FINOR AS

1482 NITTEDAL

Finances

Return on Equity

23,49 %

Current Ratio

2,37

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	180 189 000	184 621 000	162 980 000	203 518 000
Net Income	25 758 000	23 504 000	18 000	16 717 000
Total Assets	184 884 000	207 426 000	167 918 000	191 688 000
Total Equity	109 636 000	103 878 000	123 165 000	116 806 000

Income (NOK)	2022	2021	2020	2019
Revenue	180 189 000	184 621 000	162 980 000	203 518 000
Expenditure	148 183 000	158 117 000	157 034 000	182 900 000
Operating Profit	32 005 000	26 504 000	5 946 000	20 619 000
Financial Income	1 609 000	2 430 000	1 074 000	1 879 000
Financial Costs	696 000	1 000	6 997 000	975 000
Financial Balance	913 000	2 429 000	−5 923 000	904 000
Earnings Before Tax	32 918 000	28 933 000	24 000	21 522 000
Tax	7 161 000	5 429 000	5 000	4 805 000
Net Income	25 758 000	23 504 000	18 000	16 717 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 205 000	10 685 000	12 599 000	8 159 000
Total Current Assets	172 679 000	196 741 000	155 319 000	183 529 000
Total Assets	184 884 000	207 426 000	167 918 000	191 688 000
Total Retained Equity	109 236 000	103 478 000	122 765 000	116 406 000
Total Equity	109 636 000	103 878 000	123 165 000	116 806 000
Total Long-Term Debt	2 308 000	2 506 000	0	0
Total Current Debt	72 940 000	101 041 000	44 754 000	74 881 000
Total Equity and Debt	184 884 000	207 426 000	167 918 000	191 688 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	179 873 000	184 262 000	162 909 000	203 276 000
Other Income	316 000	359 000	71 000	242 000
Revenue	180 189 000	184 621 000	162 980 000	203 518 000
Cost of Goods Sold	116 445 000	129 922 000	118 620 000	151 031 000
Salary Costs	13 797 000	11 847 000	11 265 000	12 320 000
Depreciation	1 106 000	949 000	976 000	821 000
Impairment	0	0	0	0
Expenditure	148 183 000	158 117 000	157 034 000	182 900 000
Operating Profit	32 005 000	26 504 000	5 946 000	20 619 000
Financial Income	1 609 000	2 430 000	1 074 000	1 879 000
Financial Costs	696 000	1 000	6 997 000	975 000
Financial Balance	913 000	2 429 000	−5 923 000	904 000
Dividends	20 000 000	40 000 000	0	0
Net Income	25 758 000	23 504 000	18 000	16 717 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 882 000	1 952 000	2 335 000	2 201 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 256 000	2 611 000	1 966 000	2 112 000
Total Tangible Assets	2 256 000	2 611 000	1 966 000	2 112 000
Total Fiancial Fixed Assets	8 068 000	6 122 000	8 298 000	3 847 000
Total Fixed Assets	12 205 000	10 685 000	12 599 000	8 159 000
Stock	90 631 000	57 315 000	89 496 000	82 023 000
Total Investments	9 996 000	10 643 000	9 820 000	9 927 000
Cash, Bank	69 919 000	124 512 000	52 733 000	90 170 000
Total Current Assets	172 679 000	196 741 000	155 319 000	183 529 000
Total Assets	184 884 000	207 426 000	167 918 000	191 688 000
Total Equity	109 636 000	103 878 000	123 165 000	116 806 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 308 000	2 506 000	0	0
Creditors	39 724 000	49 349 000	39 946 000	60 845 000
Unpaid Taxes	971 000	998 000	1 234 000	1 452 000
Dividends	20 000 000	40 000 000	0	0
Other Current Debt	22 644 000	6 150 000	1 646 000	3 329 000
Total Current Debt	72 940 000	101 041 000	44 754 000	74 881 000
Total Equity and Debt	184 884 000	207 426 000	167 918 000	191 688 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,49 %	22,63 %	0,01 %	14,31 %
Debt-to-Equity Ratio	0,02	0,02	0	0
Operating Profit Margin	17,76 %	14,36 %	3,65 %	10,13 %
Current Ratio	2,37	1,95	3,47	2,45
Quick Ratio	−9,76	4,5	−3,47	−25,7
Equity Ratio	0,59	0,5	0,73	0,61
Gross Profit Margin	35,38 %	29,63 %	27,22 %	25,79 %