FINSTAD BIL AS

3219 SANDEFJORD

Finances

Share Ownership

Return on Equity

−2,48 %

Current Ratio

1,36

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	43 633 000	57 123 000	48 268 000	39 368 000
Net Income	−90 000	1 075 000	2 131 000	829 000
Total Assets	13 315 000	12 781 000	11 923 000	13 031 000
Total Equity	3 624 000	3 714 000	2 661 000	604 000

Income (NOK)	2022	2021	2020	2019
Revenue	43 633 000	57 123 000	48 268 000	39 368 000
Expenditure	43 359 000	55 488 000	45 231 000	38 065 000
Operating Profit	275 000	1 634 000	3 038 000	1 303 000
Financial Income	0	0	0	4 000
Financial Costs	311 000	258 000	301 000	290 000
Financial Balance	−311 000	−258 000	−301 000	−286 000
Earnings Before Tax	−35 000	1 377 000	2 737 000	1 017 000
Tax	55 000	302 000	606 000	187 000
Net Income	−90 000	1 075 000	2 131 000	829 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 035 000	1 084 000	269 000	1 359 000
Total Current Assets	12 280 000	11 698 000	11 654 000	11 672 000
Total Assets	13 315 000	12 781 000	11 923 000	13 031 000
Total Retained Equity	3 594 000	3 684 000	2 631 000	574 000
Total Equity	3 624 000	3 714 000	2 661 000	604 000
Total Long-Term Debt	630 000	870 000	1 562 000	3 522 000
Total Current Debt	9 060 000	8 197 000	7 700 000	8 905 000
Total Equity and Debt	13 315 000	12 781 000	11 923 000	13 031 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	42 753 000	57 100 000	48 141 000	39 259 000
Other Income	880 000	23 000	127 000	110 000
Revenue	43 633 000	57 123 000	48 268 000	39 368 000
Cost of Goods Sold	36 994 000	49 626 000	41 001 000	33 861 000
Salary Costs	4 221 000	4 014 000	2 604 000	2 747 000
Depreciation	304 000	188 000	77 000	110 000
Impairment	0	0	0	0
Expenditure	43 359 000	55 488 000	45 231 000	38 065 000
Operating Profit	275 000	1 634 000	3 038 000	1 303 000
Financial Income	0	0	0	4 000
Financial Costs	311 000	258 000	301 000	290 000
Financial Balance	−311 000	−258 000	−301 000	−286 000
Dividends	0	0	0	0
Net Income	−90 000	1 075 000	2 131 000	829 000

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	678 000	0	0	57 000
Fixtures	117 000	1 078 000	158 000	203 000
Total Tangible Assets	794 000	1 078 000	158 000	260 000
Total Fiancial Fixed Assets	240 000	6 000	111 000	1 099 000
Total Fixed Assets	1 035 000	1 084 000	269 000	1 359 000
Stock	11 655 000	11 008 000	10 549 000	10 756 000
Total Investments	0	0	0	0
Cash, Bank	455 000	281 000	119 000	213 000
Total Current Assets	12 280 000	11 698 000	11 654 000	11 672 000
Total Assets	13 315 000	12 781 000	11 923 000	13 031 000
Total Equity	3 624 000	3 714 000	2 661 000	604 000
Short-Term Group Debt	0	27 000	95 000	244 000
Total Long-Term Debt	630 000	870 000	1 562 000	3 522 000
Creditors	8 015 000	6 947 000	6 200 000	7 113 000
Unpaid Taxes	222 000	324 000	197 000	262 000
Dividends	0	0	0	0
Other Current Debt	763 000	610 000	623 000	775 000
Total Current Debt	9 060 000	8 197 000	7 700 000	8 905 000
Total Equity and Debt	13 315 000	12 781 000	11 923 000	13 031 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,48 %	28,94 %	80,08 %	137,25 %
Debt-to-Equity Ratio	0,17	0,23	0,59	5,83
Operating Profit Margin	0,63 %	2,86 %	6,29 %	3,31 %
Current Ratio	1,36	1,43	1,51	1,31
Quick Ratio	−4,73	−4,16	−4,09	−6,31
Equity Ratio	0,27	0,29	0,22	0,05
Gross Profit Margin	15,22 %	13,12 %	15,06 %	13,99 %