FERNO NORDEN NORWAY AS

3185 SKOPPUM

Finances

Share Ownership

Return on Equity

−76,28 %

Current Ratio

1,17

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 835 000	9 162 000	11 836 000	2 982 000
Net Income	−685 000	−394 000	−224 000	−881 000
Total Assets	3 605 000	3 613 000	5 190 000	3 606 000
Total Equity	898 000	883 000	777 000	501 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 835 000	9 162 000	11 836 000	2 982 000
Expenditure	10 472 000	9 650 000	12 144 000	4 122 000
Operating Profit	−637 000	−489 000	−308 000	−1 140 000
Financial Income	28 000	10 000	28 000	0
Financial Costs	76 000	26 000	6 000	0
Financial Balance	−48 000	−16 000	22 000	0
Earnings Before Tax	−685 000	−505 000	−287 000	−1 140 000
Tax	0	−111 000	−63 000	−260 000
Net Income	−685 000	−394 000	−224 000	−881 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	678 000	468 000	864 000	337 000
Total Current Assets	2 928 000	3 145 000	4 325 000	3 269 000
Total Assets	3 605 000	3 613 000	5 190 000	3 606 000
Total Retained Equity	351 000	336 000	230 000	−46 000
Total Equity	898 000	883 000	777 000	501 000
Total Long-Term Debt	205 000	0	0	0
Total Current Debt	2 503 000	2 730 000	4 413 000	3 105 000
Total Equity and Debt	3 605 000	3 613 000	5 190 000	3 606 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 835 000	9 158 000	11 836 000	2 982 000
Other Income	0	4 000	0	0
Revenue	9 835 000	9 162 000	11 836 000	2 982 000
Cost of Goods Sold	6 341 000	5 781 000	7 471 000	2 146 000
Salary Costs	2 195 000	2 106 000	2 734 000	1 276 000
Depreciation	62 000	40 000	44 000	15 000
Impairment	0	0	0	0
Expenditure	10 472 000	9 650 000	12 144 000	4 122 000
Operating Profit	−637 000	−489 000	−308 000	−1 140 000
Financial Income	28 000	10 000	28 000	0
Financial Costs	76 000	26 000	6 000	0
Financial Balance	−48 000	−16 000	22 000	0
Dividends	0	0	0	0
Net Income	−685 000	−394 000	−224 000	−881 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	433 000	464 000	360 000	260 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	244 000	5 000	30 000	78 000
Total Tangible Assets	244 000	5 000	30 000	78 000
Total Fiancial Fixed Assets	0	0	475 000	0
Total Fixed Assets	678 000	468 000	864 000	337 000
Stock	1 037 000	407 000	529 000	393 000
Total Investments	0	0	0	0
Cash, Bank	93 000	72 000	802 000	708 000
Total Current Assets	2 928 000	3 145 000	4 325 000	3 269 000
Total Assets	3 605 000	3 613 000	5 190 000	3 606 000
Total Equity	898 000	883 000	777 000	501 000
Short-Term Group Debt	1 354 000	1 741 000	20 000	0
Total Long-Term Debt	205 000	0	0	0
Creditors	1 000	39 000	32 000	66 000
Unpaid Taxes	525 000	274 000	376 000	245 000
Dividends	0	0	0	0
Other Current Debt	623 000	677 000	3 986 000	2 794 000
Total Current Debt	2 503 000	2 730 000	4 413 000	3 105 000
Total Equity and Debt	3 605 000	3 613 000	5 190 000	3 606 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−76,28 %	−44,62 %	−28,83 %	−175,85 %
Debt-to-Equity Ratio	0,23	0	0	0
Operating Profit Margin	−6,48 %	−5,34 %	−2,6 %	−38,23 %
Current Ratio	1,17	1,15	0,98	1,05
Quick Ratio	2	1,35	1,11	1,21
Equity Ratio	0,25	0,24	0,15	0,14
Gross Profit Margin	35,53 %	36,9 %	36,88 %	28,03 %