NORSKE FJELLHUS AS

3620 FLESBERG

Finances

Return on Equity

6,53 %

Current Ratio

1,95

Debt-to-Equity Ratio

0,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 932 000	76 438 000	70 735 000	57 488 000
Net Income	837 000	960 000	446 000	−4 442 000
Total Assets	32 286 000	21 090 000	30 634 000	28 860 000
Total Equity	12 826 000	7 098 000	6 138 000	440 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 932 000	76 438 000	70 735 000	57 488 000
Expenditure	42 575 000	75 504 000	69 910 000	61 198 000
Operating Profit	357 000	934 000	825 000	−3 710 000
Financial Income	9 000	99 000	21 000	295 000
Financial Costs	235 000	73 000	400 000	1 027 000
Financial Balance	−226 000	26 000	−379 000	−732 000
Earnings Before Tax	132 000	960 000	446 000	−4 442 000
Tax	−705 000	0	0	0
Net Income	837 000	960 000	446 000	−4 442 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 247 000	4 141 000	1 977 000	2 700 000
Total Current Assets	27 039 000	16 950 000	28 656 000	26 160 000
Total Assets	32 286 000	21 090 000	30 634 000	28 860 000
Total Retained Equity	1 797 000	960 000	0	−10 368 000
Total Equity	12 826 000	7 098 000	6 138 000	440 000
Total Long-Term Debt	5 626 000	278 000	6 559 000	9 751 000
Total Current Debt	13 833 000	13 714 000	17 937 000	18 668 000
Total Equity and Debt	32 286 000	21 090 000	30 634 000	28 860 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	42 229 000	76 123 000	70 337 000	57 214 000
Other Income	703 000	315 000	399 000	274 000
Revenue	42 932 000	76 438 000	70 735 000	57 488 000
Cost of Goods Sold	31 192 000	63 940 000	57 263 000	50 310 000
Salary Costs	6 679 000	7 245 000	7 038 000	6 875 000
Depreciation	321 000	352 000	438 000	444 000
Impairment	0	0	0	0
Expenditure	42 575 000	75 504 000	69 910 000	61 198 000
Operating Profit	357 000	934 000	825 000	−3 710 000
Financial Income	9 000	99 000	21 000	295 000
Financial Costs	235 000	73 000	400 000	1 027 000
Financial Balance	−226 000	26 000	−379 000	−732 000
Dividends	0	0	0	0
Net Income	837 000	960 000	446 000	−4 442 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	44 000	87 000	131 000
Real Eastate	5 113 000	780 000	913 000	1 046 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	134 000	220 000	545 000	949 000
Total Tangible Assets	5 247 000	1 000 000	1 458 000	1 995 000
Total Fiancial Fixed Assets	0	3 097 000	432 000	575 000
Total Fixed Assets	5 247 000	4 141 000	1 977 000	2 700 000
Stock	17 735 000	9 175 000	14 002 000	14 012 000
Total Investments	0	0	0	0
Cash, Bank	213 000	1 411 000	297 000	288 000
Total Current Assets	27 039 000	16 950 000	28 656 000	26 160 000
Total Assets	32 286 000	21 090 000	30 634 000	28 860 000
Total Equity	12 826 000	7 098 000	6 138 000	440 000
Short-Term Group Debt	0	0	379 000	0
Total Long-Term Debt	5 626 000	278 000	6 559 000	9 751 000
Creditors	3 878 000	4 124 000	4 796 000	8 933 000
Unpaid Taxes	2 800 000	370 000	450 000	437 000
Dividends	0	0	0	0
Other Current Debt	4 271 000	5 331 000	6 150 000	2 136 000
Total Current Debt	13 833 000	13 714 000	17 937 000	18 668 000
Total Equity and Debt	32 286 000	21 090 000	30 634 000	28 860 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,53 %	13,52 %	7,27 %	−1 009,55 %
Debt-to-Equity Ratio	0,44	0,04	1,07	22,16
Operating Profit Margin	0,83 %	1,22 %	1,17 %	−6,45 %
Current Ratio	1,95	1,24	1,6	1,4
Quick Ratio	−6,93	3,73	7,28	5,62
Equity Ratio	0,4	0,34	0,2	0,02
Gross Profit Margin	27,35 %	16,35 %	19,05 %	12,49 %