FAVUSEAL WIRE & CABLE AS

1351 RUD

Finances

Share Ownership

Return on Equity

29,56 %

Current Ratio

4,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 932 000	4 518 000	3 666 000	764 000
Net Income	1 416 000	1 527 000	1 208 000	324 000
Total Assets	6 164 000	4 508 000	2 852 000	892 000
Total Equity	4 790 000	3 373 000	1 846 000	638 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 932 000	4 518 000	3 666 000	764 000
Expenditure	1 337 000	2 532 000	2 176 000	388 000
Operating Profit	1 625 000	1 993 000	1 535 000	414 000
Financial Income	432 000	185 000	178 000	17 000
Financial Costs	241 000	221 000	164 000	16 000
Financial Balance	191 000	−36 000	14 000	1 000
Earnings Before Tax	1 816 000	1 957 000	1 549 000	415 000
Tax	400 000	431 000	341 000	91 000
Net Income	1 416 000	1 527 000	1 208 000	324 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	48 000	450 000
Total Current Assets	6 164 000	4 508 000	2 804 000	442 000
Total Assets	6 164 000	4 508 000	2 852 000	892 000
Total Retained Equity	4 730 000	3 313 000	1 786 000	578 000
Total Equity	4 790 000	3 373 000	1 846 000	638 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 374 000	1 135 000	1 006 000	254 000
Total Equity and Debt	6 164 000	4 508 000	2 852 000	892 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 932 000	4 518 000	3 666 000	764 000
Other Income	0	0	0	0
Revenue	2 932 000	4 518 000	3 666 000	764 000
Cost of Goods Sold	1 243 000	2 406 000	2 144 000	372 000
Salary Costs	40 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 337 000	2 532 000	2 176 000	388 000
Operating Profit	1 625 000	1 993 000	1 535 000	414 000
Financial Income	432 000	185 000	178 000	17 000
Financial Costs	241 000	221 000	164 000	16 000
Financial Balance	191 000	−36 000	14 000	1 000
Dividends	0	0	0	0
Net Income	1 416 000	1 527 000	1 208 000	324 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	48 000	48 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	402 000
Total Fixed Assets	0	0	48 000	450 000
Stock	156 000	126 000	120 000	75 000
Total Investments	0	0	0	0
Cash, Bank	5 754 000	4 021 000	2 684 000	367 000
Total Current Assets	6 164 000	4 508 000	2 804 000	442 000
Total Assets	6 164 000	4 508 000	2 852 000	892 000
Total Equity	4 790 000	3 373 000	1 846 000	638 000
Short-Term Group Debt	705 000	544 000	544 000	139 000
Total Long-Term Debt	0	0	0	0
Creditors	224 000	208 000	47 000	0
Unpaid Taxes	0	0	0	23 000
Dividends	0	0	0	0
Other Current Debt	45 000	0	73 000	0
Total Current Debt	1 374 000	1 135 000	1 006 000	254 000
Total Equity and Debt	6 164 000	4 508 000	2 852 000	892 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,56 %	45,27 %	65,44 %	50,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	55,42 %	44,11 %	41,87 %	54,19 %
Current Ratio	4,49	3,97	2,79	1,74
Quick Ratio	5,06	4,47	3,16	2,47
Equity Ratio	0,78	0,75	0,65	0,72
Gross Profit Margin	57,61 %	46,75 %	41,52 %	51,31 %