STANGESKOVENE FETSUND AS

1900 FETSUND

Finances

Share Ownership

Return on Equity

13,31 %

Current Ratio

2,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	43 135 000	46 648 000	37 171 000	28 630 000
Net Income	1 404 000	2 325 000	830 000	850 000
Total Assets	14 775 000	17 820 000	13 018 000	12 533 000
Total Equity	10 547 000	10 042 000	10 012 000	9 671 000

Income (NOK)	2022	2021	2020	2019
Revenue	43 135 000	46 648 000	37 171 000	28 630 000
Expenditure	41 356 000	43 717 000	36 175 000	27 622 000
Operating Profit	1 779 000	2 930 000	995 000	1 008 000
Financial Income	32 000	59 000	73 000	95 000
Financial Costs	0	0	1 000	5 000
Financial Balance	32 000	59 000	72 000	90 000
Earnings Before Tax	1 812 000	2 989 000	1 068 000	1 098 000
Tax	408 000	664 000	238 000	249 000
Net Income	1 404 000	2 325 000	830 000	850 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 157 000	2 613 000	2 168 000	1 066 000
Total Current Assets	10 618 000	15 207 000	10 849 000	11 467 000
Total Assets	14 775 000	17 820 000	13 018 000	12 533 000
Total Retained Equity	1 792 000	1 288 000	1 257 000	917 000
Total Equity	10 547 000	10 042 000	10 012 000	9 671 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 229 000	7 777 000	3 006 000	2 862 000
Total Equity and Debt	14 775 000	17 820 000	13 018 000	12 533 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	42 990 000	46 648 000	37 171 000	28 630 000
Other Income	145 000	0	0	0
Revenue	43 135 000	46 648 000	37 171 000	28 630 000
Cost of Goods Sold	30 432 000	32 713 000	26 431 000	19 390 000
Salary Costs	4 538 000	4 766 000	4 459 000	4 095 000
Depreciation	654 000	351 000	267 000	120 000
Impairment	0	0	0	0
Expenditure	41 356 000	43 717 000	36 175 000	27 622 000
Operating Profit	1 779 000	2 930 000	995 000	1 008 000
Financial Income	32 000	59 000	73 000	95 000
Financial Costs	0	0	1 000	5 000
Financial Balance	32 000	59 000	72 000	90 000
Dividends	0	0	0	0
Net Income	1 404 000	2 325 000	830 000	850 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	262 000	416 000	433 000	533 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	3 642 000	1 813 000	1 220 000	0
Fixtures	253 000	385 000	516 000	533 000
Total Tangible Assets	3 895 000	2 197 000	1 735 000	533 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 157 000	2 613 000	2 168 000	1 066 000
Stock	5 511 000	4 447 000	3 886 000	4 023 000
Total Investments	0	0	0	0
Cash, Bank	20 000	20 000	20 000	145 000
Total Current Assets	10 618 000	15 207 000	10 849 000	11 467 000
Total Assets	14 775 000	17 820 000	13 018 000	12 533 000
Total Equity	10 547 000	10 042 000	10 012 000	9 671 000
Short-Term Group Debt	2 212 000	3 239 000	814 000	653 000
Total Long-Term Debt	0	0	0	0
Creditors	572 000	2 606 000	1 429 000	990 000
Unpaid Taxes	592 000	731 000	285 000	618 000
Dividends	0	0	0	0
Other Current Debt	853 000	1 200 000	477 000	602 000
Total Current Debt	4 229 000	7 777 000	3 006 000	2 862 000
Total Equity and Debt	14 775 000	17 820 000	13 018 000	12 533 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,31 %	23,15 %	8,29 %	8,79 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,12 %	6,28 %	2,68 %	3,52 %
Current Ratio	2,51	1,96	3,61	4,01
Quick Ratio	−8,28	4,57	−12,33	−9,88
Equity Ratio	0,71	0,56	0,77	0,77
Gross Profit Margin	29,45 %	29,87 %	28,89 %	32,27 %