FINNEID SVEISEVERKSTED AS

8210 FAUSKE

Finances

Return on Equity

−19,89 %

Current Ratio

1,32

Debt-to-Equity Ratio

0,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	144 944 000	130 195 000	119 894 000	99 449 000
Net Income	−4 632 000	1 461 000	10 976 000	2 439 000
Total Assets	71 640 000	75 217 000	89 377 000	51 155 000
Total Equity	23 289 000	27 563 000	26 784 000	25 808 000

Income (NOK)	2022	2021	2020	2019
Revenue	144 944 000	130 195 000	119 894 000	99 449 000
Expenditure	151 082 000	128 431 000	105 937 000	96 524 000
Operating Profit	−6 139 000	1 764 000	13 958 000	2 925 000
Financial Income	256 000	129 000	151 000	194 000
Financial Costs	53 000	18 000	34 000	37 000
Financial Balance	203 000	111 000	117 000	157 000
Earnings Before Tax	−5 936 000	1 875 000	14 076 000	3 082 000
Tax	−1 304 000	414 000	3 100 000	643 000
Net Income	−4 632 000	1 461 000	10 976 000	2 439 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 540 000	18 678 000	38 812 000	5 498 000
Total Current Assets	51 100 000	56 539 000	50 565 000	45 657 000
Total Assets	71 640 000	75 217 000	89 377 000	51 155 000
Total Retained Equity	11 866 000	16 499 000	18 138 000	17 162 000
Total Equity	23 289 000	27 563 000	26 784 000	25 808 000
Total Long-Term Debt	9 565 000	24 501 000	11 444 000	10 198 000
Total Current Debt	38 786 000	23 153 000	51 150 000	15 149 000
Total Equity and Debt	71 640 000	75 217 000	89 377 000	51 155 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	144 944 000	130 195 000	119 891 000	99 439 000
Other Income	0	0	3 000	10 000
Revenue	144 944 000	130 195 000	119 894 000	99 449 000
Cost of Goods Sold	114 164 000	93 712 000	77 225 000	67 380 000
Salary Costs	21 030 000	21 241 000	18 599 000	18 935 000
Depreciation	1 407 000	1 338 000	869 000	590 000
Impairment	0	0	0	0
Expenditure	151 082 000	128 431 000	105 937 000	96 524 000
Operating Profit	−6 139 000	1 764 000	13 958 000	2 925 000
Financial Income	256 000	129 000	151 000	194 000
Financial Costs	53 000	18 000	34 000	37 000
Financial Balance	203 000	111 000	117 000	157 000
Dividends	0	3 100 000	10 000 000	0
Net Income	−4 632 000	1 461 000	10 976 000	2 439 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	1 043 000	298 000
Machinery and Plant Facilities	1 170 000	1 217 000	586 000	831 000
Fixtures	2 701 000	2 856 000	3 103 000	1 087 000
Total Tangible Assets	3 871 000	4 073 000	4 732 000	2 216 000
Total Fiancial Fixed Assets	16 670 000	14 605 000	34 080 000	3 282 000
Total Fixed Assets	20 540 000	18 678 000	38 812 000	5 498 000
Stock	647 000	647 000	647 000	747 000
Total Investments	18 000	18 000	18 000	18 000
Cash, Bank	17 547 000	23 799 000	18 091 000	13 170 000
Total Current Assets	51 100 000	56 539 000	50 565 000	45 657 000
Total Assets	71 640 000	75 217 000	89 377 000	51 155 000
Total Equity	23 289 000	27 563 000	26 784 000	25 808 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 565 000	24 501 000	11 444 000	10 198 000
Creditors	23 465 000	14 046 000	12 432 000	7 484 000
Unpaid Taxes	4 041 000	2 021 000	2 782 000	1 643 000
Dividends	0	3 100 000	10 000 000	0
Other Current Debt	11 280 000	7 086 000	33 155 000	6 023 000
Total Current Debt	38 786 000	23 153 000	51 150 000	15 149 000
Total Equity and Debt	71 640 000	75 217 000	89 377 000	51 155 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,89 %	5,3 %	40,98 %	9,45 %
Debt-to-Equity Ratio	0,41	0,89	0,43	0,4
Operating Profit Margin	−4,24 %	1,35 %	11,64 %	2,94 %
Current Ratio	1,32	2,44	0,99	3,01
Quick Ratio	1,34	2,51	1	3,17
Equity Ratio	0,33	0,37	0,3	0,5
Gross Profit Margin	21,24 %	28,02 %	35,59 %	32,25 %