FERNO NORDEN GROUP AS

3185 SKOPPUM

Finances

Return on Equity

−28,09 %

Current Ratio

1,16

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	94 543 000	98 112 000	111 638 000	107 419 000
Net Income	−2 999 000	−958 000	364 000	−4 462 000
Total Assets	42 104 000	38 976 000	32 665 000	45 460 000
Total Equity	10 676 000	10 951 000	12 036 000	11 443 000

Income (NOK)	2022	2021	2020	2019
Revenue	94 543 000	98 112 000	111 638 000	107 419 000
Expenditure	95 761 000	95 906 000	110 582 000	114 032 000
Operating Profit	−1 219 000	2 206 000	1 054 000	−6 612 000
Financial Income	1 870 000	4 900 000	2 581 000	912 000
Financial Costs	3 014 000	5 641 000	2 359 000	1 978 000
Financial Balance	−1 144 000	−741 000	222 000	−1 066 000
Earnings Before Tax	−2 363 000	1 465 000	1 276 000	−7 678 000
Tax	636 000	2 423 000	912 000	−3 216 000
Net Income	−2 999 000	−958 000	364 000	−4 462 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 072 000	7 533 000	10 003 000	10 981 000
Total Current Assets	34 032 000	31 444 000	22 663 000	34 479 000
Total Assets	42 104 000	38 976 000	32 665 000	45 460 000
Total Retained Equity	−16 103 000	−16 049 000	−14 964 000	−15 557 000
Total Equity	10 676 000	10 951 000	12 036 000	11 443 000
Total Long-Term Debt	2 212 000	1 024 000	669 000	159 000
Total Current Debt	29 217 000	27 001 000	19 959 000	33 859 000
Total Equity and Debt	42 104 000	38 976 000	32 665 000	45 460 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	94 142 000	97 089 000	110 703 000	107 390 000
Other Income	401 000	1 023 000	935 000	29 000
Revenue	94 543 000	98 112 000	111 638 000	107 419 000
Cost of Goods Sold	53 893 000	52 275 000	59 613 000	63 085 000
Salary Costs	26 157 000	27 944 000	33 948 000	31 619 000
Depreciation	788 000	1 220 000	1 477 000	2 320 000
Impairment	0	0	0	0
Expenditure	95 761 000	95 906 000	110 582 000	114 032 000
Operating Profit	−1 219 000	2 206 000	1 054 000	−6 612 000
Financial Income	1 870 000	4 900 000	2 581 000	912 000
Financial Costs	3 014 000	5 641 000	2 359 000	1 978 000
Financial Balance	−1 144 000	−741 000	222 000	−1 066 000
Dividends	0	0	0	0
Net Income	−2 999 000	−958 000	364 000	−4 462 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 680 000	6 137 000	8 828 000	9 830 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 392 000	1 396 000	1 174 000	1 151 000
Total Tangible Assets	2 392 000	1 396 000	1 174 000	1 151 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 072 000	7 533 000	10 003 000	10 981 000
Stock	15 323 000	15 783 000	9 607 000	13 793 000
Total Investments	0	0	0	0
Cash, Bank	575 000	683 000	2 030 000	1 480 000
Total Current Assets	34 032 000	31 444 000	22 663 000	34 479 000
Total Assets	42 104 000	38 976 000	32 665 000	45 460 000
Total Equity	10 676 000	10 951 000	12 036 000	11 443 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 212 000	1 024 000	669 000	159 000
Creditors	5 666 000	8 108 000	5 824 000	16 165 000
Unpaid Taxes	6 931 000	5 675 000	6 496 000	5 454 000
Dividends	0	0	0	0
Other Current Debt	11 213 000	7 413 000	5 399 000	8 061 000
Total Current Debt	29 217 000	27 001 000	19 959 000	33 859 000
Total Equity and Debt	42 104 000	38 976 000	32 665 000	45 460 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−28,09 %	−8,75 %	3,02 %	−38,99 %
Debt-to-Equity Ratio	0,21	0,09	0,06	0,01
Operating Profit Margin	−1,29 %	2,25 %	0,94 %	−6,16 %
Current Ratio	1,16	1,16	1,14	1,02
Quick Ratio	2,45	2,8	2,19	1,72
Equity Ratio	0,25	0,28	0,37	0,25
Gross Profit Margin	43 %	46,72 %	46,6 %	41,27 %