FJORDANE LANDTEKNIKK AS

6800 FØRDE

Finances

Share Ownership

Return on Equity

33 %

Current Ratio

1,63

Debt-to-Equity Ratio

2,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 130 000	12 852 000	14 397 000	10 930 000
Net Income	462 000	−286 000	279 000	−523 000
Total Assets	12 217 000	7 928 000	4 668 000	5 128 000
Total Equity	1 400 000	938 000	1 224 000	945 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 130 000	12 852 000	14 397 000	10 930 000
Expenditure	14 288 000	13 028 000	14 003 000	11 380 000
Operating Profit	841 000	−177 000	394 000	−449 000
Financial Income	−2 000	20 000	35 000	12 000
Financial Costs	333 000	129 000	150 000	90 000
Financial Balance	−335 000	−109 000	−115 000	−78 000
Earnings Before Tax	507 000	−286 000	279 000	−528 000
Tax	45 000	0	0	−5 000
Net Income	462 000	−286 000	279 000	−523 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	489 000	519 000	518 000	648 000
Total Current Assets	11 727 000	7 409 000	4 150 000	4 480 000
Total Assets	12 217 000	7 928 000	4 668 000	5 128 000
Total Retained Equity	1 310 000	848 000	1 134 000	855 000
Total Equity	1 400 000	938 000	1 224 000	945 000
Total Long-Term Debt	3 643 000	726 000	478 000	1 589 000
Total Current Debt	7 175 000	6 264 000	2 967 000	2 593 000
Total Equity and Debt	12 217 000	7 928 000	4 668 000	5 128 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 085 000	12 863 000	13 864 000	10 930 000
Other Income	45 000	−11 000	533 000	0
Revenue	15 130 000	12 852 000	14 397 000	10 930 000
Cost of Goods Sold	11 209 000	10 521 000	11 506 000	8 933 000
Salary Costs	1 538 000	1 292 000	1 283 000	1 281 000
Depreciation	103 000	98 000	95 000	53 000
Impairment	0	0	0	0
Expenditure	14 288 000	13 028 000	14 003 000	11 380 000
Operating Profit	841 000	−177 000	394 000	−449 000
Financial Income	−2 000	20 000	35 000	12 000
Financial Costs	333 000	129 000	150 000	90 000
Financial Balance	−335 000	−109 000	−115 000	−78 000
Dividends	0	0	0	0
Net Income	462 000	−286 000	279 000	−523 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	428 000	424 000	472 000
Machinery and Plant Facilities	60 000	4 000	17 000	30 000
Fixtures	429 000	88 000	77 000	146 000
Total Tangible Assets	489 000	519 000	518 000	648 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	489 000	519 000	518 000	648 000
Stock	7 054 000	4 232 000	2 424 000	2 595 000
Total Investments	0	0	0	0
Cash, Bank	65 000	54 000	52 000	42 000
Total Current Assets	11 727 000	7 409 000	4 150 000	4 480 000
Total Assets	12 217 000	7 928 000	4 668 000	5 128 000
Total Equity	1 400 000	938 000	1 224 000	945 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 643 000	726 000	478 000	1 589 000
Creditors	4 864 000	5 226 000	1 944 000	2 226 000
Unpaid Taxes	1 032 000	385 000	451 000	53 000
Dividends	0	0	0	0
Other Current Debt	225 000	184 000	176 000	138 000
Total Current Debt	7 175 000	6 264 000	2 967 000	2 593 000
Total Equity and Debt	12 217 000	7 928 000	4 668 000	5 128 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33 %	−30,49 %	22,79 %	−55,34 %
Debt-to-Equity Ratio	2,6	0,77	0,39	1,68
Operating Profit Margin	5,56 %	−1,38 %	2,74 %	−4,11 %
Current Ratio	1,63	1,18	1,4	1,73
Quick Ratio	96,92	3,65	7,64	−2 240
Equity Ratio	0,11	0,12	0,26	0,18
Gross Profit Margin	25,92 %	18,14 %	20,08 %	18,27 %