FG-TECH AS

3967 STATHELLE

Finances

Share Ownership

Return on Equity

61,82 %

Current Ratio

1,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 352 000	5 828 000	3 556 000	5 111 000
Net Income	353 000	265 000	188 000	298 000
Total Assets	2 351 000	1 544 000	1 343 000	1 791 000
Total Equity	571 000	618 000	653 000	615 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 352 000	5 828 000	3 556 000	5 111 000
Expenditure	6 893 000	5 482 000	3 298 000	4 707 000
Operating Profit	459 000	346 000	258 000	405 000
Financial Income	53 000	24 000	23 000	7 000
Financial Costs	58 000	30 000	40 000	30 000
Financial Balance	−5 000	−6 000	−17 000	−23 000
Earnings Before Tax	454 000	340 000	241 000	382 000
Tax	100 000	75 000	53 000	84 000
Net Income	353 000	265 000	188 000	298 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 000	19 000	26 000	0
Total Current Assets	2 338 000	1 525 000	1 317 000	1 791 000
Total Assets	2 351 000	1 544 000	1 343 000	1 791 000
Total Retained Equity	541 000	588 000	623 000	585 000
Total Equity	571 000	618 000	653 000	615 000
Total Long-Term Debt	0	0	2 000	0
Total Current Debt	1 779 000	927 000	689 000	1 176 000
Total Equity and Debt	2 351 000	1 544 000	1 343 000	1 791 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 352 000	5 828 000	3 556 000	5 111 000
Other Income	0	0	0	0
Revenue	7 352 000	5 828 000	3 556 000	5 111 000
Cost of Goods Sold	4 240 000	3 407 000	2 161 000	2 950 000
Salary Costs	2 077 000	1 771 000	820 000	1 378 000
Depreciation	6 000	6 000	6 000	0
Impairment	0	0	0	0
Expenditure	6 893 000	5 482 000	3 298 000	4 707 000
Operating Profit	459 000	346 000	258 000	405 000
Financial Income	53 000	24 000	23 000	7 000
Financial Costs	58 000	30 000	40 000	30 000
Financial Balance	−5 000	−6 000	−17 000	−23 000
Dividends	400 000	300 000	150 000	40 000
Net Income	353 000	265 000	188 000	298 000

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	13 000	19 000	26 000	0
Total Tangible Assets	13 000	19 000	26 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 000	19 000	26 000	0
Stock	477 000	166 000	99 000	173 000
Total Investments	0	0	0	0
Cash, Bank	824 000	743 000	989 000	439 000
Total Current Assets	2 338 000	1 525 000	1 317 000	1 791 000
Total Assets	2 351 000	1 544 000	1 343 000	1 791 000
Total Equity	571 000	618 000	653 000	615 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	2 000	0
Creditors	584 000	61 000	217 000	515 000
Unpaid Taxes	489 000	295 000	179 000	393 000
Dividends	400 000	300 000	150 000	40 000
Other Current Debt	207 000	194 000	92 000	144 000
Total Current Debt	1 779 000	927 000	689 000	1 176 000
Total Equity and Debt	2 351 000	1 544 000	1 343 000	1 791 000

Financial indicators	2022	2021	2020	2019
Return on Equity	61,82 %	42,88 %	28,79 %	48,46 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,24 %	5,94 %	7,26 %	7,92 %
Current Ratio	1,31	1,65	1,91	1,52
Quick Ratio	1,8	2	2,23	1,79
Equity Ratio	0,24	0,4	0,49	0,34
Gross Profit Margin	42,33 %	41,54 %	39,23 %	42,28 %