FØRDE MEKANISKE INDUSTRI AS

6800 FØRDE

Finances

Share Ownership

Return on Equity

−6,32 %

Current Ratio

0,96

Debt-to-Equity Ratio

−0,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 038 000	2 756 000	3 575 000	3 579 000
Net Income	85 000	−152 000	−512 000	−278 000
Total Assets	869 000	599 000	796 000	1 358 000
Total Equity	−1 345 000	−1 429 000	−1 277 000	−765 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 038 000	2 756 000	3 575 000	3 579 000
Expenditure	2 896 000	2 844 000	4 031 000	3 779 000
Operating Profit	142 000	−88 000	−456 000	−200 000
Financial Income	0	0	0	0
Financial Costs	58 000	64 000	56 000	92 000
Financial Balance	−58 000	−64 000	−56 000	−92 000
Earnings Before Tax	85 000	−152 000	−512 000	−292 000
Tax	0	0	0	−14 000
Net Income	85 000	−152 000	−512 000	−278 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	3 000	50 000
Total Current Assets	869 000	599 000	793 000	1 308 000
Total Assets	869 000	599 000	796 000	1 358 000
Total Retained Equity	−1 445 000	−1 529 000	−1 377 000	−865 000
Total Equity	−1 345 000	−1 429 000	−1 277 000	−765 000
Total Long-Term Debt	1 313 000	1 074 000	1 137 000	1 245 000
Total Current Debt	901 000	955 000	936 000	879 000
Total Equity and Debt	869 000	599 000	796 000	1 358 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 038 000	2 756 000	3 575 000	3 579 000
Other Income	0	0	0	0
Revenue	3 038 000	2 756 000	3 575 000	3 579 000
Cost of Goods Sold	1 126 000	1 348 000	1 887 000	1 644 000
Salary Costs	1 068 000	805 000	1 171 000	1 021 000
Depreciation	0	3 000	47 000	50 000
Impairment	0	0	0	0
Expenditure	2 896 000	2 844 000	4 031 000	3 779 000
Operating Profit	142 000	−88 000	−456 000	−200 000
Financial Income	0	0	0	0
Financial Costs	58 000	64 000	56 000	92 000
Financial Balance	−58 000	−64 000	−56 000	−92 000
Dividends	0	0	0	0
Net Income	85 000	−152 000	−512 000	−278 000

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	0	0	0	0
Fixtures	0	0	3 000	50 000
Total Tangible Assets	0	0	3 000	50 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	3 000	50 000
Stock	513 000	406 000	475 000	907 000
Total Investments	0	0	0	0
Cash, Bank	115 000	64 000	71 000	152 000
Total Current Assets	869 000	599 000	793 000	1 308 000
Total Assets	869 000	599 000	796 000	1 358 000
Total Equity	−1 345 000	−1 429 000	−1 277 000	−765 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 313 000	1 074 000	1 137 000	1 245 000
Creditors	595 000	626 000	507 000	559 000
Unpaid Taxes	174 000	144 000	140 000	194 000
Dividends	0	0	0	0
Other Current Debt	131 000	113 000	139 000	125 000
Total Current Debt	901 000	955 000	936 000	879 000
Total Equity and Debt	869 000	599 000	796 000	1 358 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,32 %	10,64 %	40,09 %	36,34 %
Debt-to-Equity Ratio	−0,98	−0,75	−0,89	−1,63
Operating Profit Margin	4,67 %	−3,19 %	−12,76 %	−5,59 %
Current Ratio	0,96	0,63	0,85	1,49
Quick Ratio	2,24	1,09	1,72	−46,71
Equity Ratio	−1,55	−2,39	−1,6	−0,56
Gross Profit Margin	62,94 %	51,09 %	47,22 %	54,07 %