FORMICA NORGE AS

0185 OSLO

Finances

Share Ownership

Return on Equity

6,72 %

Current Ratio

5,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 768 000	4 051 000	5 235 000	3 442 000
Net Income	178 000	240 000	124 000	176 000
Total Assets	3 303 000	3 276 000	2 710 000	2 417 000
Total Equity	2 647 000	2 464 000	2 224 000	2 100 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 768 000	4 051 000	5 235 000	3 442 000
Expenditure	3 538 000	3 672 000	5 075 000	3 216 000
Operating Profit	230 000	378 000	160 000	225 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	230 000	378 000	160 000	225 000
Tax	52 000	138 000	36 000	50 000
Net Income	178 000	240 000	124 000	176 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	97 000	97 000	74 000
Total Current Assets	3 303 000	3 178 000	2 613 000	2 343 000
Total Assets	3 303 000	3 276 000	2 710 000	2 417 000
Total Retained Equity	2 547 000	2 364 000	2 124 000	2 000 000
Total Equity	2 647 000	2 464 000	2 224 000	2 100 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	656 000	812 000	486 000	317 000
Total Equity and Debt	3 303 000	3 276 000	2 710 000	2 417 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 768 000	4 051 000	5 235 000	3 442 000
Other Income	0	0	0	0
Revenue	3 768 000	4 051 000	5 235 000	3 442 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 519 000	2 510 000	3 481 000	2 130 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 538 000	3 672 000	5 075 000	3 216 000
Operating Profit	230 000	378 000	160 000	225 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	178 000	240 000	124 000	176 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	97 000	97 000	74 000
Total Fixed Assets	0	97 000	97 000	74 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	55 000	77 000	66 000	49 000
Total Current Assets	3 303 000	3 178 000	2 613 000	2 343 000
Total Assets	3 303 000	3 276 000	2 710 000	2 417 000
Total Equity	2 647 000	2 464 000	2 224 000	2 100 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	26 000	83 000	13 000	2 000
Unpaid Taxes	316 000	305 000	269 000	171 000
Dividends	0	0	0	0
Other Current Debt	262 000	334 000	193 000	107 000
Total Current Debt	656 000	812 000	486 000	317 000
Total Equity and Debt	3 303 000	3 276 000	2 710 000	2 417 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,72 %	9,74 %	5,58 %	8,38 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,1 %	9,33 %	3,06 %	6,54 %
Current Ratio	5,04	3,91	5,38	7,39
Quick Ratio	5,04	3,91	5,38	7,39
Equity Ratio	0,8	0,75	0,82	0,87
Gross Profit Margin	100 %	100 %	100 %	100 %