FJELLNETT AS

2680 VÅGÅ

Finances

Return on Equity

13,83 %

Current Ratio

1,5

Debt-to-Equity Ratio

0,84

Key figures (NOK)	2022	2021	2020
Revenue	187 311 000	182 485 000	158 746 000
Net Income	33 803 000	13 595 000	14 974 000
Total Assets	503 436 000	450 783 000	495 730 000
Total Equity	244 416 000	219 122 000	200 529 000

Income (NOK)	2022	2021	2020
Revenue	187 311 000	182 485 000	158 746 000
Expenditure	138 297 000	159 857 000	131 270 000
Operating Profit	49 013 000	22 628 000	27 476 000
Financial Income	798 000	234 000	251 000
Financial Costs	6 428 000	5 368 000	8 529 000
Financial Balance	−5 630 000	−5 134 000	−8 278 000
Earnings Before Tax	43 384 000	17 494 000	19 198 000
Tax	9 580 000	3 899 000	4 224 000
Net Income	33 803 000	13 595 000	14 974 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	423 212 000	390 236 000	369 265 000
Total Current Assets	80 224 000	60 547 000	126 465 000
Total Assets	503 436 000	450 783 000	495 730 000
Total Retained Equity	56 675 000	32 871 000	19 277 000
Total Equity	244 416 000	219 122 000	200 529 000
Total Long-Term Debt	205 688 000	183 432 000	241 286 000
Total Current Debt	53 332 000	48 229 000	53 916 000
Total Equity and Debt	503 436 000	450 783 000	495 730 000

Cash flow (NOK)	2022	2021	2020
Sales Income	175 185 000	171 526 000	151 349 000
Other Income	12 125 000	10 960 000	7 398 000
Revenue	187 311 000	182 485 000	158 746 000
Cost of Goods Sold	59 227 000	74 809 000	50 796 000
Salary Costs	28 798 000	32 881 000	31 857 000
Depreciation	15 272 000	16 945 000	16 420 000
Impairment	0	0	0
Expenditure	138 297 000	159 857 000	131 270 000
Operating Profit	49 013 000	22 628 000	27 476 000
Financial Income	798 000	234 000	251 000
Financial Costs	6 428 000	5 368 000	8 529 000
Financial Balance	−5 630 000	−5 134 000	−8 278 000
Dividends	10 000 000	0	14 000 000
Net Income	33 803 000	13 595 000	14 974 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	547 000	509 000	436 000
Real Eastate	11 250 000	11 347 000	10 636 000
Machinery and Plant Facilities	387 356 000	357 915 000	341 474 000
Fixtures	18 950 000	16 097 000	13 651 000
Total Tangible Assets	417 556 000	385 359 000	365 761 000
Total Fiancial Fixed Assets	5 109 000	4 367 000	3 067 000
Total Fixed Assets	423 212 000	390 236 000	369 265 000
Stock	8 141 000	5 440 000	4 776 000
Total Investments	0	0	0
Cash, Bank	1 872 000	1 775 000	1 654 000
Total Current Assets	80 224 000	60 547 000	126 465 000
Total Assets	503 436 000	450 783 000	495 730 000
Total Equity	244 416 000	219 122 000	200 529 000
Short-Term Group Debt	13 692 000	5 052 000	3 292 000
Total Long-Term Debt	205 688 000	183 432 000	241 286 000
Creditors	6 222 000	5 096 000	2 553 000
Unpaid Taxes	17 219 000	17 889 000	16 949 000
Dividends	10 000 000	0	14 000 000
Other Current Debt	6 199 000	20 193 000	17 121 000
Total Current Debt	53 332 000	48 229 000	53 916 000
Total Equity and Debt	503 436 000	450 783 000	495 730 000

Financial indicators	2022	2021	2020
Return on Equity	13,83 %	6,2 %	7,47 %
Debt-to-Equity Ratio	0,84	0,84	1,2
Operating Profit Margin	26,17 %	12,4 %	17,31 %
Current Ratio	1,5	1,26	2,35
Quick Ratio	1,78	1,42	2,57
Equity Ratio	0,49	0,49	0,4
Gross Profit Margin	68,38 %	59,01 %	68 %