FINIO AS

6957 HYLLESTAD

Finances

Return on Equity

35,24 %

Current Ratio

1,22

Debt-to-Equity Ratio

0,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 339 000	9 262 000	11 220 000	8 676 000
Net Income	1 521 000	1 323 000	754 000	373 000
Total Assets	11 531 000	8 964 000	6 293 000	6 214 000
Total Equity	4 316 000	3 068 000	2 745 000	2 591 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 339 000	9 262 000	11 220 000	8 676 000
Expenditure	9 188 000	7 477 000	10 184 000	8 130 000
Operating Profit	2 152 000	1 786 000	1 035 000	547 000
Financial Income	0	0	2 000	1 000
Financial Costs	200 000	89 000	71 000	69 000
Financial Balance	−200 000	−89 000	−69 000	−68 000
Earnings Before Tax	1 952 000	1 697 000	966 000	478 000
Tax	432 000	374 000	212 000	105 000
Net Income	1 521 000	1 323 000	754 000	373 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 662 000	4 249 000	1 971 000	1 959 000
Total Current Assets	4 869 000	4 715 000	4 322 000	4 255 000
Total Assets	11 531 000	8 964 000	6 293 000	6 214 000
Total Retained Equity	4 286 000	3 038 000	2 715 000	2 561 000
Total Equity	4 316 000	3 068 000	2 745 000	2 591 000
Total Long-Term Debt	3 211 000	3 511 000	1 665 000	1 242 000
Total Current Debt	4 004 000	2 385 000	1 882 000	2 381 000
Total Equity and Debt	11 531 000	8 964 000	6 293 000	6 214 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 339 000	9 251 000	11 307 000	8 324 000
Other Income	0	11 000	−87 000	352 000
Revenue	11 339 000	9 262 000	11 220 000	8 676 000
Cost of Goods Sold	3 467 000	2 697 000	4 451 000	3 177 000
Salary Costs	3 085 000	2 790 000	2 082 000	2 404 000
Depreciation	925 000	637 000	400 000	277 000
Impairment	0	0	0	0
Expenditure	9 188 000	7 477 000	10 184 000	8 130 000
Operating Profit	2 152 000	1 786 000	1 035 000	547 000
Financial Income	0	0	2 000	1 000
Financial Costs	200 000	89 000	71 000	69 000
Financial Balance	−200 000	−89 000	−69 000	−68 000
Dividends	0	0	600 000	0
Net Income	1 521 000	1 323 000	754 000	373 000

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	4 298 000	1 524 000	1 654 000	1 594 000
Fixtures	77 000	168 000	262 000	310 000
Total Tangible Assets	6 607 000	4 194 000	1 916 000	1 904 000
Total Fiancial Fixed Assets	55 000	55 000	55 000	55 000
Total Fixed Assets	6 662 000	4 249 000	1 971 000	1 959 000
Stock	465 000	300 000	190 000	185 000
Total Investments	0	0	0	0
Cash, Bank	2 021 000	1 979 000	3 307 000	1 622 000
Total Current Assets	4 869 000	4 715 000	4 322 000	4 255 000
Total Assets	11 531 000	8 964 000	6 293 000	6 214 000
Total Equity	4 316 000	3 068 000	2 745 000	2 591 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 211 000	3 511 000	1 665 000	1 242 000
Creditors	2 974 000	285 000	996 000	0
Unpaid Taxes	169 000	833 000	346 000	225 000
Dividends	0	0	600 000	0
Other Current Debt	508 000	916 000	333 000	2 079 000
Total Current Debt	4 004 000	2 385 000	1 882 000	2 381 000
Total Equity and Debt	11 531 000	8 964 000	6 293 000	6 214 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,24 %	43,12 %	27,47 %	14,4 %
Debt-to-Equity Ratio	0,74	1,14	0,61	0,48
Operating Profit Margin	18,98 %	19,28 %	9,22 %	6,3 %
Current Ratio	1,22	1,98	2,3	1,79
Quick Ratio	1,38	2,26	2,55	1,94
Equity Ratio	0,37	0,34	0,44	0,42
Gross Profit Margin	69,42 %	70,88 %	60,33 %	63,38 %