FJORDPIPE AS

6940 EIKEFJORD

Finances

Return on Equity

30,4 %

Current Ratio

1,52

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	73 014 000	63 604 000	70 033 000	77 188 000
Net Income	2 515 000	3 688 000	2 343 000	3 704 000
Total Assets	23 450 000	21 243 000	20 344 000	21 648 000
Total Equity	8 273 000	7 758 000	10 569 000	8 134 000

Income (NOK)	2022	2021	2020	2019
Revenue	73 014 000	63 604 000	70 033 000	77 188 000
Expenditure	69 770 000	58 803 000	67 120 000	72 385 000
Operating Profit	3 243 000	4 800 000	2 913 000	4 803 000
Financial Income	39 000	−51 000	195 000	12 000
Financial Costs	46 000	21 000	99 000	53 000
Financial Balance	−7 000	−72 000	96 000	−41 000
Earnings Before Tax	3 236 000	4 729 000	3 009 000	4 762 000
Tax	721 000	1 040 000	666 000	1 057 000
Net Income	2 515 000	3 688 000	2 343 000	3 704 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 698 000	1 412 000	1 066 000	1 211 000
Total Current Assets	21 752 000	19 831 000	19 278 000	20 437 000
Total Assets	23 450 000	21 243 000	20 344 000	21 648 000
Total Retained Equity	2 503 000	1 988 000	4 799 000	2 364 000
Total Equity	8 273 000	7 758 000	10 569 000	8 134 000
Total Long-Term Debt	872 000	688 000	628 000	666 000
Total Current Debt	14 306 000	12 797 000	9 147 000	12 848 000
Total Equity and Debt	23 450 000	21 243 000	20 344 000	21 648 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	73 014 000	63 444 000	69 842 000	77 183 000
Other Income	0	160 000	191 000	5 000
Revenue	73 014 000	63 604 000	70 033 000	77 188 000
Cost of Goods Sold	41 197 000	33 033 000	37 944 000	43 045 000
Salary Costs	18 955 000	17 558 000	18 435 000	18 109 000
Depreciation	357 000	244 000	180 000	306 000
Impairment	0	0	0	0
Expenditure	69 770 000	58 803 000	67 120 000	72 385 000
Operating Profit	3 243 000	4 800 000	2 913 000	4 803 000
Financial Income	39 000	−51 000	195 000	12 000
Financial Costs	46 000	21 000	99 000	53 000
Financial Balance	−7 000	−72 000	96 000	−41 000
Dividends	2 000 000	6 500 000	0	0
Net Income	2 515 000	3 688 000	2 343 000	3 704 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	585 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 341 000	14 000	16 000	18 000
Fixtures	243 000	1 245 000	845 000	578 000
Total Tangible Assets	1 584 000	1 259 000	861 000	596 000
Total Fiancial Fixed Assets	115 000	153 000	205 000	30 000
Total Fixed Assets	1 698 000	1 412 000	1 066 000	1 211 000
Stock	2 056 000	1 673 000	1 516 000	1 427 000
Total Investments	0	0	0	0
Cash, Bank	6 871 000	11 587 000	6 122 000	5 694 000
Total Current Assets	21 752 000	19 831 000	19 278 000	20 437 000
Total Assets	23 450 000	21 243 000	20 344 000	21 648 000
Total Equity	8 273 000	7 758 000	10 569 000	8 134 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	872 000	688 000	628 000	666 000
Creditors	6 476 000	4 616 000	4 673 000	5 858 000
Unpaid Taxes	2 356 000	2 398 000	2 576 000	3 065 000
Dividends	2 000 000	6 500 000	0	0
Other Current Debt	5 256 000	5 028 000	1 898 000	3 925 000
Total Current Debt	14 306 000	12 797 000	9 147 000	12 848 000
Total Equity and Debt	23 450 000	21 243 000	20 344 000	21 648 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,4 %	47,54 %	22,17 %	45,54 %
Debt-to-Equity Ratio	0,11	0,09	0,06	0,08
Operating Profit Margin	4,44 %	7,55 %	4,16 %	6,22 %
Current Ratio	1,52	1,55	2,11	1,59
Quick Ratio	1,78	1,78	2,53	1,79
Equity Ratio	0,35	0,37	0,52	0,38
Gross Profit Margin	43,58 %	48,06 %	45,82 %	44,23 %