FØRDE VAREHUS AS

6800 FØRDE

Finances

Return on Equity

57,03 %

Current Ratio

2,46

Debt-to-Equity Ratio

0,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	43 043 000	43 062 000	37 795 000	32 024 000
Net Income	4 346 000	5 360 000	4 002 000	1 676 000
Total Assets	18 142 000	17 328 000	18 743 000	15 139 000
Total Equity	7 621 000	4 774 000	12 615 000	9 813 000

Income (NOK)	2022	2021	2020	2019
Revenue	43 043 000	43 062 000	37 795 000	32 024 000
Expenditure	37 497 000	36 248 000	32 639 000	29 933 000
Operating Profit	5 546 000	6 815 000	5 156 000	2 091 000
Financial Income	163 000	106 000	130 000	111 000
Financial Costs	123 000	50 000	154 000	52 000
Financial Balance	40 000	56 000	−24 000	59 000
Earnings Before Tax	5 586 000	6 872 000	5 132 000	2 150 000
Tax	1 240 000	1 512 000	1 131 000	474 000
Net Income	4 346 000	5 360 000	4 002 000	1 676 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	488 000	676 000	918 000	1 073 000
Total Current Assets	17 654 000	16 652 000	17 825 000	14 067 000
Total Assets	18 142 000	17 328 000	18 743 000	15 139 000
Total Retained Equity	7 421 000	4 574 000	12 155 000	9 353 000
Total Equity	7 621 000	4 774 000	12 615 000	9 813 000
Total Long-Term Debt	3 333 000	5 007 000	0	0
Total Current Debt	7 188 000	7 547 000	6 128 000	5 326 000
Total Equity and Debt	18 142 000	17 328 000	18 743 000	15 139 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	43 037 000	43 024 000	37 746 000	31 966 000
Other Income	6 000	38 000	50 000	58 000
Revenue	43 043 000	43 062 000	37 795 000	32 024 000
Cost of Goods Sold	25 650 000	25 521 000	22 962 000	19 783 000
Salary Costs	5 865 000	4 927 000	4 194 000	4 356 000
Depreciation	188 000	198 000	208 000	204 000
Impairment	0	0	0	0
Expenditure	37 497 000	36 248 000	32 639 000	29 933 000
Operating Profit	5 546 000	6 815 000	5 156 000	2 091 000
Financial Income	163 000	106 000	130 000	111 000
Financial Costs	123 000	50 000	154 000	52 000
Financial Balance	40 000	56 000	−24 000	59 000
Dividends	1 500 000	2 200 000	1 200 000	1 500 000
Net Income	4 346 000	5 360 000	4 002 000	1 676 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	44 000	22 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	44 000	183 000	331 000	479 000
Fixtures	214 000	263 000	313 000	341 000
Total Tangible Assets	258 000	446 000	644 000	820 000
Total Fiancial Fixed Assets	230 000	230 000	230 000	230 000
Total Fixed Assets	488 000	676 000	918 000	1 073 000
Stock	7 192 000	6 587 000	6 297 000	5 803 000
Total Investments	0	0	0	0
Cash, Bank	9 579 000	9 043 000	10 619 000	7 421 000
Total Current Assets	17 654 000	16 652 000	17 825 000	14 067 000
Total Assets	18 142 000	17 328 000	18 743 000	15 139 000
Total Equity	7 621 000	4 774 000	12 615 000	9 813 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 333 000	5 007 000	0	0
Creditors	1 749 000	1 420 000	1 684 000	1 537 000
Unpaid Taxes	2 058 000	1 921 000	1 566 000	1 282 000
Dividends	1 500 000	2 200 000	1 200 000	1 500 000
Other Current Debt	634 000	545 000	525 000	441 000
Total Current Debt	7 188 000	7 547 000	6 128 000	5 326 000
Total Equity and Debt	18 142 000	17 328 000	18 743 000	15 139 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,03 %	112,27 %	31,72 %	17,08 %
Debt-to-Equity Ratio	0,44	1,05	0	0
Operating Profit Margin	12,88 %	15,83 %	13,64 %	6,53 %
Current Ratio	2,46	2,21	2,91	2,64
Quick Ratio	−4 413,5	17,35	−105,47	−29,49
Equity Ratio	0,42	0,28	0,67	0,65
Gross Profit Margin	40,41 %	40,73 %	39,25 %	38,22 %