FORD HARSTAD AS

9411 HARSTAD

Finances

Share Ownership

Return on Equity

26,76 %

Current Ratio

2,04

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	73 285 000	101 417 000	57 703 000	54 986 000
Net Income	3 357 000	2 343 000	110 000	405 000
Total Assets	28 643 000	26 685 000	19 609 000	20 682 000
Total Equity	12 545 000	10 188 000	9 345 000	9 486 000

Income (NOK)	2022	2021	2020	2019
Revenue	73 285 000	101 417 000	57 703 000	54 986 000
Expenditure	68 778 000	98 093 000	57 327 000	54 097 000
Operating Profit	4 506 000	3 324 000	375 000	890 000
Financial Income	119 000	35 000	62 000	69 000
Financial Costs	311 000	347 000	271 000	419 000
Financial Balance	−192 000	−312 000	−209 000	−350 000
Earnings Before Tax	4 315 000	3 013 000	166 000	540 000
Tax	958 000	670 000	56 000	135 000
Net Income	3 357 000	2 343 000	110 000	405 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 825 000	1 619 000	1 478 000	2 046 000
Total Current Assets	26 818 000	25 066 000	18 131 000	18 636 000
Total Assets	28 643 000	26 685 000	19 609 000	20 682 000
Total Retained Equity	11 777 000	9 420 000	8 577 000	8 718 000
Total Equity	12 545 000	10 188 000	9 345 000	9 486 000
Total Long-Term Debt	2 940 000	5 021 000	2 239 000	3 063 000
Total Current Debt	13 157 000	11 476 000	8 024 000	8 133 000
Total Equity and Debt	28 643 000	26 685 000	19 609 000	20 682 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	72 629 000	100 528 000	56 640 000	54 094 000
Other Income	655 000	889 000	1 063 000	893 000
Revenue	73 285 000	101 417 000	57 703 000	54 986 000
Cost of Goods Sold	42 790 000	75 241 000	35 767 000	32 108 000
Salary Costs	14 685 000	12 038 000	11 859 000	11 892 000
Depreciation	206 000	238 000	405 000	363 000
Impairment	0	0	0	0
Expenditure	68 778 000	98 093 000	57 327 000	54 097 000
Operating Profit	4 506 000	3 324 000	375 000	890 000
Financial Income	119 000	35 000	62 000	69 000
Financial Costs	311 000	347 000	271 000	419 000
Financial Balance	−192 000	−312 000	−209 000	−350 000
Dividends	1 000 000	1 500 000	0	0
Net Income	3 357 000	2 343 000	110 000	405 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	104 000	141 000	125 000	59 000
Real Eastate	145 000	0	42 000	98 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 338 000	1 120 000	834 000	1 293 000
Total Tangible Assets	1 483 000	1 120 000	877 000	1 391 000
Total Fiancial Fixed Assets	238 000	357 000	477 000	596 000
Total Fixed Assets	1 825 000	1 619 000	1 478 000	2 046 000
Stock	17 032 000	16 885 000	13 527 000	12 013 000
Total Investments	0	0	0	0
Cash, Bank	5 896 000	5 359 000	2 355 000	3 999 000
Total Current Assets	26 818 000	25 066 000	18 131 000	18 636 000
Total Assets	28 643 000	26 685 000	19 609 000	20 682 000
Total Equity	12 545 000	10 188 000	9 345 000	9 486 000
Short-Term Group Debt	0	0	322 000	239 000
Total Long-Term Debt	2 940 000	5 021 000	2 239 000	3 063 000
Creditors	5 075 000	2 709 000	1 487 000	2 587 000
Unpaid Taxes	1 247 000	1 302 000	1 425 000	1 153 000
Dividends	1 000 000	1 500 000	0	0
Other Current Debt	2 298 000	2 046 000	2 416 000	2 175 000
Total Current Debt	13 157 000	11 476 000	8 024 000	8 133 000
Total Equity and Debt	28 643 000	26 685 000	19 609 000	20 682 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,76 %	23 %	1,18 %	4,27 %
Debt-to-Equity Ratio	0,23	0,49	0,24	0,32
Operating Profit Margin	6,15 %	3,28 %	0,65 %	1,62 %
Current Ratio	2,04	2,18	2,26	2,29
Quick Ratio	−6,92	−4,63	−3,29	−4,8
Equity Ratio	0,44	0,38	0,48	0,46
Gross Profit Margin	41,61 %	25,81 %	38,02 %	41,61 %