FØRDE BILSALG AS

6800 FØRDE

Finances

Share Ownership

Return on Equity

17,93 %

Current Ratio

1,15

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	48 350 000	49 468 000	45 731 000	24 194 000
Net Income	213 000	1 060 000	1 057 000	300 000
Total Assets	8 407 000	5 614 000	5 867 000	4 030 000
Total Equity	1 188 000	1 324 000	1 139 000	994 000

Income (NOK)	2022	2021	2020	2019
Revenue	48 350 000	49 468 000	45 731 000	24 194 000
Expenditure	47 769 000	47 911 000	44 217 000	23 695 000
Operating Profit	581 000	1 557 000	1 513 000	498 000
Financial Income	0	0	1 000	3 000
Financial Costs	307 000	198 000	158 000	116 000
Financial Balance	−307 000	−198 000	−157 000	−113 000
Earnings Before Tax	273 000	1 359 000	1 356 000	385 000
Tax	60 000	299 000	298 000	85 000
Net Income	213 000	1 060 000	1 057 000	300 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	392 000	256 000	261 000	156 000
Total Current Assets	8 015 000	5 358 000	5 607 000	3 874 000
Total Assets	8 407 000	5 614 000	5 867 000	4 030 000
Total Retained Equity	1 088 000	1 224 000	1 039 000	894 000
Total Equity	1 188 000	1 324 000	1 139 000	994 000
Total Long-Term Debt	279 000	7 000	255 000	115 000
Total Current Debt	6 940 000	4 282 000	4 473 000	2 921 000
Total Equity and Debt	8 407 000	5 614 000	5 867 000	4 030 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	47 603 000	49 027 000	44 840 000	23 667 000
Other Income	747 000	441 000	890 000	526 000
Revenue	48 350 000	49 468 000	45 731 000	24 194 000
Cost of Goods Sold	41 461 000	42 097 000	38 519 000	18 860 000
Salary Costs	3 801 000	3 520 000	3 245 000	3 071 000
Depreciation	106 000	29 000	49 000	46 000
Impairment	0	0	0	0
Expenditure	47 769 000	47 911 000	44 217 000	23 695 000
Operating Profit	581 000	1 557 000	1 513 000	498 000
Financial Income	0	0	1 000	3 000
Financial Costs	307 000	198 000	158 000	116 000
Financial Balance	−307 000	−198 000	−157 000	−113 000
Dividends	0	0	0	0
Net Income	213 000	1 060 000	1 057 000	300 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	23 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	387 000	251 000	256 000	128 000
Total Tangible Assets	387 000	251 000	256 000	128 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	392 000	256 000	261 000	156 000
Stock	6 691 000	4 190 000	4 556 000	2 904 000
Total Investments	0	0	0	0
Cash, Bank	137 000	97 000	131 000	115 000
Total Current Assets	8 015 000	5 358 000	5 607 000	3 874 000
Total Assets	8 407 000	5 614 000	5 867 000	4 030 000
Total Equity	1 188 000	1 324 000	1 139 000	994 000
Short-Term Group Debt	350 000	900 000	1 000 000	373 000
Total Long-Term Debt	279 000	7 000	255 000	115 000
Creditors	1 402 000	415 000	411 000	349 000
Unpaid Taxes	315 000	307 000	287 000	188 000
Dividends	0	0	0	0
Other Current Debt	690 000	634 000	515 000	550 000
Total Current Debt	6 940 000	4 282 000	4 473 000	2 921 000
Total Equity and Debt	8 407 000	5 614 000	5 867 000	4 030 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,93 %	80,06 %	92,8 %	30,18 %
Debt-to-Equity Ratio	0,23	0,01	0,22	0,12
Operating Profit Margin	1,2 %	3,15 %	3,31 %	2,06 %
Current Ratio	1,15	1,25	1,25	1,33
Quick Ratio	32,19	58,24	−67,55	227,88
Equity Ratio	0,14	0,24	0,19	0,25
Gross Profit Margin	14,25 %	14,9 %	15,77 %	22,05 %