FORTE NOR AS

6700 MÅLØY

Finances

Share Ownership

Return on Equity

8,95 %

Current Ratio

5,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 302 000	2 651 000	2 568 000	3 385 000
Net Income	134 000	198 000	241 000	−128 000
Total Assets	1 854 000	1 730 000	1 525 000	1 331 000
Total Equity	1 497 000	1 364 000	1 166 000	925 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 302 000	2 651 000	2 568 000	3 385 000
Expenditure	2 124 000	2 409 000	2 161 000	3 570 000
Operating Profit	179 000	243 000	286 000	−119 000
Financial Income	1 000	21 000	1 000	1 000
Financial Costs	8 000	10 000	25 000	10 000
Financial Balance	−7 000	11 000	−24 000	−9 000
Earnings Before Tax	171 000	255 000	262 000	−128 000
Tax	38 000	57 000	21 000	0
Net Income	134 000	198 000	241 000	−128 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	156 000	194 000	17 000	26 000
Total Current Assets	1 698 000	1 535 000	1 508 000	1 305 000
Total Assets	1 854 000	1 730 000	1 525 000	1 331 000
Total Retained Equity	1 347 000	1 214 000	1 016 000	775 000
Total Equity	1 497 000	1 364 000	1 166 000	925 000
Total Long-Term Debt	0	21 000	5 000	0
Total Current Debt	339 000	345 000	354 000	406 000
Total Equity and Debt	1 854 000	1 730 000	1 525 000	1 331 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 302 000	2 588 000	2 516 000	3 385 000
Other Income	0	64 000	52 000	0
Revenue	2 302 000	2 651 000	2 568 000	3 385 000
Cost of Goods Sold	854 000	1 052 000	819 000	1 364 000
Salary Costs	892 000	914 000	715 000	1 484 000
Depreciation	39 000	45 000	4 000	7 000
Impairment	0	0	0	0
Expenditure	2 124 000	2 409 000	2 161 000	3 570 000
Operating Profit	179 000	243 000	286 000	−119 000
Financial Income	1 000	21 000	1 000	1 000
Financial Costs	8 000	10 000	25 000	10 000
Financial Balance	−7 000	11 000	−24 000	−9 000
Dividends	0	0	0	0
Net Income	134 000	198 000	241 000	−128 000

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	156 000	194 000	17 000	26 000
Total Tangible Assets	156 000	194 000	17 000	26 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	156 000	194 000	17 000	26 000
Stock	847 000	975 000	759 000	1 032 000
Total Investments	0	0	0	0
Cash, Bank	609 000	410 000	665 000	59 000
Total Current Assets	1 698 000	1 535 000	1 508 000	1 305 000
Total Assets	1 854 000	1 730 000	1 525 000	1 331 000
Total Equity	1 497 000	1 364 000	1 166 000	925 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	21 000	5 000	0
Creditors	0	49 000	147 000	88 000
Unpaid Taxes	135 000	175 000	137 000	182 000
Dividends	0	0	0	0
Other Current Debt	0	79 000	54 000	135 000
Total Current Debt	339 000	345 000	354 000	406 000
Total Equity and Debt	1 854 000	1 730 000	1 525 000	1 331 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,95 %	14,52 %	20,67 %	−13,84 %
Debt-to-Equity Ratio	0	0,02	0	0
Operating Profit Margin	7,78 %	9,17 %	11,14 %	−3,52 %
Current Ratio	5,01	4,45	4,26	3,21
Quick Ratio	−3,34	−2,44	−3,72	−2,08
Equity Ratio	0,81	0,79	0,76	0,69
Gross Profit Margin	62,9 %	60,32 %	68,11 %	59,7 %