FORNYERSERVICE AS

3077 SANDE I VESTFOLD

Finances

Return on Equity

12,09 %

Current Ratio

3,46

Debt-to-Equity Ratio

0,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	55 178 000	48 627 000	64 010 000	41 448 000
Net Income	19 649 000	11 826 000	25 331 000	7 392 000
Total Assets	283 332 000	276 980 000	270 485 000	241 367 000
Total Equity	162 585 000	144 814 000	136 533 000	117 807 000

Income (NOK)	2022	2021	2020	2019
Revenue	55 178 000	48 627 000	64 010 000	41 448 000
Expenditure	44 435 000	37 722 000	31 673 000	31 016 000
Operating Profit	10 743 000	10 905 000	32 337 000	10 431 000
Financial Income	14 079 000	4 687 000	4 414 000	2 137 000
Financial Costs	3 080 000	1 662 000	4 674 000	3 373 000
Financial Balance	10 999 000	3 025 000	−260 000	−1 236 000
Earnings Before Tax	21 742 000	13 930 000	32 076 000	9 195 000
Tax	2 092 000	2 104 000	6 745 000	1 803 000
Net Income	19 649 000	11 826 000	25 331 000	7 392 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	238 634 000	242 875 000	236 100 000	213 989 000
Total Current Assets	44 697 000	34 105 000	34 385 000	27 378 000
Total Assets	283 332 000	276 980 000	270 485 000	241 367 000
Total Retained Equity	162 235 000	144 464 000	136 183 000	117 457 000
Total Equity	162 585 000	144 814 000	136 533 000	117 807 000
Total Long-Term Debt	107 822 000	120 541 000	121 917 000	111 397 000
Total Current Debt	12 925 000	11 625 000	12 035 000	12 163 000
Total Equity and Debt	283 332 000	276 980 000	270 485 000	241 367 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	55 178 000	47 910 000	64 010 000	37 077 000
Other Income	0	717 000	0	4 371 000
Revenue	55 178 000	48 627 000	64 010 000	41 448 000
Cost of Goods Sold	24 765 000	20 664 000	16 614 000	16 141 000
Salary Costs	10 485 000	9 695 000	7 667 000	8 732 000
Depreciation	1 190 000	1 055 000	996 000	362 000
Impairment	0	0	0	0
Expenditure	44 435 000	37 722 000	31 673 000	31 016 000
Operating Profit	10 743 000	10 905 000	32 337 000	10 431 000
Financial Income	14 079 000	4 687 000	4 414 000	2 137 000
Financial Costs	3 080 000	1 662 000	4 674 000	3 373 000
Financial Balance	10 999 000	3 025 000	−260 000	−1 236 000
Dividends	3 000 000	3 000 000	2 500 000	0
Net Income	19 649 000	11 826 000	25 331 000	7 392 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	11 906 000	11 906 000	11 906 000	12 830 000
Total Intangible Assets	11 906 000	12 055 000	12 055 000	12 979 000
Real Eastate	212 383 000	217 227 000	213 114 000	185 259 000
Machinery and Plant Facilities	51 000	104 000	182 000	295 000
Fixtures	877 000	813 000	828 000	502 000
Total Tangible Assets	213 311 000	218 144 000	214 125 000	186 056 000
Total Fiancial Fixed Assets	13 417 000	12 676 000	9 920 000	14 953 000
Total Fixed Assets	238 634 000	242 875 000	236 100 000	213 989 000
Stock	15 884 000	14 907 000	14 261 000	14 000 000
Total Investments	7 273 000	2 283 000	990 000	1 359 000
Cash, Bank	9 694 000	6 968 000	9 747 000	1 596 000
Total Current Assets	44 697 000	34 105 000	34 385 000	27 378 000
Total Assets	283 332 000	276 980 000	270 485 000	241 367 000
Total Equity	162 585 000	144 814 000	136 533 000	117 807 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	107 822 000	120 541 000	121 917 000	111 397 000
Creditors	6 028 000	3 427 000	4 302 000	4 407 000
Unpaid Taxes	2 123 000	2 437 000	2 034 000	2 530 000
Dividends	3 000 000	3 000 000	2 500 000	0
Other Current Debt	3 334 000	4 131 000	5 270 000	4 270 000
Total Current Debt	12 925 000	11 625 000	12 035 000	12 163 000
Total Equity and Debt	283 332 000	276 980 000	270 485 000	241 367 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,09 %	8,17 %	18,55 %	6,27 %
Debt-to-Equity Ratio	0,66	0,83	0,89	0,95
Operating Profit Margin	19,47 %	22,43 %	50,52 %	25,17 %
Current Ratio	3,46	2,93	2,86	2,25
Quick Ratio	−15,11	−10,39	−15,45	−14,9
Equity Ratio	0,57	0,52	0,5	0,49
Gross Profit Margin	55,12 %	57,51 %	74,04 %	61,06 %