FORCE TECHNOLOGY TRAINING NORWAY AS

4628 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

19,68 %

Current Ratio

1,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 356 000	15 285 000	14 872 000	17 030 000
Net Income	1 789 000	1 951 000	2 240 000	2 357 000
Total Assets	13 171 000	10 974 000	20 494 000	18 194 000
Total Equity	9 090 000	9 184 000	9 184 000	9 165 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 356 000	15 285 000	14 872 000	17 030 000
Expenditure	15 116 000	12 794 000	12 029 000	14 168 000
Operating Profit	2 241 000	2 491 000	2 843 000	2 861 000
Financial Income	69 000	22 000	50 000	179 000
Financial Costs	16 000	12 000	21 000	19 000
Financial Balance	53 000	10 000	29 000	160 000
Earnings Before Tax	2 293 000	2 501 000	2 871 000	3 021 000
Tax	505 000	550 000	632 000	665 000
Net Income	1 789 000	1 951 000	2 240 000	2 357 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 134 000	4 871 000	3 768 000	2 588 000
Total Current Assets	8 037 000	6 103 000	16 726 000	15 606 000
Total Assets	13 171 000	10 974 000	20 494 000	18 194 000
Total Retained Equity	8 990 000	9 084 000	9 084 000	9 065 000
Total Equity	9 090 000	9 184 000	9 184 000	9 165 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 080 000	1 790 000	11 310 000	9 029 000
Total Equity and Debt	13 171 000	10 974 000	20 494 000	18 194 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 356 000	14 639 000	14 257 000	15 473 000
Other Income	0	646 000	615 000	1 557 000
Revenue	17 356 000	15 285 000	14 872 000	17 030 000
Cost of Goods Sold	9 261 000	7 637 000	8 006 000	9 666 000
Salary Costs	2 147 000	2 379 000	1 919 000	2 376 000
Depreciation	1 558 000	1 208 000	741 000	360 000
Impairment	0	0	0	0
Expenditure	15 116 000	12 794 000	12 029 000	14 168 000
Operating Profit	2 241 000	2 491 000	2 843 000	2 861 000
Financial Income	69 000	22 000	50 000	179 000
Financial Costs	16 000	12 000	21 000	19 000
Financial Balance	53 000	10 000	29 000	160 000
Dividends	0	0	0	0
Net Income	1 789 000	1 951 000	2 240 000	2 357 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 494 000	4 672 000	3 359 000	2 001 000
Real Eastate	117 000	0	0	0
Machinery and Plant Facilities	286 000	0	0	0
Fixtures	235 000	199 000	409 000	587 000
Total Tangible Assets	639 000	199 000	409 000	587 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 134 000	4 871 000	3 768 000	2 588 000
Stock	0	0	0	30 000
Total Investments	0	0	0	0
Cash, Bank	76 000	69 000	70 000	69 000
Total Current Assets	8 037 000	6 103 000	16 726 000	15 606 000
Total Assets	13 171 000	10 974 000	20 494 000	18 194 000
Total Equity	9 090 000	9 184 000	9 184 000	9 165 000
Short-Term Group Debt	2 413 000	0	9 295 000	6 448 000
Total Long-Term Debt	0	0	0	0
Creditors	1 457 000	1 635 000	1 789 000	2 333 000
Unpaid Taxes	66 000	0	111 000	83 000
Dividends	0	0	0	0
Other Current Debt	145 000	155 000	116 000	165 000
Total Current Debt	4 080 000	1 790 000	11 310 000	9 029 000
Total Equity and Debt	13 171 000	10 974 000	20 494 000	18 194 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,68 %	21,24 %	24,39 %	25,72 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,91 %	16,3 %	19,12 %	16,8 %
Current Ratio	1,97	3,41	1,48	1,73
Quick Ratio	1,97	3,41	1,48	1,73
Equity Ratio	0,69	0,84	0,45	0,5
Gross Profit Margin	46,64 %	50,04 %	46,17 %	43,24 %