OVE FORSTRØNEN HOLDING AS

5353 STRAUME

Finances

Return on Equity

7,16 %

Current Ratio

1,12

Debt-to-Equity Ratio

0,57

Key figures (NOK)	2021	2020	2019	2018
Revenue	126 414 000	126 739 000	116 588 000	118 171 000
Net Income	2 844 000	2 491 000	−2 228 000	937 000
Total Assets	73 449 000	77 186 000	71 645 000	81 293 000
Total Equity	39 742 000	36 983 000	34 492 000	38 504 000

Income (NOK)	2021	2020	2019	2018
Revenue	126 414 000	126 739 000	116 588 000	118 171 000
Expenditure	122 495 000	121 673 000	114 034 000	115 876 000
Operating Profit	3 920 000	5 066 000	2 555 000	2 295 000
Financial Income	16 000	143 000	1 238 000	113 000
Financial Costs	927 000	1 269 000	5 247 000	595 000
Financial Balance	−911 000	−1 126 000	−4 009 000	−482 000
Earnings Before Tax	3 009 000	3 939 000	−1 454 000	1 813 000
Tax	165 000	1 448 000	774 000	876 000
Net Income	2 844 000	2 491 000	−2 228 000	937 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	61 141 000	64 005 000	62 976 000	64 459 000
Total Current Assets	12 308 000	13 182 000	8 668 000	16 834 000
Total Assets	73 449 000	77 186 000	71 645 000	81 293 000
Total Retained Equity	38 624 000	35 865 000	33 374 000	37 385 000
Total Equity	39 742 000	36 983 000	34 492 000	38 504 000
Total Long-Term Debt	22 705 000	23 800 000	25 043 000	27 646 000
Total Current Debt	11 001 000	16 403 000	12 109 000	15 143 000
Total Equity and Debt	73 449 000	77 186 000	71 645 000	81 293 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	126 414 000	126 739 000	116 588 000	118 171 000
Other Income	0	0	0	0
Revenue	126 414 000	126 739 000	116 588 000	118 171 000
Cost of Goods Sold	100 949 000	99 640 000	92 193 000	92 626 000
Salary Costs	6 146 000	5 796 000	5 969 000	7 433 000
Depreciation	2 118 000	1 961 000	2 271 000	2 089 000
Impairment	0	0	0	0
Expenditure	122 495 000	121 673 000	114 034 000	115 876 000
Operating Profit	3 920 000	5 066 000	2 555 000	2 295 000
Financial Income	16 000	143 000	1 238 000	113 000
Financial Costs	927 000	1 269 000	5 247 000	595 000
Financial Balance	−911 000	−1 126 000	−4 009 000	−482 000
Dividends	0	0	0	0
Net Income	2 844 000	2 491 000	−2 228 000	937 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	45 907 000	51 350 000	51 699 000	52 372 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 430 000	1 912 000	535 000	1 360 000
Total Tangible Assets	47 337 000	53 262 000	52 233 000	53 732 000
Total Fiancial Fixed Assets	13 804 000	10 743 000	10 743 000	10 727 000
Total Fixed Assets	61 141 000	64 005 000	62 976 000	64 459 000
Stock	4 405 000	4 487 000	4 001 000	4 477 000
Total Investments	0	0	0	3 122 000
Cash, Bank	5 397 000	0	3 458 000	7 176 000
Total Current Assets	12 308 000	13 182 000	8 668 000	16 834 000
Total Assets	73 449 000	77 186 000	71 645 000	81 293 000
Total Equity	39 742 000	36 983 000	34 492 000	38 504 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 705 000	23 800 000	25 043 000	27 646 000
Creditors	7 785 000	11 159 000	3 665 000	8 198 000
Unpaid Taxes	1 004 000	708 000	840 000	727 000
Dividends	0	0	0	0
Other Current Debt	2 078 000	2 969 000	6 843 000	5 934 000
Total Current Debt	11 001 000	16 403 000	12 109 000	15 143 000
Total Equity and Debt	73 449 000	77 186 000	71 645 000	81 293 000

Financial indicators	2021	2020	2019	2018
Return on Equity	7,16 %	6,74 %	−6,46 %	2,43 %
Debt-to-Equity Ratio	0,57	0,64	0,73	0,72
Operating Profit Margin	3,1 %	4 %	2,19 %	1,94 %
Current Ratio	1,12	0,8	0,72	1,11
Quick Ratio	1,87	1,11	1,07	1,58
Equity Ratio	0,54	0,48	0,48	0,47
Gross Profit Margin	20,14 %	21,38 %	20,92 %	21,62 %