FINNY SIREVAAG AS

4420 ÅNA-SIRA

Finances

Return on Equity

−12,14 %

Current Ratio

1,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	69 922 000	57 385 000	66 895 000	65 218 000
Net Income	−496 000	−552 000	2 542 000	2 138 000
Total Assets	23 467 000	18 793 000	22 458 000	18 196 000
Total Equity	4 085 000	3 978 000	4 530 000	4 089 000

Income (NOK)	2022	2021	2020	2019
Revenue	69 922 000	57 385 000	66 895 000	65 218 000
Expenditure	74 001 000	57 695 000	63 287 000	64 790 000
Operating Profit	−932 000	−557 000	3 005 000	1 203 000
Financial Income	600 000	206 000	605 000	1 732 000
Financial Costs	334 000	237 000	348 000	555 000
Financial Balance	266 000	−31 000	257 000	1 177 000
Earnings Before Tax	−666 000	−588 000	3 262 000	2 380 000
Tax	−170 000	−36 000	720 000	243 000
Net Income	−496 000	−552 000	2 542 000	2 138 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 880 000	2 360 000	3 058 000	3 478 000
Total Current Assets	21 587 000	16 434 000	19 400 000	14 718 000
Total Assets	23 467 000	18 793 000	22 458 000	18 196 000
Total Retained Equity	285 000	178 000	730 000	289 000
Total Equity	4 085 000	3 978 000	4 530 000	4 089 000
Total Long-Term Debt	0	0	436 000	1 252 000
Total Current Debt	19 382 000	14 815 000	17 492 000	12 856 000
Total Equity and Debt	23 467 000	18 793 000	22 458 000	18 196 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	68 557 000	56 540 000	66 657 000	65 218 000
Other Income	1 366 000	844 000	238 000	0
Revenue	69 922 000	57 385 000	66 895 000	65 218 000
Cost of Goods Sold	49 182 000	36 284 000	40 385 000	41 642 000
Salary Costs	8 905 000	8 688 000	8 638 000	8 784 000
Depreciation	729 000	861 000	835 000	749 000
Impairment	0	0	0	0
Expenditure	74 001 000	57 695 000	63 287 000	64 790 000
Operating Profit	−932 000	−557 000	3 005 000	1 203 000
Financial Income	600 000	206 000	605 000	1 732 000
Financial Costs	334 000	237 000	348 000	555 000
Financial Balance	266 000	−31 000	257 000	1 177 000
Dividends	0	0	2 100 000	3 700 000
Net Income	−496 000	−552 000	2 542 000	2 138 000

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	1 211 000	1 783 000	2 374 000	2 965 000
Fixtures	669 000	576 000	684 000	513 000
Total Tangible Assets	1 880 000	2 360 000	3 058 000	3 478 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 880 000	2 360 000	3 058 000	3 478 000
Stock	8 698 000	6 738 000	3 549 000	4 091 000
Total Investments	10 000	10 000	10 000	10 000
Cash, Bank	2 129 000	2 690 000	6 571 000	1 852 000
Total Current Assets	21 587 000	16 434 000	19 400 000	14 718 000
Total Assets	23 467 000	18 793 000	22 458 000	18 196 000
Total Equity	4 085 000	3 978 000	4 530 000	4 089 000
Short-Term Group Debt	10 562 000	10 519 000	8 423 000	4 586 000
Total Long-Term Debt	0	0	436 000	1 252 000
Creditors	4 992 000	1 966 000	3 403 000	1 799 000
Unpaid Taxes	495 000	499 000	696 000	567 000
Dividends	0	0	2 100 000	3 700 000
Other Current Debt	2 028 000	1 831 000	2 135 000	1 975 000
Total Current Debt	19 382 000	14 815 000	17 492 000	12 856 000
Total Equity and Debt	23 467 000	18 793 000	22 458 000	18 196 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,14 %	−13,88 %	56,11 %	52,29 %
Debt-to-Equity Ratio	0	0	0,1	0,31
Operating Profit Margin	−1,33 %	−0,97 %	4,49 %	1,84 %
Current Ratio	1,11	1,11	1,11	1,14
Quick Ratio	2,02	2,03	1,39	1,68
Equity Ratio	0,17	0,21	0,2	0,22
Gross Profit Margin	29,66 %	36,77 %	39,63 %	36,15 %