FWH AS

1395 HVALSTAD

Finances

Share Ownership

Return on Equity

22,39 %

Current Ratio

1,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 304 000	15 026 000	12 752 000	10 468 000
Net Income	897 000	164 000	−59 000	586 000
Total Assets	13 218 000	12 007 000	10 014 000	7 898 000
Total Equity	4 007 000	3 110 000	2 946 000	3 005 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 304 000	15 026 000	12 752 000	10 468 000
Expenditure	18 360 000	14 960 000	12 617 000	9 768 000
Operating Profit	1 944 000	64 000	135 000	700 000
Financial Income	18 000	294 000	384 000	127 000
Financial Costs	812 000	165 000	577 000	75 000
Financial Balance	−794 000	129 000	−193 000	52 000
Earnings Before Tax	1 150 000	194 000	−59 000	752 000
Tax	253 000	30 000	0	166 000
Net Income	897 000	164 000	−59 000	586 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	280 000	291 000	280 000	280 000
Total Current Assets	12 938 000	11 716 000	9 734 000	7 618 000
Total Assets	13 218 000	12 007 000	10 014 000	7 898 000
Total Retained Equity	3 907 000	3 010 000	2 846 000	2 905 000
Total Equity	4 007 000	3 110 000	2 946 000	3 005 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	9 211 000	8 897 000	7 068 000	4 894 000
Total Equity and Debt	13 218 000	12 007 000	10 014 000	7 898 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 304 000	15 026 000	12 752 000	10 468 000
Other Income	0	0	0	0
Revenue	20 304 000	15 026 000	12 752 000	10 468 000
Cost of Goods Sold	13 326 000	10 784 000	9 634 000	8 347 000
Salary Costs	3 318 000	2 159 000	1 661 000	765 000
Depreciation	11 000	5 000	0	0
Impairment	0	0	0	0
Expenditure	18 360 000	14 960 000	12 617 000	9 768 000
Operating Profit	1 944 000	64 000	135 000	700 000
Financial Income	18 000	294 000	384 000	127 000
Financial Costs	812 000	165 000	577 000	75 000
Financial Balance	−794 000	129 000	−193 000	52 000
Dividends	0	0	0	0
Net Income	897 000	164 000	−59 000	586 000

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	11 000	0	0
Total Tangible Assets	0	11 000	0	0
Total Fiancial Fixed Assets	280 000	280 000	280 000	280 000
Total Fixed Assets	280 000	291 000	280 000	280 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 782 000	9 148 000	8 488 000	7 432 000
Total Current Assets	12 938 000	11 716 000	9 734 000	7 618 000
Total Assets	13 218 000	12 007 000	10 014 000	7 898 000
Total Equity	4 007 000	3 110 000	2 946 000	3 005 000
Short-Term Group Debt	0	4 714 000	4 714 000	0
Total Long-Term Debt	0	0	0	0
Creditors	5 053 000	1 238 000	161 000	46 000
Unpaid Taxes	873 000	791 000	468 000	489 000
Dividends	0	0	0	0
Other Current Debt	3 032 000	2 125 000	1 724 000	4 193 000
Total Current Debt	9 211 000	8 897 000	7 068 000	4 894 000
Total Equity and Debt	13 218 000	12 007 000	10 014 000	7 898 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,39 %	5,27 %	−2 %	19,5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,57 %	0,43 %	1,06 %	6,69 %
Current Ratio	1,4	1,32	1,38	1,56
Quick Ratio	1,4	1,32	1,38	1,56
Equity Ratio	0,3	0,26	0,29	0,38
Gross Profit Margin	34,37 %	28,23 %	24,45 %	20,26 %