FØRRE RØR AS

5563 FØRRESFJORDEN

Finances

Return on Equity

12,73 %

Current Ratio

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 498 000	4 615 000	3 552 000	4 302 000
Net Income	177 000	272 000	−198 000	421 000
Total Assets	2 523 000	2 444 000	1 643 000	2 171 000
Total Equity	1 390 000	1 212 000	940 000	1 139 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 498 000	4 615 000	3 552 000	4 302 000
Expenditure	5 277 000	4 272 000	3 809 000	3 765 000
Operating Profit	221 000	344 000	−257 000	537 000
Financial Income	10 000	6 000	7 000	6 000
Financial Costs	3 000	3 000	5 000	4 000
Financial Balance	7 000	3 000	2 000	2 000
Earnings Before Tax	228 000	347 000	−256 000	540 000
Tax	50 000	75 000	−57 000	119 000
Net Income	177 000	272 000	−198 000	421 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	286 000	325 000	207 000	234 000
Total Current Assets	2 238 000	2 119 000	1 436 000	1 937 000
Total Assets	2 523 000	2 444 000	1 643 000	2 171 000
Total Retained Equity	1 290 000	1 112 000	840 000	1 039 000
Total Equity	1 390 000	1 212 000	940 000	1 139 000
Total Long-Term Debt	16 000	43 000	85 000	55 000
Total Current Debt	1 118 000	1 189 000	618 000	978 000
Total Equity and Debt	2 523 000	2 444 000	1 643 000	2 171 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 498 000	4 615 000	3 552 000	4 222 000
Other Income	0	0	0	80 000
Revenue	5 498 000	4 615 000	3 552 000	4 302 000
Cost of Goods Sold	2 174 000	1 598 000	1 644 000	1 603 000
Salary Costs	2 089 000	1 750 000	1 472 000	1 475 000
Depreciation	47 000	39 000	27 000	27 000
Impairment	0	0	0	0
Expenditure	5 277 000	4 272 000	3 809 000	3 765 000
Operating Profit	221 000	344 000	−257 000	537 000
Financial Income	10 000	6 000	7 000	6 000
Financial Costs	3 000	3 000	5 000	4 000
Financial Balance	7 000	3 000	2 000	2 000
Dividends	0	0	0	200 000
Net Income	177 000	272 000	−198 000	421 000

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	187 000	234 000	152 000	179 000
Total Tangible Assets	187 000	234 000	152 000	179 000
Total Fiancial Fixed Assets	99 000	91 000	55 000	55 000
Total Fixed Assets	286 000	325 000	207 000	234 000
Stock	601 000	546 000	331 000	276 000
Total Investments	0	0	0	0
Cash, Bank	533 000	580 000	444 000	849 000
Total Current Assets	2 238 000	2 119 000	1 436 000	1 937 000
Total Assets	2 523 000	2 444 000	1 643 000	2 171 000
Total Equity	1 390 000	1 212 000	940 000	1 139 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 000	43 000	85 000	55 000
Creditors	522 000	688 000	299 000	317 000
Unpaid Taxes	287 000	200 000	181 000	172 000
Dividends	0	0	0	200 000
Other Current Debt	231 000	224 000	138 000	173 000
Total Current Debt	1 118 000	1 189 000	618 000	978 000
Total Equity and Debt	2 523 000	2 444 000	1 643 000	2 171 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,73 %	22,44 %	−21,06 %	36,96 %
Debt-to-Equity Ratio	0,01	0,04	0,09	0,05
Operating Profit Margin	4,02 %	7,45 %	−7,24 %	12,48 %
Current Ratio	2	1,78	2,32	1,98
Quick Ratio	4,33	3,3	5	2,76
Equity Ratio	0,55	0,5	0,57	0,52
Gross Profit Margin	60,46 %	65,37 %	53,72 %	62,74 %