FORRETNING AS

7011 TRONDHEIM

Finances

Share Ownership

Return on Equity

149,05 %

Current Ratio

1,19

Debt-to-Equity Ratio

−1,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 101 000	27 059 000	27 263 000	22 801 000
Net Income	−1 258 000	229 000	−14 000	−678 000
Total Assets	4 358 000	5 015 000	4 998 000	4 158 000
Total Equity	−844 000	414 000	386 000	−644 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 101 000	27 059 000	27 263 000	22 801 000
Expenditure	25 188 000	26 614 000	27 477 000	23 377 000
Operating Profit	−1 088 000	445 000	−214 000	−575 000
Financial Income	2 000	1 000	1 000	0
Financial Costs	175 000	153 000	94 000	103 000
Financial Balance	−173 000	−152 000	−93 000	−103 000
Earnings Before Tax	−1 261 000	293 000	−307 000	−678 000
Tax	−3 000	65 000	−292 000	0
Net Income	−1 258 000	229 000	−14 000	−678 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 000	621 000	39 000	48 000
Total Current Assets	4 325 000	4 394 000	4 958 000	4 109 000
Total Assets	4 358 000	5 015 000	4 998 000	4 158 000
Total Retained Equity	−1 144 000	28 000	0	−944 000
Total Equity	−844 000	414 000	386 000	−644 000
Total Long-Term Debt	1 553 000	3 000	615 000	2 000
Total Current Debt	3 649 000	4 598 000	3 996 000	4 800 000
Total Equity and Debt	4 358 000	5 015 000	4 998 000	4 158 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 299 000	26 078 000	26 252 000	21 933 000
Other Income	802 000	981 000	1 011 000	868 000
Revenue	24 101 000	27 059 000	27 263 000	22 801 000
Cost of Goods Sold	18 516 000	20 175 000	20 897 000	17 545 000
Salary Costs	2 471 000	3 144 000	2 623 000	2 571 000
Depreciation	12 000	11 000	9 000	2 000
Impairment	0	0	0	0
Expenditure	25 188 000	26 614 000	27 477 000	23 377 000
Operating Profit	−1 088 000	445 000	−214 000	−575 000
Financial Income	2 000	1 000	1 000	0
Financial Costs	175 000	153 000	94 000	103 000
Financial Balance	−173 000	−152 000	−93 000	−103 000
Dividends	0	201 000	0	0
Net Income	−1 258 000	229 000	−14 000	−678 000

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	27 000	40 000	33 000	42 000
Total Tangible Assets	27 000	40 000	33 000	42 000
Total Fiancial Fixed Assets	6 000	581 000	6 000	6 000
Total Fixed Assets	33 000	621 000	39 000	48 000
Stock	2 141 000	2 312 000	1 761 000	1 690 000
Total Investments	0	0	0	0
Cash, Bank	760 000	694 000	523 000	1 174 000
Total Current Assets	4 325 000	4 394 000	4 958 000	4 109 000
Total Assets	4 358 000	5 015 000	4 998 000	4 158 000
Total Equity	−844 000	414 000	386 000	−644 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 553 000	3 000	615 000	2 000
Creditors	3 126 000	3 832 000	2 334 000	4 230 000
Unpaid Taxes	147 000	155 000	200 000	196 000
Dividends	0	201 000	0	0
Other Current Debt	377 000	432 000	1 462 000	374 000
Total Current Debt	3 649 000	4 598 000	3 996 000	4 800 000
Total Equity and Debt	4 358 000	5 015 000	4 998 000	4 158 000

Financial indicators	2022	2021	2020	2019
Return on Equity	149,05 %	55,31 %	−3,63 %	105,28 %
Debt-to-Equity Ratio	−1,84	0,01	1,59	−0
Operating Profit Margin	−4,51 %	1,64 %	−0,78 %	−2,52 %
Current Ratio	1,19	0,96	1,24	0,86
Quick Ratio	2,87	1,92	2,22	1,32
Equity Ratio	−0,19	0,08	0,08	−0,15
Gross Profit Margin	23,17 %	25,44 %	23,35 %	23,05 %