FJETLAND PALLEFABRIKK AS

5583 VIKEDAL

Finances

Share Ownership

Return on Equity

25,03 %

Current Ratio

Debt-to-Equity Ratio

1,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 229 000	7 195 000	6 643 000	6 921 000
Net Income	682 000	34 000	123 000	136 000
Total Assets	7 067 000	7 110 000	6 380 000	6 333 000
Total Equity	2 725 000	2 043 000	2 008 000	1 886 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 229 000	7 195 000	6 643 000	6 921 000
Expenditure	8 135 000	6 764 000	6 044 000	6 559 000
Operating Profit	1 052 000	208 000	353 000	362 000
Financial Income	13 000	2 000	0	1 000
Financial Costs	190 000	166 000	196 000	189 000
Financial Balance	−177 000	−164 000	−196 000	−188 000
Earnings Before Tax	875 000	44 000	157 000	175 000
Tax	193 000	10 000	35 000	38 000
Net Income	682 000	34 000	123 000	136 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 742 000	3 225 000	3 754 000	3 639 000
Total Current Assets	4 325 000	3 885 000	2 626 000	2 694 000
Total Assets	7 067 000	7 110 000	6 380 000	6 333 000
Total Retained Equity	2 572 000	1 890 000	1 855 000	1 733 000
Total Equity	2 725 000	2 043 000	2 008 000	1 886 000
Total Long-Term Debt	3 477 000	3 703 000	3 968 000	4 151 000
Total Current Debt	865 000	1 364 000	404 000	297 000
Total Equity and Debt	7 067 000	7 110 000	6 380 000	6 333 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 229 000	7 195 000	6 643 000	6 919 000
Other Income	0	0	0	3 000
Revenue	9 229 000	7 195 000	6 643 000	6 921 000
Cost of Goods Sold	7 107 000	5 692 000	5 003 000	5 719 000
Salary Costs	2 000	3 000	2 000	2 000
Depreciation	532 000	531 000	456 000	215 000
Impairment	0	0	0	0
Expenditure	8 135 000	6 764 000	6 044 000	6 559 000
Operating Profit	1 052 000	208 000	353 000	362 000
Financial Income	13 000	2 000	0	1 000
Financial Costs	190 000	166 000	196 000	189 000
Financial Balance	−177 000	−164 000	−196 000	−188 000
Dividends	0	0	0	0
Net Income	682 000	34 000	123 000	136 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	51 000	2 000	0	0
Real Eastate	1 879 000	2 022 000	2 166 000	2 309 000
Machinery and Plant Facilities	803 000	1 187 000	1 571 000	1 321 000
Fixtures	9 000	13 000	17 000	9 000
Total Tangible Assets	2 691 000	3 223 000	3 754 000	3 639 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 742 000	3 225 000	3 754 000	3 639 000
Stock	2 113 000	2 572 000	1 269 000	1 576 000
Total Investments	0	0	0	0
Cash, Bank	849 000	0	514 000	485 000
Total Current Assets	4 325 000	3 885 000	2 626 000	2 694 000
Total Assets	7 067 000	7 110 000	6 380 000	6 333 000
Total Equity	2 725 000	2 043 000	2 008 000	1 886 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 477 000	3 703 000	3 968 000	4 151 000
Creditors	257 000	815 000	276 000	269 000
Unpaid Taxes	328 000	37 000	21 000	0
Dividends	0	0	0	0
Other Current Debt	39 000	32 000	97 000	28 000
Total Current Debt	865 000	1 364 000	404 000	297 000
Total Equity and Debt	7 067 000	7 110 000	6 380 000	6 333 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,03 %	1,66 %	6,13 %	7,21 %
Debt-to-Equity Ratio	1,28	1,81	1,98	2,2
Operating Profit Margin	11,4 %	2,89 %	5,31 %	5,23 %
Current Ratio	5	2,85	6,5	9,07
Quick Ratio	−3,47	−3,22	−3,04	−2,11
Equity Ratio	0,39	0,29	0,31	0,3
Gross Profit Margin	22,99 %	20,89 %	24,69 %	17,37 %