FØRRE TREVAREFABRIKK AS

5563 FØRRESFJORDEN

Finances

Return on Equity

17,87 %

Current Ratio

2,56

Debt-to-Equity Ratio

0,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	61 744 000	59 448 000	52 019 000	50 970 000
Net Income	1 855 000	970 000	1 485 000	461 000
Total Assets	21 354 000	18 697 000	18 627 000	14 400 000
Total Equity	10 382 000	8 527 000	7 557 000	6 072 000

Income (NOK)	2022	2021	2020	2019
Revenue	61 744 000	59 448 000	52 019 000	50 970 000
Expenditure	58 606 000	58 346 000	50 025 000	50 319 000
Operating Profit	2 539 000	1 446 000	2 102 000	790 000
Financial Income	51 000	11 000	24 000	61 000
Financial Costs	210 000	214 000	222 000	259 000
Financial Balance	−159 000	−203 000	−198 000	−198 000
Earnings Before Tax	2 381 000	1 244 000	1 904 000	592 000
Tax	526 000	274 000	419 000	131 000
Net Income	1 855 000	970 000	1 485 000	461 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 071 000	2 738 000	3 324 000	3 149 000
Total Current Assets	18 283 000	15 960 000	15 304 000	11 251 000
Total Assets	21 354 000	18 697 000	18 627 000	14 400 000
Total Retained Equity	8 987 000	7 132 000	6 162 000	4 677 000
Total Equity	10 382 000	8 527 000	7 557 000	6 072 000
Total Long-Term Debt	3 841 000	3 826 000	4 026 000	3 667 000
Total Current Debt	7 131 000	6 344 000	7 044 000	4 661 000
Total Equity and Debt	21 354 000	18 697 000	18 627 000	14 400 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	61 743 000	59 448 000	52 019 000	50 970 000
Other Income	1 000	0	0	0
Revenue	61 744 000	59 448 000	52 019 000	50 970 000
Cost of Goods Sold	32 242 000	32 322 000	27 629 000	27 476 000
Salary Costs	14 082 000	13 746 000	12 284 000	12 590 000
Depreciation	1 381 000	1 188 000	1 016 000	888 000
Impairment	0	0	0	0
Expenditure	58 606 000	58 346 000	50 025 000	50 319 000
Operating Profit	2 539 000	1 446 000	2 102 000	790 000
Financial Income	51 000	11 000	24 000	61 000
Financial Costs	210 000	214 000	222 000	259 000
Financial Balance	−159 000	−203 000	−198 000	−198 000
Dividends	0	0	0	0
Net Income	1 855 000	970 000	1 485 000	461 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	428 000	182 000	117 000	82 000
Real Eastate	52 000	214 000	197 000	352 000
Machinery and Plant Facilities	2 432 000	1 921 000	2 590 000	2 094 000
Fixtures	148 000	0	0	0
Total Tangible Assets	2 632 000	2 135 000	2 786 000	2 446 000
Total Fiancial Fixed Assets	10 000	420 000	420 000	621 000
Total Fixed Assets	3 071 000	2 738 000	3 324 000	3 149 000
Stock	5 695 000	4 726 000	4 178 000	4 264 000
Total Investments	0	0	0	0
Cash, Bank	5 412 000	2 873 000	1 861 000	1 179 000
Total Current Assets	18 283 000	15 960 000	15 304 000	11 251 000
Total Assets	21 354 000	18 697 000	18 627 000	14 400 000
Total Equity	10 382 000	8 527 000	7 557 000	6 072 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 841 000	3 826 000	4 026 000	3 667 000
Creditors	3 448 000	2 992 000	3 522 000	2 053 000
Unpaid Taxes	1 507 000	1 181 000	1 555 000	1 114 000
Dividends	0	0	0	0
Other Current Debt	1 575 000	1 833 000	1 513 000	1 356 000
Total Current Debt	7 131 000	6 344 000	7 044 000	4 661 000
Total Equity and Debt	21 354 000	18 697 000	18 627 000	14 400 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,87 %	11,38 %	19,65 %	7,59 %
Debt-to-Equity Ratio	0,37	0,45	0,53	0,6
Operating Profit Margin	4,11 %	2,43 %	4,04 %	1,55 %
Current Ratio	2,56	2,52	2,17	2,41
Quick Ratio	12,73	9,86	5,34	28,34
Equity Ratio	0,49	0,46	0,41	0,42
Gross Profit Margin	47,78 %	45,63 %	46,89 %	46,09 %