FOSNAVÅG RØR AS

6090 FOSNAVÅG

Finances

Return on Equity

42,97 %

Current Ratio

2,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 079 000	12 169 000	11 416 000	9 816 000
Net Income	2 300 000	444 000	504 000	123 000
Total Assets	8 890 000	6 949 000	6 298 000	5 929 000
Total Equity	5 353 000	3 854 000	3 760 000	3 606 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 079 000	12 169 000	11 416 000	9 816 000
Expenditure	15 204 000	11 595 000	10 771 000	9 639 000
Operating Profit	1 875 000	574 000	645 000	177 000
Financial Income	359 000	17 000	20 000	2 000
Financial Costs	27 000	27 000	24 000	22 000
Financial Balance	332 000	−10 000	−4 000	−20 000
Earnings Before Tax	2 711 000	565 000	641 000	158 000
Tax	411 000	121 000	137 000	35 000
Net Income	2 300 000	444 000	504 000	123 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	920 000	759 000	795 000	1 049 000
Total Current Assets	7 970 000	6 190 000	5 504 000	4 879 000
Total Assets	8 890 000	6 949 000	6 298 000	5 929 000
Total Retained Equity	5 253 000	3 754 000	3 660 000	3 506 000
Total Equity	5 353 000	3 854 000	3 760 000	3 606 000
Total Long-Term Debt	0	0	0	11 000
Total Current Debt	3 537 000	3 095 000	2 539 000	2 312 000
Total Equity and Debt	8 890 000	6 949 000	6 298 000	5 929 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 079 000	12 169 000	11 404 000	9 816 000
Other Income	0	0	12 000	0
Revenue	17 079 000	12 169 000	11 416 000	9 816 000
Cost of Goods Sold	8 881 000	5 553 000	5 093 000	4 385 000
Salary Costs	4 550 000	3 977 000	3 614 000	3 298 000
Depreciation	173 000	207 000	272 000	244 000
Impairment	0	0	0	0
Expenditure	15 204 000	11 595 000	10 771 000	9 639 000
Operating Profit	1 875 000	574 000	645 000	177 000
Financial Income	359 000	17 000	20 000	2 000
Financial Costs	27 000	27 000	24 000	22 000
Financial Balance	332 000	−10 000	−4 000	−20 000
Dividends	800 000	350 000	350 000	350 000
Net Income	2 300 000	444 000	504 000	123 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	46 000	18 000	5 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	478 000	537 000	587 000	846 000
Total Tangible Assets	478 000	537 000	587 000	846 000
Total Fiancial Fixed Assets	397 000	203 000	203 000	203 000
Total Fixed Assets	920 000	759 000	795 000	1 049 000
Stock	1 473 000	1 301 000	1 062 000	933 000
Total Investments	0	0	0	0
Cash, Bank	1 723 000	2 275 000	2 468 000	976 000
Total Current Assets	7 970 000	6 190 000	5 504 000	4 879 000
Total Assets	8 890 000	6 949 000	6 298 000	5 929 000
Total Equity	5 353 000	3 854 000	3 760 000	3 606 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	11 000
Creditors	339 000	1 253 000	534 000	752 000
Unpaid Taxes	926 000	532 000	845 000	652 000
Dividends	800 000	350 000	350 000	350 000
Other Current Debt	1 034 000	825 000	657 000	507 000
Total Current Debt	3 537 000	3 095 000	2 539 000	2 312 000
Total Equity and Debt	8 890 000	6 949 000	6 298 000	5 929 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,97 %	11,52 %	13,4 %	3,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,98 %	4,72 %	5,65 %	1,8 %
Current Ratio	2,25	2	2,17	2,11
Quick Ratio	3,86	3,45	3,73	3,54
Equity Ratio	0,6	0,55	0,6	0,61
Gross Profit Margin	48 %	54,37 %	55,39 %	55,33 %