F-TECH AS

5179 GODVIK

Finances

Return on Equity

47,22 %

Current Ratio

1,46

Debt-to-Equity Ratio

0,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	55 381 000	55 088 000	66 198 000	45 978 000
Net Income	2 372 000	594 000	747 000	848 000
Total Assets	19 831 000	12 106 000	16 168 000	15 116 000
Total Equity	5 023 000	2 650 000	2 356 000	2 209 000

Income (NOK)	2022	2021	2020	2019
Revenue	55 381 000	55 088 000	66 198 000	45 978 000
Expenditure	51 052 000	53 665 000	64 357 000	44 317 000
Operating Profit	4 330 000	1 423 000	1 841 000	1 662 000
Financial Income	330 000	418 000	801 000	69 000
Financial Costs	1 600 000	1 076 000	1 707 000	635 000
Financial Balance	−1 270 000	−658 000	−906 000	−566 000
Earnings Before Tax	3 059 000	765 000	935 000	1 096 000
Tax	687 000	170 000	188 000	248 000
Net Income	2 372 000	594 000	747 000	848 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	701 000	861 000	1 040 000	429 000
Total Current Assets	19 129 000	11 245 000	15 128 000	14 687 000
Total Assets	19 831 000	12 106 000	16 168 000	15 116 000
Total Retained Equity	4 923 000	2 550 000	2 256 000	2 109 000
Total Equity	5 023 000	2 650 000	2 356 000	2 209 000
Total Long-Term Debt	1 699 000	1 305 000	1 947 000	0
Total Current Debt	13 109 000	8 151 000	11 864 000	12 908 000
Total Equity and Debt	19 831 000	12 106 000	16 168 000	15 116 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	55 358 000	55 007 000	66 165 000	45 971 000
Other Income	23 000	81 000	33 000	8 000
Revenue	55 381 000	55 088 000	66 198 000	45 978 000
Cost of Goods Sold	34 247 000	35 272 000	47 898 000	30 056 000
Salary Costs	10 662 000	11 208 000	9 909 000	8 220 000
Depreciation	188 000	136 000	100 000	108 000
Impairment	0	0	0	0
Expenditure	51 052 000	53 665 000	64 357 000	44 317 000
Operating Profit	4 330 000	1 423 000	1 841 000	1 662 000
Financial Income	330 000	418 000	801 000	69 000
Financial Costs	1 600 000	1 076 000	1 707 000	635 000
Financial Balance	−1 270 000	−658 000	−906 000	−566 000
Dividends	0	300 000	600 000	700 000
Net Income	2 372 000	594 000	747 000	848 000

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	338 000	460 000	597 000	144 000
Total Tangible Assets	338 000	460 000	597 000	144 000
Total Fiancial Fixed Assets	364 000	402 000	442 000	286 000
Total Fixed Assets	701 000	861 000	1 040 000	429 000
Stock	8 418 000	6 319 000	4 761 000	4 914 000
Total Investments	0	0	0	0
Cash, Bank	3 507 000	1 724 000	6 274 000	527 000
Total Current Assets	19 129 000	11 245 000	15 128 000	14 687 000
Total Assets	19 831 000	12 106 000	16 168 000	15 116 000
Total Equity	5 023 000	2 650 000	2 356 000	2 209 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 699 000	1 305 000	1 947 000	0
Creditors	4 058 000	3 667 000	6 917 000	3 991 000
Unpaid Taxes	2 194 000	2 884 000	3 196 000	2 469 000
Dividends	0	300 000	600 000	700 000
Other Current Debt	6 170 000	1 430 000	1 564 000	5 128 000
Total Current Debt	13 109 000	8 151 000	11 864 000	12 908 000
Total Equity and Debt	19 831 000	12 106 000	16 168 000	15 116 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,22 %	22,42 %	31,71 %	38,39 %
Debt-to-Equity Ratio	0,34	0,49	0,83	0
Operating Profit Margin	7,82 %	2,58 %	2,78 %	3,61 %
Current Ratio	1,46	1,38	1,28	1,14
Quick Ratio	4,08	6,14	2,13	1,84
Equity Ratio	0,25	0,22	0,15	0,15
Gross Profit Margin	38,16 %	35,97 %	27,64 %	34,63 %