FORSIKRING1 AS

8890 LEIRFJORD

Finances

Return on Equity

163,11 %

Current Ratio

1,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 097 000	7 423 000	6 551 000	7 053 000
Net Income	995 000	1 051 000	−208 000	1 302 000
Total Assets	2 618 000	2 377 000	1 805 000	2 586 000
Total Equity	610 000	615 000	364 000	1 072 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 097 000	7 423 000	6 551 000	7 053 000
Expenditure	5 816 000	6 082 000	6 465 000	5 314 000
Operating Profit	1 280 000	1 342 000	86 000	1 739 000
Financial Income	4 000	2 000	2 000	2 000
Financial Costs	0	0	51 000	3 000
Financial Balance	4 000	2 000	−49 000	−1 000
Earnings Before Tax	1 284 000	1 343 000	37 000	1 739 000
Tax	289 000	292 000	245 000	437 000
Net Income	995 000	1 051 000	−208 000	1 302 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 000	58 000	60 000	1 113 000
Total Current Assets	2 578 000	2 319 000	1 745 000	1 473 000
Total Assets	2 618 000	2 377 000	1 805 000	2 586 000
Total Retained Equity	579 000	584 000	333 000	1 040 000
Total Equity	610 000	615 000	364 000	1 072 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 008 000	1 762 000	1 441 000	1 514 000
Total Equity and Debt	2 618 000	2 377 000	1 805 000	2 586 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	1 028 000	1 782 000	24 000
Other Income	7 097 000	6 395 000	4 768 000	7 029 000
Revenue	7 097 000	7 423 000	6 551 000	7 053 000
Cost of Goods Sold	565 000	735 000	27 000	180 000
Salary Costs	4 734 000	4 614 000	4 694 000	4 246 000
Depreciation	18 000	18 000	1 126 000	278 000
Impairment	0	0	0	0
Expenditure	5 816 000	6 082 000	6 465 000	5 314 000
Operating Profit	1 280 000	1 342 000	86 000	1 739 000
Financial Income	4 000	2 000	2 000	2 000
Financial Costs	0	0	51 000	3 000
Financial Balance	4 000	2 000	−49 000	−1 000
Dividends	1 000 000	800 000	500 000	500 000
Net Income	995 000	1 051 000	−208 000	1 302 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	1 113 000
Total Intangible Assets	0	0	0	1 113 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	40 000	58 000	60 000	0
Total Tangible Assets	40 000	58 000	60 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	40 000	58 000	60 000	1 113 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 722 000	1 630 000	1 403 000	666 000
Total Current Assets	2 578 000	2 319 000	1 745 000	1 473 000
Total Assets	2 618 000	2 377 000	1 805 000	2 586 000
Total Equity	610 000	615 000	364 000	1 072 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	11 000	26 000	4 000	9 000
Unpaid Taxes	348 000	304 000	367 000	256 000
Dividends	1 000 000	800 000	500 000	500 000
Other Current Debt	360 000	439 000	325 000	312 000
Total Current Debt	2 008 000	1 762 000	1 441 000	1 514 000
Total Equity and Debt	2 618 000	2 377 000	1 805 000	2 586 000

Financial indicators	2022	2021	2020	2019
Return on Equity	163,11 %	170,89 %	−57,14 %	121,46 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,04 %	18,08 %	1,31 %	24,66 %
Current Ratio	1,28	1,32	1,21	0,97
Quick Ratio	1,28	1,32	1,21	0,97
Equity Ratio	0,23	0,26	0,2	0,41
Gross Profit Margin	92,04 %	90,1 %	99,59 %	97,45 %