FENESS UR & GULL HORISONT AS

5130 NYBORG

Finances

Share Ownership

Return on Equity

173,19 %

Current Ratio

1,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 987 000	10 233 000	8 782 000	7 419 000
Net Income	1 460 000	1 047 000	966 000	453 000
Total Assets	5 727 000	4 522 000	4 008 000	2 970 000
Total Equity	843 000	783 000	1 136 000	374 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 987 000	10 233 000	8 782 000	7 419 000
Expenditure	10 073 000	8 849 000	7 494 000	6 777 000
Operating Profit	1 914 000	1 383 000	1 287 000	642 000
Financial Income	0	0	0	0
Financial Costs	43 000	41 000	48 000	61 000
Financial Balance	−43 000	−41 000	−48 000	−61 000
Earnings Before Tax	1 872 000	1 343 000	1 239 000	581 000
Tax	412 000	295 000	273 000	128 000
Net Income	1 460 000	1 047 000	966 000	453 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	173 000	61 000	57 000	63 000
Total Current Assets	5 554 000	4 461 000	3 951 000	2 907 000
Total Assets	5 727 000	4 522 000	4 008 000	2 970 000
Total Retained Equity	743 000	683 000	1 036 000	274 000
Total Equity	843 000	783 000	1 136 000	374 000
Total Long-Term Debt	1 000	68 000	325 000	454 000
Total Current Debt	4 884 000	3 671 000	2 547 000	2 142 000
Total Equity and Debt	5 727 000	4 522 000	4 008 000	2 970 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 987 000	10 211 000	8 724 000	7 419 000
Other Income	0	22 000	58 000	0
Revenue	11 987 000	10 233 000	8 782 000	7 419 000
Cost of Goods Sold	5 880 000	4 979 000	4 257 000	3 755 000
Salary Costs	2 043 000	1 755 000	1 698 000	1 513 000
Depreciation	39 000	29 000	23 000	21 000
Impairment	0	0	0	0
Expenditure	10 073 000	8 849 000	7 494 000	6 777 000
Operating Profit	1 914 000	1 383 000	1 287 000	642 000
Financial Income	0	0	0	0
Financial Costs	43 000	41 000	48 000	61 000
Financial Balance	−43 000	−41 000	−48 000	−61 000
Dividends	1 400 000	1 000 000	0	0
Net Income	1 460 000	1 047 000	966 000	453 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	173 000	61 000	57 000	63 000
Total Tangible Assets	173 000	61 000	57 000	63 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	173 000	61 000	57 000	63 000
Stock	4 018 000	3 299 000	2 452 000	2 432 000
Total Investments	0	0	0	0
Cash, Bank	1 484 000	1 084 000	1 442 000	414 000
Total Current Assets	5 554 000	4 461 000	3 951 000	2 907 000
Total Assets	5 727 000	4 522 000	4 008 000	2 970 000
Total Equity	843 000	783 000	1 136 000	374 000
Short-Term Group Debt	615 000	263 000	735 000	655 000
Total Long-Term Debt	1 000	68 000	325 000	454 000
Creditors	1 142 000	874 000	675 000	616 000
Unpaid Taxes	732 000	422 000	572 000	564 000
Dividends	1 400 000	1 000 000	0	0
Other Current Debt	580 000	820 000	351 000	229 000
Total Current Debt	4 884 000	3 671 000	2 547 000	2 142 000
Total Equity and Debt	5 727 000	4 522 000	4 008 000	2 970 000

Financial indicators	2022	2021	2020	2019
Return on Equity	173,19 %	133,72 %	85,04 %	121,12 %
Debt-to-Equity Ratio	0	0,09	0,29	1,21
Operating Profit Margin	15,97 %	13,52 %	14,65 %	8,65 %
Current Ratio	1,14	1,22	1,55	1,36
Quick Ratio	6,41	11,99	41,59	−10,02
Equity Ratio	0,15	0,17	0,28	0,13
Gross Profit Margin	50,95 %	51,34 %	51,53 %	49,39 %