FINN HÅKON REKNES AS

4950 RISØR

Finances

Return on Equity

69,31 %

Current Ratio

2,6

Debt-to-Equity Ratio

0,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 082 000	3 870 000	3 413 000	3 069 000
Net Income	3 681 000	1 069 000	876 000	785 000
Total Assets	8 549 000	5 509 000	3 165 000	2 829 000
Total Equity	5 311 000	2 729 000	2 060 000	1 784 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 082 000	3 870 000	3 413 000	3 069 000
Expenditure	2 337 000	2 429 000	2 281 000	2 246 000
Operating Profit	1 744 000	1 441 000	1 134 000	823 000
Financial Income	2 395 000	0	0	157 000
Financial Costs	86 000	62 000	3 000	5 000
Financial Balance	2 309 000	−62 000	−3 000	152 000
Earnings Before Tax	4 054 000	1 380 000	1 131 000	975 000
Tax	372 000	310 000	255 000	190 000
Net Income	3 681 000	1 069 000	876 000	785 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 228 000	3 912 000	369 000	447 000
Total Current Assets	3 321 000	1 597 000	2 796 000	2 382 000
Total Assets	8 549 000	5 509 000	3 165 000	2 829 000
Total Retained Equity	5 211 000	2 629 000	1 960 000	1 684 000
Total Equity	5 311 000	2 729 000	2 060 000	1 784 000
Total Long-Term Debt	1 960 000	2 094 000	95 000	141 000
Total Current Debt	1 279 000	686 000	1 010 000	904 000
Total Equity and Debt	8 549 000	5 509 000	3 165 000	2 829 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 967 000	3 870 000	3 413 000	3 069 000
Other Income	115 000	0	0	0
Revenue	4 082 000	3 870 000	3 413 000	3 069 000
Cost of Goods Sold	0	6 000	0	0
Salary Costs	1 096 000	1 320 000	1 231 000	1 185 000
Depreciation	123 000	90 000	78 000	79 000
Impairment	0	0	0	0
Expenditure	2 337 000	2 429 000	2 281 000	2 246 000
Operating Profit	1 744 000	1 441 000	1 134 000	823 000
Financial Income	2 395 000	0	0	157 000
Financial Costs	86 000	62 000	3 000	5 000
Financial Balance	2 309 000	−62 000	−3 000	152 000
Dividends	1 100 000	150 000	600 000	500 000
Net Income	3 681 000	1 069 000	876 000	785 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	4 000	0	0
Real Eastate	3 400 000	3 557 000	160 000	160 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	874 000	304 000	162 000	239 000
Total Tangible Assets	4 274 000	3 861 000	322 000	399 000
Total Fiancial Fixed Assets	954 000	48 000	48 000	48 000
Total Fixed Assets	5 228 000	3 912 000	369 000	447 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 154 000	1 478 000	2 420 000	2 344 000
Total Current Assets	3 321 000	1 597 000	2 796 000	2 382 000
Total Assets	8 549 000	5 509 000	3 165 000	2 829 000
Total Equity	5 311 000	2 729 000	2 060 000	1 784 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 960 000	2 094 000	95 000	141 000
Creditors	2 000	0	0	9 000
Unpaid Taxes	76 000	108 000	98 000	98 000
Dividends	1 100 000	150 000	600 000	500 000
Other Current Debt	95 000	114 000	47 000	97 000
Total Current Debt	1 279 000	686 000	1 010 000	904 000
Total Equity and Debt	8 549 000	5 509 000	3 165 000	2 829 000

Financial indicators	2022	2021	2020	2019
Return on Equity	69,31 %	39,17 %	42,52 %	44 %
Debt-to-Equity Ratio	0,37	0,77	0,05	0,08
Operating Profit Margin	42,72 %	37,24 %	33,23 %	26,82 %
Current Ratio	2,6	2,33	2,77	2,63
Quick Ratio	2,6	2,33	2,77	2,63
Equity Ratio	0,62	0,5	0,65	0,63
Gross Profit Margin	100 %	99,84 %	100 %	100 %