FINNØY RØR AS

4160 FINNØY

Finances

Share Ownership

Return on Equity

11,41 %

Current Ratio

2,05

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 507 000	12 656 000	10 057 000	10 183 000
Net Income	550 000	892 000	859 000	860 000
Total Assets	10 467 000	9 468 000	8 493 000	6 752 000
Total Equity	4 819 000	4 268 000	3 376 000	3 317 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 507 000	12 656 000	10 057 000	10 183 000
Expenditure	12 699 000	11 483 000	8 892 000	9 017 000
Operating Profit	809 000	1 173 000	1 165 000	1 167 000
Financial Income	12 000	28 000	0	0
Financial Costs	102 000	57 000	64 000	65 000
Financial Balance	−90 000	−29 000	−64 000	−65 000
Earnings Before Tax	719 000	1 144 000	1 101 000	1 102 000
Tax	169 000	252 000	242 000	243 000
Net Income	550 000	892 000	859 000	860 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 173 000	1 049 000	1 126 000	859 000
Total Current Assets	9 294 000	8 419 000	7 368 000	5 893 000
Total Assets	10 467 000	9 468 000	8 493 000	6 752 000
Total Retained Equity	4 719 000	4 168 000	3 276 000	3 217 000
Total Equity	4 819 000	4 268 000	3 376 000	3 317 000
Total Long-Term Debt	1 107 000	675 000	775 000	368 000
Total Current Debt	4 541 000	4 525 000	4 342 000	3 068 000
Total Equity and Debt	10 467 000	9 468 000	8 493 000	6 752 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 432 000	12 548 000	10 028 000	10 073 000
Other Income	75 000	107 000	29 000	110 000
Revenue	13 507 000	12 656 000	10 057 000	10 183 000
Cost of Goods Sold	7 628 000	6 282 000	4 393 000	4 036 000
Salary Costs	2 815 000	3 118 000	2 770 000	3 402 000
Depreciation	412 000	347 000	332 000	229 000
Impairment	0	0	0	0
Expenditure	12 699 000	11 483 000	8 892 000	9 017 000
Operating Profit	809 000	1 173 000	1 165 000	1 167 000
Financial Income	12 000	28 000	0	0
Financial Costs	102 000	57 000	64 000	65 000
Financial Balance	−90 000	−29 000	−64 000	−65 000
Dividends	0	0	800 000	600 000
Net Income	550 000	892 000	859 000	860 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	56 000	33 000	19 000	32 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	957 000	815 000	1 107 000	827 000
Total Tangible Assets	957 000	815 000	1 107 000	827 000
Total Fiancial Fixed Assets	160 000	201 000	0	0
Total Fixed Assets	1 173 000	1 049 000	1 126 000	859 000
Stock	1 691 000	2 130 000	2 070 000	2 070 000
Total Investments	0	0	0	0
Cash, Bank	158 000	96 000	102 000	119 000
Total Current Assets	9 294 000	8 419 000	7 368 000	5 893 000
Total Assets	10 467 000	9 468 000	8 493 000	6 752 000
Total Equity	4 819 000	4 268 000	3 376 000	3 317 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 107 000	675 000	775 000	368 000
Creditors	1 308 000	1 682 000	574 000	339 000
Unpaid Taxes	1 082 000	505 000	888 000	574 000
Dividends	0	0	800 000	600 000
Other Current Debt	1 261 000	1 302 000	1 314 000	712 000
Total Current Debt	4 541 000	4 525 000	4 342 000	3 068 000
Total Equity and Debt	10 467 000	9 468 000	8 493 000	6 752 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,41 %	20,9 %	25,44 %	25,93 %
Debt-to-Equity Ratio	0,23	0,16	0,23	0,11
Operating Profit Margin	5,99 %	9,27 %	11,58 %	11,46 %
Current Ratio	2,05	1,86	1,7	1,92
Quick Ratio	3,26	3,52	3,24	5,9
Equity Ratio	0,46	0,45	0,4	0,49
Gross Profit Margin	43,53 %	50,36 %	56,32 %	60,37 %