FINNSITT AS

5211 OS

Finances

Return on Equity

20,93 %

Current Ratio

0,72

Debt-to-Equity Ratio

3,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	92 050 000	76 542 000	106 311 000	99 735 000
Net Income	2 901 000	502 000	1 347 000	1 623 000
Total Assets	112 916 000	111 228 000	124 161 000	129 465 000
Total Equity	13 861 000	10 959 000	10 457 000	9 111 000

Income (NOK)	2022	2021	2020	2019
Revenue	92 050 000	76 542 000	106 311 000	99 735 000
Expenditure	84 236 000	71 816 000	101 531 000	94 287 000
Operating Profit	7 815 000	4 726 000	4 781 000	5 447 000
Financial Income	40 000	366 000	1 225 000	1 000
Financial Costs	4 092 000	4 448 000	4 277 000	3 364 000
Financial Balance	−4 052 000	−4 082 000	−3 052 000	−3 363 000
Earnings Before Tax	3 762 000	644 000	1 729 000	2 084 000
Tax	861 000	142 000	382 000	460 000
Net Income	2 901 000	502 000	1 347 000	1 623 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	72 860 000	78 566 000	88 475 000	82 323 000
Total Current Assets	40 055 000	32 662 000	35 685 000	47 143 000
Total Assets	112 916 000	111 228 000	124 161 000	129 465 000
Total Retained Equity	13 460 000	10 559 000	10 057 000	8 710 000
Total Equity	13 861 000	10 959 000	10 457 000	9 111 000
Total Long-Term Debt	43 339 000	55 402 000	52 411 000	56 835 000
Total Current Debt	55 716 000	44 867 000	61 292 000	63 520 000
Total Equity and Debt	112 916 000	111 228 000	124 161 000	129 465 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	80 184 000	71 989 000	103 322 000	96 506 000
Other Income	11 867 000	4 553 000	2 990 000	3 229 000
Revenue	92 050 000	76 542 000	106 311 000	99 735 000
Cost of Goods Sold	29 873 000	24 465 000	42 822 000	38 091 000
Salary Costs	29 077 000	27 253 000	31 773 000	31 791 000
Depreciation	7 560 000	7 571 000	6 940 000	6 222 000
Impairment	0	0	0	0
Expenditure	84 236 000	71 816 000	101 531 000	94 287 000
Operating Profit	7 815 000	4 726 000	4 781 000	5 447 000
Financial Income	40 000	366 000	1 225 000	1 000
Financial Costs	4 092 000	4 448 000	4 277 000	3 364 000
Financial Balance	−4 052 000	−4 082 000	−3 052 000	−3 363 000
Dividends	0	0	0	0
Net Income	2 901 000	502 000	1 347 000	1 623 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	36 133 000	38 065 000	41 863 000	43 043 000
Machinery and Plant Facilities	35 467 000	40 132 000	46 335 000	38 994 000
Fixtures	1 261 000	369 000	277 000	285 000
Total Tangible Assets	72 860 000	78 566 000	88 475 000	82 323 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	72 860 000	78 566 000	88 475 000	82 323 000
Stock	24 968 000	17 501 000	17 244 000	17 558 000
Total Investments	0	0	0	0
Cash, Bank	1 336 000	5 058 000	1 170 000	1 274 000
Total Current Assets	40 055 000	32 662 000	35 685 000	47 143 000
Total Assets	112 916 000	111 228 000	124 161 000	129 465 000
Total Equity	13 861 000	10 959 000	10 457 000	9 111 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	43 339 000	55 402 000	52 411 000	56 835 000
Creditors	31 170 000	14 915 000	28 981 000	34 235 000
Unpaid Taxes	6 463 000	12 169 000	12 694 000	9 299 000
Dividends	0	0	0	0
Other Current Debt	7 302 000	6 165 000	6 500 000	6 214 000
Total Current Debt	55 716 000	44 867 000	61 292 000	63 520 000
Total Equity and Debt	112 916 000	111 228 000	124 161 000	129 465 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,93 %	4,58 %	12,88 %	17,81 %
Debt-to-Equity Ratio	3,13	5,06	5,01	6,24
Operating Profit Margin	8,49 %	6,17 %	4,5 %	5,46 %
Current Ratio	0,72	0,73	0,58	0,74
Quick Ratio	1,3	1,19	0,81	1,03
Equity Ratio	0,12	0,1	0,08	0,07
Gross Profit Margin	67,55 %	68,04 %	59,72 %	61,81 %