FOSNAVÅG BILVERKSTED AS

6092 FOSNAVÅG

Finances

Share Ownership

Return on Equity

21,7 %

Current Ratio

1,23

Debt-to-Equity Ratio

0,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 474 000	23 153 000	23 069 000	19 639 000
Net Income	1 518 000	588 000	2 206 000	1 758 000
Total Assets	15 979 000	15 672 000	16 448 000	15 893 000
Total Equity	6 994 000	6 417 000	6 773 000	5 510 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 474 000	23 153 000	23 069 000	19 639 000
Expenditure	22 359 000	22 254 000	20 055 000	17 313 000
Operating Profit	2 115 000	900 000	3 014 000	2 325 000
Financial Income	75 000	75 000	41 000	51 000
Financial Costs	201 000	163 000	198 000	121 000
Financial Balance	−126 000	−88 000	−157 000	−70 000
Earnings Before Tax	1 989 000	812 000	2 857 000	2 255 000
Tax	471 000	224 000	651 000	497 000
Net Income	1 518 000	588 000	2 206 000	1 758 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 742 000	10 958 000	11 009 000	10 984 000
Total Current Assets	5 237 000	4 714 000	5 438 000	4 909 000
Total Assets	15 979 000	15 672 000	16 448 000	15 893 000
Total Retained Equity	6 892 000	6 315 000	6 671 000	5 408 000
Total Equity	6 994 000	6 417 000	6 773 000	5 510 000
Total Long-Term Debt	4 710 000	5 240 000	5 413 000	6 341 000
Total Current Debt	4 275 000	4 014 000	4 261 000	4 041 000
Total Equity and Debt	15 979 000	15 672 000	16 448 000	15 893 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 474 000	23 153 000	22 158 000	19 769 000
Other Income	0	0	911 000	−130 000
Revenue	24 474 000	23 153 000	23 069 000	19 639 000
Cost of Goods Sold	7 982 000	7 704 000	7 384 000	6 025 000
Salary Costs	8 809 000	8 385 000	7 671 000	7 361 000
Depreciation	739 000	937 000	866 000	674 000
Impairment	0	0	0	0
Expenditure	22 359 000	22 254 000	20 055 000	17 313 000
Operating Profit	2 115 000	900 000	3 014 000	2 325 000
Financial Income	75 000	75 000	41 000	51 000
Financial Costs	201 000	163 000	198 000	121 000
Financial Balance	−126 000	−88 000	−157 000	−70 000
Dividends	0	0	0	0
Net Income	1 518 000	588 000	2 206 000	1 758 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 182 000	9 318 000	9 287 000	9 242 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 335 000	1 515 000	1 577 000	1 565 000
Total Tangible Assets	10 517 000	10 833 000	10 864 000	10 807 000
Total Fiancial Fixed Assets	225 000	125 000	145 000	177 000
Total Fixed Assets	10 742 000	10 958 000	11 009 000	10 984 000
Stock	432 000	545 000	333 000	294 000
Total Investments	0	0	0	0
Cash, Bank	1 877 000	1 770 000	2 608 000	1 711 000
Total Current Assets	5 237 000	4 714 000	5 438 000	4 909 000
Total Assets	15 979 000	15 672 000	16 448 000	15 893 000
Total Equity	6 994 000	6 417 000	6 773 000	5 510 000
Short-Term Group Debt	1 000 000	1 000 000	1 000 000	1 000 000
Total Long-Term Debt	4 710 000	5 240 000	5 413 000	6 341 000
Creditors	970 000	926 000	693 000	725 000
Unpaid Taxes	1 106 000	1 047 000	1 135 000	989 000
Dividends	0	0	0	0
Other Current Debt	787 000	847 000	783 000	781 000
Total Current Debt	4 275 000	4 014 000	4 261 000	4 041 000
Total Equity and Debt	15 979 000	15 672 000	16 448 000	15 893 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,7 %	9,16 %	32,57 %	31,91 %
Debt-to-Equity Ratio	0,67	0,82	0,8	1,15
Operating Profit Margin	8,64 %	3,89 %	13,07 %	11,84 %
Current Ratio	1,23	1,17	1,28	1,21
Quick Ratio	1,36	1,36	1,38	1,31
Equity Ratio	0,44	0,41	0,41	0,35
Gross Profit Margin	67,39 %	66,73 %	67,99 %	69,32 %