FETSUND ELEKTRO AS

1900 FETSUND

Finances

Return on Equity

3,76 %

Current Ratio

2,04

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 994 000	39 930 000	27 154 000	20 613 000
Net Income	194 000	2 431 000	875 000	−1 354 000
Total Assets	12 441 000	12 470 000	11 862 000	6 854 000
Total Equity	5 166 000	4 971 000	3 540 000	2 665 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 994 000	39 930 000	27 154 000	20 613 000
Expenditure	32 675 000	36 896 000	26 259 000	21 976 000
Operating Profit	318 000	3 033 000	895 000	−1 363 000
Financial Income	17 000	33 000	49 000	76 000
Financial Costs	86 000	73 000	69 000	74 000
Financial Balance	−69 000	−40 000	−20 000	2 000
Earnings Before Tax	249 000	2 994 000	875 000	−1 362 000
Tax	55 000	563 000	0	−8 000
Net Income	194 000	2 431 000	875 000	−1 354 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 000	41 000	31 000	24 000
Total Current Assets	12 401 000	12 429 000	11 831 000	6 830 000
Total Assets	12 441 000	12 470 000	11 862 000	6 854 000
Total Retained Equity	4 466 000	4 271 000	2 840 000	1 965 000
Total Equity	5 166 000	4 971 000	3 540 000	2 665 000
Total Long-Term Debt	1 205 000	149 000	500 000	508 000
Total Current Debt	6 071 000	7 349 000	7 822 000	3 681 000
Total Equity and Debt	12 441 000	12 470 000	11 862 000	6 854 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 994 000	39 930 000	27 154 000	20 178 000
Other Income	0	0	0	435 000
Revenue	32 994 000	39 930 000	27 154 000	20 613 000
Cost of Goods Sold	14 630 000	19 020 000	11 282 000	8 082 000
Salary Costs	14 044 000	14 484 000	11 611 000	10 258 000
Depreciation	0	0	0	19 000
Impairment	0	0	0	0
Expenditure	32 675 000	36 896 000	26 259 000	21 976 000
Operating Profit	318 000	3 033 000	895 000	−1 363 000
Financial Income	17 000	33 000	49 000	76 000
Financial Costs	86 000	73 000	69 000	74 000
Financial Balance	−69 000	−40 000	−20 000	2 000
Dividends	0	1 000 000	0	0
Net Income	194 000	2 431 000	875 000	−1 354 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	8 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	40 000	41 000	31 000	16 000
Total Fixed Assets	40 000	41 000	31 000	24 000
Stock	496 000	44 000	16 000	125 000
Total Investments	0	0	0	0
Cash, Bank	3 251 000	7 464 000	5 102 000	3 899 000
Total Current Assets	12 401 000	12 429 000	11 831 000	6 830 000
Total Assets	12 441 000	12 470 000	11 862 000	6 854 000
Total Equity	5 166 000	4 971 000	3 540 000	2 665 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 205 000	149 000	500 000	508 000
Creditors	2 774 000	2 261 000	4 457 000	1 079 000
Unpaid Taxes	1 803 000	1 809 000	1 610 000	1 254 000
Dividends	0	1 000 000	0	0
Other Current Debt	1 493 000	1 865 000	1 755 000	1 348 000
Total Current Debt	6 071 000	7 349 000	7 822 000	3 681 000
Total Equity and Debt	12 441 000	12 470 000	11 862 000	6 854 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,76 %	48,9 %	24,72 %	−50,81 %
Debt-to-Equity Ratio	0,23	0,03	0,14	0,19
Operating Profit Margin	0,96 %	7,6 %	3,3 %	−6,61 %
Current Ratio	2,04	1,69	1,51	1,86
Quick Ratio	2,22	1,7	1,52	1,92
Equity Ratio	0,42	0,4	0,3	0,39
Gross Profit Margin	55,66 %	52,37 %	58,45 %	60,79 %