FSV GROUP AS

6415 MOLDE

Finances

Return on Equity

12,36 %

Current Ratio

2,11

Debt-to-Equity Ratio

3,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	328 846 000	247 208 000	142 921 000	107 734 000
Net Income	32 454 000	26 651 000	1 719 000	−2 151 000
Total Assets	1 255 980 000	811 942 000	133 628 000	98 088 000
Total Equity	262 500 000	190 354 000	23 031 000	21 431 000

Income (NOK)	2022	2021	2020	2019
Revenue	328 846 000	247 208 000	142 921 000	107 734 000
Expenditure	265 613 000	199 237 000	137 303 000	109 343 000
Operating Profit	63 233 000	47 971 000	5 617 000	−1 609 000
Financial Income	3 363 000	2 179 000	264 000	537 000
Financial Costs	24 794 000	15 635 000	3 150 000	3 131 000
Financial Balance	−21 431 000	−13 456 000	−2 886 000	−2 594 000
Earnings Before Tax	41 802 000	34 515 000	2 730 000	−4 203 000
Tax	9 348 000	7 864 000	1 011 000	−2 052 000
Net Income	32 454 000	26 651 000	1 719 000	−2 151 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 125 751 000	743 948 000	98 630 000	69 023 000
Total Current Assets	130 228 000	67 994 000	34 998 000	29 066 000
Total Assets	1 255 980 000	811 942 000	133 628 000	98 088 000
Total Retained Equity	60 442 000	28 284 000	10 515 000	8 896 000
Total Equity	262 500 000	190 354 000	23 031 000	21 431 000
Total Long-Term Debt	931 685 000	576 779 000	77 785 000	55 108 000
Total Current Debt	61 795 000	44 809 000	32 812 000	21 549 000
Total Equity and Debt	1 255 980 000	811 942 000	133 628 000	98 088 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	324 511 000	246 866 000	142 035 000	106 309 000
Other Income	4 335 000	342 000	886 000	1 424 000
Revenue	328 846 000	247 208 000	142 921 000	107 734 000
Cost of Goods Sold	0	0	15 580 000	17 961 000
Salary Costs	163 067 000	118 144 000	80 736 000	58 671 000
Depreciation	41 888 000	35 015 000	10 218 000	9 491 000
Impairment	0	0	0	0
Expenditure	265 613 000	199 237 000	137 303 000	109 343 000
Operating Profit	63 233 000	47 971 000	5 617 000	−1 609 000
Financial Income	3 363 000	2 179 000	264 000	537 000
Financial Costs	24 794 000	15 635 000	3 150 000	3 131 000
Financial Balance	−21 431 000	−13 456 000	−2 886 000	−2 594 000
Dividends	0	0	0	0
Net Income	32 454 000	26 651 000	1 719 000	−2 151 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	329 000	1 092 000	1 965 000	2 383 000
Total Intangible Assets	329 000	1 092 000	1 965 000	2 383 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	862 656 000	676 710 000	92 688 000	65 478 000
Total Fiancial Fixed Assets	262 766 000	66 146 000	3 976 000	1 162 000
Total Fixed Assets	1 125 751 000	743 948 000	98 630 000	69 023 000
Stock	8 593 000	2 932 000	0	0
Total Investments	0	0	0	0
Cash, Bank	64 098 000	25 895 000	10 183 000	3 523 000
Total Current Assets	130 228 000	67 994 000	34 998 000	29 066 000
Total Assets	1 255 980 000	811 942 000	133 628 000	98 088 000
Total Equity	262 500 000	190 354 000	23 031 000	21 431 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	931 685 000	576 779 000	77 785 000	55 108 000
Creditors	17 251 000	10 860 000	6 493 000	7 554 000
Unpaid Taxes	22 149 000	15 131 000	9 631 000	7 095 000
Dividends	0	0	0	0
Other Current Debt	20 793 000	11 530 000	5 670 000	2 718 000
Total Current Debt	61 795 000	44 809 000	32 812 000	21 549 000
Total Equity and Debt	1 255 980 000	811 942 000	133 628 000	98 088 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,36 %	14 %	7,46 %	−10,04 %
Debt-to-Equity Ratio	3,55	3,03	3,38	2,57
Operating Profit Margin	19,23 %	19,41 %	3,93 %	−1,49 %
Current Ratio	2,11	1,52	1,07	1,35
Quick Ratio	2,45	1,62	1,07	1,35
Equity Ratio	0,21	0,23	0,17	0,22
Gross Profit Margin	100 %	100 %	89,1 %	83,33 %