FAGSIKRING AS

1405 LANGHUS

Finances

Share Ownership

Return on Equity

36,36 %

Current Ratio

1,17

Debt-to-Equity Ratio

3,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 867 000	5 978 000	1 861 000	1 278 000
Net Income	84 000	409 000	4 000	42 000
Total Assets	1 610 000	1 967 000	493 000	360 000
Total Equity	231 000	147 000	138 000	134 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 867 000	5 978 000	1 861 000	1 278 000
Expenditure	3 682 000	5 433 000	1 851 000	1 221 000
Operating Profit	185 000	545 000	11 000	57 000
Financial Income	3 000	0	0	0
Financial Costs	51 000	21 000	3 000	3 000
Financial Balance	−48 000	−21 000	−3 000	−3 000
Earnings Before Tax	136 000	524 000	8 000	54 000
Tax	52 000	115 000	5 000	13 000
Net Income	84 000	409 000	4 000	42 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	967 000	889 000	0	0
Total Current Assets	643 000	1 077 000	493 000	360 000
Total Assets	1 610 000	1 967 000	493 000	360 000
Total Retained Equity	201 000	117 000	108 000	104 000
Total Equity	231 000	147 000	138 000	134 000
Total Long-Term Debt	830 000	682 000	0	0
Total Current Debt	550 000	1 138 000	355 000	226 000
Total Equity and Debt	1 610 000	1 967 000	493 000	360 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 103 000	5 969 000	1 861 000	1 278 000
Other Income	−236 000	9 000	0	0
Revenue	3 867 000	5 978 000	1 861 000	1 278 000
Cost of Goods Sold	1 719 000	3 272 000	329 000	203 000
Salary Costs	1 159 000	1 670 000	1 139 000	796 000
Depreciation	168 000	80 000	0	0
Impairment	0	0	0	0
Expenditure	3 682 000	5 433 000	1 851 000	1 221 000
Operating Profit	185 000	545 000	11 000	57 000
Financial Income	3 000	0	0	0
Financial Costs	51 000	21 000	3 000	3 000
Financial Balance	−48 000	−21 000	−3 000	−3 000
Dividends	0	400 000	0	0
Net Income	84 000	409 000	4 000	42 000

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	954 000	873 000	0	0
Total Tangible Assets	954 000	873 000	0	0
Total Fiancial Fixed Assets	13 000	16 000	0	0
Total Fixed Assets	967 000	889 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	421 000	975 000	316 000	150 000
Total Current Assets	643 000	1 077 000	493 000	360 000
Total Assets	1 610 000	1 967 000	493 000	360 000
Total Equity	231 000	147 000	138 000	134 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	830 000	682 000	0	0
Creditors	197 000	291 000	85 000	30 000
Unpaid Taxes	168 000	132 000	210 000	112 000
Dividends	0	400 000	0	0
Other Current Debt	109 000	227 000	56 000	71 000
Total Current Debt	550 000	1 138 000	355 000	226 000
Total Equity and Debt	1 610 000	1 967 000	493 000	360 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,36 %	278,23 %	2,9 %	31,34 %
Debt-to-Equity Ratio	3,59	4,64	0	0
Operating Profit Margin	4,78 %	9,12 %	0,59 %	4,46 %
Current Ratio	1,17	0,95	1,39	1,59
Quick Ratio	1,17	0,95	1,39	1,59
Equity Ratio	0,14	0,07	0,28	0,37
Gross Profit Margin	55,55 %	45,27 %	82,32 %	84,12 %