	0
Cash, Bank	5 152 000	5 243 000	4 019 000	3 243 000
Total Current Assets	6 337 000	7 072 000	6 258 000	5 059 000
Total Assets	6 568 000	7 335 000	6 561 000	5 246 000
Total Equity	4 877 000	4 430 000	4 414 000	3 585 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	12 000	43 000	58 000
Creditors	294 000	208 000	461 000	244 000
Unpaid Taxes	551 000	728 000	733 000	605 000
Dividends	0	1 000 000	0	0
Other Current Debt	707 000	640 000	662 000	597 000
Total Current Debt	1 692 000	2 894 000	2 104 000	1 603 000
Total Equity and Debt	6 568 000	7 335 000	6 561 000	5 246 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,17 %	22,93 %	18,78 %	13,33 %
Debt-to-Equity Ratio	0	0	0,01	0,02
Operating Profit Margin	6,71 %	14,13 %	12,59 %	8,2 %
Current Ratio	3,75	2,44	2,97	3,16
Quick Ratio	5,91	3,03	4,18	4,66
Equity Ratio	0,74	0,6	0,67	0,68
Gross Profit Margin	79,39 %	79,86 %	78,05 %	75,91 %