FINSTAD GLASS AS

8370 LEKNES

Finances

Share Ownership

Return on Equity

14,86 %

Current Ratio

2,36

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 930 000	6 608 000	6 811 000	6 064 000
Net Income	269 000	473 000	518 000	101 000
Total Assets	3 947 000	3 963 000	3 378 000	3 213 000
Total Equity	1 810 000	1 652 000	1 471 000	1 042 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 930 000	6 608 000	6 811 000	6 064 000
Expenditure	6 574 000	6 011 000	6 142 000	5 868 000
Operating Profit	356 000	597 000	668 000	196 000
Financial Income	67 000	59 000	63 000	51 000
Financial Costs	95 000	60 000	99 000	104 000
Financial Balance	−28 000	−1 000	−36 000	−53 000
Earnings Before Tax	329 000	595 000	633 000	144 000
Tax	60 000	122 000	115 000	43 000
Net Income	269 000	473 000	518 000	101 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	205 000	243 000	282 000	93 000
Total Current Assets	3 742 000	3 721 000	3 096 000	3 120 000
Total Assets	3 947 000	3 963 000	3 378 000	3 213 000
Total Retained Equity	1 559 000	1 401 000	1 220 000	791 000
Total Equity	1 810 000	1 652 000	1 471 000	1 042 000
Total Long-Term Debt	549 000	308 000	406 000	500 000
Total Current Debt	1 588 000	2 004 000	1 501 000	1 671 000
Total Equity and Debt	3 947 000	3 963 000	3 378 000	3 213 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 888 000	6 593 000	6 783 000	6 019 000
Other Income	43 000	15 000	29 000	46 000
Revenue	6 930 000	6 608 000	6 811 000	6 064 000
Cost of Goods Sold	2 787 000	2 499 000	2 671 000	2 043 000
Salary Costs	2 350 000	2 290 000	2 095 000	2 291 000
Depreciation	28 000	29 000	18 000	15 000
Impairment	0	0	0	0
Expenditure	6 574 000	6 011 000	6 142 000	5 868 000
Operating Profit	356 000	597 000	668 000	196 000
Financial Income	67 000	59 000	63 000	51 000
Financial Costs	95 000	60 000	99 000	104 000
Financial Balance	−28 000	−1 000	−36 000	−53 000
Dividends	0	0	0	0
Net Income	269 000	473 000	518 000	101 000

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	118 000	134 000	51 000	0
Fixtures	71 000	83 000	195 000	49 000
Total Tangible Assets	189 000	217 000	246 000	49 000
Total Fiancial Fixed Assets	16 000	26 000	36 000	44 000
Total Fixed Assets	205 000	243 000	282 000	93 000
Stock	461 000	441 000	396 000	529 000
Total Investments	0	0	0	0
Cash, Bank	233 000	382 000	438 000	311 000
Total Current Assets	3 742 000	3 721 000	3 096 000	3 120 000
Total Assets	3 947 000	3 963 000	3 378 000	3 213 000
Total Equity	1 810 000	1 652 000	1 471 000	1 042 000
Short-Term Group Debt	143 000	317 000	114 000	185 000
Total Long-Term Debt	549 000	308 000	406 000	500 000
Creditors	693 000	906 000	649 000	995 000
Unpaid Taxes	482 000	486 000	438 000	192 000
Dividends	0	0	0	0
Other Current Debt	248 000	199 000	211 000	198 000
Total Current Debt	1 588 000	2 004 000	1 501 000	1 671 000
Total Equity and Debt	3 947 000	3 963 000	3 378 000	3 213 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,86 %	28,63 %	35,21 %	9,69 %
Debt-to-Equity Ratio	0,3	0,19	0,28	0,48
Operating Profit Margin	5,14 %	9,03 %	9,81 %	3,23 %
Current Ratio	2,36	1,86	2,06	1,87
Quick Ratio	3,32	2,38	2,8	2,73
Equity Ratio	0,46	0,42	0,44	0,32
Gross Profit Margin	59,78 %	62,18 %	60,78 %	66,31 %