FINNØY CONTRACTING AS

4160 FINNØY

Finances

Share Ownership

Return on Equity

55,33 %

Current Ratio

1,38

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 563 000	21 326 000	15 066 000	16 900 000
Net Income	1 137 000	1 918 000	1 398 000	1 960 000
Total Assets	5 575 000	6 932 000	6 298 000	6 940 000
Total Equity	2 055 000	1 918 000	3 000 000	3 202 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 563 000	21 326 000	15 066 000	16 900 000
Expenditure	15 106 000	18 857 000	13 262 000	14 366 000
Operating Profit	1 457 000	2 468 000	1 804 000	2 534 000
Financial Income	9 000	3 000	5 000	2 000
Financial Costs	9 000	11 000	16 000	21 000
Financial Balance	0	−8 000	−11 000	−19 000
Earnings Before Tax	1 458 000	2 461 000	1 793 000	2 514 000
Tax	321 000	542 000	395 000	555 000
Net Income	1 137 000	1 918 000	1 398 000	1 960 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	895 000	1 157 000	1 041 000	1 017 000
Total Current Assets	4 681 000	5 776 000	5 257 000	5 923 000
Total Assets	5 575 000	6 932 000	6 298 000	6 940 000
Total Retained Equity	1 955 000	1 818 000	2 900 000	3 102 000
Total Equity	2 055 000	1 918 000	3 000 000	3 202 000
Total Long-Term Debt	123 000	215 000	321 000	417 000
Total Current Debt	3 397 000	4 799 000	2 978 000	3 321 000
Total Equity and Debt	5 575 000	6 932 000	6 298 000	6 940 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 563 000	21 326 000	15 066 000	16 900 000
Other Income	0	0	0	0
Revenue	16 563 000	21 326 000	15 066 000	16 900 000
Cost of Goods Sold	8 100 000	12 290 000	7 371 000	9 087 000
Salary Costs	4 439 000	4 265 000	4 135 000	3 630 000
Depreciation	318 000	290 000	238 000	173 000
Impairment	0	0	0	0
Expenditure	15 106 000	18 857 000	13 262 000	14 366 000
Operating Profit	1 457 000	2 468 000	1 804 000	2 534 000
Financial Income	9 000	3 000	5 000	2 000
Financial Costs	9 000	11 000	16 000	21 000
Financial Balance	0	−8 000	−11 000	−19 000
Dividends	1 000 000	3 000 000	1 600 000	0
Net Income	1 137 000	1 918 000	1 398 000	1 960 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	36 000	8 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	574 000	738 000	857 000	894 000
Total Tangible Assets	574 000	738 000	857 000	894 000
Total Fiancial Fixed Assets	284 000	411 000	184 000	123 000
Total Fixed Assets	895 000	1 157 000	1 041 000	1 017 000
Stock	26 000	26 000	26 000	26 000
Total Investments	0	0	0	0
Cash, Bank	4 038 000	4 521 000	3 110 000	3 043 000
Total Current Assets	4 681 000	5 776 000	5 257 000	5 923 000
Total Assets	5 575 000	6 932 000	6 298 000	6 940 000
Total Equity	2 055 000	1 918 000	3 000 000	3 202 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	123 000	215 000	321 000	417 000
Creditors	565 000	886 000	1 277 000	1 345 000
Unpaid Taxes	694 000	730 000	498 000	697 000
Dividends	1 000 000	3 000 000	1 600 000	0
Other Current Debt	789 000	820 000	804 000	729 000
Total Current Debt	3 397 000	4 799 000	2 978 000	3 321 000
Total Equity and Debt	5 575 000	6 932 000	6 298 000	6 940 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,33 %	100 %	46,6 %	61,21 %
Debt-to-Equity Ratio	0,06	0,11	0,11	0,13
Operating Profit Margin	8,8 %	11,57 %	11,97 %	14,99 %
Current Ratio	1,38	1,2	1,77	1,78
Quick Ratio	1,39	1,21	1,78	1,8
Equity Ratio	0,37	0,28	0,48	0,46
Gross Profit Margin	51,1 %	42,37 %	51,08 %	46,23 %