FITTINGS OF NORWAY AS

3034 DRAMMEN

Finances

Share Ownership

Return on Equity

−15,88 %

Current Ratio

2,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	845 000	1 050 000	1 016 000	1 166 000
Net Income	−87 000	158 000	27 000	11 000
Total Assets	811 000	1 303 000	960 000	829 000
Total Equity	548 000	635 000	476 000	449 000

Income (NOK)	2022	2021	2020	2019
Revenue	845 000	1 050 000	1 016 000	1 166 000
Expenditure	932 000	848 000	975 000	1 124 000
Operating Profit	−87 000	202 000	41 000	42 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	2 000	3 000
Financial Balance	0	−1 000	−2 000	−3 000
Earnings Before Tax	−87 000	202 000	40 000	39 000
Tax	0	43 000	12 000	29 000
Net Income	−87 000	158 000	27 000	11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	41 000	0	0
Total Current Assets	761 000	1 263 000	960 000	829 000
Total Assets	811 000	1 303 000	960 000	829 000
Total Retained Equity	448 000	535 000	376 000	349 000
Total Equity	548 000	635 000	476 000	449 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	263 000	669 000	484 000	380 000
Total Equity and Debt	811 000	1 303 000	960 000	829 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	845 000	1 050 000	1 016 000	1 166 000
Other Income	0	0	0	0
Revenue	845 000	1 050 000	1 016 000	1 166 000
Cost of Goods Sold	590 000	423 000	686 000	421 000
Salary Costs	56 000	110 000	43 000	100 000
Depreciation	11 000	5 000	0	0
Impairment	0	0	0	0
Expenditure	932 000	848 000	975 000	1 124 000
Operating Profit	−87 000	202 000	41 000	42 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	2 000	3 000
Financial Balance	0	−1 000	−2 000	−3 000
Dividends	0	0	0	0
Net Income	−87 000	158 000	27 000	11 000

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	50 000	41 000	0	0
Total Tangible Assets	50 000	41 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	50 000	41 000	0	0
Stock	142 000	289 000	248 000	542 000
Total Investments	0	0	0	0
Cash, Bank	93 000	767 000	541 000	181 000
Total Current Assets	761 000	1 263 000	960 000	829 000
Total Assets	811 000	1 303 000	960 000	829 000
Total Equity	548 000	635 000	476 000	449 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	8 000	0	0
Unpaid Taxes	15 000	39 000	83 000	38 000
Dividends	0	0	0	0
Other Current Debt	248 000	579 000	360 000	314 000
Total Current Debt	263 000	669 000	484 000	380 000
Total Equity and Debt	811 000	1 303 000	960 000	829 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,88 %	24,88 %	5,67 %	2,45 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−10,3 %	19,24 %	4,04 %	3,6 %
Current Ratio	2,89	1,89	1,98	2,18
Quick Ratio	6,29	3,32	4,07	−5,12
Equity Ratio	0,68	0,49	0,5	0,54
Gross Profit Margin	30,18 %	59,71 %	32,48 %	63,89 %