SFS GROUP NORWAY AS

2016 FROGNER

Finances

Share Ownership

Return on Equity

46,66 %

Current Ratio

3,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	91 035 000	80 016 000	74 665 000	73 353 000
Net Income	13 499 000	12 304 000	10 711 000	14 316 000
Total Assets	39 816 000	33 152 000	34 281 000	36 004 000
Total Equity	28 932 000	22 432 000	20 129 000	24 418 000

Income (NOK)	2022	2021	2020	2019
Revenue	91 035 000	80 016 000	74 665 000	73 353 000
Expenditure	73 547 000	64 540 000	60 687 000	54 866 000
Operating Profit	17 488 000	15 477 000	13 979 000	18 487 000
Financial Income	429 000	515 000	713 000	291 000
Financial Costs	574 000	206 000	947 000	395 000
Financial Balance	−145 000	309 000	−234 000	−104 000
Earnings Before Tax	17 343 000	15 786 000	13 745 000	18 382 000
Tax	3 844 000	3 482 000	3 034 000	4 067 000
Net Income	13 499 000	12 304 000	10 711 000	14 316 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 705 000	2 122 000	2 723 000	13 309 000
Total Current Assets	37 112 000	31 030 000	31 558 000	22 695 000
Total Assets	39 816 000	33 152 000	34 281 000	36 004 000
Total Retained Equity	26 902 000	20 402 000	18 099 000	22 388 000
Total Equity	28 932 000	22 432 000	20 129 000	24 418 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 885 000	10 720 000	14 153 000	11 586 000
Total Equity and Debt	39 816 000	33 152 000	34 281 000	36 004 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	90 389 000	79 232 000	73 404 000	72 478 000
Other Income	646 000	785 000	1 262 000	875 000
Revenue	91 035 000	80 016 000	74 665 000	73 353 000
Cost of Goods Sold	46 693 000	40 444 000	38 655 000	35 761 000
Salary Costs	15 065 000	13 580 000	12 106 000	10 673 000
Depreciation	758 000	828 000	744 000	693 000
Impairment	0	0	0	0
Expenditure	73 547 000	64 540 000	60 687 000	54 866 000
Operating Profit	17 488 000	15 477 000	13 979 000	18 487 000
Financial Income	429 000	515 000	713 000	291 000
Financial Costs	574 000	206 000	947 000	395 000
Financial Balance	−145 000	309 000	−234 000	−104 000
Dividends	0	0	0	0
Net Income	13 499 000	12 304 000	10 711 000	14 316 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	371 000	313 000	127 000	133 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 334 000	1 809 000	2 596 000	2 176 000
Total Tangible Assets	2 334 000	1 809 000	2 596 000	2 176 000
Total Fiancial Fixed Assets	0	0	0	11 000 000
Total Fixed Assets	2 705 000	2 122 000	2 723 000	13 309 000
Stock	11 607 000	9 157 000	9 016 000	6 786 000
Total Investments	0	0	0	0
Cash, Bank	17 428 000	13 398 000	9 765 000	9 964 000
Total Current Assets	37 112 000	31 030 000	31 558 000	22 695 000
Total Assets	39 816 000	33 152 000	34 281 000	36 004 000
Total Equity	28 932 000	22 432 000	20 129 000	24 418 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	813 000	1 026 000	5 924 000	2 902 000
Unpaid Taxes	3 342 000	3 580 000	3 092 000	2 662 000
Dividends	0	0	0	0
Other Current Debt	2 827 000	2 445 000	2 109 000	1 961 000
Total Current Debt	10 885 000	10 720 000	14 153 000	11 586 000
Total Equity and Debt	39 816 000	33 152 000	34 281 000	36 004 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,66 %	54,85 %	53,21 %	58,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	19,21 %	19,34 %	18,72 %	25,2 %
Current Ratio	3,41	2,89	2,23	1,96
Quick Ratio	−51,4	19,85	6,14	4,73
Equity Ratio	0,73	0,68	0,59	0,68
Gross Profit Margin	48,71 %	49,46 %	48,23 %	51,25 %