FORAAS OMRÅDESIKRING AS

7038 TRONDHEIM

Finances

Return on Equity

36,62 %

Current Ratio

1,62

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	86 310 000	76 566 000	77 201 000	70 862 000
Net Income	5 086 000	3 746 000	4 933 000	−667 000
Total Assets	32 364 000	30 715 000	34 207 000	26 516 000
Total Equity	13 888 000	10 064 000	10 218 000	10 284 000

Income (NOK)	2022	2021	2020	2019
Revenue	86 310 000	76 566 000	77 201 000	70 862 000
Expenditure	79 379 000	71 462 000	69 853 000	71 289 000
Operating Profit	6 932 000	5 104 000	7 347 000	−427 000
Financial Income	288 000	211 000	366 000	243 000
Financial Costs	665 000	474 000	1 355 000	613 000
Financial Balance	−377 000	−263 000	−989 000	−370 000
Earnings Before Tax	6 555 000	4 841 000	6 359 000	−797 000
Tax	1 470 000	1 095 000	1 426 000	−130 000
Net Income	5 086 000	3 746 000	4 933 000	−667 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 583 000	4 421 000	2 915 000	3 558 000
Total Current Assets	28 781 000	26 293 000	31 291 000	22 959 000
Total Assets	32 364 000	30 715 000	34 207 000	26 516 000
Total Retained Equity	13 238 000	9 414 000	9 568 000	9 634 000
Total Equity	13 888 000	10 064 000	10 218 000	10 284 000
Total Long-Term Debt	735 000	563 000	3 045 000	1 357 000
Total Current Debt	17 740 000	20 087 000	20 944 000	14 875 000
Total Equity and Debt	32 364 000	30 715 000	34 207 000	26 516 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	86 310 000	76 566 000	77 201 000	70 862 000
Other Income	0	0	0	0
Revenue	86 310 000	76 566 000	77 201 000	70 862 000
Cost of Goods Sold	39 529 000	35 031 000	33 302 000	37 815 000
Salary Costs	26 912 000	23 889 000	23 768 000	21 918 000
Depreciation	862 000	750 000	720 000	659 000
Impairment	0	0	0	0
Expenditure	79 379 000	71 462 000	69 853 000	71 289 000
Operating Profit	6 932 000	5 104 000	7 347 000	−427 000
Financial Income	288 000	211 000	366 000	243 000
Financial Costs	665 000	474 000	1 355 000	613 000
Financial Balance	−377 000	−263 000	−989 000	−370 000
Dividends	0	0	2 000 000	0
Net Income	5 086 000	3 746 000	4 933 000	−667 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	85 000	134 000	177 000	221 000
Real Eastate	1 075 000	672 000	875 000	1 043 000
Machinery and Plant Facilities	1 892 000	1 921 000	1 625 000	2 037 000
Fixtures	407 000	369 000	108 000	120 000
Total Tangible Assets	3 373 000	2 962 000	2 608 000	3 199 000
Total Fiancial Fixed Assets	125 000	1 325 000	131 000	137 000
Total Fixed Assets	3 583 000	4 421 000	2 915 000	3 558 000
Stock	9 939 000	9 172 000	9 513 000	8 572 000
Total Investments	0	0	0	0
Cash, Bank	9 221 000	6 001 000	9 414 000	2 193 000
Total Current Assets	28 781 000	26 293 000	31 291 000	22 959 000
Total Assets	32 364 000	30 715 000	34 207 000	26 516 000
Total Equity	13 888 000	10 064 000	10 218 000	10 284 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	735 000	563 000	3 045 000	1 357 000
Creditors	4 721 000	4 813 000	6 690 000	7 280 000
Unpaid Taxes	7 147 000	4 471 000	4 650 000	4 128 000
Dividends	0	0	2 000 000	0
Other Current Debt	4 759 000	8 621 000	6 604 000	2 615 000
Total Current Debt	17 740 000	20 087 000	20 944 000	14 875 000
Total Equity and Debt	32 364 000	30 715 000	34 207 000	26 516 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,62 %	37,22 %	48,28 %	−6,49 %
Debt-to-Equity Ratio	0,05	0,06	0,3	0,13
Operating Profit Margin	8,03 %	6,67 %	9,52 %	−0,6 %
Current Ratio	1,62	1,31	1,49	1,54
Quick Ratio	3,69	2,41	2,74	3,64
Equity Ratio	0,43	0,33	0,3	0,39
Gross Profit Margin	54,2 %	54,25 %	56,86 %	46,64 %