FASSELAND MEKANISKE VERKSTED AS

4540 ÅSERAL

Finances

Return on Equity

21,55 %

Current Ratio

0,95

Debt-to-Equity Ratio

0,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 518 000	22 535 000	23 849 000	21 488 000
Net Income	1 616 000	1 507 000	964 000	865 000
Total Assets	34 279 000	30 397 000	24 320 000	17 638 000
Total Equity	7 500 000	5 884 000	4 377 000	3 414 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 518 000	22 535 000	23 849 000	21 488 000
Expenditure	29 408 000	25 920 000	28 231 000	20 550 000
Operating Profit	2 710 000	2 316 000	1 722 000	1 705 000
Financial Income	23 000	59 000	90 000	5 000
Financial Costs	676 000	455 000	589 000	601 000
Financial Balance	−653 000	−396 000	−499 000	−596 000
Earnings Before Tax	2 057 000	1 920 000	1 223 000	1 109 000
Tax	441 000	413 000	260 000	244 000
Net Income	1 616 000	1 507 000	964 000	865 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 718 000	13 040 000	14 028 000	11 503 000
Total Current Assets	21 561 000	17 357 000	10 292 000	6 135 000
Total Assets	34 279 000	30 397 000	24 320 000	17 638 000
Total Retained Equity	6 950 000	5 334 000	3 827 000	2 864 000
Total Equity	7 500 000	5 884 000	4 377 000	3 414 000
Total Long-Term Debt	4 041 000	4 787 000	5 760 000	6 791 000
Total Current Debt	22 737 000	19 726 000	14 182 000	7 433 000
Total Equity and Debt	34 279 000	30 397 000	24 320 000	17 638 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 323 000	22 037 000	23 374 000	20 677 000
Other Income	194 000	498 000	475 000	811 000
Revenue	35 518 000	22 535 000	23 849 000	21 488 000
Cost of Goods Sold	12 101 000	11 870 000	13 350 000	7 478 000
Salary Costs	9 881 000	7 772 000	8 735 000	7 747 000
Depreciation	1 225 000	1 217 000	1 202 000	917 000
Impairment	0	0	0	0
Expenditure	29 408 000	25 920 000	28 231 000	20 550 000
Operating Profit	2 710 000	2 316 000	1 722 000	1 705 000
Financial Income	23 000	59 000	90 000	5 000
Financial Costs	676 000	455 000	589 000	601 000
Financial Balance	−653 000	−396 000	−499 000	−596 000
Dividends	0	0	0	0
Net Income	1 616 000	1 507 000	964 000	865 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 755 000	9 904 000	10 283 000	10 083 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 727 000	2 885 000	3 480 000	1 202 000
Total Tangible Assets	12 482 000	12 789 000	13 763 000	11 285 000
Total Fiancial Fixed Assets	236 000	251 000	265 000	218 000
Total Fixed Assets	12 718 000	13 040 000	14 028 000	11 503 000
Stock	12 168 000	15 568 000	9 868 000	3 766 000
Total Investments	0	0	0	0
Cash, Bank	439 000	538 000	293 000	292 000
Total Current Assets	21 561 000	17 357 000	10 292 000	6 135 000
Total Assets	34 279 000	30 397 000	24 320 000	17 638 000
Total Equity	7 500 000	5 884 000	4 377 000	3 414 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 041 000	4 787 000	5 760 000	6 791 000
Creditors	6 337 000	2 270 000	2 449 000	1 540 000
Unpaid Taxes	949 000	1 640 000	551 000	1 053 000
Dividends	0	0	0	0
Other Current Debt	8 821 000	13 636 000	8 095 000	2 515 000
Total Current Debt	22 737 000	19 726 000	14 182 000	7 433 000
Total Equity and Debt	34 279 000	30 397 000	24 320 000	17 638 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,55 %	25,61 %	22,02 %	25,34 %
Debt-to-Equity Ratio	0,54	0,81	1,32	1,99
Operating Profit Margin	7,63 %	10,28 %	7,22 %	7,93 %
Current Ratio	0,95	0,88	0,73	0,83
Quick Ratio	2,04	4,17	2,39	1,67
Equity Ratio	0,22	0,19	0,18	0,19
Gross Profit Margin	65,93 %	47,33 %	44,02 %	65,2 %