FURNESSTRAND AS

8215 VALNESFJORD

Finances

Share Ownership

Return on Equity

3,15 %

Current Ratio

1,71

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 687 000	2 194 000	2 118 000	2 352 000
Net Income	30 000	119 000	137 000	120 000
Total Assets	1 828 000	1 932 000	1 802 000	1 744 000
Total Equity	951 000	1 521 000	1 402 000	1 266 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 687 000	2 194 000	2 118 000	2 352 000
Expenditure	1 656 000	2 042 000	1 947 000	2 204 000
Operating Profit	31 000	152 000	171 000	147 000
Financial Income	8 000	1 000	5 000	8 000
Financial Costs	0	0	0	0
Financial Balance	8 000	1 000	5 000	8 000
Earnings Before Tax	39 000	153 000	176 000	154 000
Tax	9 000	34 000	39 000	34 000
Net Income	30 000	119 000	137 000	120 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	392 000	486 000	581 000	124 000
Total Current Assets	1 436 000	1 445 000	1 221 000	1 620 000
Total Assets	1 828 000	1 932 000	1 802 000	1 744 000
Total Retained Equity	847 000	1 417 000	1 298 000	1 162 000
Total Equity	951 000	1 521 000	1 402 000	1 266 000
Total Long-Term Debt	38 000	43 000	43 000	27 000
Total Current Debt	839 000	368 000	357 000	452 000
Total Equity and Debt	1 828 000	1 932 000	1 802 000	1 744 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 687 000	2 194 000	2 118 000	2 352 000
Other Income	0	0	0	0
Revenue	1 687 000	2 194 000	2 118 000	2 352 000
Cost of Goods Sold	369 000	408 000	423 000	384 000
Salary Costs	910 000	1 273 000	1 230 000	1 516 000
Depreciation	94 000	94 000	54 000	42 000
Impairment	0	0	0	0
Expenditure	1 656 000	2 042 000	1 947 000	2 204 000
Operating Profit	31 000	152 000	171 000	147 000
Financial Income	8 000	1 000	5 000	8 000
Financial Costs	0	0	0	0
Financial Balance	8 000	1 000	5 000	8 000
Dividends	600 000	0	0	0
Net Income	30 000	119 000	137 000	120 000

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	13 000	18 000	24 000	4 000
Fixtures	379 000	468 000	557 000	120 000
Total Tangible Assets	392 000	486 000	581 000	124 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	392 000	486 000	581 000	124 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 343 000	1 224 000	1 045 000	1 366 000
Total Current Assets	1 436 000	1 445 000	1 221 000	1 620 000
Total Assets	1 828 000	1 932 000	1 802 000	1 744 000
Total Equity	951 000	1 521 000	1 402 000	1 266 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	38 000	43 000	43 000	27 000
Creditors	10 000	21 000	13 000	17 000
Unpaid Taxes	73 000	165 000	176 000	192 000
Dividends	600 000	0	0	0
Other Current Debt	142 000	149 000	144 000	200 000
Total Current Debt	839 000	368 000	357 000	452 000
Total Equity and Debt	1 828 000	1 932 000	1 802 000	1 744 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,15 %	7,82 %	9,77 %	9,48 %
Debt-to-Equity Ratio	0,04	0,03	0,03	0,02
Operating Profit Margin	1,84 %	6,93 %	8,07 %	6,25 %
Current Ratio	1,71	3,93	3,42	3,58
Quick Ratio	1,71	3,93	3,42	3,58
Equity Ratio	0,52	0,79	0,78	0,73
Gross Profit Margin	78,13 %	81,4 %	80,03 %	83,67 %