FORENEDE INDUSTRIER HOLDING AS

0150 OSLO

Finances

Return on Equity

21,15 %

Current Ratio

1,98

Debt-to-Equity Ratio

5,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	41 452 000	16 061 000	20 660 000	426 000
Net Income	19 179 000	864 000	12 100 000	−9 153 000
Total Assets	638 123 000	520 567 000	474 888 000	292 719 000
Total Equity	90 678 000	95 499 000	121 635 000	109 535 000

Income (NOK)	2022	2021	2020	2019
Revenue	41 452 000	16 061 000	20 660 000	426 000
Expenditure	1 584 000	1 425 000	1 921 000	2 107 000
Operating Profit	39 867 000	14 636 000	18 740 000	−1 681 000
Financial Income	9 188 000	2 819 000	4 643 000	12 000
Financial Costs	24 466 000	16 347 000	13 592 000	8 797 000
Financial Balance	−15 278 000	−13 528 000	−8 949 000	−8 785 000
Earnings Before Tax	24 589 000	1 108 000	9 792 000	−10 466 000
Tax	5 410 000	245 000	−2 308 000	−1 313 000
Net Income	19 179 000	864 000	12 100 000	−9 153 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	570 826 000	501 037 000	448 281 000	291 782 000
Total Current Assets	67 296 000	19 530 000	26 607 000	937 000
Total Assets	638 123 000	520 567 000	474 888 000	292 719 000
Total Retained Equity	15 179 000	0	2 947 000	−9 153 000
Total Equity	90 678 000	95 499 000	121 635 000	109 535 000
Total Long-Term Debt	513 400 000	406 200 000	353 200 000	182 900 000
Total Current Debt	34 045 000	18 869 000	53 000	284 000
Total Equity and Debt	638 123 000	520 567 000	474 888 000	292 719 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	41 403 000	15 962 000	0	0
Other Income	49 000	99 000	20 660 000	426 000
Revenue	41 452 000	16 061 000	20 660 000	426 000
Cost of Goods Sold	0	0	0	0
Salary Costs	736 000	736 000	616 000	140 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 584 000	1 425 000	1 921 000	2 107 000
Operating Profit	39 867 000	14 636 000	18 740 000	−1 681 000
Financial Income	9 188 000	2 819 000	4 643 000	12 000
Financial Costs	24 466 000	16 347 000	13 592 000	8 797 000
Financial Balance	−15 278 000	−13 528 000	−8 949 000	−8 785 000
Dividends	24 000 000	27 000 000	0	0
Net Income	19 179 000	864 000	12 100 000	−9 153 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 063 000	9 473 000	9 718 000	7 409 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	566 763 000	491 563 000	438 563 000	284 373 000
Total Fixed Assets	570 826 000	501 037 000	448 281 000	291 782 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 393 000	1 036 000	1 968 000	711 000
Total Current Assets	67 296 000	19 530 000	26 607 000	937 000
Total Assets	638 123 000	520 567 000	474 888 000	292 719 000
Total Equity	90 678 000	95 499 000	121 635 000	109 535 000
Short-Term Group Debt	30 000 000	11 800 000	0	0
Total Long-Term Debt	513 400 000	406 200 000	353 200 000	182 900 000
Creditors	45 000	69 000	53 000	281 000
Unpaid Taxes	0	0	0	0
Dividends	24 000 000	27 000 000	0	0
Other Current Debt	0	0	0	3 000
Total Current Debt	34 045 000	18 869 000	53 000	284 000
Total Equity and Debt	638 123 000	520 567 000	474 888 000	292 719 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,15 %	0,9 %	9,95 %	−8,36 %
Debt-to-Equity Ratio	5,66	4,25	2,9	1,67
Operating Profit Margin	96,18 %	91,13 %	90,71 %	−394,6 %
Current Ratio	1,98	1,04	502,02	3,3
Quick Ratio	1,98	1,04	502,02	3,3
Equity Ratio	0,14	0,18	0,26	0,37
Gross Profit Margin	100 %	100 %	100 %	100 %