FIRMUS GROUP AS

1604 FREDRIKSTAD

Finances

Return on Equity

−4,02 %

Current Ratio

30,58

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	55 667 000	73 047 000	67 078 000	93 928 000
Net Income	−17 438 000	−1 165 000	1 992 000	7 318 000
Total Assets	516 621 000	506 944 000	195 578 000	242 035 000
Total Equity	433 550 000	421 580 000	119 905 000	136 457 000

Income (NOK)	2022	2021	2020	2019
Revenue	55 667 000	73 047 000	67 078 000	93 928 000
Expenditure	74 395 000	62 234 000	46 451 000	79 019 000
Operating Profit	−15 555 000	4 342 000	8 055 000	14 909 000
Financial Income	1 966 000	4 466 000	2 382 000	1 135 000
Financial Costs	4 221 000	6 299 000	5 353 000	6 012 000
Financial Balance	−2 255 000	−1 833 000	−2 971 000	−4 877 000
Earnings Before Tax	−17 810 000	2 508 000	5 084 000	10 032 000
Tax	−372 000	3 673 000	3 091 000	2 714 000
Net Income	−17 438 000	−1 165 000	1 992 000	7 318 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	150 767 000	140 973 000	158 425 000	180 580 000
Total Current Assets	365 854 000	365 971 000	37 153 000	61 455 000
Total Assets	516 621 000	506 944 000	195 578 000	242 035 000
Total Retained Equity	−214 568 000	−201 528 000	−180 130 000	−172 181 000
Total Equity	433 550 000	421 580 000	119 905 000	136 457 000
Total Long-Term Debt	71 105 000	77 533 000	41 979 000	85 706 000
Total Current Debt	11 965 000	7 832 000	33 694 000	19 872 000
Total Equity and Debt	516 621 000	506 944 000	195 578 000	242 035 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 102 000	17 816 000	45 313 000	41 095 000
Other Income	54 565 000	55 231 000	21 765 000	52 833 000
Revenue	55 667 000	73 047 000	67 078 000	93 928 000
Cost of Goods Sold	13 248 000	7 567 000	20 645 000	44 695 000
Salary Costs	19 380 000	15 859 000	9 350 000	5 838 000
Depreciation	6 043 000	5 913 000	2 697 000	139 000
Impairment	0	0	0	0
Expenditure	74 395 000	62 234 000	46 451 000	79 019 000
Operating Profit	−15 555 000	4 342 000	8 055 000	14 909 000
Financial Income	1 966 000	4 466 000	2 382 000	1 135 000
Financial Costs	4 221 000	6 299 000	5 353 000	6 012 000
Financial Balance	−2 255 000	−1 833 000	−2 971 000	−4 877 000
Dividends	0	0	0	0
Net Income	−17 438 000	−1 165 000	1 992 000	7 318 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	8 288 000	11 051 000	0	0
Total Intangible Assets	10 113 000	12 825 000	568 000	894 000
Real Eastate	137 016 000	124 645 000	150 059 000	172 157 000
Machinery and Plant Facilities	0	0	0	1 783 000
Fixtures	3 639 000	3 503 000	3 301 000	2 047 000
Total Tangible Assets	140 654 000	128 148 000	153 360 000	175 987 000
Total Fiancial Fixed Assets	0	0	4 497 000	3 699 000
Total Fixed Assets	150 767 000	140 973 000	158 425 000	180 580 000
Stock	340 507 000	336 348 000	13 038 000	30 350 000
Total Investments	0	0	0	78 000
Cash, Bank	17 399 000	23 638 000	21 693 000	27 396 000
Total Current Assets	365 854 000	365 971 000	37 153 000	61 455 000
Total Assets	516 621 000	506 944 000	195 578 000	242 035 000
Total Equity	433 550 000	421 580 000	119 905 000	136 457 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	71 105 000	77 533 000	41 979 000	85 706 000
Creditors	5 258 000	2 087 000	2 502 000	2 674 000
Unpaid Taxes	747 000	3 012 000	889 000	335 000
Dividends	0	0	0	0
Other Current Debt	3 705 000	2 733 000	29 408 000	16 864 000
Total Current Debt	11 965 000	7 832 000	33 694 000	19 872 000
Total Equity and Debt	516 621 000	506 944 000	195 578 000	242 035 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,02 %	−0,28 %	1,66 %	5,36 %
Debt-to-Equity Ratio	0,16	0,18	0,35	0,63
Operating Profit Margin	−27,94 %	5,94 %	12,01 %	15,87 %
Current Ratio	30,58	46,73	1,1	3,09
Quick Ratio	−1,11	−1,11	1,8	−5,87
Equity Ratio	0,84	0,83	0,61	0,56
Gross Profit Margin	76,2 %	89,64 %	69,22 %	52,42 %