FINN OG ALBERT EGELAND AS

4628 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

3,85 %

Current Ratio

1,27

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	223 599 000	207 634 000	179 115 000	188 767 000
Net Income	512 000	4 393 000	4 676 000	6 175 000
Total Assets	60 665 000	51 137 000	51 993 000	54 023 000
Total Equity	13 311 000	12 799 000	13 406 000	11 730 000

Income (NOK)	2022	2021	2020	2019
Revenue	223 599 000	207 634 000	179 115 000	188 767 000
Expenditure	222 728 000	202 004 000	173 158 000	181 090 000
Operating Profit	872 000	5 630 000	5 957 000	7 676 000
Financial Income	57 000	11 000	67 000	269 000
Financial Costs	267 000	6 000	11 000	2 000
Financial Balance	−210 000	5 000	56 000	267 000
Earnings Before Tax	661 000	5 635 000	6 014 000	7 944 000
Tax	149 000	1 243 000	1 338 000	1 769 000
Net Income	512 000	4 393 000	4 676 000	6 175 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 458 000	1 623 000	940 000	717 000
Total Current Assets	59 207 000	49 514 000	51 053 000	53 306 000
Total Assets	60 665 000	51 137 000	51 993 000	54 023 000
Total Retained Equity	1 706 000	1 194 000	1 801 000	125 000
Total Equity	13 311 000	12 799 000	13 406 000	11 730 000
Total Long-Term Debt	714 000	565 000	1 756 000	1 948 000
Total Current Debt	46 639 000	37 773 000	36 830 000	40 345 000
Total Equity and Debt	60 665 000	51 137 000	51 993 000	54 023 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	223 577 000	207 629 000	178 977 000	188 752 000
Other Income	22 000	5 000	139 000	15 000
Revenue	223 599 000	207 634 000	179 115 000	188 767 000
Cost of Goods Sold	100 402 000	89 646 000	72 718 000	85 745 000
Salary Costs	97 866 000	93 266 000	85 056 000	81 241 000
Depreciation	475 000	535 000	346 000	327 000
Impairment	0	0	0	0
Expenditure	222 728 000	202 004 000	173 158 000	181 090 000
Operating Profit	872 000	5 630 000	5 957 000	7 676 000
Financial Income	57 000	11 000	67 000	269 000
Financial Costs	267 000	6 000	11 000	2 000
Financial Balance	−210 000	5 000	56 000	267 000
Dividends	0	5 000 000	3 000 000	6 500 000
Net Income	512 000	4 393 000	4 676 000	6 175 000

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	127 000	134 000	169 000	146 000
Fixtures	1 181 000	1 339 000	770 000	571 000
Total Tangible Assets	1 308 000	1 473 000	940 000	717 000
Total Fiancial Fixed Assets	150 000	150 000	0	0
Total Fixed Assets	1 458 000	1 623 000	940 000	717 000
Stock	1 860 000	1 101 000	870 000	725 000
Total Investments	0	0	0	0
Cash, Bank	3 176 000	3 257 000	3 100 000	2 930 000
Total Current Assets	59 207 000	49 514 000	51 053 000	53 306 000
Total Assets	60 665 000	51 137 000	51 993 000	54 023 000
Total Equity	13 311 000	12 799 000	13 406 000	11 730 000
Short-Term Group Debt	11 417 000	246 000	0	0
Total Long-Term Debt	714 000	565 000	1 756 000	1 948 000
Creditors	7 403 000	8 052 000	13 608 000	13 726 000
Unpaid Taxes	13 759 000	12 274 000	9 773 000	11 479 000
Dividends	0	5 000 000	3 000 000	6 500 000
Other Current Debt	14 060 000	9 768 000	8 920 000	7 406 000
Total Current Debt	46 639 000	37 773 000	36 830 000	40 345 000
Total Equity and Debt	60 665 000	51 137 000	51 993 000	54 023 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,85 %	34,32 %	34,88 %	52,64 %
Debt-to-Equity Ratio	0,05	0,04	0,13	0,17
Operating Profit Margin	0,39 %	2,71 %	3,33 %	4,07 %
Current Ratio	1,27	1,31	1,39	1,32
Quick Ratio	1,32	1,35	1,42	1,35
Equity Ratio	0,22	0,25	0,26	0,22
Gross Profit Margin	55,1 %	56,82 %	59,4 %	54,58 %