FINSET OUTBOARD AS

3470 SLEMMESTAD

Finances

Share Ownership

Return on Equity

21,35 %

Current Ratio

3,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 834 000	17 805 000	17 440 000	13 368 000
Net Income	2 537 000	2 509 000	2 401 000	1 062 000
Total Assets	15 926 000	13 376 000	9 958 000	6 258 000
Total Equity	11 884 000	9 347 000	6 839 000	4 438 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 834 000	17 805 000	17 440 000	13 368 000
Expenditure	16 590 000	14 587 000	14 357 000	12 005 000
Operating Profit	3 244 000	3 218 000	3 084 000	1 363 000
Financial Income	20 000	0	1 000	1 000
Financial Costs	2 000	2 000	2 000	2 000
Financial Balance	18 000	−2 000	−1 000	−1 000
Earnings Before Tax	3 261 000	3 216 000	3 083 000	1 362 000
Tax	725 000	708 000	682 000	300 000
Net Income	2 537 000	2 509 000	2 401 000	1 062 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 471 000	1 864 000	535 000	411 000
Total Current Assets	14 455 000	11 512 000	9 423 000	5 847 000
Total Assets	15 926 000	13 376 000	9 958 000	6 258 000
Total Retained Equity	11 854 000	9 317 000	6 809 000	4 408 000
Total Equity	11 884 000	9 347 000	6 839 000	4 438 000
Total Long-Term Debt	31 000	45 000	0	0
Total Current Debt	4 012 000	3 984 000	3 119 000	1 820 000
Total Equity and Debt	15 926 000	13 376 000	9 958 000	6 258 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 834 000	17 805 000	17 440 000	13 368 000
Other Income	0	0	0	0
Revenue	19 834 000	17 805 000	17 440 000	13 368 000
Cost of Goods Sold	9 007 000	8 852 000	10 209 000	8 549 000
Salary Costs	4 181 000	3 155 000	2 329 000	2 223 000
Depreciation	451 000	238 000	160 000	107 000
Impairment	0	0	0	0
Expenditure	16 590 000	14 587 000	14 357 000	12 005 000
Operating Profit	3 244 000	3 218 000	3 084 000	1 363 000
Financial Income	20 000	0	1 000	1 000
Financial Costs	2 000	2 000	2 000	2 000
Financial Balance	18 000	−2 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	2 537 000	2 509 000	2 401 000	1 062 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	6 000	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	13 000	34 000	0	0
Fixtures	122 000	92 000	514 000	396 000
Total Tangible Assets	1 456 000	1 850 000	514 000	396 000
Total Fiancial Fixed Assets	15 000	15 000	15 000	15 000
Total Fixed Assets	1 471 000	1 864 000	535 000	411 000
Stock	5 137 000	4 769 000	4 744 000	3 102 000
Total Investments	0	0	0	0
Cash, Bank	8 078 000	5 801 000	3 998 000	1 990 000
Total Current Assets	14 455 000	11 512 000	9 423 000	5 847 000
Total Assets	15 926 000	13 376 000	9 958 000	6 258 000
Total Equity	11 884 000	9 347 000	6 839 000	4 438 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	31 000	45 000	0	0
Creditors	402 000	1 256 000	937 000	10 000
Unpaid Taxes	1 129 000	702 000	369 000	407 000
Dividends	0	0	0	0
Other Current Debt	1 742 000	1 370 000	1 126 000	1 102 000
Total Current Debt	4 012 000	3 984 000	3 119 000	1 820 000
Total Equity and Debt	15 926 000	13 376 000	9 958 000	6 258 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,35 %	26,84 %	35,11 %	23,93 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,36 %	18,07 %	17,68 %	10,2 %
Current Ratio	3,6	2,89	3,02	3,21
Quick Ratio	−12,85	−14,66	−5,8	−4,56
Equity Ratio	0,75	0,7	0,69	0,71
Gross Profit Margin	54,59 %	50,28 %	41,46 %	36,05 %