FIRECO AS

1607 FREDRIKSTAD

Finances

Return on Equity

45,95 %

Current Ratio

1,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	44 611 000	38 674 000	38 534 000	37 666 000
Net Income	4 070 000	7 572 000	5 667 000	4 776 000
Total Assets	21 801 000	22 299 000	20 640 000	19 801 000
Total Equity	8 857 000	8 019 000	11 180 000	10 011 000

Income (NOK)	2022	2021	2020	2019
Revenue	44 611 000	38 674 000	38 534 000	37 666 000
Expenditure	40 947 000	33 842 000	31 607 000	31 715 000
Operating Profit	3 664 000	4 833 000	6 926 000	5 951 000
Financial Income	1 230 000	3 866 000	290 000	163 000
Financial Costs	3 000	2 000	3 000	3 000
Financial Balance	1 227 000	3 864 000	287 000	160 000
Earnings Before Tax	4 891 000	8 696 000	7 213 000	6 111 000
Tax	820 000	1 125 000	1 546 000	1 335 000
Net Income	4 070 000	7 572 000	5 667 000	4 776 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 728 000	1 801 000	2 080 000	2 402 000
Total Current Assets	20 073 000	20 497 000	18 560 000	17 398 000
Total Assets	21 801 000	22 299 000	20 640 000	19 801 000
Total Retained Equity	3 217 000	3 148 000	8 073 000	6 905 000
Total Equity	8 857 000	8 019 000	11 180 000	10 011 000
Total Long-Term Debt	0	0	0	950 000
Total Current Debt	12 944 000	14 280 000	9 460 000	8 839 000
Total Equity and Debt	21 801 000	22 299 000	20 640 000	19 801 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	44 611 000	38 674 000	38 534 000	37 666 000
Other Income	0	0	0	0
Revenue	44 611 000	38 674 000	38 534 000	37 666 000
Cost of Goods Sold	21 612 000	15 421 000	13 029 000	14 074 000
Salary Costs	16 542 000	15 689 000	16 876 000	15 365 000
Depreciation	233 000	293 000	337 000	266 000
Impairment	0	0	0	0
Expenditure	40 947 000	33 842 000	31 607 000	31 715 000
Operating Profit	3 664 000	4 833 000	6 926 000	5 951 000
Financial Income	1 230 000	3 866 000	290 000	163 000
Financial Costs	3 000	2 000	3 000	3 000
Financial Balance	1 227 000	3 864 000	287 000	160 000
Dividends	4 001 000	0	0	0
Net Income	4 070 000	7 572 000	5 667 000	4 776 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	98 000	89 000	98 000	285 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	128 000	275 000	544 000	680 000
Total Tangible Assets	128 000	275 000	544 000	680 000
Total Fiancial Fixed Assets	1 501 000	1 438 000	1 438 000	1 438 000
Total Fixed Assets	1 728 000	1 801 000	2 080 000	2 402 000
Stock	0	0	0	0
Total Investments	0	0	6 332 000	2 217 000
Cash, Bank	8 044 000	10 802 000	3 813 000	5 700 000
Total Current Assets	20 073 000	20 497 000	18 560 000	17 398 000
Total Assets	21 801 000	22 299 000	20 640 000	19 801 000
Total Equity	8 857 000	8 019 000	11 180 000	10 011 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	950 000
Creditors	2 232 000	2 160 000	1 547 000	1 620 000
Unpaid Taxes	2 342 000	2 815 000	1 631 000	1 692 000
Dividends	4 001 000	0	0	0
Other Current Debt	3 537 000	4 166 000	4 940 000	4 202 000
Total Current Debt	12 944 000	14 280 000	9 460 000	8 839 000
Total Equity and Debt	21 801 000	22 299 000	20 640 000	19 801 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,95 %	94,43 %	50,69 %	47,71 %
Debt-to-Equity Ratio	0	0	0	0,09
Operating Profit Margin	8,21 %	12,5 %	17,97 %	15,8 %
Current Ratio	1,55	1,44	1,96	1,97
Quick Ratio	1,55	1,44	1,96	1,97
Equity Ratio	0,41	0,36	0,54	0,51
Gross Profit Margin	51,55 %	60,13 %	66,19 %	62,63 %