FAGERNES KJØTT AS

2890 ETNEDAL

Finances

Return on Equity

21,27 %

Current Ratio

2,78

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 592 000	12 196 000	11 856 000	11 790 000
Net Income	783 000	767 000	883 000	601 000
Total Assets	5 163 000	4 300 000	5 503 000	5 234 000
Total Equity	3 681 000	2 898 000	2 901 000	2 620 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 592 000	12 196 000	11 856 000	11 790 000
Expenditure	12 588 000	11 204 000	10 691 000	10 963 000
Operating Profit	1 004 000	992 000	1 164 000	828 000
Financial Income	15 000	16 000	13 000	12 000
Financial Costs	15 000	24 000	45 000	69 000
Financial Balance	0	−8 000	−32 000	−57 000
Earnings Before Tax	1 004 000	984 000	1 132 000	771 000
Tax	221 000	217 000	250 000	170 000
Net Income	783 000	767 000	883 000	601 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 539 000	1 757 000	2 019 000	2 288 000
Total Current Assets	3 625 000	2 543 000	3 484 000	2 946 000
Total Assets	5 163 000	4 300 000	5 503 000	5 234 000
Total Retained Equity	3 380 000	2 597 000	2 600 000	1 920 000
Total Equity	3 681 000	2 898 000	2 901 000	2 620 000
Total Long-Term Debt	179 000	188 000	658 000	883 000
Total Current Debt	1 303 000	1 214 000	1 944 000	1 731 000
Total Equity and Debt	5 163 000	4 300 000	5 503 000	5 234 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 529 000	12 163 000	11 691 000	11 705 000
Other Income	63 000	33 000	165 000	85 000
Revenue	13 592 000	12 196 000	11 856 000	11 790 000
Cost of Goods Sold	6 236 000	5 507 000	5 360 000	5 527 000
Salary Costs	3 727 000	3 421 000	3 199 000	3 138 000
Depreciation	219 000	292 000	291 000	312 000
Impairment	0	0	0	0
Expenditure	12 588 000	11 204 000	10 691 000	10 963 000
Operating Profit	1 004 000	992 000	1 164 000	828 000
Financial Income	15 000	16 000	13 000	12 000
Financial Costs	15 000	24 000	45 000	69 000
Financial Balance	0	−8 000	−32 000	−57 000
Dividends	0	0	0	910 000
Net Income	783 000	767 000	883 000	601 000

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	1 531 000	1 749 000	2 011 000	2 280 000
Total Tangible Assets	1 531 000	1 749 000	2 011 000	2 280 000
Total Fiancial Fixed Assets	8 000	8 000	8 000	8 000
Total Fixed Assets	1 539 000	1 757 000	2 019 000	2 288 000
Stock	1 031 000	1 249 000	1 053 000	1 249 000
Total Investments	0	0	0	0
Cash, Bank	2 209 000	961 000	2 151 000	1 359 000
Total Current Assets	3 625 000	2 543 000	3 484 000	2 946 000
Total Assets	5 163 000	4 300 000	5 503 000	5 234 000
Total Equity	3 681 000	2 898 000	2 901 000	2 620 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	179 000	188 000	658 000	883 000
Creditors	276 000	319 000	614 000	424 000
Unpaid Taxes	419 000	306 000	310 000	319 000
Dividends	0	0	0	910 000
Other Current Debt	378 000	357 000	765 000	402 000
Total Current Debt	1 303 000	1 214 000	1 944 000	1 731 000
Total Equity and Debt	5 163 000	4 300 000	5 503 000	5 234 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,27 %	26,47 %	30,44 %	22,94 %
Debt-to-Equity Ratio	0,05	0,06	0,23	0,34
Operating Profit Margin	7,39 %	8,13 %	9,82 %	7,02 %
Current Ratio	2,78	2,09	1,79	1,7
Quick Ratio	13,33	−72,66	3,91	6,11
Equity Ratio	0,71	0,67	0,53	0,5
Gross Profit Margin	54,12 %	54,85 %	54,79 %	53,12 %