FINNFJORD AS

9308 FINNSNES

Finances

Return on Equity

42,72 %

Current Ratio

1,37

Debt-to-Equity Ratio

0,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 038 861 000	1 500 685 000	915 459 000	867 252 000
Net Income	274 623 000	194 763 000	90 847 000	35 429 000
Total Assets	1 677 582 000	1 465 996 000	958 176 000	898 165 000
Total Equity	642 871 000	442 871 000	349 928 000	271 581 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 038 861 000	1 500 685 000	915 459 000	867 252 000
Expenditure	1 743 002 000	1 234 992 000	771 567 000	797 319 000
Operating Profit	374 141 000	257 190 000	143 779 000	70 967 000
Financial Income	163 767 000	58 990 000	51 981 000	20 215 000
Financial Costs	185 489 000	66 244 000	79 045 000	45 504 000
Financial Balance	−21 722 000	−7 254 000	−27 064 000	−25 289 000
Earnings Before Tax	352 419 000	249 937 000	116 715 000	45 677 000
Tax	77 796 000	55 174 000	25 868 000	10 248 000
Net Income	274 623 000	194 763 000	90 847 000	35 429 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	800 846 000	718 431 000	700 706 000	701 041 000
Total Current Assets	876 737 000	747 565 000	257 470 000	197 123 000
Total Assets	1 677 582 000	1 465 996 000	958 176 000	898 165 000
Total Retained Equity	640 271 000	440 271 000	347 328 000	268 981 000
Total Equity	642 871 000	442 871 000	349 928 000	271 581 000
Total Long-Term Debt	396 613 000	431 721 000	469 071 000	459 372 000
Total Current Debt	638 098 000	591 404 000	139 178 000	167 212 000
Total Equity and Debt	1 677 582 000	1 465 996 000	958 176 000	898 165 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 037 894 000	1 500 665 000	913 157 000	866 343 000
Other Income	967 000	20 000	2 302 000	908 000
Revenue	2 038 861 000	1 500 685 000	915 459 000	867 252 000
Cost of Goods Sold	1 285 375 000	728 089 000	467 017 000	530 763 000
Salary Costs	145 983 000	133 659 000	116 132 000	113 192 000
Depreciation	27 325 000	27 075 000	25 678 000	25 733 000
Impairment	0	0	0	0
Expenditure	1 743 002 000	1 234 992 000	771 567 000	797 319 000
Operating Profit	374 141 000	257 190 000	143 779 000	70 967 000
Financial Income	163 767 000	58 990 000	51 981 000	20 215 000
Financial Costs	185 489 000	66 244 000	79 045 000	45 504 000
Financial Balance	−21 722 000	−7 254 000	−27 064 000	−25 289 000
Dividends	74 623 000	100 000 000	12 500 000	0
Net Income	274 623 000	194 763 000	90 847 000	35 429 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	167 091 000	114 122 000	100 325 000	94 832 000
Machinery and Plant Facilities	620 191 000	594 520 000	591 619 000	598 266 000
Fixtures	1 862 000	2 211 000	2 074 000	1 471 000
Total Tangible Assets	789 143 000	710 852 000	694 018 000	694 569 000
Total Fiancial Fixed Assets	11 703 000	7 579 000	6 689 000	6 472 000
Total Fixed Assets	800 846 000	718 431 000	700 706 000	701 041 000
Stock	260 934 000	115 320 000	110 327 000	95 137 000
Total Investments	0	0	0	0
Cash, Bank	107 284 000	185 532 000	22 156 000	16 532 000
Total Current Assets	876 737 000	747 565 000	257 470 000	197 123 000
Total Assets	1 677 582 000	1 465 996 000	958 176 000	898 165 000
Total Equity	642 871 000	442 871 000	349 928 000	271 581 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	396 613 000	431 721 000	469 071 000	459 372 000
Creditors	106 198 000	160 023 000	75 922 000	59 921 000
Unpaid Taxes	12 277 000	8 595 000	7 710 000	5 960 000
Dividends	74 623 000	100 000 000	12 500 000	0
Other Current Debt	447 788 000	405 310 000	25 176 000	13 052 000
Total Current Debt	638 098 000	591 404 000	139 178 000	167 212 000
Total Equity and Debt	1 677 582 000	1 465 996 000	958 176 000	898 165 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,72 %	43,98 %	25,96 %	13,05 %
Debt-to-Equity Ratio	0,62	0,97	1,34	1,69
Operating Profit Margin	18,35 %	17,14 %	15,71 %	8,18 %
Current Ratio	1,37	1,26	1,85	1,18
Quick Ratio	2,32	1,57	8,92	2,73
Equity Ratio	0,38	0,3	0,37	0,3
Gross Profit Margin	36,96 %	51,48 %	48,99 %	38,8 %