FAANESS ENTREPRENØR AS

7038 TRONDHEIM

Finances

Share Ownership

Return on Equity

9,3 %

Current Ratio

1,17

Debt-to-Equity Ratio

0,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 947 000	17 637 000	5 908 000	4 425 000
Net Income	120 000	633 000	262 000	166 000
Total Assets	4 993 000	4 698 000	1 584 000	845 000
Total Equity	1 290 000	1 210 000	577 000	314 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 947 000	17 637 000	5 908 000	4 425 000
Expenditure	20 752 000	16 801 000	5 567 000	4 205 000
Operating Profit	195 000	835 000	342 000	221 000
Financial Income	1 000	0	0	0
Financial Costs	28 000	18 000	4 000	7 000
Financial Balance	−27 000	−18 000	−4 000	−7 000
Earnings Before Tax	168 000	817 000	339 000	214 000
Tax	48 000	184 000	76 000	48 000
Net Income	120 000	633 000	262 000	166 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 632 000	1 199 000	166 000	98 000
Total Current Assets	3 361 000	3 499 000	1 417 000	747 000
Total Assets	4 993 000	4 698 000	1 584 000	845 000
Total Retained Equity	1 090 000	1 010 000	377 000	114 000
Total Equity	1 290 000	1 210 000	577 000	314 000
Total Long-Term Debt	820 000	510 000	101 000	40 000
Total Current Debt	2 883 000	2 979 000	906 000	491 000
Total Equity and Debt	4 993 000	4 698 000	1 584 000	845 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 813 000	17 293 000	5 739 000	4 411 000
Other Income	134 000	344 000	169 000	14 000
Revenue	20 947 000	17 637 000	5 908 000	4 425 000
Cost of Goods Sold	11 782 000	9 795 000	3 166 000	3 150 000
Salary Costs	6 424 000	5 181 000	1 446 000	727 000
Depreciation	363 000	170 000	70 000	53 000
Impairment	0	0	0	0
Expenditure	20 752 000	16 801 000	5 567 000	4 205 000
Operating Profit	195 000	835 000	342 000	221 000
Financial Income	1 000	0	0	0
Financial Costs	28 000	18 000	4 000	7 000
Financial Balance	−27 000	−18 000	−4 000	−7 000
Dividends	0	0	0	0
Net Income	120 000	633 000	262 000	166 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	5 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 632 000	1 199 000	166 000	90 000
Total Tangible Assets	1 632 000	1 199 000	166 000	90 000
Total Fiancial Fixed Assets	0	0	0	2 000
Total Fixed Assets	1 632 000	1 199 000	166 000	98 000
Stock	0	0	0	19 000
Total Investments	0	0	0	0
Cash, Bank	1 081 000	1 570 000	123 000	135 000
Total Current Assets	3 361 000	3 499 000	1 417 000	747 000
Total Assets	4 993 000	4 698 000	1 584 000	845 000
Total Equity	1 290 000	1 210 000	577 000	314 000
Short-Term Group Debt	51 000	0	0	96 000
Total Long-Term Debt	820 000	510 000	101 000	40 000
Creditors	915 000	1 395 000	382 000	−13 000
Unpaid Taxes	935 000	696 000	283 000	79 000
Dividends	0	0	0	0
Other Current Debt	826 000	887 000	242 000	316 000
Total Current Debt	2 883 000	2 979 000	906 000	491 000
Total Equity and Debt	4 993 000	4 698 000	1 584 000	845 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,3 %	52,31 %	45,41 %	52,87 %
Debt-to-Equity Ratio	0,64	0,42	0,18	0,13
Operating Profit Margin	0,93 %	4,73 %	5,79 %	4,99 %
Current Ratio	1,17	1,17	1,56	1,52
Quick Ratio	1,17	1,17	1,56	1,58
Equity Ratio	0,26	0,26	0,36	0,37
Gross Profit Margin	43,75 %	44,46 %	46,41 %	28,81 %