FØRDE FARGEHANDEL AS

6800 FØRDE

Finances

Share Ownership

Return on Equity

25,45 %

Current Ratio

2,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 529 000	13 081 000	11 526 000	9 335 000
Net Income	871 000	2 513 000	1 673 000	226 000
Total Assets	5 331 000	5 239 000	7 013 000	5 266 000
Total Equity	3 422 000	3 351 000	4 212 000	4 208 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 529 000	13 081 000	11 526 000	9 335 000
Expenditure	10 437 000	11 758 000	10 426 000	9 126 000
Operating Profit	1 091 000	1 324 000	1 101 000	209 000
Financial Income	26 000	1 486 000	823 000	70 000
Financial Costs	1 000	0	1 000	0
Financial Balance	25 000	1 486 000	822 000	70 000
Earnings Before Tax	1 117 000	2 809 000	1 924 000	279 000
Tax	246 000	296 000	250 000	53 000
Net Income	871 000	2 513 000	1 673 000	226 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	930 000	446 000	936 000	1 012 000
Total Current Assets	4 401 000	4 793 000	6 076 000	4 255 000
Total Assets	5 331 000	5 239 000	7 013 000	5 266 000
Total Retained Equity	3 235 000	3 164 000	3 712 000	3 708 000
Total Equity	3 422 000	3 351 000	4 212 000	4 208 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 909 000	1 888 000	2 801 000	1 058 000
Total Equity and Debt	5 331 000	5 239 000	7 013 000	5 266 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 505 000	13 080 000	11 504 000	9 311 000
Other Income	24 000	1 000	23 000	24 000
Revenue	11 529 000	13 081 000	11 526 000	9 335 000
Cost of Goods Sold	6 098 000	7 638 000	6 198 000	5 172 000
Salary Costs	2 296 000	2 190 000	2 215 000	1 961 000
Depreciation	149 000	69 000	93 000	93 000
Impairment	0	0	0	0
Expenditure	10 437 000	11 758 000	10 426 000	9 126 000
Operating Profit	1 091 000	1 324 000	1 101 000	209 000
Financial Income	26 000	1 486 000	823 000	70 000
Financial Costs	1 000	0	1 000	0
Financial Balance	25 000	1 486 000	822 000	70 000
Dividends	800 000	500 000	1 670 000	250 000
Net Income	871 000	2 513 000	1 673 000	226 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	36 000	16 000	19 000	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	128 000	0	0	0
Fixtures	766 000	431 000	136 000	229 000
Total Tangible Assets	894 000	431 000	136 000	229 000
Total Fiancial Fixed Assets	0	0	781 000	781 000
Total Fixed Assets	930 000	446 000	936 000	1 012 000
Stock	1 810 000	1 368 000	1 840 000	2 032 000
Total Investments	0	0	0	0
Cash, Bank	2 077 000	2 271 000	3 580 000	1 580 000
Total Current Assets	4 401 000	4 793 000	6 076 000	4 255 000
Total Assets	5 331 000	5 239 000	7 013 000	5 266 000
Total Equity	3 422 000	3 351 000	4 212 000	4 208 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	254 000	630 000	212 000	196 000
Unpaid Taxes	332 000	223 000	424 000	296 000
Dividends	800 000	500 000	1 670 000	250 000
Other Current Debt	256 000	242 000	227 000	259 000
Total Current Debt	1 909 000	1 888 000	2 801 000	1 058 000
Total Equity and Debt	5 331 000	5 239 000	7 013 000	5 266 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,45 %	74,99 %	39,72 %	5,37 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,46 %	10,12 %	9,55 %	2,24 %
Current Ratio	2,31	2,54	2,17	4,02
Quick Ratio	44,45	9,22	6,32	−4,37
Equity Ratio	0,64	0,64	0,6	0,8
Gross Profit Margin	47,11 %	41,61 %	46,23 %	44,6 %