FAGVERKTØY AS

9514 ALTA

Finances

Return on Equity

36,33 %

Current Ratio

2,03

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	46 502 000	48 701 000	42 932 000	39 582 000
Net Income	5 118 000	6 026 000	5 662 000	3 845 000
Total Assets	27 585 000	27 345 000	23 912 000	19 354 000
Total Equity	14 087 000	13 566 000	12 549 000	9 907 000

Income (NOK)	2022	2021	2020	2019
Revenue	46 502 000	48 701 000	42 932 000	39 582 000
Expenditure	40 035 000	40 934 000	35 686 000	34 669 000
Operating Profit	6 466 000	7 767 000	7 246 000	4 913 000
Financial Income	142 000	35 000	95 000	85 000
Financial Costs	45 000	76 000	81 000	69 000
Financial Balance	97 000	−41 000	14 000	16 000
Earnings Before Tax	6 562 000	7 726 000	7 259 000	4 930 000
Tax	1 444 000	1 700 000	1 598 000	1 085 000
Net Income	5 118 000	6 026 000	5 662 000	3 845 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	485 000	388 000	527 000	456 000
Total Current Assets	27 100 000	26 957 000	23 385 000	18 898 000
Total Assets	27 585 000	27 345 000	23 912 000	19 354 000
Total Retained Equity	9 712 000	9 191 000	8 174 000	5 533 000
Total Equity	14 087 000	13 566 000	12 549 000	9 907 000
Total Long-Term Debt	166 000	237 000	194 000	1 212 000
Total Current Debt	13 332 000	13 542 000	11 170 000	8 235 000
Total Equity and Debt	27 585 000	27 345 000	23 912 000	19 354 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	46 165 000	48 319 000	42 567 000	39 250 000
Other Income	336 000	381 000	364 000	332 000
Revenue	46 502 000	48 701 000	42 932 000	39 582 000
Cost of Goods Sold	27 769 000	29 994 000	24 908 000	24 436 000
Salary Costs	8 069 000	7 219 000	6 712 000	6 588 000
Depreciation	118 000	126 000	103 000	86 000
Impairment	0	0	0	0
Expenditure	40 035 000	40 934 000	35 686 000	34 669 000
Operating Profit	6 466 000	7 767 000	7 246 000	4 913 000
Financial Income	142 000	35 000	95 000	85 000
Financial Costs	45 000	76 000	81 000	69 000
Financial Balance	97 000	−41 000	14 000	16 000
Dividends	2 500 000	5 000 000	3 000 000	2 017 000
Net Income	5 118 000	6 026 000	5 662 000	3 845 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	33 000	15 000	24 000	22 000
Real Eastate	166 000	166 000	166 000	166 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	265 000	186 000	312 000	231 000
Total Tangible Assets	432 000	353 000	479 000	398 000
Total Fiancial Fixed Assets	20 000	20 000	25 000	37 000
Total Fixed Assets	485 000	388 000	527 000	456 000
Stock	11 383 000	9 858 000	9 640 000	9 455 000
Total Investments	0	0	0	0
Cash, Bank	7 767 000	10 859 000	7 421 000	5 378 000
Total Current Assets	27 100 000	26 957 000	23 385 000	18 898 000
Total Assets	27 585 000	27 345 000	23 912 000	19 354 000
Total Equity	14 087 000	13 566 000	12 549 000	9 907 000
Short-Term Group Debt	2 106 000	11 000	26 000	26 000
Total Long-Term Debt	166 000	237 000	194 000	1 212 000
Creditors	4 053 000	3 331 000	2 937 000	2 315 000
Unpaid Taxes	1 036 000	1 114 000	1 034 000	867 000
Dividends	2 500 000	5 000 000	3 000 000	2 017 000
Other Current Debt	2 184 000	2 397 000	2 578 000	1 903 000
Total Current Debt	13 332 000	13 542 000	11 170 000	8 235 000
Total Equity and Debt	27 585 000	27 345 000	23 912 000	19 354 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,33 %	44,42 %	45,12 %	38,81 %
Debt-to-Equity Ratio	0,01	0,02	0,02	0,12
Operating Profit Margin	13,9 %	15,95 %	16,88 %	12,41 %
Current Ratio	2,03	1,99	2,09	2,29
Quick Ratio	13,9	7,32	15,28	−15,49
Equity Ratio	0,51	0,5	0,52	0,51
Gross Profit Margin	40,28 %	38,41 %	41,98 %	38,26 %