FJELLSKÅLNES SMED & MEK VERKSTED AS

5282 LONEVÅG

Finances

Return on Equity

11,34 %

Current Ratio

4,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 594 000	14 864 000	10 314 000	12 935 000
Net Income	1 055 000	854 000	−451 000	356 000
Total Assets	11 672 000	10 923 000	8 934 000	9 507 000
Total Equity	9 307 000	8 351 000	7 598 000	8 049 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 594 000	14 864 000	10 314 000	12 935 000
Expenditure	15 239 000	12 843 000	10 889 000	12 478 000
Operating Profit	1 355 000	2 020 000	−575 000	458 000
Financial Income	0	0	1 000	1 000
Financial Costs	2 000	611 000	0	0
Financial Balance	−2 000	−611 000	1 000	1 000
Earnings Before Tax	1 353 000	1 409 000	−575 000	459 000
Tax	298 000	556 000	−123 000	103 000
Net Income	1 055 000	854 000	−451 000	356 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 021 000	667 000	1 068 000	1 303 000
Total Current Assets	10 651 000	10 256 000	7 866 000	8 204 000
Total Assets	11 672 000	10 923 000	8 934 000	9 507 000
Total Retained Equity	9 207 000	8 251 000	7 498 000	7 949 000
Total Equity	9 307 000	8 351 000	7 598 000	8 049 000
Total Long-Term Debt	22 000	20 000	29 000	26 000
Total Current Debt	2 344 000	2 551 000	1 307 000	1 431 000
Total Equity and Debt	11 672 000	10 923 000	8 934 000	9 507 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 594 000	14 864 000	10 314 000	12 739 000
Other Income	0	0	0	196 000
Revenue	16 594 000	14 864 000	10 314 000	12 935 000
Cost of Goods Sold	8 742 000	5 087 000	4 055 000	4 968 000
Salary Costs	4 129 000	4 108 000	4 251 000	4 916 000
Depreciation	169 000	143 000	235 000	301 000
Impairment	0	0	0	0
Expenditure	15 239 000	12 843 000	10 889 000	12 478 000
Operating Profit	1 355 000	2 020 000	−575 000	458 000
Financial Income	0	0	1 000	1 000
Financial Costs	2 000	611 000	0	0
Financial Balance	−2 000	−611 000	1 000	1 000
Dividends	100 000	100 000	0	100 000
Net Income	1 055 000	854 000	−451 000	356 000

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	766 000	667 000	1 068 000	1 303 000
Total Tangible Assets	766 000	667 000	1 068 000	1 303 000
Total Fiancial Fixed Assets	255 000	0	0	0
Total Fixed Assets	1 021 000	667 000	1 068 000	1 303 000
Stock	5 172 000	3 819 000	5 306 000	4 577 000
Total Investments	0	0	0	0
Cash, Bank	1 793 000	4 253 000	927 000	2 713 000
Total Current Assets	10 651 000	10 256 000	7 866 000	8 204 000
Total Assets	11 672 000	10 923 000	8 934 000	9 507 000
Total Equity	9 307 000	8 351 000	7 598 000	8 049 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 000	20 000	29 000	26 000
Creditors	531 000	386 000	370 000	342 000
Unpaid Taxes	995 000	619 000	533 000	465 000
Dividends	100 000	100 000	0	100 000
Other Current Debt	421 000	983 000	404 000	461 000
Total Current Debt	2 344 000	2 551 000	1 307 000	1 431 000
Total Equity and Debt	11 672 000	10 923 000	8 934 000	9 507 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,34 %	10,23 %	−5,94 %	4,42 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,17 %	13,59 %	−5,57 %	3,54 %
Current Ratio	4,54	4,02	6,02	5,73
Quick Ratio	−3,77	−8,09	−1,97	−2,61
Equity Ratio	0,8	0,76	0,85	0,85
Gross Profit Margin	47,32 %	65,78 %	60,68 %	61,59 %