FØRSTEREIS AS

1680 SKJÆRHALDEN

Finances

Share Ownership

Return on Equity

234,83 %

Current Ratio

0,71

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 738 000	11 201 000	9 944 000	7 870 000
Net Income	−1 571 000	999 000	1 374 000	−191 000
Total Assets	2 635 000	4 471 000	2 581 000	1 797 000
Total Equity	−669 000	902 000	683 000	−691 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 738 000	11 201 000	9 944 000	7 870 000
Expenditure	11 306 000	9 919 000	8 482 000	8 112 000
Operating Profit	−1 568 000	1 283 000	1 462 000	−242 000
Financial Income	3 000	0	0	0
Financial Costs	7 000	7 000	26 000	34 000
Financial Balance	−4 000	−7 000	−26 000	−34 000
Earnings Before Tax	−1 572 000	1 276 000	1 436 000	−276 000
Tax	−2 000	277 000	62 000	−85 000
Net Income	−1 571 000	999 000	1 374 000	−191 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	281 000	366 000	93 000	28 000
Total Current Assets	2 355 000	4 105 000	2 489 000	1 768 000
Total Assets	2 635 000	4 471 000	2 581 000	1 797 000
Total Retained Equity	−1 471 000	100 000	−119 000	−1 493 000
Total Equity	−669 000	902 000	683 000	−691 000
Total Long-Term Debt	0	2 000	0	0
Total Current Debt	3 304 000	3 568 000	1 898 000	2 488 000
Total Equity and Debt	2 635 000	4 471 000	2 581 000	1 797 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 481 000	10 535 000	9 856 000	7 826 000
Other Income	257 000	666 000	88 000	44 000
Revenue	9 738 000	11 201 000	9 944 000	7 870 000
Cost of Goods Sold	3 980 000	3 607 000	3 602 000	3 131 000
Salary Costs	5 267 000	4 572 000	3 234 000	3 477 000
Depreciation	86 000	66 000	13 000	10 000
Impairment	0	0	0	0
Expenditure	11 306 000	9 919 000	8 482 000	8 112 000
Operating Profit	−1 568 000	1 283 000	1 462 000	−242 000
Financial Income	3 000	0	0	0
Financial Costs	7 000	7 000	26 000	34 000
Financial Balance	−4 000	−7 000	−26 000	−34 000
Dividends	0	0	0	0
Net Income	−1 571 000	999 000	1 374 000	−191 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	281 000	366 000	93 000	28 000
Total Tangible Assets	281 000	366 000	93 000	28 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	281 000	366 000	93 000	28 000
Stock	1 194 000	1 098 000	724 000	590 000
Total Investments	0	0	0	0
Cash, Bank	216 000	1 650 000	862 000	43 000
Total Current Assets	2 355 000	4 105 000	2 489 000	1 768 000
Total Assets	2 635 000	4 471 000	2 581 000	1 797 000
Total Equity	−669 000	902 000	683 000	−691 000
Short-Term Group Debt	1 094 000	1 589 000	129 000	0
Total Long-Term Debt	0	2 000	0	0
Creditors	405 000	226 000	117 000	397 000
Unpaid Taxes	260 000	261 000	228 000	211 000
Dividends	0	0	0	0
Other Current Debt	1 546 000	1 436 000	1 362 000	1 577 000
Total Current Debt	3 304 000	3 568 000	1 898 000	2 488 000
Total Equity and Debt	2 635 000	4 471 000	2 581 000	1 797 000

Financial indicators	2022	2021	2020	2019
Return on Equity	234,83 %	110,75 %	201,17 %	27,64 %
Debt-to-Equity Ratio	−0	0	0	−0
Operating Profit Margin	−16,1 %	11,45 %	14,7 %	−3,07 %
Current Ratio	0,71	1,15	1,31	0,71
Quick Ratio	1,12	1,66	2,12	0,93
Equity Ratio	−0,25	0,2	0,26	−0,38
Gross Profit Margin	59,13 %	67,8 %	63,78 %	60,22 %