FINSTAD & JØRGENSEN AS

1394 NESBRU

Finances

Share Ownership

Return on Equity

40,5 %

Current Ratio

1,39

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	298 746 000	239 191 000	341 051 000	326 072 000
Net Income	15 403 000	12 673 000	16 033 000	18 628 000
Total Assets	121 895 000	83 336 000	90 654 000	114 758 000
Total Equity	38 030 000	36 627 000	23 955 000	7 921 000

Income (NOK)	2022	2021	2020	2019
Revenue	298 746 000	239 191 000	341 051 000	326 072 000
Expenditure	279 126 000	227 666 000	320 793 000	305 081 000
Operating Profit	19 620 000	11 525 000	20 258 000	20 991 000
Financial Income	159 000	3 758 000	301 000	303 000
Financial Costs	12 000	10 000	26 000	25 000
Financial Balance	147 000	3 748 000	275 000	278 000
Earnings Before Tax	19 767 000	15 274 000	20 532 000	21 269 000
Tax	4 364 000	2 601 000	4 499 000	2 641 000
Net Income	15 403 000	12 673 000	16 033 000	18 628 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 231 000	12 266 000	11 720 000	12 437 000
Total Current Assets	110 664 000	71 069 000	78 933 000	102 320 000
Total Assets	121 895 000	83 336 000	90 654 000	114 758 000
Total Retained Equity	37 030 000	35 627 000	22 955 000	6 921 000
Total Equity	38 030 000	36 627 000	23 955 000	7 921 000
Total Long-Term Debt	4 233 000	5 908 000	25 298 000	37 200 000
Total Current Debt	79 632 000	40 801 000	41 402 000	69 637 000
Total Equity and Debt	121 895 000	83 336 000	90 654 000	114 758 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	298 375 000	238 020 000	338 901 000	325 341 000
Other Income	371 000	1 171 000	2 150 000	731 000
Revenue	298 746 000	239 191 000	341 051 000	326 072 000
Cost of Goods Sold	195 636 000	155 817 000	251 896 000	240 481 000
Salary Costs	62 413 000	55 422 000	50 438 000	47 250 000
Depreciation	3 007 000	2 769 000	2 560 000	2 268 000
Impairment	0	0	0	0
Expenditure	279 126 000	227 666 000	320 793 000	305 081 000
Operating Profit	19 620 000	11 525 000	20 258 000	20 991 000
Financial Income	159 000	3 758 000	301 000	303 000
Financial Costs	12 000	10 000	26 000	25 000
Financial Balance	147 000	3 748 000	275 000	278 000
Dividends	14 000 000	0	0	0
Net Income	15 403 000	12 673 000	16 033 000	18 628 000

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	10 831 000	10 866 000	11 305 000	12 022 000
Total Tangible Assets	10 831 000	10 866 000	11 305 000	12 022 000
Total Fiancial Fixed Assets	400 000	1 400 000	415 000	415 000
Total Fixed Assets	11 231 000	12 266 000	11 720 000	12 437 000
Stock	213 000	180 000	160 000	136 000
Total Investments	0	0	0	0
Cash, Bank	37 582 000	22 727 000	16 237 000	38 492 000
Total Current Assets	110 664 000	71 069 000	78 933 000	102 320 000
Total Assets	121 895 000	83 336 000	90 654 000	114 758 000
Total Equity	38 030 000	36 627 000	23 955 000	7 921 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 233 000	5 908 000	25 298 000	37 200 000
Creditors	57 633 000	25 240 000	28 670 000	53 175 000
Unpaid Taxes	10 472 000	8 189 000	7 590 000	8 573 000
Dividends	14 000 000	0	0	0
Other Current Debt	5 488 000	4 970 000	4 741 000	4 835 000
Total Current Debt	79 632 000	40 801 000	41 402 000	69 637 000
Total Equity and Debt	121 895 000	83 336 000	90 654 000	114 758 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,5 %	34,6 %	66,93 %	235,17 %
Debt-to-Equity Ratio	0,11	0,16	1,06	4,7
Operating Profit Margin	6,57 %	4,82 %	5,94 %	6,44 %
Current Ratio	1,39	1,74	1,91	1,47
Quick Ratio	1,39	1,75	1,91	1,47
Equity Ratio	0,31	0,44	0,26	0,07
Gross Profit Margin	34,51 %	34,86 %	26,14 %	26,25 %