FERRUM AS

4313 SANDNES

Finances

Return on Equity

87,9 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	51 562 000	35 559 000	21 758 000	20 331 000
Net Income	1 773 000	1 332 000	1 127 000	485 000
Total Assets	15 757 000	10 190 000	5 214 000	7 520 000
Total Equity	2 017 000	245 000	1 263 000	586 000

Income (NOK)	2022	2021	2020	2019
Revenue	51 562 000	35 559 000	21 758 000	20 331 000
Expenditure	49 270 000	33 834 000	20 313 000	19 684 000
Operating Profit	2 293 000	1 725 000	1 445 000	646 000
Financial Income	2 000	2 000	6 000	5 000
Financial Costs	4 000	4 000	2 000	4 000
Financial Balance	−2 000	−2 000	4 000	1 000
Earnings Before Tax	2 290 000	1 722 000	1 449 000	648 000
Tax	517 000	390 000	323 000	163 000
Net Income	1 773 000	1 332 000	1 127 000	485 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	247 000	152 000	248 000	332 000
Total Current Assets	15 510 000	10 038 000	4 966 000	7 188 000
Total Assets	15 757 000	10 190 000	5 214 000	7 520 000
Total Retained Equity	1 917 000	145 000	1 163 000	486 000
Total Equity	2 017 000	245 000	1 263 000	586 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	13 740 000	9 945 000	3 951 000	6 934 000
Total Equity and Debt	15 757 000	10 190 000	5 214 000	7 520 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	47 316 000	30 274 000	21 042 000	20 248 000
Other Income	4 246 000	5 285 000	715 000	82 000
Revenue	51 562 000	35 559 000	21 758 000	20 331 000
Cost of Goods Sold	45 209 000	29 732 000	16 897 000	15 886 000
Salary Costs	2 624 000	2 483 000	2 027 000	2 336 000
Depreciation	51 000	105 000	121 000	121 000
Impairment	0	0	0	0
Expenditure	49 270 000	33 834 000	20 313 000	19 684 000
Operating Profit	2 293 000	1 725 000	1 445 000	646 000
Financial Income	2 000	2 000	6 000	5 000
Financial Costs	4 000	4 000	2 000	4 000
Financial Balance	−2 000	−2 000	4 000	1 000
Dividends	0	1 600 000	0	0
Net Income	1 773 000	1 332 000	1 127 000	485 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	21 000	72 000	97 000	140 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	50 000	121 000	193 000
Fixtures	35 000	0	0	0
Total Tangible Assets	35 000	50 000	121 000	193 000
Total Fiancial Fixed Assets	191 000	30 000	30 000	0
Total Fixed Assets	247 000	152 000	248 000	332 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 132 000	438 000	1 551 000	420 000
Total Current Assets	15 510 000	10 038 000	4 966 000	7 188 000
Total Assets	15 757 000	10 190 000	5 214 000	7 520 000
Total Equity	2 017 000	245 000	1 263 000	586 000
Short-Term Group Debt	206 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 842 000	5 242 000	2 157 000	2 892 000
Unpaid Taxes	131 000	234 000	123 000	188 000
Dividends	0	1 600 000	0	0
Other Current Debt	6 139 000	1 720 000	1 342 000	3 668 000
Total Current Debt	13 740 000	9 945 000	3 951 000	6 934 000
Total Equity and Debt	15 757 000	10 190 000	5 214 000	7 520 000

Financial indicators	2022	2021	2020	2019
Return on Equity	87,9 %	543,67 %	89,23 %	82,76 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,45 %	4,85 %	6,64 %	3,18 %
Current Ratio	1,13	1,01	1,26	1,04
Quick Ratio	1,13	1,01	1,26	1,04
Equity Ratio	0,13	0,02	0,24	0,08
Gross Profit Margin	12,32 %	16,39 %	22,34 %	21,86 %