FINNS GLASS AS

4019 STAVANGER

Finances

Share Ownership

Return on Equity

16,29 %

Current Ratio

2,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 634 000	9 430 000	9 883 000	11 977 000
Net Income	817 000	861 000	939 000	884 000
Total Assets	8 181 000	7 909 000	7 534 000	7 493 000
Total Equity	5 014 000	5 497 000	5 336 000	5 097 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 634 000	9 430 000	9 883 000	11 977 000
Expenditure	9 625 000	8 341 000	8 699 000	10 870 000
Operating Profit	1 010 000	1 089 000	1 184 000	1 108 000
Financial Income	38 000	14 000	20 000	27 000
Financial Costs	0	0	0	1 000
Financial Balance	38 000	14 000	20 000	26 000
Earnings Before Tax	1 047 000	1 103 000	1 204 000	1 133 000
Tax	230 000	243 000	265 000	249 000
Net Income	817 000	861 000	939 000	884 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	128 000	116 000	160 000	209 000
Total Current Assets	8 053 000	7 793 000	7 373 000	7 283 000
Total Assets	8 181 000	7 909 000	7 534 000	7 493 000
Total Retained Equity	4 914 000	5 397 000	5 236 000	4 997 000
Total Equity	5 014 000	5 497 000	5 336 000	5 097 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 167 000	2 412 000	2 198 000	2 396 000
Total Equity and Debt	8 181 000	7 909 000	7 534 000	7 493 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 634 000	9 430 000	9 883 000	11 977 000
Other Income	0	0	0	0
Revenue	10 634 000	9 430 000	9 883 000	11 977 000
Cost of Goods Sold	3 764 000	2 731 000	3 119 000	5 122 000
Salary Costs	4 701 000	4 522 000	4 394 000	4 529 000
Depreciation	38 000	41 000	51 000	35 000
Impairment	0	0	0	0
Expenditure	9 625 000	8 341 000	8 699 000	10 870 000
Operating Profit	1 010 000	1 089 000	1 184 000	1 108 000
Financial Income	38 000	14 000	20 000	27 000
Financial Costs	0	0	0	1 000
Financial Balance	38 000	14 000	20 000	26 000
Dividends	1 300 000	700 000	700 000	600 000
Net Income	817 000	861 000	939 000	884 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	32 000	32 000	35 000	33 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	96 000	84 000	125 000	176 000
Total Tangible Assets	96 000	84 000	125 000	176 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	128 000	116 000	160 000	209 000
Stock	389 000	358 000	234 000	242 000
Total Investments	0	0	0	0
Cash, Bank	6 436 000	6 861 000	6 593 000	5 893 000
Total Current Assets	8 053 000	7 793 000	7 373 000	7 283 000
Total Assets	8 181 000	7 909 000	7 534 000	7 493 000
Total Equity	5 014 000	5 497 000	5 336 000	5 097 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	652 000	397 000	216 000	687 000
Unpaid Taxes	541 000	660 000	602 000	484 000
Dividends	1 300 000	700 000	700 000	600 000
Other Current Debt	443 000	416 000	413 000	381 000
Total Current Debt	3 167 000	2 412 000	2 198 000	2 396 000
Total Equity and Debt	8 181 000	7 909 000	7 534 000	7 493 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,29 %	15,66 %	17,6 %	17,34 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,5 %	11,55 %	11,98 %	9,25 %
Current Ratio	2,54	3,23	3,35	3,04
Quick Ratio	2,9	3,79	3,75	3,38
Equity Ratio	0,61	0,7	0,71	0,68
Gross Profit Margin	64,6 %	71,04 %	68,44 %	57,23 %