FØRDE STÅL AS

6800 FØRDE

Finances

Return on Equity

15,34 %

Current Ratio

1,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 052 000	32 900 000	22 717 000	24 198 000
Net Income	917 000	823 000	718 000	1 082 000
Total Assets	11 494 000	10 380 000	9 340 000	8 031 000
Total Equity	5 976 000	5 659 000	5 436 000	5 119 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 052 000	32 900 000	22 717 000	24 198 000
Expenditure	40 918 000	31 882 000	21 824 000	22 877 000
Operating Profit	1 134 000	1 019 000	893 000	1 321 000
Financial Income	79 000	63 000	51 000	87 000
Financial Costs	36 000	24 000	21 000	18 000
Financial Balance	43 000	39 000	30 000	69 000
Earnings Before Tax	1 176 000	1 057 000	922 000	1 390 000
Tax	260 000	234 000	205 000	309 000
Net Income	917 000	823 000	718 000	1 082 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 040 000	1 141 000	291 000	222 000
Total Current Assets	10 454 000	9 239 000	9 050 000	7 809 000
Total Assets	11 494 000	10 380 000	9 340 000	8 031 000
Total Retained Equity	5 576 000	5 259 000	5 036 000	4 719 000
Total Equity	5 976 000	5 659 000	5 436 000	5 119 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 518 000	4 720 000	3 904 000	2 913 000
Total Equity and Debt	11 494 000	10 380 000	9 340 000	8 031 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	42 052 000	32 900 000	22 717 000	24 198 000
Other Income	0	0	0	0
Revenue	42 052 000	32 900 000	22 717 000	24 198 000
Cost of Goods Sold	34 784 000	26 375 000	16 897 000	18 008 000
Salary Costs	2 946 000	2 774 000	2 645 000	2 577 000
Depreciation	104 000	93 000	65 000	53 000
Impairment	0	0	0	0
Expenditure	40 918 000	31 882 000	21 824 000	22 877 000
Operating Profit	1 134 000	1 019 000	893 000	1 321 000
Financial Income	79 000	63 000	51 000	87 000
Financial Costs	36 000	24 000	21 000	18 000
Financial Balance	43 000	39 000	30 000	69 000
Dividends	600 000	600 000	400 000	500 000
Net Income	917 000	823 000	718 000	1 082 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	60 000	61 000	62 000	63 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	263 000	245 000	138 000	129 000
Fixtures	53 000	70 000	61 000	0
Total Tangible Assets	316 000	315 000	199 000	129 000
Total Fiancial Fixed Assets	664 000	765 000	30 000	30 000
Total Fixed Assets	1 040 000	1 141 000	291 000	222 000
Stock	4 363 000	4 800 000	3 280 000	4 287 000
Total Investments	0	0	0	0
Cash, Bank	3 566 000	466 000	3 744 000	1 911 000
Total Current Assets	10 454 000	9 239 000	9 050 000	7 809 000
Total Assets	11 494 000	10 380 000	9 340 000	8 031 000
Total Equity	5 976 000	5 659 000	5 436 000	5 119 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 695 000	3 180 000	2 732 000	1 432 000
Unpaid Taxes	665 000	420 000	293 000	389 000
Dividends	600 000	600 000	400 000	500 000
Other Current Debt	299 000	887 000	275 000	283 000
Total Current Debt	5 518 000	4 720 000	3 904 000	2 913 000
Total Equity and Debt	11 494 000	10 380 000	9 340 000	8 031 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,34 %	14,54 %	13,21 %	21,14 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,7 %	3,1 %	3,93 %	5,46 %
Current Ratio	1,89	1,96	2,32	2,68
Quick Ratio	9,05	−115,49	14,5	−5,68
Equity Ratio	0,52	0,55	0,58	0,64
Gross Profit Margin	17,28 %	19,83 %	25,62 %	25,58 %