FARGE OG FLIS HARSTAD AS

9406 HARSTAD

Finances

Return on Equity

16,35 %

Current Ratio

1,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 823 000	15 040 000	15 038 000	11 693 000
Net Income	381 000	611 000	1 244 000	366 000
Total Assets	5 095 000	5 098 000	4 500 000	4 237 000
Total Equity	2 330 000	1 949 000	1 837 000	1 262 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 823 000	15 040 000	15 038 000	11 693 000
Expenditure	13 348 000	14 349 000	13 766 000	11 259 000
Operating Profit	475 000	691 000	1 273 000	434 000
Financial Income	19 000	6 000	11 000	10 000
Financial Costs	3 000	3 000	39 000	78 000
Financial Balance	16 000	3 000	−28 000	−68 000
Earnings Before Tax	491 000	694 000	1 244 000	366 000
Tax	110 000	83 000	0	0
Net Income	381 000	611 000	1 244 000	366 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	305 000	276 000	36 000	150 000
Total Current Assets	4 790 000	4 823 000	4 464 000	4 088 000
Total Assets	5 095 000	5 098 000	4 500 000	4 237 000
Total Retained Equity	492 000	111 000	0	−858 000
Total Equity	2 330 000	1 949 000	1 837 000	1 262 000
Total Long-Term Debt	0	0	0	518 000
Total Current Debt	2 765 000	3 150 000	2 663 000	2 457 000
Total Equity and Debt	5 095 000	5 098 000	4 500 000	4 237 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 823 000	15 040 000	15 038 000	11 693 000
Other Income	0	0	0	0
Revenue	13 823 000	15 040 000	15 038 000	11 693 000
Cost of Goods Sold	8 361 000	8 981 000	9 442 000	7 046 000
Salary Costs	2 708 000	3 082 000	2 521 000	2 481 000
Depreciation	17 000	10 000	10 000	8 000
Impairment	0	0	0	0
Expenditure	13 348 000	14 349 000	13 766 000	11 259 000
Operating Profit	475 000	691 000	1 273 000	434 000
Financial Income	19 000	6 000	11 000	10 000
Financial Costs	3 000	3 000	39 000	78 000
Financial Balance	16 000	3 000	−28 000	−68 000
Dividends	0	500 000	300 000	0
Net Income	381 000	611 000	1 244 000	366 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	52 000	23 000	32 000	42 000
Total Tangible Assets	52 000	23 000	32 000	42 000
Total Fiancial Fixed Assets	253 000	253 000	4 000	108 000
Total Fixed Assets	305 000	276 000	36 000	150 000
Stock	2 878 000	2 383 000	2 032 000	2 733 000
Total Investments	0	0	0	0
Cash, Bank	1 048 000	1 618 000	1 206 000	74 000
Total Current Assets	4 790 000	4 823 000	4 464 000	4 088 000
Total Assets	5 095 000	5 098 000	4 500 000	4 237 000
Total Equity	2 330 000	1 949 000	1 837 000	1 262 000
Short-Term Group Debt	635 000	260 000	369 000	0
Total Long-Term Debt	0	0	0	518 000
Creditors	1 404 000	1 172 000	1 377 000	1 997 000
Unpaid Taxes	371 000	622 000	398 000	140 000
Dividends	0	500 000	300 000	0
Other Current Debt	246 000	513 000	219 000	217 000
Total Current Debt	2 765 000	3 150 000	2 663 000	2 457 000
Total Equity and Debt	5 095 000	5 098 000	4 500 000	4 237 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,35 %	31,35 %	67,72 %	29 %
Debt-to-Equity Ratio	0	0	0	0,41
Operating Profit Margin	3,44 %	4,59 %	8,47 %	3,71 %
Current Ratio	1,73	1,53	1,68	1,66
Quick Ratio	−42,39	6,29	7,07	−14,81
Equity Ratio	0,46	0,38	0,41	0,3
Gross Profit Margin	39,51 %	40,29 %	37,21 %	39,74 %