FINNMARK RESSURSSELSKAP AS

9620 KVALSUND

Finances

Return on Equity

1,1 %

Current Ratio

1,21

Debt-to-Equity Ratio

0,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	49 387 000	49 695 000	41 982 000	39 141 000
Net Income	316 000	2 805 000	2 501 000	1 783 000
Total Assets	50 846 000	42 216 000	36 805 000	34 103 000
Total Equity	28 680 000	28 363 000	25 559 000	23 058 000

Income (NOK)	2022	2021	2020	2019
Revenue	49 387 000	49 695 000	41 982 000	39 141 000
Expenditure	47 972 000	45 913 000	38 943 000	36 949 000
Operating Profit	1 415 000	3 783 000	3 039 000	2 192 000
Financial Income	202 000	72 000	97 000	148 000
Financial Costs	1 290 000	93 000	84 000	137 000
Financial Balance	−1 088 000	−21 000	13 000	11 000
Earnings Before Tax	326 000	3 762 000	3 052 000	2 203 000
Tax	10 000	957 000	551 000	420 000
Net Income	316 000	2 805 000	2 501 000	1 783 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	37 470 000	27 397 000	21 210 000	17 821 000
Total Current Assets	13 376 000	14 819 000	15 595 000	16 282 000
Total Assets	50 846 000	42 216 000	36 805 000	34 103 000
Total Retained Equity	24 538 000	24 221 000	21 417 000	18 916 000
Total Equity	28 680 000	28 363 000	25 559 000	23 058 000
Total Long-Term Debt	11 088 000	5 571 000	2 260 000	2 846 000
Total Current Debt	11 078 000	8 282 000	8 986 000	8 199 000
Total Equity and Debt	50 846 000	42 216 000	36 805 000	34 103 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	48 840 000	48 811 000	41 117 000	38 639 000
Other Income	547 000	885 000	865 000	502 000
Revenue	49 387 000	49 695 000	41 982 000	39 141 000
Cost of Goods Sold	15 434 000	17 854 000	14 442 000	12 864 000
Salary Costs	16 334 000	15 146 000	13 851 000	13 247 000
Depreciation	3 064 000	2 533 000	2 444 000	2 616 000
Impairment	0	0	0	0
Expenditure	47 972 000	45 913 000	38 943 000	36 949 000
Operating Profit	1 415 000	3 783 000	3 039 000	2 192 000
Financial Income	202 000	72 000	97 000	148 000
Financial Costs	1 290 000	93 000	84 000	137 000
Financial Balance	−1 088 000	−21 000	13 000	11 000
Dividends	0	0	0	0
Net Income	316 000	2 805 000	2 501 000	1 783 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 182 000	857 000	1 068 000	953 000
Real Eastate	22 458 000	12 746 000	10 661 000	11 246 000
Machinery and Plant Facilities	8 208 000	8 407 000	4 633 000	4 184 000
Fixtures	2 261 000	1 581 000	1 916 000	1 374 000
Total Tangible Assets	32 927 000	22 734 000	17 210 000	16 805 000
Total Fiancial Fixed Assets	3 361 000	3 806 000	2 933 000	63 000
Total Fixed Assets	37 470 000	27 397 000	21 210 000	17 821 000
Stock	2 408 000	2 550 000	3 125 000	2 717 000
Total Investments	0	0	0	0
Cash, Bank	7 438 000	8 101 000	8 241 000	10 135 000
Total Current Assets	13 376 000	14 819 000	15 595 000	16 282 000
Total Assets	50 846 000	42 216 000	36 805 000	34 103 000
Total Equity	28 680 000	28 363 000	25 559 000	23 058 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 088 000	5 571 000	2 260 000	2 846 000
Creditors	6 465 000	2 114 000	2 668 000	2 392 000
Unpaid Taxes	537 000	1 123 000	1 429 000	1 373 000
Dividends	0	0	0	0
Other Current Debt	3 741 000	4 299 000	4 223 000	3 853 000
Total Current Debt	11 078 000	8 282 000	8 986 000	8 199 000
Total Equity and Debt	50 846 000	42 216 000	36 805 000	34 103 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,1 %	9,89 %	9,79 %	7,73 %
Debt-to-Equity Ratio	0,39	0,2	0,09	0,12
Operating Profit Margin	2,87 %	7,61 %	7,24 %	5,6 %
Current Ratio	1,21	1,79	1,74	1,99
Quick Ratio	1,54	2,59	2,66	2,97
Equity Ratio	0,56	0,67	0,69	0,68
Gross Profit Margin	68,75 %	64,07 %	65,6 %	67,13 %