BRØDRENE FINNESTAD AS

4635 KRISTIANSAND S

Finances

Return on Equity

33,25 %

Current Ratio

1,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 868 000	56 565 000	52 230 000	49 007 000
Net Income	1 284 000	8 688 000	1 687 000	1 392 000
Total Assets	7 644 000	15 539 000	6 770 000	5 685 000
Total Equity	3 862 000	12 578 000	3 890 000	2 203 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 868 000	56 565 000	52 230 000	49 007 000
Expenditure	24 235 000	56 609 000	51 096 000	48 249 000
Operating Profit	1 633 000	−44 000	1 133 000	759 000
Financial Income	15 000	8 726 000	806 000	802 000
Financial Costs	2 000	2 000	1 000	2 000
Financial Balance	13 000	8 724 000	805 000	800 000
Earnings Before Tax	1 646 000	8 681 000	1 938 000	1 559 000
Tax	362 000	−8 000	251 000	167 000
Net Income	1 284 000	8 688 000	1 687 000	1 392 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 413 000	1 588 000	1 716 000	1 497 000
Total Current Assets	6 232 000	13 951 000	5 054 000	4 188 000
Total Assets	7 644 000	15 539 000	6 770 000	5 685 000
Total Retained Equity	3 762 000	12 478 000	3 790 000	2 103 000
Total Equity	3 862 000	12 578 000	3 890 000	2 203 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 782 000	2 961 000	2 880 000	3 482 000
Total Equity and Debt	7 644 000	15 539 000	6 770 000	5 685 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 394 000	55 261 000	51 662 000	48 473 000
Other Income	1 474 000	1 304 000	567 000	534 000
Revenue	25 868 000	56 565 000	52 230 000	49 007 000
Cost of Goods Sold	8 776 000	41 469 000	39 922 000	38 198 000
Salary Costs	7 712 000	9 226 000	6 559 000	5 938 000
Depreciation	259 000	262 000	204 000	140 000
Impairment	0	0	0	0
Expenditure	24 235 000	56 609 000	51 096 000	48 249 000
Operating Profit	1 633 000	−44 000	1 133 000	759 000
Financial Income	15 000	8 726 000	806 000	802 000
Financial Costs	2 000	2 000	1 000	2 000
Financial Balance	13 000	8 724 000	805 000	800 000
Dividends	0	0	0	0
Net Income	1 284 000	8 688 000	1 687 000	1 392 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	40 000	24 000	13 000	27 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	442 000	635 000	773 000	540 000
Total Tangible Assets	442 000	635 000	773 000	540 000
Total Fiancial Fixed Assets	931 000	930 000	930 000	930 000
Total Fixed Assets	1 413 000	1 588 000	1 716 000	1 497 000
Stock	950 000	844 000	1 278 000	1 318 000
Total Investments	0	0	0	0
Cash, Bank	3 773 000	3 193 000	1 801 000	1 075 000
Total Current Assets	6 232 000	13 951 000	5 054 000	4 188 000
Total Assets	7 644 000	15 539 000	6 770 000	5 685 000
Total Equity	3 862 000	12 578 000	3 890 000	2 203 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 202 000	796 000	1 223 000	732 000
Unpaid Taxes	658 000	680 000	367 000	570 000
Dividends	0	0	0	0
Other Current Debt	1 531 000	1 482 000	1 047 000	2 047 000
Total Current Debt	3 782 000	2 961 000	2 880 000	3 482 000
Total Equity and Debt	7 644 000	15 539 000	6 770 000	5 685 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,25 %	69,07 %	43,37 %	63,19 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,31 %	−0,08 %	2,17 %	1,55 %
Current Ratio	1,65	4,71	1,75	1,2
Quick Ratio	2,2	6,59	3,15	1,94
Equity Ratio	0,51	0,81	0,57	0,39
Gross Profit Margin	66,07 %	26,69 %	23,57 %	22,06 %