FURTECH AS

2022 GJERDRUM

Finances

Return on Equity

31,77 %

Current Ratio

2,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 370 000	2 867 000	2 549 000	2 612 000
Net Income	1 252 000	1 288 000	962 000	938 000
Total Assets	5 295 000	4 301 000	3 787 000	3 195 000
Total Equity	3 941 000	3 589 000	3 001 000	2 239 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 370 000	2 867 000	2 549 000	2 612 000
Expenditure	1 818 000	1 517 000	1 370 000	1 407 000
Operating Profit	1 551 000	1 351 000	1 179 000	1 205 000
Financial Income	106 000	291 000	79 000	1 000
Financial Costs	87 000	4 000	25 000	4 000
Financial Balance	19 000	287 000	54 000	−3 000
Earnings Before Tax	1 571 000	1 638 000	1 233 000	1 202 000
Tax	319 000	349 000	271 000	264 000
Net Income	1 252 000	1 288 000	962 000	938 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 587 000	1 209 000	1 297 000	784 000
Total Current Assets	3 708 000	3 092 000	2 490 000	2 411 000
Total Assets	5 295 000	4 301 000	3 787 000	3 195 000
Total Retained Equity	3 911 000	3 559 000	2 971 000	2 209 000
Total Equity	3 941 000	3 589 000	3 001 000	2 239 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 354 000	712 000	786 000	956 000
Total Equity and Debt	5 295 000	4 301 000	3 787 000	3 195 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 184 000	2 867 000	2 549 000	2 565 000
Other Income	186 000	0	0	47 000
Revenue	3 370 000	2 867 000	2 549 000	2 612 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 526 000	1 292 000	1 194 000	1 184 000
Depreciation	168 000	103 000	103 000	102 000
Impairment	0	0	0	0
Expenditure	1 818 000	1 517 000	1 370 000	1 407 000
Operating Profit	1 551 000	1 351 000	1 179 000	1 205 000
Financial Income	106 000	291 000	79 000	1 000
Financial Costs	87 000	4 000	25 000	4 000
Financial Balance	19 000	287 000	54 000	−3 000
Dividends	900 000	700 000	200 000	400 000
Net Income	1 252 000	1 288 000	962 000	938 000

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	489 000	222 000	325 000	427 000
Total Tangible Assets	489 000	222 000	325 000	427 000
Total Fiancial Fixed Assets	1 098 000	987 000	972 000	357 000
Total Fixed Assets	1 587 000	1 209 000	1 297 000	784 000
Stock	0	0	0	0
Total Investments	1 657 000	1 260 000	595 000	0
Cash, Bank	1 969 000	1 832 000	1 851 000	2 355 000
Total Current Assets	3 708 000	3 092 000	2 490 000	2 411 000
Total Assets	5 295 000	4 301 000	3 787 000	3 195 000
Total Equity	3 941 000	3 589 000	3 001 000	2 239 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	11 000	10 000	8 000	5 000
Unpaid Taxes	327 000	213 000	186 000	169 000
Dividends	900 000	700 000	200 000	400 000
Other Current Debt	152 000	129 000	120 000	121 000
Total Current Debt	1 354 000	712 000	786 000	956 000
Total Equity and Debt	5 295 000	4 301 000	3 787 000	3 195 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,77 %	35,89 %	32,06 %	41,89 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	46,02 %	47,12 %	46,25 %	46,13 %
Current Ratio	2,74	4,34	3,17	2,52
Quick Ratio	2,74	4,34	3,17	2,52
Equity Ratio	0,74	0,83	0,79	0,7
Gross Profit Margin	100 %	100 %	100 %	100 %