FIRING & THORSEN AS

3183 HORTEN

Finances

Share Ownership

Return on Equity

13,66 %

Current Ratio

1,9

Debt-to-Equity Ratio

1,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	285 020 000	238 933 000	272 947 000	215 376 000
Net Income	6 448 000	2 404 000	21 101 000	2 111 000
Total Assets	168 059 000	154 769 000	180 130 000	149 005 000
Total Equity	47 189 000	42 741 000	42 336 000	23 235 000

Income (NOK)	2022	2021	2020	2019
Revenue	285 020 000	238 933 000	272 947 000	215 376 000
Expenditure	270 134 000	233 785 000	242 218 000	209 814 000
Operating Profit	14 885 000	5 148 000	30 729 000	5 561 000
Financial Income	278 000	244 000	125 000	3 000
Financial Costs	6 866 000	2 308 000	3 938 000	2 709 000
Financial Balance	−6 588 000	−2 064 000	−3 813 000	−2 706 000
Earnings Before Tax	8 298 000	3 084 000	26 915 000	2 855 000
Tax	1 850 000	679 000	5 815 000	744 000
Net Income	6 448 000	2 404 000	21 101 000	2 111 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	88 145 000	82 151 000	96 157 000	91 134 000
Total Current Assets	79 914 000	72 618 000	83 974 000	57 872 000
Total Assets	168 059 000	154 769 000	180 130 000	149 005 000
Total Retained Equity	45 875 000	41 427 000	41 022 000	21 922 000
Total Equity	47 189 000	42 741 000	42 336 000	23 235 000
Total Long-Term Debt	78 775 000	70 713 000	87 957 000	78 429 000
Total Current Debt	42 096 000	41 315 000	49 838 000	47 341 000
Total Equity and Debt	168 059 000	154 769 000	180 130 000	149 005 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	283 510 000	232 789 000	271 010 000	213 514 000
Other Income	1 510 000	6 144 000	1 937 000	1 862 000
Revenue	285 020 000	238 933 000	272 947 000	215 376 000
Cost of Goods Sold	106 489 000	107 668 000	112 036 000	90 200 000
Salary Costs	59 876 000	50 369 000	47 000 000	44 385 000
Depreciation	27 668 000	24 642 000	26 236 000	21 468 000
Impairment	0	0	0	0
Expenditure	270 134 000	233 785 000	242 218 000	209 814 000
Operating Profit	14 885 000	5 148 000	30 729 000	5 561 000
Financial Income	278 000	244 000	125 000	3 000
Financial Costs	6 866 000	2 308 000	3 938 000	2 709 000
Financial Balance	−6 588 000	−2 064 000	−3 813 000	−2 706 000
Dividends	2 000 000	2 000 000	2 000 000	0
Net Income	6 448 000	2 404 000	21 101 000	2 111 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 665 000	2 778 000	3 457 000	1 446 000
Real Eastate	8 701 000	8 601 000	8 047 000	8 047 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	76 464 000	70 742 000	84 622 000	81 149 000
Total Tangible Assets	85 165 000	79 343 000	92 669 000	89 196 000
Total Fiancial Fixed Assets	316 000	30 000	30 000	492 000
Total Fixed Assets	88 145 000	82 151 000	96 157 000	91 134 000
Stock	2 820 000	2 820 000	2 820 000	2 820 000
Total Investments	0	0	0	0
Cash, Bank	27 023 000	16 452 000	39 964 000	1 688 000
Total Current Assets	79 914 000	72 618 000	83 974 000	57 872 000
Total Assets	168 059 000	154 769 000	180 130 000	149 005 000
Total Equity	47 189 000	42 741 000	42 336 000	23 235 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	78 775 000	70 713 000	87 957 000	78 429 000
Creditors	12 219 000	15 229 000	16 595 000	14 648 000
Unpaid Taxes	11 928 000	10 520 000	9 644 000	9 561 000
Dividends	2 000 000	2 000 000	2 000 000	0
Other Current Debt	16 212 000	15 566 000	15 773 000	13 405 000
Total Current Debt	42 096 000	41 315 000	49 838 000	47 341 000
Total Equity and Debt	168 059 000	154 769 000	180 130 000	149 005 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,66 %	5,62 %	49,84 %	9,09 %
Debt-to-Equity Ratio	1,67	1,65	2,08	3,38
Operating Profit Margin	5,22 %	2,15 %	11,26 %	2,58 %
Current Ratio	1,9	1,76	1,68	1,22
Quick Ratio	2,03	1,89	1,79	1,3
Equity Ratio	0,28	0,28	0,24	0,16
Gross Profit Margin	62,64 %	54,94 %	58,95 %	58,12 %