FORESTIA AS

2435 BRASKEREIDFOSS

Finances

Share Ownership

Return on Equity

67,1 %

Current Ratio

2,15

Debt-to-Equity Ratio

1,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 104 088 000	940 112 000	834 566 000	765 668 000
Net Income	144 822 000	98 347 000	90 090 000	53 865 000
Total Assets	855 015 000	661 278 000	573 177 000	424 485 000
Total Equity	215 818 000	169 586 000	159 748 000	118 544 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 104 088 000	940 112 000	834 566 000	765 668 000
Expenditure	913 048 000	805 897 000	713 507 000	689 147 000
Operating Profit	190 673 000	133 058 000	120 009 000	75 242 000
Financial Income	13 755 000	7 242 000	12 831 000	3 618 000
Financial Costs	18 638 000	14 240 000	17 158 000	10 026 000
Financial Balance	−4 883 000	−6 998 000	−4 327 000	−6 408 000
Earnings Before Tax	185 790 000	126 059 000	115 681 000	68 833 000
Tax	40 968 000	27 713 000	25 591 000	14 968 000
Net Income	144 822 000	98 347 000	90 090 000	53 865 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	132 745 000	123 425 000	143 386 000	137 368 000
Total Current Assets	722 270 000	537 853 000	429 790 000	287 117 000
Total Assets	855 015 000	661 278 000	573 177 000	424 485 000
Total Retained Equity	142 847 000	96 615 000	85 628 000	42 312 000
Total Equity	215 818 000	169 586 000	159 748 000	118 544 000
Total Long-Term Debt	302 801 000	159 984 000	187 590 000	112 927 000
Total Current Debt	336 395 000	331 708 000	225 838 000	193 014 000
Total Equity and Debt	855 015 000	661 278 000	573 177 000	424 485 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 088 735 000	933 954 000	832 805 000	763 121 000
Other Income	15 353 000	6 158 000	1 761 000	2 547 000
Revenue	1 104 088 000	940 112 000	834 566 000	765 668 000
Cost of Goods Sold	499 784 000	440 243 000	393 763 000	370 426 000
Salary Costs	150 361 000	142 265 000	129 981 000	133 324 000
Depreciation	19 422 000	19 233 000	17 186 000	15 778 000
Impairment	0	0	0	0
Expenditure	913 048 000	805 897 000	713 507 000	689 147 000
Operating Profit	190 673 000	133 058 000	120 009 000	75 242 000
Financial Income	13 755 000	7 242 000	12 831 000	3 618 000
Financial Costs	18 638 000	14 240 000	17 158 000	10 026 000
Financial Balance	−4 883 000	−6 998 000	−4 327 000	−6 408 000
Dividends	0	0	0	0
Net Income	144 822 000	98 347 000	90 090 000	53 865 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 252 000	8 396 000	10 539 000	12 683 000
Real Eastate	−2 000	1 145 000	23 095 000	25 163 000
Machinery and Plant Facilities	105 850 000	94 469 000	103 824 000	78 310 000
Fixtures	20 645 000	19 415 000	3 081 000	21 212 000
Total Tangible Assets	126 493 000	115 029 000	130 001 000	124 685 000
Total Fiancial Fixed Assets	0	0	2 846 000	0
Total Fixed Assets	132 745 000	123 425 000	143 386 000	137 368 000
Stock	100 588 000	100 722 000	93 978 000	91 121 000
Total Investments	0	0	0	0
Cash, Bank	5 921 000	6 302 000	11 702 000	14 157 000
Total Current Assets	722 270 000	537 853 000	429 790 000	287 117 000
Total Assets	855 015 000	661 278 000	573 177 000	424 485 000
Total Equity	215 818 000	169 586 000	159 748 000	118 544 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	302 801 000	159 984 000	187 590 000	112 927 000
Creditors	167 040 000	183 805 000	120 891 000	113 822 000
Unpaid Taxes	12 885 000	9 736 000	13 941 000	9 000 000
Dividends	0	0	0	0
Other Current Debt	143 582 000	135 236 000	79 839 000	69 274 000
Total Current Debt	336 395 000	331 708 000	225 838 000	193 014 000
Total Equity and Debt	855 015 000	661 278 000	573 177 000	424 485 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67,1 %	57,99 %	56,4 %	45,44 %
Debt-to-Equity Ratio	1,4	0,94	1,17	0,95
Operating Profit Margin	17,27 %	14,15 %	14,38 %	9,83 %
Current Ratio	2,15	1,62	1,9	1,49
Quick Ratio	3,06	2,33	3,26	2,82
Equity Ratio	0,25	0,26	0,28	0,28
Gross Profit Margin	54,73 %	53,17 %	52,82 %	51,62 %