FINNMARK ENTREPRENØR AS

9950 VARDØ

Finances

Return on Equity

0,91 %

Current Ratio

5,35

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 209 000	35 389 000	49 548 000	46 775 000
Net Income	424 000	6 018 000	11 094 000	2 951 000
Total Assets	58 689 000	60 523 000	54 423 000	40 826 000
Total Equity	46 441 000	46 017 000	39 999 000	28 905 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 209 000	35 389 000	49 548 000	46 775 000
Expenditure	37 814 000	27 437 000	35 405 000	42 795 000
Operating Profit	395 000	7 953 000	14 143 000	3 980 000
Financial Income	129 000	15 000	42 000	76 000
Financial Costs	49 000	53 000	121 000	280 000
Financial Balance	80 000	−38 000	−79 000	−204 000
Earnings Before Tax	474 000	7 915 000	14 064 000	3 776 000
Tax	51 000	1 897 000	2 970 000	825 000
Net Income	424 000	6 018 000	11 094 000	2 951 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 693 000	7 881 000	9 434 000	6 432 000
Total Current Assets	50 996 000	52 641 000	44 989 000	34 395 000
Total Assets	58 689 000	60 523 000	54 423 000	40 826 000
Total Retained Equity	45 164 000	44 740 000	38 722 000	27 628 000
Total Equity	46 441 000	46 017 000	39 999 000	28 905 000
Total Long-Term Debt	2 720 000	3 283 000	3 533 000	3 995 000
Total Current Debt	9 528 000	11 223 000	10 892 000	7 926 000
Total Equity and Debt	58 689 000	60 523 000	54 423 000	40 826 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 045 000	35 381 000	49 553 000	46 673 000
Other Income	164 000	9 000	−4 000	102 000
Revenue	38 209 000	35 389 000	49 548 000	46 775 000
Cost of Goods Sold	13 318 000	6 195 000	10 811 000	17 226 000
Salary Costs	12 721 000	10 806 000	10 394 000	13 375 000
Depreciation	2 078 000	1 898 000	1 359 000	1 229 000
Impairment	0	0	0	0
Expenditure	37 814 000	27 437 000	35 405 000	42 795 000
Operating Profit	395 000	7 953 000	14 143 000	3 980 000
Financial Income	129 000	15 000	42 000	76 000
Financial Costs	49 000	53 000	121 000	280 000
Financial Balance	80 000	−38 000	−79 000	−204 000
Dividends	0	0	0	0
Net Income	424 000	6 018 000	11 094 000	2 951 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 387 000	1 549 000	1 794 000	1 873 000
Machinery and Plant Facilities	5 246 000	5 804 000	2 874 000	2 879 000
Fixtures	597 000	228 000	1 678 000	1 679 000
Total Tangible Assets	7 229 000	7 581 000	9 434 000	6 432 000
Total Fiancial Fixed Assets	464 000	300 000	0	0
Total Fixed Assets	7 693 000	7 881 000	9 434 000	6 432 000
Stock	2 517 000	2 502 000	1 577 000	1 696 000
Total Investments	0	0	0	0
Cash, Bank	15 596 000	33 003 000	34 804 000	19 457 000
Total Current Assets	50 996 000	52 641 000	44 989 000	34 395 000
Total Assets	58 689 000	60 523 000	54 423 000	40 826 000
Total Equity	46 441 000	46 017 000	39 999 000	28 905 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 720 000	3 283 000	3 533 000	3 995 000
Creditors	2 458 000	2 156 000	1 815 000	3 335 000
Unpaid Taxes	4 740 000	5 446 000	4 594 000	1 756 000
Dividends	0	0	0	0
Other Current Debt	2 280 000	1 724 000	1 513 000	2 011 000
Total Current Debt	9 528 000	11 223 000	10 892 000	7 926 000
Total Equity and Debt	58 689 000	60 523 000	54 423 000	40 826 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,91 %	13,08 %	27,74 %	10,21 %
Debt-to-Equity Ratio	0,06	0,07	0,09	0,14
Operating Profit Margin	1,03 %	22,47 %	28,54 %	8,51 %
Current Ratio	5,35	4,69	4,13	4,34
Quick Ratio	7,27	6,04	4,83	5,52
Equity Ratio	0,79	0,76	0,73	0,71
Gross Profit Margin	65,14 %	82,49 %	78,18 %	63,17 %