FINNSNES FJERNVARME AS

9308 FINNSNES

Finances

Share Ownership

Return on Equity

7,06 %

Current Ratio

6,17

Debt-to-Equity Ratio

1,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 677 000	11 152 000	5 800 000	8 808 000
Net Income	1 523 000	3 213 000	−979 000	866 000
Total Assets	65 832 000	65 088 000	61 662 000	65 354 000
Total Equity	21 559 000	20 036 000	16 823 000	17 802 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 677 000	11 152 000	5 800 000	8 808 000
Expenditure	6 278 000	5 364 000	5 262 000	5 701 000
Operating Profit	3 398 000	5 787 000	539 000	3 108 000
Financial Income	132 000	0	1 000	3 000
Financial Costs	1 578 000	1 668 000	1 796 000	2 000 000
Financial Balance	−1 446 000	−1 668 000	−1 795 000	−1 997 000
Earnings Before Tax	1 953 000	4 119 000	−1 256 000	1 110 000
Tax	430 000	906 000	−276 000	244 000
Net Income	1 523 000	3 213 000	−979 000	866 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	52 372 000	54 278 000	55 736 000	58 101 000
Total Current Assets	13 461 000	10 810 000	5 927 000	7 252 000
Total Assets	65 832 000	65 088 000	61 662 000	65 354 000
Total Retained Equity	5 259 000	3 736 000	523 000	1 502 000
Total Equity	21 559 000	20 036 000	16 823 000	17 802 000
Total Long-Term Debt	42 093 000	43 481 000	44 229 000	46 179 000
Total Current Debt	2 181 000	1 571 000	610 000	1 372 000
Total Equity and Debt	65 832 000	65 088 000	61 662 000	65 354 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 556 000	8 510 000	4 951 000	7 275 000
Other Income	1 121 000	2 641 000	849 000	1 533 000
Revenue	9 677 000	11 152 000	5 800 000	8 808 000
Cost of Goods Sold	1 599 000	1 069 000	946 000	1 327 000
Salary Costs	1 369 000	1 056 000	996 000	1 001 000
Depreciation	2 864 000	2 853 000	2 787 000	2 761 000
Impairment	0	0	0	0
Expenditure	6 278 000	5 364 000	5 262 000	5 701 000
Operating Profit	3 398 000	5 787 000	539 000	3 108 000
Financial Income	132 000	0	1 000	3 000
Financial Costs	1 578 000	1 668 000	1 796 000	2 000 000
Financial Balance	−1 446 000	−1 668 000	−1 795 000	−1 997 000
Dividends	0	0	0	0
Net Income	1 523 000	3 213 000	−979 000	866 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	50 196 000	0	0	0
Machinery and Plant Facilities	2 118 000	54 185 000	55 608 000	57 940 000
Fixtures	58 000	93 000	127 000	162 000
Total Tangible Assets	52 372 000	54 278 000	55 736 000	58 101 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	52 372 000	54 278 000	55 736 000	58 101 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 769 000	7 888 000	4 442 000	5 284 000
Total Current Assets	13 461 000	10 810 000	5 927 000	7 252 000
Total Assets	65 832 000	65 088 000	61 662 000	65 354 000
Total Equity	21 559 000	20 036 000	16 823 000	17 802 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	42 093 000	43 481 000	44 229 000	46 179 000
Creditors	657 000	561 000	32 000	495 000
Unpaid Taxes	941 000	614 000	201 000	434 000
Dividends	0	0	0	0
Other Current Debt	382 000	396 000	378 000	442 000
Total Current Debt	2 181 000	1 571 000	610 000	1 372 000
Total Equity and Debt	65 832 000	65 088 000	61 662 000	65 354 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,06 %	16,04 %	−5,82 %	4,86 %
Debt-to-Equity Ratio	1,95	2,17	2,63	2,59
Operating Profit Margin	35,11 %	51,89 %	9,29 %	35,29 %
Current Ratio	6,17	6,88	9,72	5,29
Quick Ratio	6,17	6,88	9,72	5,29
Equity Ratio	0,33	0,31	0,27	0,27
Gross Profit Margin	83,48 %	90,41 %	83,69 %	84,93 %