FINSTAD ENGROS AS

3070 SANDE I VESTFOLD

Finances

Share Ownership

Return on Equity

44,26 %

Current Ratio

1,11

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	177 262 000	153 909 000	158 412 000	133 636 000
Net Income	3 040 000	3 352 000	4 613 000	2 597 000
Total Assets	22 373 000	22 147 000	26 165 000	24 236 000
Total Equity	6 868 000	6 353 000	6 520 000	4 636 000

Income (NOK)	2022	2021	2020	2019
Revenue	177 262 000	153 909 000	158 412 000	133 636 000
Expenditure	173 005 000	152 319 000	152 395 000	130 256 000
Operating Profit	4 257 000	1 590 000	6 017 000	3 380 000
Financial Income	125 000	2 296 000	148 000	107 000
Financial Costs	486 000	200 000	225 000	154 000
Financial Balance	−361 000	2 096 000	−77 000	−47 000
Earnings Before Tax	3 897 000	3 686 000	5 940 000	3 332 000
Tax	857 000	334 000	1 327 000	735 000
Net Income	3 040 000	3 352 000	4 613 000	2 597 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 583 000	5 651 000	9 789 000	10 143 000
Total Current Assets	16 790 000	16 495 000	16 376 000	14 093 000
Total Assets	22 373 000	22 147 000	26 165 000	24 236 000
Total Retained Equity	3 868 000	3 353 000	3 520 000	1 636 000
Total Equity	6 868 000	6 353 000	6 520 000	4 636 000
Total Long-Term Debt	444 000	1 384 000	5 948 000	5 565 000
Total Current Debt	15 061 000	14 410 000	13 698 000	14 035 000
Total Equity and Debt	22 373 000	22 147 000	26 165 000	24 236 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	176 401 000	153 803 000	157 858 000	132 969 000
Other Income	860 000	105 000	554 000	667 000
Revenue	177 262 000	153 909 000	158 412 000	133 636 000
Cost of Goods Sold	143 321 000	126 955 000	129 624 000	109 698 000
Salary Costs	15 773 000	13 708 000	12 266 000	10 079 000
Depreciation	856 000	978 000	903 000	960 000
Impairment	0	0	0	0
Expenditure	173 005 000	152 319 000	152 395 000	130 256 000
Operating Profit	4 257 000	1 590 000	6 017 000	3 380 000
Financial Income	125 000	2 296 000	148 000	107 000
Financial Costs	486 000	200 000	225 000	154 000
Financial Balance	−361 000	2 096 000	−77 000	−47 000
Dividends	0	0	0	0
Net Income	3 040 000	3 352 000	4 613 000	2 597 000

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	1 536 000	1 680 000	1 825 000	1 859 000
Fixtures	3 262 000	3 242 000	3 348 000	3 597 000
Total Tangible Assets	4 798 000	4 922 000	5 172 000	5 456 000
Total Fiancial Fixed Assets	785 000	729 000	4 616 000	4 687 000
Total Fixed Assets	5 583 000	5 651 000	9 789 000	10 143 000
Stock	4 313 000	2 950 000	3 713 000	2 145 000
Total Investments	0	0	0	0
Cash, Bank	325 000	1 514 000	2 000 000	538 000
Total Current Assets	16 790 000	16 495 000	16 376 000	14 093 000
Total Assets	22 373 000	22 147 000	26 165 000	24 236 000
Total Equity	6 868 000	6 353 000	6 520 000	4 636 000
Short-Term Group Debt	3 236 000	3 700 000	3 500 000	2 500 000
Total Long-Term Debt	444 000	1 384 000	5 948 000	5 565 000
Creditors	6 534 000	5 622 000	5 524 000	6 905 000
Unpaid Taxes	2 688 000	2 917 000	1 967 000	1 525 000
Dividends	0	0	0	0
Other Current Debt	2 603 000	2 171 000	2 168 000	1 587 000
Total Current Debt	15 061 000	14 410 000	13 698 000	14 035 000
Total Equity and Debt	22 373 000	22 147 000	26 165 000	24 236 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,26 %	52,76 %	70,75 %	56,02 %
Debt-to-Equity Ratio	0,06	0,22	0,91	1,2
Operating Profit Margin	2,4 %	1,03 %	3,8 %	2,53 %
Current Ratio	1,11	1,14	1,2	1
Quick Ratio	1,56	1,44	1,64	1,19
Equity Ratio	0,31	0,29	0,25	0,19
Gross Profit Margin	19,15 %	17,51 %	18,17 %	17,91 %