OLE MORTEN FURUSETH AS

1764 HALDEN

Finances

Share Ownership

Return on Equity

34,24 %

Current Ratio

1,4

Debt-to-Equity Ratio

0,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 783 000	794 000	787 000	1 236 000
Net Income	328 000	25 000	−144 000	108 000
Total Assets	1 717 000	878 000	1 144 000	1 181 000
Total Equity	958 000	630 000	605 000	749 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 783 000	794 000	787 000	1 236 000
Expenditure	1 353 000	760 000	947 000	1 075 000
Operating Profit	429 000	34 000	−161 000	162 000
Financial Income	0	0	0	0
Financial Costs	8 000	3 000	24 000	24 000
Financial Balance	−8 000	−3 000	−24 000	−24 000
Earnings Before Tax	421 000	32 000	−185 000	138 000
Tax	93 000	7 000	−41 000	30 000
Net Income	328 000	25 000	−144 000	108 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 159 000	498 000	1 002 000	891 000
Total Current Assets	558 000	381 000	142 000	290 000
Total Assets	1 717 000	878 000	1 144 000	1 181 000
Total Retained Equity	858 000	530 000	505 000	649 000
Total Equity	958 000	630 000	605 000	749 000
Total Long-Term Debt	362 000	46 000	394 000	281 000
Total Current Debt	398 000	203 000	145 000	151 000
Total Equity and Debt	1 717 000	878 000	1 144 000	1 181 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 263 000	703 000	787 000	967 000
Other Income	520 000	92 000	0	269 000
Revenue	1 783 000	794 000	787 000	1 236 000
Cost of Goods Sold	752 000	210 000	338 000	360 000
Salary Costs	255 000	221 000	178 000	255 000
Depreciation	110 000	161 000	174 000	237 000
Impairment	0	0	0	0
Expenditure	1 353 000	760 000	947 000	1 075 000
Operating Profit	429 000	34 000	−161 000	162 000
Financial Income	0	0	0	0
Financial Costs	8 000	3 000	24 000	24 000
Financial Balance	−8 000	−3 000	−24 000	−24 000
Dividends	0	0	0	0
Net Income	328 000	25 000	−144 000	108 000

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	0	0	0	0
Fixtures	1 159 000	498 000	1 002 000	891 000
Total Tangible Assets	1 159 000	498 000	1 002 000	891 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 159 000	498 000	1 002 000	891 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	60 000	227 000	133 000	119 000
Total Current Assets	558 000	381 000	142 000	290 000
Total Assets	1 717 000	878 000	1 144 000	1 181 000
Total Equity	958 000	630 000	605 000	749 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	362 000	46 000	394 000	281 000
Creditors	307 000	152 000	73 000	65 000
Unpaid Taxes	68 000	49 000	30 000	66 000
Dividends	0	0	0	0
Other Current Debt	23 000	2 000	42 000	21 000
Total Current Debt	398 000	203 000	145 000	151 000
Total Equity and Debt	1 717 000	878 000	1 144 000	1 181 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,24 %	3,97 %	−23,8 %	14,42 %
Debt-to-Equity Ratio	0,38	0,07	0,65	0,38
Operating Profit Margin	24,06 %	4,28 %	−20,46 %	13,11 %
Current Ratio	1,4	1,88	0,98	1,92
Quick Ratio	1,4	1,88	0,98	1,92
Equity Ratio	0,56	0,72	0,53	0,63
Gross Profit Margin	57,82 %	73,55 %	57,05 %	70,87 %