FTG AS

6817 NAUSTDAL

Finances

Share Ownership

Return on Equity

19,04 %

Current Ratio

6,43

Debt-to-Equity Ratio

5,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 285 000	1 254 000	538 000	548 000
Net Income	292 000	363 000	67 000	99 000
Total Assets	10 660 000	10 763 000	11 750 000	3 572 000
Total Equity	1 534 000	1 242 000	879 000	812 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 285 000	1 254 000	538 000	548 000
Expenditure	542 000	466 000	318 000	289 000
Operating Profit	743 000	787 000	220 000	259 000
Financial Income	0	0	2 000	2 000
Financial Costs	370 000	322 000	136 000	134 000
Financial Balance	−370 000	−322 000	−134 000	−132 000
Earnings Before Tax	374 000	465 000	86 000	126 000
Tax	82 000	102 000	19 000	28 000
Net Income	292 000	363 000	67 000	99 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 786 000	9 955 000	9 889 000	2 994 000
Total Current Assets	874 000	808 000	1 860 000	578 000
Total Assets	10 660 000	10 763 000	11 750 000	3 572 000
Total Retained Equity	1 284 000	992 000	629 000	562 000
Total Equity	1 534 000	1 242 000	879 000	812 000
Total Long-Term Debt	8 991 000	9 441 000	2 507 000	2 623 000
Total Current Debt	136 000	81 000	8 364 000	138 000
Total Equity and Debt	10 660 000	10 763 000	11 750 000	3 572 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 285 000	1 254 000	538 000	548 000
Revenue	1 285 000	1 254 000	538 000	548 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	342 000	325 000	148 000	131 000
Impairment	0	0	0	0
Expenditure	542 000	466 000	318 000	289 000
Operating Profit	743 000	787 000	220 000	259 000
Financial Income	0	0	2 000	2 000
Financial Costs	370 000	322 000	136 000	134 000
Financial Balance	−370 000	−322 000	−134 000	−132 000
Dividends	0	0	0	0
Net Income	292 000	363 000	67 000	99 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 628 000	8 850 000	8 874 000	1 916 000
Machinery and Plant Facilities	1 023 000	954 000	1 016 000	1 077 000
Fixtures	135 000	151 000	0	0
Total Tangible Assets	9 786 000	9 955 000	9 889 000	2 994 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 786 000	9 955 000	9 889 000	2 994 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	874 000	802 000	233 000	578 000
Total Current Assets	874 000	808 000	1 860 000	578 000
Total Assets	10 660 000	10 763 000	11 750 000	3 572 000
Total Equity	1 534 000	1 242 000	879 000	812 000
Short-Term Group Debt	3 000	0	0	0
Total Long-Term Debt	8 991 000	9 441 000	2 507 000	2 623 000
Creditors	38 000	5 000	236 000	3 000
Unpaid Taxes	47 000	47 000	0	98 000
Dividends	0	0	0	0
Other Current Debt	0	28 000	9 000	9 000
Total Current Debt	136 000	81 000	8 364 000	138 000
Total Equity and Debt	10 660 000	10 763 000	11 750 000	3 572 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,04 %	29,23 %	7,62 %	12,19 %
Debt-to-Equity Ratio	5,86	7,6	2,85	3,23
Operating Profit Margin	57,82 %	62,76 %	40,89 %	47,26 %
Current Ratio	6,43	9,98	0,22	4,19
Quick Ratio	6,43	9,98	0,22	4,19
Equity Ratio	0,14	0,12	0,07	0,23
Gross Profit Margin	100 %	100 %	100 %	100 %