FAGRØR AS

6010 ÅLESUND

Finances

Return on Equity

−8,27 %

Current Ratio

1,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	23 061 000	24 968 000	25 233 000
Net Income	−303 000	156 000	757 000
Total Assets	7 482 000	8 360 000	8 735 000
Total Equity	3 666 000	3 969 000	4 313 000

Income (NOK)	2022	2021	2020
Revenue	23 061 000	24 968 000	25 233 000
Expenditure	23 281 000	24 833 000	24 295 000
Operating Profit	−337 000	226 000	885 000
Financial Income	30 000	5 000	46 000
Financial Costs	82 000	31 000	45 000
Financial Balance	−52 000	−26 000	1 000
Earnings Before Tax	−389 000	200 000	887 000
Tax	−86 000	44 000	130 000
Net Income	−303 000	156 000	757 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 888 000	3 115 000	3 594 000
Total Current Assets	5 594 000	5 245 000	5 141 000
Total Assets	7 482 000	8 360 000	8 735 000
Total Retained Equity	3 636 000	3 939 000	4 283 000
Total Equity	3 666 000	3 969 000	4 313 000
Total Long-Term Debt	0	139 000	12 000
Total Current Debt	3 816 000	4 251 000	4 410 000
Total Equity and Debt	7 482 000	8 360 000	8 735 000

Cash flow (NOK)	2022	2021	2020
Sales Income	23 061 000	24 652 000	24 842 000
Other Income	0	317 000	390 000
Revenue	23 061 000	24 968 000	25 233 000
Cost of Goods Sold	9 406 000	11 831 000	12 029 000
Salary Costs	9 505 000	9 170 000	8 589 000
Depreciation	107 000	107 000	107 000
Impairment	0	0	0
Expenditure	23 281 000	24 833 000	24 295 000
Operating Profit	−337 000	226 000	885 000
Financial Income	30 000	5 000	46 000
Financial Costs	82 000	31 000	45 000
Financial Balance	−52 000	−26 000	1 000
Dividends	0	0	0
Net Income	−303 000	156 000	757 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	103 000	17 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	6 000	12 000	17 000
Fixtures	224 000	291 000	392 000
Total Tangible Assets	230 000	302 000	409 000
Total Fiancial Fixed Assets	1 555 000	2 795 000	3 185 000
Total Fixed Assets	1 888 000	3 115 000	3 594 000
Stock	628 000	744 000	653 000
Total Investments	0	0	0
Cash, Bank	1 744 000	1 207 000	1 407 000
Total Current Assets	5 594 000	5 245 000	5 141 000
Total Assets	7 482 000	8 360 000	8 735 000
Total Equity	3 666 000	3 969 000	4 313 000
Short-Term Group Debt	0	0	610 000
Total Long-Term Debt	0	139 000	12 000
Creditors	1 091 000	1 252 000	869 000
Unpaid Taxes	1 665 000	1 251 000	1 320 000
Dividends	0	0	0
Other Current Debt	750 000	1 319 000	878 000
Total Current Debt	3 816 000	4 251 000	4 410 000
Total Equity and Debt	7 482 000	8 360 000	8 735 000

Financial indicators	2022	2021	2020
Return on Equity	−8,27 %	3,93 %	17,55 %
Debt-to-Equity Ratio	0	0,04	0
Operating Profit Margin	−1,46 %	0,91 %	3,51 %
Current Ratio	1,47	1,23	1,17
Quick Ratio	1,75	1,5	1,37
Equity Ratio	0,49	0,47	0,49
Gross Profit Margin	59,21 %	52,62 %	52,33 %