FÅVANG ELEKTRO AS

2634 FÅVANG

Finances

Return on Equity

35,13 %

Current Ratio

1,68

Debt-to-Equity Ratio

0,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 826 000	28 305 000	22 020 000	23 592 000
Net Income	1 343 000	3 297 000	1 409 000	2 697 000
Total Assets	14 908 000	14 166 000	11 182 000	12 392 000
Total Equity	3 823 000	2 480 000	2 183 000	1 774 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 826 000	28 305 000	22 020 000	23 592 000
Expenditure	30 050 000	23 985 000	20 098 000	19 973 000
Operating Profit	1 776 000	4 319 000	1 922 000	3 619 000
Financial Income	66 000	16 000	13 000	39 000
Financial Costs	120 000	108 000	129 000	156 000
Financial Balance	−54 000	−92 000	−116 000	−117 000
Earnings Before Tax	1 722 000	4 227 000	1 807 000	3 502 000
Tax	379 000	930 000	398 000	805 000
Net Income	1 343 000	3 297 000	1 409 000	2 697 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	377 000	368 000	223 000	152 000
Total Current Assets	14 531 000	13 798 000	10 959 000	12 240 000
Total Assets	14 908 000	14 166 000	11 182 000	12 392 000
Total Retained Equity	3 573 000	2 230 000	1 933 000	1 525 000
Total Equity	3 823 000	2 480 000	2 183 000	1 774 000
Total Long-Term Debt	2 454 000	2 563 000	2 819 000	2 891 000
Total Current Debt	8 632 000	9 124 000	6 180 000	7 727 000
Total Equity and Debt	14 908 000	14 166 000	11 182 000	12 392 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 526 000	28 305 000	22 020 000	23 592 000
Other Income	300 000	0	0	0
Revenue	31 826 000	28 305 000	22 020 000	23 592 000
Cost of Goods Sold	14 920 000	10 963 000	9 254 000	9 229 000
Salary Costs	10 671 000	9 659 000	8 073 000	8 168 000
Depreciation	103 000	63 000	59 000	143 000
Impairment	0	0	0	0
Expenditure	30 050 000	23 985 000	20 098 000	19 973 000
Operating Profit	1 776 000	4 319 000	1 922 000	3 619 000
Financial Income	66 000	16 000	13 000	39 000
Financial Costs	120 000	108 000	129 000	156 000
Financial Balance	−54 000	−92 000	−116 000	−117 000
Dividends	0	3 000 000	1 000 000	3 000 000
Net Income	1 343 000	3 297 000	1 409 000	2 697 000

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	176 000	238 000	41 000	68 000
Fixtures	154 000	68 000	106 000	74 000
Total Tangible Assets	330 000	306 000	148 000	142 000
Total Fiancial Fixed Assets	47 000	61 000	76 000	10 000
Total Fixed Assets	377 000	368 000	223 000	152 000
Stock	2 021 000	1 364 000	993 000	920 000
Total Investments	0	0	0	0
Cash, Bank	802 000	3 699 000	1 745 000	3 451 000
Total Current Assets	14 531 000	13 798 000	10 959 000	12 240 000
Total Assets	14 908 000	14 166 000	11 182 000	12 392 000
Total Equity	3 823 000	2 480 000	2 183 000	1 774 000
Short-Term Group Debt	911 000	0	0	268 000
Total Long-Term Debt	2 454 000	2 563 000	2 819 000	2 891 000
Creditors	3 815 000	1 105 000	1 579 000	1 090 000
Unpaid Taxes	2 485 000	2 982 000	2 389 000	1 911 000
Dividends	0	3 000 000	1 000 000	3 000 000
Other Current Debt	1 129 000	1 046 000	936 000	747 000
Total Current Debt	8 632 000	9 124 000	6 180 000	7 727 000
Total Equity and Debt	14 908 000	14 166 000	11 182 000	12 392 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,13 %	132,94 %	64,54 %	152,03 %
Debt-to-Equity Ratio	0,64	1,03	1,29	1,63
Operating Profit Margin	5,58 %	15,26 %	8,73 %	15,34 %
Current Ratio	1,68	1,51	1,77	1,58
Quick Ratio	2,2	1,78	2,11	1,8
Equity Ratio	0,26	0,18	0,2	0,14
Gross Profit Margin	53,12 %	61,27 %	57,97 %	60,88 %