FORSKALINGSARBEIDERN AS

2440 ENGERDAL

Finances

Return on Equity

15,48 %

Current Ratio

3,03

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 995 000	5 943 000	3 294 000	3 080 000
Net Income	304 000	502 000	429 000	123 000
Total Assets	3 015 000	2 839 000	1 886 000	1 338 000
Total Equity	1 964 000	1 659 000	1 157 000	828 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 995 000	5 943 000	3 294 000	3 080 000
Expenditure	5 595 000	5 295 000	3 255 000	2 927 000
Operating Profit	400 000	648 000	39 000	153 000
Financial Income	3 000	1 000	402 000	2 000
Financial Costs	12 000	3 000	0	−3 000
Financial Balance	−9 000	−2 000	402 000	5 000
Earnings Before Tax	391 000	646 000	440 000	158 000
Tax	86 000	144 000	11 000	35 000
Net Income	304 000	502 000	429 000	123 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	601 000	841 000	273 000	407 000
Total Current Assets	2 414 000	1 998 000	1 613 000	931 000
Total Assets	3 015 000	2 839 000	1 886 000	1 338 000
Total Retained Equity	1 934 000	1 629 000	1 127 000	798 000
Total Equity	1 964 000	1 659 000	1 157 000	828 000
Total Long-Term Debt	254 000	330 000	0	5 000
Total Current Debt	798 000	850 000	729 000	505 000
Total Equity and Debt	3 015 000	2 839 000	1 886 000	1 338 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 995 000	5 882 000	3 294 000	3 080 000
Other Income	0	60 000	0	0
Revenue	5 995 000	5 943 000	3 294 000	3 080 000
Cost of Goods Sold	2 485 000	2 379 000	1 112 000	948 000
Salary Costs	2 232 000	2 166 000	1 488 000	1 346 000
Depreciation	254 000	162 000	118 000	80 000
Impairment	0	0	0	0
Expenditure	5 595 000	5 295 000	3 255 000	2 927 000
Operating Profit	400 000	648 000	39 000	153 000
Financial Income	3 000	1 000	402 000	2 000
Financial Costs	12 000	3 000	0	−3 000
Financial Balance	−9 000	−2 000	402 000	5 000
Dividends	0	0	100 000	0
Net Income	304 000	502 000	429 000	123 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	0	8 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	45 000	54 000	126 000	179 000
Fixtures	538 000	747 000	76 000	141 000
Total Tangible Assets	584 000	802 000	202 000	320 000
Total Fiancial Fixed Assets	15 000	39 000	63 000	87 000
Total Fixed Assets	601 000	841 000	273 000	407 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 700 000	1 346 000	1 266 000	815 000
Total Current Assets	2 414 000	1 998 000	1 613 000	931 000
Total Assets	3 015 000	2 839 000	1 886 000	1 338 000
Total Equity	1 964 000	1 659 000	1 157 000	828 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	254 000	330 000	0	5 000
Creditors	113 000	288 000	232 000	149 000
Unpaid Taxes	368 000	212 000	230 000	192 000
Dividends	0	0	100 000	0
Other Current Debt	212 000	230 000	143 000	127 000
Total Current Debt	798 000	850 000	729 000	505 000
Total Equity and Debt	3 015 000	2 839 000	1 886 000	1 338 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,48 %	30,26 %	37,08 %	14,86 %
Debt-to-Equity Ratio	0,13	0,2	0	0,01
Operating Profit Margin	6,67 %	10,9 %	1,18 %	4,97 %
Current Ratio	3,03	2,35	2,21	1,84
Quick Ratio	3,03	2,35	2,21	1,84
Equity Ratio	0,65	0,58	0,61	0,62
Gross Profit Margin	58,55 %	59,97 %	66,24 %	69,22 %