FELG SPESIALIST AS

4016 STAVANGER

Finances

Share Ownership

Return on Equity

68,14 %

Current Ratio

1,42

Debt-to-Equity Ratio

0,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 588 000	2 766 000	2 229 000	2 019 000
Net Income	340 000	53 000	187 000	207 000
Total Assets	1 622 000	816 000	874 000	730 000
Total Equity	499 000	158 000	105 000	−22 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 588 000	2 766 000	2 229 000	2 019 000
Expenditure	3 134 000	2 681 000	1 980 000	1 786 000
Operating Profit	454 000	85 000	248 000	233 000
Financial Income	0	0	0	0
Financial Costs	18 000	16 000	21 000	26 000
Financial Balance	−18 000	−16 000	−21 000	−26 000
Earnings Before Tax	436 000	68 000	227 000	207 000
Tax	96 000	15 000	40 000	0
Net Income	340 000	53 000	187 000	207 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	348 000	496 000	531 000	536 000
Total Current Assets	1 274 000	320 000	343 000	194 000
Total Assets	1 622 000	816 000	874 000	730 000
Total Retained Equity	474 000	134 000	81 000	−47 000
Total Equity	499 000	158 000	105 000	−22 000
Total Long-Term Debt	227 000	253 000	330 000	392 000
Total Current Debt	896 000	404 000	439 000	360 000
Total Equity and Debt	1 622 000	816 000	874 000	730 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 588 000	2 766 000	2 229 000	2 019 000
Other Income	0	0	0	0
Revenue	3 588 000	2 766 000	2 229 000	2 019 000
Cost of Goods Sold	477 000	535 000	357 000	365 000
Salary Costs	1 604 000	1 117 000	850 000	801 000
Depreciation	201 000	210 000	176 000	103 000
Impairment	0	0	0	0
Expenditure	3 134 000	2 681 000	1 980 000	1 786 000
Operating Profit	454 000	85 000	248 000	233 000
Financial Income	0	0	0	0
Financial Costs	18 000	16 000	21 000	26 000
Financial Balance	−18 000	−16 000	−21 000	−26 000
Dividends	0	0	60 000	0
Net Income	340 000	53 000	187 000	207 000

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	50 000	0	0	0
Fixtures	298 000	496 000	531 000	536 000
Total Tangible Assets	348 000	496 000	531 000	536 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	348 000	496 000	531 000	536 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	515 000	207 000	241 000	39 000
Total Current Assets	1 274 000	320 000	343 000	194 000
Total Assets	1 622 000	816 000	874 000	730 000
Total Equity	499 000	158 000	105 000	−22 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	227 000	253 000	330 000	392 000
Creditors	51 000	52 000	58 000	128 000
Unpaid Taxes	341 000	188 000	153 000	100 000
Dividends	0	0	60 000	0
Other Current Debt	427 000	109 000	129 000	132 000
Total Current Debt	896 000	404 000	439 000	360 000
Total Equity and Debt	1 622 000	816 000	874 000	730 000

Financial indicators	2022	2021	2020	2019
Return on Equity	68,14 %	33,54 %	178,1 %	−940,91 %
Debt-to-Equity Ratio	0,45	1,6	3,14	−17,82
Operating Profit Margin	12,65 %	3,07 %	11,13 %	11,54 %
Current Ratio	1,42	0,79	0,78	0,54
Quick Ratio	1,42	0,79	0,78	0,54
Equity Ratio	0,31	0,19	0,12	−0,03
Gross Profit Margin	86,71 %	80,66 %	83,98 %	81,92 %