FINNØY ELEKTRO AS

4160 FINNØY

Finances

Return on Equity

31,48 %

Current Ratio

1,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 583 000	18 788 000	19 798 000	14 942 000
Net Income	1 584 000	1 604 000	1 828 000	1 415 000
Total Assets	15 127 000	14 944 000	16 046 000	14 072 000
Total Equity	5 032 000	3 447 000	2 843 000	9 923 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 583 000	18 788 000	19 798 000	14 942 000
Expenditure	20 493 000	17 307 000	17 480 000	13 166 000
Operating Profit	2 090 000	1 481 000	2 318 000	1 776 000
Financial Income	21 000	408 000	28 000	36 000
Financial Costs	78 000	6 000	8 000	2 000
Financial Balance	−57 000	402 000	20 000	34 000
Earnings Before Tax	2 033 000	1 883 000	2 339 000	1 810 000
Tax	449 000	279 000	511 000	395 000
Net Income	1 584 000	1 604 000	1 828 000	1 415 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 305 000	865 000	990 000	755 000
Total Current Assets	13 822 000	14 079 000	15 056 000	13 317 000
Total Assets	15 127 000	14 944 000	16 046 000	14 072 000
Total Retained Equity	4 632 000	3 047 000	2 443 000	9 523 000
Total Equity	5 032 000	3 447 000	2 843 000	9 923 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 095 000	11 497 000	13 202 000	4 149 000
Total Equity and Debt	15 127 000	14 944 000	16 046 000	14 072 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 580 000	18 788 000	19 776 000	14 919 000
Other Income	3 000	0	22 000	23 000
Revenue	22 583 000	18 788 000	19 798 000	14 942 000
Cost of Goods Sold	10 775 000	8 922 000	9 449 000	5 485 000
Salary Costs	7 536 000	6 247 000	6 441 000	6 414 000
Depreciation	124 000	92 000	91 000	79 000
Impairment	0	0	0	0
Expenditure	20 493 000	17 307 000	17 480 000	13 166 000
Operating Profit	2 090 000	1 481 000	2 318 000	1 776 000
Financial Income	21 000	408 000	28 000	36 000
Financial Costs	78 000	6 000	8 000	2 000
Financial Balance	−57 000	402 000	20 000	34 000
Dividends	0	1 000 000	8 907 000	1 000 000
Net Income	1 584 000	1 604 000	1 828 000	1 415 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	38 000	66 000	34 000	45 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	825 000	357 000	396 000	149 000
Total Tangible Assets	825 000	357 000	396 000	149 000
Total Fiancial Fixed Assets	442 000	442 000	560 000	560 000
Total Fixed Assets	1 305 000	865 000	990 000	755 000
Stock	1 550 000	1 420 000	1 448 000	1 430 000
Total Investments	0	0	0	0
Cash, Bank	6 281 000	6 493 000	8 384 000	7 988 000
Total Current Assets	13 822 000	14 079 000	15 056 000	13 317 000
Total Assets	15 127 000	14 944 000	16 046 000	14 072 000
Total Equity	5 032 000	3 447 000	2 843 000	9 923 000
Short-Term Group Debt	5 901 000	5 950 000	1 024 000	510 000
Total Long-Term Debt	0	0	0	0
Creditors	1 106 000	1 761 000	481 000	397 000
Unpaid Taxes	1 304 000	1 638 000	1 374 000	1 000 000
Dividends	0	1 000 000	8 907 000	1 000 000
Other Current Debt	1 363 000	837 000	917 000	861 000
Total Current Debt	10 095 000	11 497 000	13 202 000	4 149 000
Total Equity and Debt	15 127 000	14 944 000	16 046 000	14 072 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,48 %	46,53 %	64,3 %	14,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,25 %	7,88 %	11,71 %	11,89 %
Current Ratio	1,37	1,22	1,14	3,21
Quick Ratio	1,62	1,4	1,28	4,9
Equity Ratio	0,33	0,23	0,18	0,71
Gross Profit Margin	52,29 %	52,51 %	52,27 %	63,29 %