FELM AS

7013 TRONDHEIM

Finances

Return on Equity

37,28 %

Current Ratio

1,78

Debt-to-Equity Ratio

0,43

Key figures (NOK)	2022	2021	2020
Revenue	6 951 000	3 134 000	0
Net Income	258 000	403 000	0
Total Assets	1 807 000	953 000	234 000
Total Equity	692 000	435 000	32 000

Income (NOK)	2022	2021
Revenue	6 951 000	3 134 000
Expenditure	6 671 000	2 608 000
Operating Profit	280 000	526 000
Financial Income	0	0
Financial Costs	4 000	10 000
Financial Balance	−4 000	−10 000
Earnings Before Tax	276 000	516 000
Tax	19 000	114 000
Net Income	258 000	403 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	355 000	263 000	210 000
Total Current Assets	1 452 000	689 000	24 000
Total Assets	1 807 000	953 000	234 000
Total Retained Equity	660 000	403 000	0
Total Equity	692 000	435 000	32 000
Total Long-Term Debt	300 000	1 000	202 000
Total Current Debt	814 000	517 000	0
Total Equity and Debt	1 807 000	953 000	234 000

Cash flow (NOK)	2022	2021
Sales Income	6 750 000	3 134 000
Other Income	201 000	0
Revenue	6 951 000	3 134 000
Cost of Goods Sold	2 335 000	905 000
Salary Costs	2 901 000	960 000
Depreciation	9 000	4 000
Impairment	0	0
Expenditure	6 671 000	2 608 000
Operating Profit	280 000	526 000
Financial Income	0	0
Financial Costs	4 000	10 000
Financial Balance	−4 000	−10 000
Dividends	0	0
Net Income	258 000	403 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	9 000	18 000	0
Total Tangible Assets	9 000	18 000	0
Total Fiancial Fixed Assets	345 000	245 000	210 000
Total Fixed Assets	355 000	263 000	210 000
Stock	160 000	199 000	0
Total Investments	0	0	0
Cash, Bank	383 000	345 000	24 000
Total Current Assets	1 452 000	689 000	24 000
Total Assets	1 807 000	953 000	234 000
Total Equity	692 000	435 000	32 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	300 000	1 000	202 000
Creditors	120 000	78 000	0
Unpaid Taxes	438 000	219 000	0
Dividends	0	0	0
Other Current Debt	237 000	107 000	0
Total Current Debt	814 000	517 000	0
Total Equity and Debt	1 807 000	953 000	234 000

Financial indicators	2022	2021	2020
Return on Equity	37,28 %	92,64 %	0 %
Debt-to-Equity Ratio	0,43	0	6,31
Operating Profit Margin	4,03 %	16,78 %	-
Current Ratio	1,78	1,33	-
Quick Ratio	2,22	2,17	-
Equity Ratio	0,38	0,46	0,14
Gross Profit Margin	66,41 %	71,12 %	-