FIRENOR AS

4624 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

−16,52 %

Current Ratio

1,41

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	86 139 000	63 262 000	41 601 000	31 488 000
Net Income	−2 046 000	−708 000	−11 763 000	−4 840 000
Total Assets	46 016 000	32 513 000	47 605 000	49 275 000
Total Equity	12 382 000	14 428 000	136 000	11 898 000

Income (NOK)	2022	2021	2020	2019
Revenue	86 139 000	63 262 000	41 601 000	31 488 000
Expenditure	88 526 000	63 175 000	51 321 000	36 123 000
Operating Profit	−2 387 000	88 000	−9 719 000	−4 635 000
Financial Income	1 907 000	1 318 000	3 037 000	3 999 000
Financial Costs	1 566 000	2 114 000	3 923 000	4 119 000
Financial Balance	341 000	−796 000	−886 000	−120 000
Earnings Before Tax	−2 046 000	−708 000	−10 604 000	−4 754 000
Tax	0	0	1 158 000	86 000
Net Income	−2 046 000	−708 000	−11 763 000	−4 840 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 942 000	2 467 000	3 258 000	4 293 000
Total Current Assets	43 074 000	30 046 000	44 347 000	44 982 000
Total Assets	46 016 000	32 513 000	47 605 000	49 275 000
Total Retained Equity	−7 498 000	−5 452 000	−4 744 000	7 018 000
Total Equity	12 382 000	14 428 000	136 000	11 898 000
Total Long-Term Debt	3 133 000	7 112 000	35 417 000	292 000
Total Current Debt	30 501 000	10 973 000	12 052 000	37 084 000
Total Equity and Debt	46 016 000	32 513 000	47 605 000	49 275 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	86 139 000	63 262 000	41 565 000	31 488 000
Other Income	0	0	35 000	0
Revenue	86 139 000	63 262 000	41 601 000	31 488 000
Cost of Goods Sold	55 841 000	36 435 000	29 577 000	18 801 000
Salary Costs	20 161 000	17 625 000	15 189 000	11 490 000
Depreciation	847 000	659 000	638 000	485 000
Impairment	0	0	0	0
Expenditure	88 526 000	63 175 000	51 321 000	36 123 000
Operating Profit	−2 387 000	88 000	−9 719 000	−4 635 000
Financial Income	1 907 000	1 318 000	3 037 000	3 999 000
Financial Costs	1 566 000	2 114 000	3 923 000	4 119 000
Financial Balance	341 000	−796 000	−886 000	−120 000
Dividends	0	0	0	0
Net Income	−2 046 000	−708 000	−11 763 000	−4 840 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 906 000	1 176 000	1 760 000	2 708 000
Real Eastate	195 000	279 000	362 000	445 000
Machinery and Plant Facilities	841 000	1 012 000	1 136 000	1 140 000
Fixtures	0	0	0	0
Total Tangible Assets	1 037 000	1 291 000	1 498 000	1 585 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 942 000	2 467 000	3 258 000	4 293 000
Stock	1 347 000	2 767 000	1 703 000	4 994 000
Total Investments	0	0	0	0
Cash, Bank	9 651 000	6 497 000	719 000	348 000
Total Current Assets	43 074 000	30 046 000	44 347 000	44 982 000
Total Assets	46 016 000	32 513 000	47 605 000	49 275 000
Total Equity	12 382 000	14 428 000	136 000	11 898 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 133 000	7 112 000	35 417 000	292 000
Creditors	11 419 000	7 109 000	3 036 000	1 938 000
Unpaid Taxes	1 405 000	1 367 000	2 189 000	688 000
Dividends	0	0	0	0
Other Current Debt	17 677 000	2 497 000	6 827 000	6 113 000
Total Current Debt	30 501 000	10 973 000	12 052 000	37 084 000
Total Equity and Debt	46 016 000	32 513 000	47 605 000	49 275 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,52 %	−4,91 %	−8 649,26 %	−40,68 %
Debt-to-Equity Ratio	0,25	0,49	260,42	0,02
Operating Profit Margin	−2,77 %	0,14 %	−23,36 %	−14,72 %
Current Ratio	1,41	2,74	3,68	1,21
Quick Ratio	1,48	3,66	4,29	1,4
Equity Ratio	0,27	0,44	0	0,24
Gross Profit Margin	35,17 %	42,41 %	28,9 %	40,29 %