FÖRCH NORGE AS

1940 BJØRKELANGEN

Finances

Share Ownership

Return on Equity

−57,28 %

Current Ratio

1,1

Debt-to-Equity Ratio

1,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 911 000	36 796 000	35 905 000	32 760 000
Net Income	−610 000	630 000	806 000	−279 000
Total Assets	10 194 000	10 084 000	10 745 000	8 287 000
Total Equity	1 065 000	1 675 000	1 444 000	639 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 911 000	36 796 000	35 905 000	32 760 000
Expenditure	36 357 000	36 010 000	34 475 000	32 801 000
Operating Profit	−446 000	785 000	1 430 000	−42 000
Financial Income	160 000	343 000	289 000	73 000
Financial Costs	490 000	320 000	686 000	389 000
Financial Balance	−330 000	23 000	−397 000	−316 000
Earnings Before Tax	−776 000	808 000	1 033 000	−358 000
Tax	−166 000	178 000	227 000	−79 000
Net Income	−610 000	630 000	806 000	−279 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 970 000	1 635 000	1 282 000	1 198 000
Total Current Assets	8 224 000	8 448 000	9 462 000	7 090 000
Total Assets	10 194 000	10 084 000	10 745 000	8 287 000
Total Retained Equity	0	475 000	244 000	−561 000
Total Equity	1 065 000	1 675 000	1 444 000	639 000
Total Long-Term Debt	1 680 000	1 835 000	1 812 000	1 883 000
Total Current Debt	7 449 000	6 574 000	7 488 000	5 766 000
Total Equity and Debt	10 194 000	10 084 000	10 745 000	8 287 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 703 000	36 619 000	35 719 000	32 726 000
Other Income	208 000	177 000	186 000	34 000
Revenue	35 911 000	36 796 000	35 905 000	32 760 000
Cost of Goods Sold	20 420 000	20 532 000	19 838 000	18 562 000
Salary Costs	11 318 000	11 197 000	10 251 000	10 218 000
Depreciation	494 000	387 000	324 000	230 000
Impairment	0	0	0	0
Expenditure	36 357 000	36 010 000	34 475 000	32 801 000
Operating Profit	−446 000	785 000	1 430 000	−42 000
Financial Income	160 000	343 000	289 000	73 000
Financial Costs	490 000	320 000	686 000	389 000
Financial Balance	−330 000	23 000	−397 000	−316 000
Dividends	0	400 000	0	0
Net Income	−610 000	630 000	806 000	−279 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	238 000	71 000	287 000	523 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 732 000	1 564 000	995 000	674 000
Total Tangible Assets	1 732 000	1 564 000	995 000	674 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 970 000	1 635 000	1 282 000	1 198 000
Stock	4 472 000	4 436 000	4 239 000	4 031 000
Total Investments	0	0	0	0
Cash, Bank	391 000	920 000	1 955 000	348 000
Total Current Assets	8 224 000	8 448 000	9 462 000	7 090 000
Total Assets	10 194 000	10 084 000	10 745 000	8 287 000
Total Equity	1 065 000	1 675 000	1 444 000	639 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 680 000	1 835 000	1 812 000	1 883 000
Creditors	3 605 000	3 097 000	4 182 000	2 460 000
Unpaid Taxes	1 843 000	2 010 000	1 706 000	1 716 000
Dividends	0	400 000	0	0
Other Current Debt	1 054 000	1 041 000	1 600 000	941 000
Total Current Debt	7 449 000	6 574 000	7 488 000	5 766 000
Total Equity and Debt	10 194 000	10 084 000	10 745 000	8 287 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−57,28 %	37,61 %	55,82 %	−43,66 %
Debt-to-Equity Ratio	1,58	1,1	1,25	2,95
Operating Profit Margin	−1,24 %	2,13 %	3,98 %	−0,13 %
Current Ratio	1,1	1,29	1,26	1,23
Quick Ratio	2,76	3,95	2,91	4,09
Equity Ratio	0,1	0,17	0,13	0,08
Gross Profit Margin	43,14 %	44,2 %	44,75 %	43,34 %