FORMBAR GLASSVERKSTED AS

5528 HAUGESUND

Finances

Share Ownership

Return on Equity

18,94 %

Current Ratio

3,03

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 476 000	3 292 000	2 566 000	2 446 000
Net Income	342 000	393 000	276 000	41 000
Total Assets	2 951 000	2 727 000	1 961 000	1 947 000
Total Equity	1 806 000	1 464 000	1 071 000	795 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 476 000	3 292 000	2 566 000	2 446 000
Expenditure	3 022 000	2 769 000	2 201 000	2 375 000
Operating Profit	454 000	523 000	365 000	71 000
Financial Income	0	0	0	0
Financial Costs	11 000	10 000	11 000	15 000
Financial Balance	−11 000	−10 000	−11 000	−15 000
Earnings Before Tax	443 000	513 000	354 000	57 000
Tax	101 000	120 000	78 000	16 000
Net Income	342 000	393 000	276 000	41 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 000	30 000	74 000	141 000
Total Current Assets	2 941 000	2 697 000	1 887 000	1 806 000
Total Assets	2 951 000	2 727 000	1 961 000	1 947 000
Total Retained Equity	1 506 000	1 164 000	771 000	495 000
Total Equity	1 806 000	1 464 000	1 071 000	795 000
Total Long-Term Debt	174 000	202 000	232 000	258 000
Total Current Debt	971 000	1 061 000	658 000	894 000
Total Equity and Debt	2 951 000	2 727 000	1 961 000	1 947 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 430 000	3 267 000	2 563 000	2 411 000
Other Income	46 000	25 000	3 000	36 000
Revenue	3 476 000	3 292 000	2 566 000	2 446 000
Cost of Goods Sold	376 000	427 000	389 000	102 000
Salary Costs	1 593 000	1 560 000	1 238 000	1 590 000
Depreciation	21 000	61 000	67 000	67 000
Impairment	0	0	0	0
Expenditure	3 022 000	2 769 000	2 201 000	2 375 000
Operating Profit	454 000	523 000	365 000	71 000
Financial Income	0	0	0	0
Financial Costs	11 000	10 000	11 000	15 000
Financial Balance	−11 000	−10 000	−11 000	−15 000
Dividends	0	0	0	0
Net Income	342 000	393 000	276 000	41 000

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	9 000	30 000	74 000	141 000
Total Tangible Assets	9 000	30 000	74 000	141 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 000	30 000	74 000	141 000
Stock	320 000	304 000	335 000	524 000
Total Investments	0	0	0	0
Cash, Bank	2 638 000	2 378 000	1 458 000	1 179 000
Total Current Assets	2 941 000	2 697 000	1 887 000	1 806 000
Total Assets	2 951 000	2 727 000	1 961 000	1 947 000
Total Equity	1 806 000	1 464 000	1 071 000	795 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	174 000	202 000	232 000	258 000
Creditors	−7 000	14 000	53 000	5 000
Unpaid Taxes	664 000	714 000	378 000	563 000
Dividends	0	0	0	0
Other Current Debt	212 000	212 000	141 000	305 000
Total Current Debt	971 000	1 061 000	658 000	894 000
Total Equity and Debt	2 951 000	2 727 000	1 961 000	1 947 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,94 %	26,84 %	25,77 %	5,16 %
Debt-to-Equity Ratio	0,1	0,14	0,22	0,32
Operating Profit Margin	13,06 %	15,89 %	14,22 %	2,9 %
Current Ratio	3,03	2,54	2,87	2,02
Quick Ratio	4,52	3,56	5,84	4,88
Equity Ratio	0,61	0,54	0,55	0,41
Gross Profit Margin	89,18 %	87,03 %	84,84 %	95,83 %