FAGMEK AS

8063 VÆRØY

Finances

Share Ownership

Return on Equity

38,13 %

Current Ratio

2,51

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 320 000	12 889 000	5 711 000	10 329 000
Net Income	2 218 000	401 000	657 000	715 000
Total Assets	8 252 000	5 110 000	5 503 000	4 495 000
Total Equity	5 817 000	3 899 000	3 698 000	3 240 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 320 000	12 889 000	5 711 000	10 329 000
Expenditure	7 458 000	12 364 000	4 937 000	9 429 000
Operating Profit	2 864 000	525 000	774 000	900 000
Financial Income	2 000	0	0	1 000
Financial Costs	8 000	8 000	17 000	27 000
Financial Balance	−6 000	−8 000	−17 000	−26 000
Earnings Before Tax	2 858 000	517 000	758 000	875 000
Tax	640 000	116 000	101 000	160 000
Net Income	2 218 000	401 000	657 000	715 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 312 000	1 733 000	849 000	683 000
Total Current Assets	5 940 000	3 376 000	4 654 000	3 812 000
Total Assets	8 252 000	5 110 000	5 503 000	4 495 000
Total Retained Equity	5 667 000	3 749 000	3 548 000	3 090 000
Total Equity	5 817 000	3 899 000	3 698 000	3 240 000
Total Long-Term Debt	69 000	87 000	228 000	389 000
Total Current Debt	2 367 000	1 124 000	1 578 000	866 000
Total Equity and Debt	8 252 000	5 110 000	5 503 000	4 495 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 220 000	12 810 000	4 980 000	10 039 000
Other Income	101 000	79 000	731 000	290 000
Revenue	10 320 000	12 889 000	5 711 000	10 329 000
Cost of Goods Sold	2 124 000	7 564 000	1 181 000	5 470 000
Salary Costs	2 555 000	2 234 000	1 626 000	1 745 000
Depreciation	465 000	371 000	254 000	354 000
Impairment	0	0	0	0
Expenditure	7 458 000	12 364 000	4 937 000	9 429 000
Operating Profit	2 864 000	525 000	774 000	900 000
Financial Income	2 000	0	0	1 000
Financial Costs	8 000	8 000	17 000	27 000
Financial Balance	−6 000	−8 000	−17 000	−26 000
Dividends	300 000	200 000	200 000	0
Net Income	2 218 000	401 000	657 000	715 000

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	1 315 000	882 000	649 000	412 000
Fixtures	967 000	821 000	170 000	241 000
Total Tangible Assets	2 282 000	1 703 000	819 000	653 000
Total Fiancial Fixed Assets	30 000	30 000	30 000	30 000
Total Fixed Assets	2 312 000	1 733 000	849 000	683 000
Stock	477 000	361 000	538 000	384 000
Total Investments	0	0	0	0
Cash, Bank	4 520 000	2 380 000	2 446 000	1 924 000
Total Current Assets	5 940 000	3 376 000	4 654 000	3 812 000
Total Assets	8 252 000	5 110 000	5 503 000	4 495 000
Total Equity	5 817 000	3 899 000	3 698 000	3 240 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	69 000	87 000	228 000	389 000
Creditors	623 000	263 000	677 000	97 000
Unpaid Taxes	499 000	270 000	431 000	408 000
Dividends	300 000	200 000	200 000	0
Other Current Debt	342 000	300 000	175 000	202 000
Total Current Debt	2 367 000	1 124 000	1 578 000	866 000
Total Equity and Debt	8 252 000	5 110 000	5 503 000	4 495 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,13 %	10,28 %	17,77 %	22,07 %
Debt-to-Equity Ratio	0,01	0,02	0,06	0,12
Operating Profit Margin	27,75 %	4,07 %	13,55 %	8,71 %
Current Ratio	2,51	3	2,95	4,4
Quick Ratio	3,14	4,42	4,48	7,91
Equity Ratio	0,7	0,76	0,67	0,72
Gross Profit Margin	79,42 %	41,31 %	79,32 %	47,04 %