FG PANELER AS

3320 VESTFOSSEN

Finances

Share Ownership

Return on Equity

−640 %

Current Ratio

0,99

Debt-to-Equity Ratio

5,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 350 000	6 426 000	2 973 000	2 375 000
Net Income	−256 000	409 000	101 000	−103 000
Total Assets	3 008 000	1 704 000	572 000	409 000
Total Equity	40 000	296 000	−114 000	−292 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 350 000	6 426 000	2 973 000	2 375 000
Expenditure	4 592 000	5 968 000	2 869 000	2 477 000
Operating Profit	−241 000	459 000	104 000	−101 000
Financial Income	6 000	2 000	0	0
Financial Costs	21 000	12 000	3 000	2 000
Financial Balance	−15 000	−10 000	−3 000	−2 000
Earnings Before Tax	−256 000	449 000	101 000	−103 000
Tax	0	40 000	0	0
Net Income	−256 000	409 000	101 000	−103 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	260 000	324 000	0	0
Total Current Assets	2 748 000	1 380 000	572 000	409 000
Total Assets	3 008 000	1 704 000	572 000	409 000
Total Retained Equity	−60 000	196 000	−205 000	−383 000
Total Equity	40 000	296 000	−114 000	−292 000
Total Long-Term Debt	205 000	254 000	0	0
Total Current Debt	2 764 000	1 154 000	686 000	701 000
Total Equity and Debt	3 008 000	1 704 000	572 000	409 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 350 000	6 426 000	2 973 000	2 375 000
Other Income	0	0	0	0
Revenue	4 350 000	6 426 000	2 973 000	2 375 000
Cost of Goods Sold	2 918 000	4 587 000	1 964 000	1 700 000
Salary Costs	915 000	589 000	639 000	435 000
Depreciation	82 000	65 000	0	0
Impairment	0	0	0	0
Expenditure	4 592 000	5 968 000	2 869 000	2 477 000
Operating Profit	−241 000	459 000	104 000	−101 000
Financial Income	6 000	2 000	0	0
Financial Costs	21 000	12 000	3 000	2 000
Financial Balance	−15 000	−10 000	−3 000	−2 000
Dividends	0	0	0	0
Net Income	−256 000	409 000	101 000	−103 000

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	260 000	324 000	0	0
Total Tangible Assets	260 000	324 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	260 000	324 000	0	0
Stock	1 394 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	132 000	228 000	190 000	12 000
Total Current Assets	2 748 000	1 380 000	572 000	409 000
Total Assets	3 008 000	1 704 000	572 000	409 000
Total Equity	40 000	296 000	−114 000	−292 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	205 000	254 000	0	0
Creditors	729 000	638 000	357 000	528 000
Unpaid Taxes	265 000	189 000	83 000	66 000
Dividends	0	0	0	0
Other Current Debt	1 770 000	288 000	246 000	107 000
Total Current Debt	2 764 000	1 154 000	686 000	701 000
Total Equity and Debt	3 008 000	1 704 000	572 000	409 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−640 %	138,18 %	−88,6 %	35,27 %
Debt-to-Equity Ratio	5,13	0,86	−0	−0
Operating Profit Margin	−5,54 %	7,14 %	3,5 %	−4,25 %
Current Ratio	0,99	1,2	0,83	0,58
Quick Ratio	2,01	1,2	0,83	0,58
Equity Ratio	0,01	0,17	−0,2	−0,71
Gross Profit Margin	32,92 %	28,62 %	33,94 %	28,42 %