FORENEDE MONTØRER AS

3610 KONGSBERG

Finances

Share Ownership

Return on Equity

20,1 %

Current Ratio

1,55

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	90 303 000	84 783 000	82 084 000	114 298 000
Net Income	2 585 000	1 214 000	1 377 000	5 073 000
Total Assets	35 582 000	32 641 000	31 278 000	41 420 000
Total Equity	12 863 000	11 478 000	10 864 000	10 088 000

Income (NOK)	2022	2021	2020	2019
Revenue	90 303 000	84 783 000	82 084 000	114 298 000
Expenditure	86 943 000	83 216 000	80 296 000	107 719 000
Operating Profit	3 359 000	1 568 000	1 788 000	6 579 000
Financial Income	28 000	63 000	66 000	51 000
Financial Costs	68 000	73 000	83 000	121 000
Financial Balance	−40 000	−10 000	−17 000	−70 000
Earnings Before Tax	3 319 000	1 558 000	1 771 000	6 510 000
Tax	734 000	344 000	395 000	1 436 000
Net Income	2 585 000	1 214 000	1 377 000	5 073 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 782 000	1 793 000	1 938 000	2 463 000
Total Current Assets	33 801 000	30 849 000	29 340 000	38 957 000
Total Assets	35 582 000	32 641 000	31 278 000	41 420 000
Total Retained Equity	12 761 000	11 376 000	10 762 000	9 986 000
Total Equity	12 863 000	11 478 000	10 864 000	10 088 000
Total Long-Term Debt	900 000	850 000	850 000	1 108 000
Total Current Debt	21 819 000	20 314 000	19 564 000	30 224 000
Total Equity and Debt	35 582 000	32 641 000	31 278 000	41 420 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	90 211 000	84 600 000	81 905 000	114 280 000
Other Income	91 000	182 000	180 000	18 000
Revenue	90 303 000	84 783 000	82 084 000	114 298 000
Cost of Goods Sold	32 164 000	31 463 000	26 707 000	43 387 000
Salary Costs	44 394 000	42 229 000	44 609 000	53 987 000
Depreciation	445 000	397 000	336 000	318 000
Impairment	0	0	0	0
Expenditure	86 943 000	83 216 000	80 296 000	107 719 000
Operating Profit	3 359 000	1 568 000	1 788 000	6 579 000
Financial Income	28 000	63 000	66 000	51 000
Financial Costs	68 000	73 000	83 000	121 000
Financial Balance	−40 000	−10 000	−17 000	−70 000
Dividends	1 200 000	600 000	600 000	3 000 000
Net Income	2 585 000	1 214 000	1 377 000	5 073 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	270 000	392 000	294 000	419 000
Real Eastate	0	0	0	7 000
Machinery and Plant Facilities	1 153 000	1 027 000	798 000	1 044 000
Fixtures	359 000	374 000	0	0
Total Tangible Assets	1 511 000	1 400 000	798 000	1 051 000
Total Fiancial Fixed Assets	0	0	846 000	992 000
Total Fixed Assets	1 782 000	1 793 000	1 938 000	2 463 000
Stock	3 428 000	3 054 000	2 132 000	1 875 000
Total Investments	0	0	0	0
Cash, Bank	2 604 000	5 708 000	7 506 000	9 074 000
Total Current Assets	33 801 000	30 849 000	29 340 000	38 957 000
Total Assets	35 582 000	32 641 000	31 278 000	41 420 000
Total Equity	12 863 000	11 478 000	10 864 000	10 088 000
Short-Term Group Debt	0	0	0	1 800 000
Total Long-Term Debt	900 000	850 000	850 000	1 108 000
Creditors	5 946 000	5 540 000	5 065 000	4 848 000
Unpaid Taxes	8 056 000	6 512 000	7 363 000	9 336 000
Dividends	1 200 000	600 000	600 000	3 000 000
Other Current Debt	6 005 000	7 219 000	6 266 000	9 716 000
Total Current Debt	21 819 000	20 314 000	19 564 000	30 224 000
Total Equity and Debt	35 582 000	32 641 000	31 278 000	41 420 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,1 %	10,58 %	12,67 %	50,29 %
Debt-to-Equity Ratio	0,07	0,07	0,08	0,11
Operating Profit Margin	3,72 %	1,85 %	2,18 %	5,76 %
Current Ratio	1,55	1,52	1,5	1,29
Quick Ratio	1,84	1,79	1,68	1,37
Equity Ratio	0,36	0,35	0,35	0,24
Gross Profit Margin	64,38 %	62,89 %	67,46 %	62,04 %