FANNREM AUTO AS

7320 FANNREM

Finances

Return on Equity

38,93 %

Current Ratio

2,35

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 583 000	3 654 000	3 510 000	3 156 000
Net Income	1 430 000	706 000	628 000	377 000
Total Assets	5 908 000	4 671 000	4 952 000	4 274 000
Total Equity	3 673 000	2 243 000	1 537 000	909 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 583 000	3 654 000	3 510 000	3 156 000
Expenditure	3 693 000	2 682 000	2 642 000	2 590 000
Operating Profit	1 891 000	972 000	867 000	566 000
Financial Income	3 000	4 000	7 000	9 000
Financial Costs	51 000	56 000	75 000	86 000
Financial Balance	−48 000	−52 000	−68 000	−77 000
Earnings Before Tax	1 843 000	920 000	799 000	489 000
Tax	413 000	215 000	171 000	113 000
Net Income	1 430 000	706 000	628 000	377 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 610 000	2 581 000	2 768 000	2 736 000
Total Current Assets	3 299 000	2 091 000	2 185 000	1 538 000
Total Assets	5 908 000	4 671 000	4 952 000	4 274 000
Total Retained Equity	3 506 000	2 076 000	1 371 000	743 000
Total Equity	3 673 000	2 243 000	1 537 000	909 000
Total Long-Term Debt	830 000	1 572 000	2 549 000	2 725 000
Total Current Debt	1 406 000	857 000	866 000	639 000
Total Equity and Debt	5 908 000	4 671 000	4 952 000	4 274 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 583 000	3 654 000	3 510 000	3 156 000
Other Income	0	0	0	0
Revenue	5 583 000	3 654 000	3 510 000	3 156 000
Cost of Goods Sold	1 340 000	807 000	930 000	864 000
Salary Costs	1 001 000	891 000	659 000	587 000
Depreciation	233 000	227 000	186 000	199 000
Impairment	0	0	0	0
Expenditure	3 693 000	2 682 000	2 642 000	2 590 000
Operating Profit	1 891 000	972 000	867 000	566 000
Financial Income	3 000	4 000	7 000	9 000
Financial Costs	51 000	56 000	75 000	86 000
Financial Balance	−48 000	−52 000	−68 000	−77 000
Dividends	0	0	0	0
Net Income	1 430 000	706 000	628 000	377 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 207 000	2 272 000	2 367 000	2 462 000
Machinery and Plant Facilities	95 000	135 000	190 000	0
Fixtures	307 000	173 000	210 000	272 000
Total Tangible Assets	2 609 000	2 580 000	2 767 000	2 734 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	2 610 000	2 581 000	2 768 000	2 736 000
Stock	250 000	177 000	96 000	128 000
Total Investments	0	0	0	0
Cash, Bank	2 733 000	1 774 000	1 674 000	1 325 000
Total Current Assets	3 299 000	2 091 000	2 185 000	1 538 000
Total Assets	5 908 000	4 671 000	4 952 000	4 274 000
Total Equity	3 673 000	2 243 000	1 537 000	909 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	830 000	1 572 000	2 549 000	2 725 000
Creditors	360 000	147 000	265 000	93 000
Unpaid Taxes	214 000	162 000	159 000	177 000
Dividends	0	0	0	0
Other Current Debt	418 000	320 000	283 000	254 000
Total Current Debt	1 406 000	857 000	866 000	639 000
Total Equity and Debt	5 908 000	4 671 000	4 952 000	4 274 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,93 %	31,48 %	40,86 %	41,47 %
Debt-to-Equity Ratio	0,23	0,7	1,66	3
Operating Profit Margin	33,87 %	26,6 %	24,7 %	17,93 %
Current Ratio	2,35	2,44	2,52	2,41
Quick Ratio	2,85	3,08	2,84	3,01
Equity Ratio	0,62	0,48	0,31	0,21
Gross Profit Margin	76 %	77,91 %	73,5 %	72,62 %