FELGTEKNIKK NORGE AS

1640 RÅDE

Finances

Share Ownership

Return on Equity

53,78 %

Current Ratio

0,86

Debt-to-Equity Ratio

−2,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 996 000	13 107 000	10 322 000	12 910 000
Net Income	−3 025 000	−2 600 000	−1 118 000	−400 000
Total Assets	9 357 000	9 548 000	6 322 000	3 298 000
Total Equity	−5 625 000	−2 600 000	0	−981 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 996 000	13 107 000	10 322 000	12 910 000
Expenditure	16 809 000	16 321 000	11 758 000	13 226 000
Operating Profit	−3 812 000	−3 213 000	−1 437 000	−316 000
Financial Income	6 000	16 000	13 000	10 000
Financial Costs	67 000	132 000	70 000	94 000
Financial Balance	−61 000	−116 000	−57 000	−84 000
Earnings Before Tax	−3 873 000	−3 329 000	−1 493 000	−400 000
Tax	−848 000	−729 000	−375 000	0
Net Income	−3 025 000	−2 600 000	−1 118 000	−400 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 980 000	6 475 000	4 702 000	1 648 000
Total Current Assets	2 377 000	3 074 000	1 620 000	1 650 000
Total Assets	9 357 000	9 548 000	6 322 000	3 298 000
Total Retained Equity	−7 754 000	−4 730 000	−2 129 000	−1 011 000
Total Equity	−5 625 000	−2 600 000	0	−981 000
Total Long-Term Debt	12 233 000	8 693 000	2 646 000	2 167 000
Total Current Debt	2 749 000	3 455 000	3 677 000	2 112 000
Total Equity and Debt	9 357 000	9 548 000	6 322 000	3 298 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 937 000	13 072 000	10 233 000	12 959 000
Other Income	59 000	35 000	89 000	−48 000
Revenue	12 996 000	13 107 000	10 322 000	12 910 000
Cost of Goods Sold	1 978 000	3 660 000	3 608 000	4 730 000
Salary Costs	7 182 000	6 700 000	4 401 000	4 560 000
Depreciation	966 000	885 000	501 000	523 000
Impairment	0	0	0	0
Expenditure	16 809 000	16 321 000	11 758 000	13 226 000
Operating Profit	−3 812 000	−3 213 000	−1 437 000	−316 000
Financial Income	6 000	16 000	13 000	10 000
Financial Costs	67 000	132 000	70 000	94 000
Financial Balance	−61 000	−116 000	−57 000	−84 000
Dividends	0	0	0	0
Net Income	−3 025 000	−2 600 000	−1 118 000	−400 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	37 000	0	0	0
Total Intangible Assets	1 989 000	1 104 000	375 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 991 000	5 366 000	4 327 000	1 648 000
Total Tangible Assets	4 991 000	5 366 000	4 327 000	1 648 000
Total Fiancial Fixed Assets	0	5 000	0	0
Total Fixed Assets	6 980 000	6 475 000	4 702 000	1 648 000
Stock	818 000	941 000	675 000	726 000
Total Investments	0	0	0	0
Cash, Bank	685 000	818 000	96 000	522 000
Total Current Assets	2 377 000	3 074 000	1 620 000	1 650 000
Total Assets	9 357 000	9 548 000	6 322 000	3 298 000
Total Equity	−5 625 000	−2 600 000	0	−981 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 233 000	8 693 000	2 646 000	2 167 000
Creditors	960 000	1 382 000	1 405 000	313 000
Unpaid Taxes	691 000	612 000	305 000	531 000
Dividends	0	0	0	0
Other Current Debt	1 097 000	1 462 000	1 327 000	1 268 000
Total Current Debt	2 749 000	3 455 000	3 677 000	2 112 000
Total Equity and Debt	9 357 000	9 548 000	6 322 000	3 298 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,78 %	100 %	-	40,77 %
Debt-to-Equity Ratio	−2,17	−3,34	-	−2,21
Operating Profit Margin	−29,33 %	−24,51 %	−13,92 %	−2,45 %
Current Ratio	0,86	0,89	0,44	0,78
Quick Ratio	1,23	1,22	0,54	1,19
Equity Ratio	−0,6	−0,27	0	−0,3
Gross Profit Margin	84,78 %	72,08 %	65,05 %	63,36 %