FØRST & FREMST AS

0355 OSLO

Finances

Return on Equity

23,07 %

Current Ratio

1,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 308 000	3 868 000	2 319 000	3 055 000
Net Income	161 000	102 000	−158 000	115 000
Total Assets	1 035 000	843 000	524 000	1 116 000
Total Equity	698 000	537 000	435 000	594 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 308 000	3 868 000	2 319 000	3 055 000
Expenditure	2 073 000	3 734 000	2 474 000	2 928 000
Operating Profit	235 000	134 000	−155 000	127 000
Financial Income	0	0	0	0
Financial Costs	0	0	4 000	12 000
Financial Balance	0	0	−4 000	−12 000
Earnings Before Tax	234 000	134 000	−158 000	115 000
Tax	73 000	33 000	0	0
Net Income	161 000	102 000	−158 000	115 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	615 000	495 000	15 000	732 000
Total Current Assets	420 000	348 000	509 000	384 000
Total Assets	1 035 000	843 000	524 000	1 116 000
Total Retained Equity	578 000	417 000	315 000	474 000
Total Equity	698 000	537 000	435 000	594 000
Total Long-Term Debt	0	−6 000	−6 000	130 000
Total Current Debt	338 000	312 000	95 000	392 000
Total Equity and Debt	1 035 000	843 000	524 000	1 116 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 308 000	3 868 000	2 782 000	3 055 000
Other Income	0	0	−464 000	0
Revenue	2 308 000	3 868 000	2 319 000	3 055 000
Cost of Goods Sold	1 278 000	2 612 000	1 486 000	1 752 000
Salary Costs	439 000	238 000	230 000	747 000
Depreciation	0	0	44 000	48 000
Impairment	0	0	0	0
Expenditure	2 073 000	3 734 000	2 474 000	2 928 000
Operating Profit	235 000	134 000	−155 000	127 000
Financial Income	0	0	0	0
Financial Costs	0	0	4 000	12 000
Financial Balance	0	0	−4 000	−12 000
Dividends	0	0	0	0
Net Income	161 000	102 000	−158 000	115 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	540 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	480 000	480 000	0	192 000
Total Tangible Assets	480 000	480 000	0	732 000
Total Fiancial Fixed Assets	135 000	15 000	15 000	0
Total Fixed Assets	615 000	495 000	15 000	732 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	192 000	14 000	260 000	55 000
Total Current Assets	420 000	348 000	509 000	384 000
Total Assets	1 035 000	843 000	524 000	1 116 000
Total Equity	698 000	537 000	435 000	594 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	−6 000	−6 000	130 000
Creditors	146 000	216 000	57 000	21 000
Unpaid Taxes	47 000	41 000	5 000	91 000
Dividends	0	0	0	0
Other Current Debt	100 000	55 000	51 000	281 000
Total Current Debt	338 000	312 000	95 000	392 000
Total Equity and Debt	1 035 000	843 000	524 000	1 116 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,07 %	18,99 %	−36,32 %	19,36 %
Debt-to-Equity Ratio	0	−0,01	−0,01	0,22
Operating Profit Margin	10,18 %	3,46 %	−6,68 %	4,16 %
Current Ratio	1,24	1,12	5,36	0,98
Quick Ratio	1,24	1,12	5,36	0,98
Equity Ratio	0,67	0,64	0,83	0,53
Gross Profit Margin	44,63 %	32,47 %	35,92 %	42,65 %