FAGERTUNVEGEN AS

3264 LARVIK

Finances

Share Ownership

Return on Equity

74,13 %

Current Ratio

4,64

Debt-to-Equity Ratio

8,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	100 624 000	19 786 000	321 000	391 000
Net Income	7 900 000	2 554 000	212 000	285 000
Total Assets	128 130 000	50 471 000	25 895 000	22 741 000
Total Equity	10 657 000	2 757 000	203 000	−9 000

Income (NOK)	2022	2021	2020	2019
Revenue	100 624 000	19 786 000	321 000	391 000
Expenditure	90 496 000	16 511 000	49 000	26 000
Operating Profit	10 128 000	3 275 000	272 000	365 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	10 128 000	3 274 000	272 000	365 000
Tax	2 228 000	720 000	60 000	80 000
Net Income	7 900 000	2 554 000	212 000	285 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	18 145 000	18 158 000
Total Current Assets	128 130 000	50 471 000	7 751 000	4 582 000
Total Assets	128 130 000	50 471 000	25 895 000	22 741 000
Total Retained Equity	10 627 000	2 727 000	173 000	−39 000
Total Equity	10 657 000	2 757 000	203 000	−9 000
Total Long-Term Debt	89 832 000	27 979 000	25 528 000	22 317 000
Total Current Debt	27 642 000	19 735 000	165 000	433 000
Total Equity and Debt	128 130 000	50 471 000	25 895 000	22 741 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	100 624 000	19 786 000	−39 000	0
Other Income	0	0	360 000	391 000
Revenue	100 624 000	19 786 000	321 000	391 000
Cost of Goods Sold	90 426 000	16 466 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	90 496 000	16 511 000	49 000	26 000
Operating Profit	10 128 000	3 275 000	272 000	365 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	7 900 000	2 554 000	212 000	285 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	14 000
Real Eastate	0	0	18 145 000	18 145 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	18 145 000	18 145 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	18 145 000	18 158 000
Stock	11 000	27 070 000	6 579 000	3 839 000
Total Investments	0	0	0	0
Cash, Bank	6 808 000	2 766 000	366 000	297 000
Total Current Assets	128 130 000	50 471 000	7 751 000	4 582 000
Total Assets	128 130 000	50 471 000	25 895 000	22 741 000
Total Equity	10 657 000	2 757 000	203 000	−9 000
Short-Term Group Debt	16 209 000	14 891 000	0	0
Total Long-Term Debt	89 832 000	27 979 000	25 528 000	22 317 000
Creditors	11 038 000	4 340 000	162 000	433 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	395 000	504 000	2 000	0
Total Current Debt	27 642 000	19 735 000	165 000	433 000
Total Equity and Debt	128 130 000	50 471 000	25 895 000	22 741 000

Financial indicators	2022	2021	2020	2019
Return on Equity	74,13 %	92,64 %	104,43 %	−3 166,67 %
Debt-to-Equity Ratio	8,43	10,15	125,75	−2 479,67
Operating Profit Margin	10,07 %	16,55 %	84,74 %	93,35 %
Current Ratio	4,64	2,56	46,98	10,58
Quick Ratio	4,64	−6,88	−1,21	−1,35
Equity Ratio	0,08	0,05	0,01	−0
Gross Profit Margin	10,13 %	16,78 %	100 %	100 %