FIRST RENT A CAR NORWAY AS

0283 OSLO

Finances

Return on Equity

23,26 %

Current Ratio

0,38

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	729 161 000	518 401 000	510 938 000	682 992 000
Net Income	39 007 000	18 685 000	6 994 000	17 145 000
Total Assets	655 422 000	511 608 000	442 963 000	752 457 000
Total Equity	167 677 000	128 670 000	109 986 000	102 992 000

Income (NOK)	2022	2021	2020	2019
Revenue	729 161 000	518 401 000	510 938 000	682 992 000
Expenditure	673 996 000	492 023 000	494 837 000	651 224 000
Operating Profit	55 165 000	26 379 000	16 101 000	31 768 000
Financial Income	1 256 000	511 000	3 035 000	2 261 000
Financial Costs	6 380 000	2 929 000	10 154 000	11 941 000
Financial Balance	−5 124 000	−2 418 000	−7 119 000	−9 680 000
Earnings Before Tax	50 041 000	23 961 000	8 982 000	22 088 000
Tax	11 034 000	5 277 000	1 988 000	4 943 000
Net Income	39 007 000	18 685 000	6 994 000	17 145 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	485 519 000	343 131 000	175 275 000	414 727 000
Total Current Assets	169 903 000	168 477 000	267 687 000	337 730 000
Total Assets	655 422 000	511 608 000	442 963 000	752 457 000
Total Retained Equity	162 577 000	123 570 000	104 886 000	97 892 000
Total Equity	167 677 000	128 670 000	109 986 000	102 992 000
Total Long-Term Debt	41 764 000	130 730 000	125 453 000	23 465 000
Total Current Debt	445 981 000	252 208 000	207 524 000	626 000 000
Total Equity and Debt	655 422 000	511 608 000	442 963 000	752 457 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	729 161 000	518 401 000	485 610 000	682 992 000
Other Income	0	0	25 328 000	0
Revenue	729 161 000	518 401 000	510 938 000	682 992 000
Cost of Goods Sold	1 556 000	850 000	2 051 000	3 247 000
Salary Costs	146 931 000	123 322 000	105 313 000	149 950 000
Depreciation	32 306 000	19 249 000	16 079 000	12 376 000
Impairment	0	0	0	0
Expenditure	673 996 000	492 023 000	494 837 000	651 224 000
Operating Profit	55 165 000	26 379 000	16 101 000	31 768 000
Financial Income	1 256 000	511 000	3 035 000	2 261 000
Financial Costs	6 380 000	2 929 000	10 154 000	11 941 000
Financial Balance	−5 124 000	−2 418 000	−7 119 000	−9 680 000
Dividends	0	0	0	0
Net Income	39 007 000	18 685 000	6 994 000	17 145 000

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	471 231 000	329 188 000	162 168 000	0
Fixtures	14 163 000	13 807 000	12 971 000	414 591 000
Total Tangible Assets	485 394 000	342 995 000	175 139 000	414 591 000
Total Fiancial Fixed Assets	125 000	136 000	136 000	136 000
Total Fixed Assets	485 519 000	343 131 000	175 275 000	414 727 000
Stock	700 000	547 000	515 000	2 511 000
Total Investments	0	0	0	0
Cash, Bank	32 916 000	49 173 000	171 589 000	170 673 000
Total Current Assets	169 903 000	168 477 000	267 687 000	337 730 000
Total Assets	655 422 000	511 608 000	442 963 000	752 457 000
Total Equity	167 677 000	128 670 000	109 986 000	102 992 000
Short-Term Group Debt	100 000 000	0	0	400 000 000
Total Long-Term Debt	41 764 000	130 730 000	125 453 000	23 465 000
Creditors	91 069 000	91 874 000	82 302 000	87 651 000
Unpaid Taxes	6 811 000	12 821 000	12 623 000	14 053 000
Dividends	0	0	0	0
Other Current Debt	248 101 000	147 513 000	112 598 000	124 296 000
Total Current Debt	445 981 000	252 208 000	207 524 000	626 000 000
Total Equity and Debt	655 422 000	511 608 000	442 963 000	752 457 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,26 %	14,52 %	6,36 %	16,65 %
Debt-to-Equity Ratio	0,25	1,02	1,14	0,23
Operating Profit Margin	7,57 %	5,09 %	3,15 %	4,65 %
Current Ratio	0,38	0,67	1,29	0,54
Quick Ratio	0,38	0,67	1,29	0,54
Equity Ratio	0,26	0,25	0,25	0,14
Gross Profit Margin	99,79 %	99,84 %	99,6 %	99,52 %