FESTO AS

0666 OSLO

Finances

Share Ownership

Return on Equity

45,51 %

Current Ratio

1,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	122 605 000	114 575 000	112 996 000	114 563 000
Net Income	4 041 000	12 682 000	10 945 000	6 224 000
Total Assets	31 677 000	41 430 000	37 227 000	34 780 000
Total Equity	8 879 000	7 838 000	9 855 000	7 910 000

Income (NOK)	2022	2021	2020	2019
Revenue	122 605 000	114 575 000	112 996 000	114 563 000
Expenditure	117 272 000	98 150 000	98 190 000	106 656 000
Operating Profit	5 332 000	16 424 000	14 806 000	7 908 000
Financial Income	1 450 000	857 000	1 244 000	906 000
Financial Costs	1 593 000	1 020 000	2 012 000	827 000
Financial Balance	−143 000	−163 000	−768 000	79 000
Earnings Before Tax	5 189 000	16 262 000	14 038 000	7 987 000
Tax	1 148 000	3 579 000	3 093 000	1 763 000
Net Income	4 041 000	12 682 000	10 945 000	6 224 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	90 000	75 000	131 000	136 000
Total Current Assets	31 587 000	41 355 000	37 097 000	34 644 000
Total Assets	31 677 000	41 430 000	37 227 000	34 780 000
Total Retained Equity	8 379 000	7 338 000	9 355 000	7 410 000
Total Equity	8 879 000	7 838 000	9 855 000	7 910 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	22 798 000	33 592 000	27 372 000	26 870 000
Total Equity and Debt	31 677 000	41 430 000	37 227 000	34 780 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	122 308 000	114 568 000	112 979 000	114 543 000
Other Income	297 000	6 000	17 000	20 000
Revenue	122 605 000	114 575 000	112 996 000	114 563 000
Cost of Goods Sold	87 467 000	71 622 000	72 029 000	78 439 000
Salary Costs	19 543 000	18 768 000	18 506 000	19 509 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	117 272 000	98 150 000	98 190 000	106 656 000
Operating Profit	5 332 000	16 424 000	14 806 000	7 908 000
Financial Income	1 450 000	857 000	1 244 000	906 000
Financial Costs	1 593 000	1 020 000	2 012 000	827 000
Financial Balance	−143 000	−163 000	−768 000	79 000
Dividends	3 000 000	14 700 000	9 000 000	6 000 000
Net Income	4 041 000	12 682 000	10 945 000	6 224 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	90 000	75 000	131 000	136 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	90 000	75 000	131 000	136 000
Stock	325 000	272 000	308 000	394 000
Total Investments	0	0	0	0
Cash, Bank	12 474 000	25 357 000	20 728 000	20 859 000
Total Current Assets	31 587 000	41 355 000	37 097 000	34 644 000
Total Assets	31 677 000	41 430 000	37 227 000	34 780 000
Total Equity	8 879 000	7 838 000	9 855 000	7 910 000
Short-Term Group Debt	5 357 000	4 320 000	3 122 000	1 692 000
Total Long-Term Debt	0	0	0	0
Creditors	1 734 000	488 000	562 000	339 000
Unpaid Taxes	5 373 000	4 762 000	4 025 000	4 815 000
Dividends	3 000 000	14 700 000	9 000 000	6 000 000
Other Current Debt	6 171 000	5 800 000	7 575 000	12 298 000
Total Current Debt	22 798 000	33 592 000	27 372 000	26 870 000
Total Equity and Debt	31 677 000	41 430 000	37 227 000	34 780 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,51 %	161,8 %	111,06 %	78,69 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,35 %	14,33 %	13,1 %	6,9 %
Current Ratio	1,39	1,23	1,36	1,29
Quick Ratio	1,41	1,24	1,37	1,31
Equity Ratio	0,28	0,19	0,26	0,23
Gross Profit Margin	28,66 %	37,49 %	36,26 %	31,53 %