OVE FORSTRØNEN AS

5336 TJELDSTØ

Finances

Return on Equity

82,45 %

Current Ratio

0,63

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	121 008 000	119 173 000	111 804 000	112 636 000
Net Income	2 569 000	2 987 000	3 361 000	2 077 000
Total Assets	20 775 000	20 923 000	32 227 000	43 740 000
Total Equity	3 116 000	7 906 000	4 919 000	22 150 000

Income (NOK)	2021	2020	2019	2018
Revenue	121 008 000	119 173 000	111 804 000	112 636 000
Expenditure	117 706 000	115 366 000	108 606 000	110 046 000
Operating Profit	3 302 000	3 807 000	3 198 000	2 589 000
Financial Income	12 000	31 000	1 386 000	300 000
Financial Costs	27 000	1 000	327 000	186 000
Financial Balance	−15 000	30 000	1 059 000	114 000
Earnings Before Tax	3 287 000	3 837 000	4 257 000	2 704 000
Tax	717 000	851 000	896 000	627 000
Net Income	2 569 000	2 987 000	3 361 000	2 077 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	9 635 000	10 212 000	24 141 000	29 389 000
Total Current Assets	11 140 000	10 710 000	8 086 000	14 351 000
Total Assets	20 775 000	20 923 000	32 227 000	43 740 000
Total Retained Equity	2 516 000	7 306 000	4 319 000	21 550 000
Total Equity	3 116 000	7 906 000	4 919 000	22 150 000
Total Long-Term Debt	0	0	0	8 550 000
Total Current Debt	17 659 000	13 017 000	27 307 000	13 040 000
Total Equity and Debt	20 775 000	20 923 000	32 227 000	43 740 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	119 248 000	117 467 000	109 065 000	110 889 000
Other Income	1 760 000	1 706 000	2 739 000	1 747 000
Revenue	121 008 000	119 173 000	111 804 000	112 636 000
Cost of Goods Sold	100 949 000	99 588 000	92 221 000	92 530 000
Salary Costs	5 568 000	4 698 000	5 685 000	6 222 000
Depreciation	194 000	79 000	437 000	513 000
Impairment	0	0	0	0
Expenditure	117 706 000	115 366 000	108 606 000	110 046 000
Operating Profit	3 302 000	3 807 000	3 198 000	2 589 000
Financial Income	12 000	31 000	1 386 000	300 000
Financial Costs	27 000	1 000	327 000	186 000
Financial Balance	−15 000	30 000	1 059 000	114 000
Dividends	0	0	0	0
Net Income	2 569 000	2 987 000	3 361 000	2 077 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	71 000	99 000	114 000	102 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	940 000	253 000	217 000	930 000
Total Tangible Assets	940 000	253 000	217 000	930 000
Total Fiancial Fixed Assets	8 624 000	9 860 000	23 810 000	28 357 000
Total Fixed Assets	9 635 000	10 212 000	24 141 000	29 389 000
Stock	4 405 000	4 487 000	4 001 000	4 477 000
Total Investments	0	0	0	3 122 000
Cash, Bank	5 294 000	4 608 000	3 368 000	5 537 000
Total Current Assets	11 140 000	10 710 000	8 086 000	14 351 000
Total Assets	20 775 000	20 923 000	32 227 000	43 740 000
Total Equity	3 116 000	7 906 000	4 919 000	22 150 000
Short-Term Group Debt	8 049 000	0	21 500 000	2 460 000
Total Long-Term Debt	0	0	0	8 550 000
Creditors	7 494 000	10 401 000	3 326 000	7 830 000
Unpaid Taxes	764 000	536 000	617 000	462 000
Dividends	0	0	0	0
Other Current Debt	1 353 000	1 244 000	1 865 000	2 170 000
Total Current Debt	17 659 000	13 017 000	27 307 000	13 040 000
Total Equity and Debt	20 775 000	20 923 000	32 227 000	43 740 000

Financial indicators	2021	2020	2019	2018
Return on Equity	82,45 %	37,78 %	68,33 %	9,38 %
Debt-to-Equity Ratio	0	0	0	0,39
Operating Profit Margin	2,73 %	3,19 %	2,86 %	2,3 %
Current Ratio	0,63	0,82	0,3	1,1
Quick Ratio	0,84	1,26	0,35	1,68
Equity Ratio	0,15	0,38	0,15	0,51
Gross Profit Margin	16,58 %	16,43 %	17,52 %	17,85 %