FORNOST AS

0475 OSLO

Finances

Return on Equity

24,09 %

Current Ratio

3,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 043 000	3 322 000	3 360 000	3 112 000
Net Income	1 040 000	1 254 000	1 491 000	812 000
Total Assets	5 083 000	4 294 000	5 278 000	3 166 000
Total Equity	4 318 000	3 727 000	3 944 000	2 752 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 043 000	3 322 000	3 360 000	3 112 000
Expenditure	2 597 000	1 909 000	1 424 000	2 087 000
Operating Profit	−553 000	1 413 000	1 936 000	1 026 000
Financial Income	2 149 000	198 000	5 000	6 000
Financial Costs	116 000	4 000	5 000	1 000
Financial Balance	2 033 000	194 000	0	5 000
Earnings Before Tax	1 480 000	1 607 000	1 936 000	1 031 000
Tax	440 000	354 000	445 000	219 000
Net Income	1 040 000	1 254 000	1 491 000	812 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 244 000	2 223 000	2 115 000	1 905 000
Total Current Assets	2 839 000	2 071 000	3 164 000	1 261 000
Total Assets	5 083 000	4 294 000	5 278 000	3 166 000
Total Retained Equity	4 108 000	3 517 000	3 734 000	2 542 000
Total Equity	4 318 000	3 727 000	3 944 000	2 752 000
Total Long-Term Debt	11 000	19 000	0	0
Total Current Debt	755 000	548 000	1 335 000	414 000
Total Equity and Debt	5 083 000	4 294 000	5 278 000	3 166 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 043 000	3 322 000	3 360 000	3 112 000
Other Income	0	0	0	0
Revenue	2 043 000	3 322 000	3 360 000	3 112 000
Cost of Goods Sold	0	0	0	0
Salary Costs	981 000	925 000	754 000	1 290 000
Depreciation	160 000	170 000	163 000	7 000
Impairment	0	0	0	0
Expenditure	2 597 000	1 909 000	1 424 000	2 087 000
Operating Profit	−553 000	1 413 000	1 936 000	1 026 000
Financial Income	2 149 000	198 000	5 000	6 000
Financial Costs	116 000	4 000	5 000	1 000
Financial Balance	2 033 000	194 000	0	5 000
Dividends	0	0	0	0
Net Income	1 040 000	1 254 000	1 491 000	812 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 674 000	1 784 000	1 852 000	1 670 000
Machinery and Plant Facilities	41 000	0	0	0
Fixtures	72 000	27 000	48 000	20 000
Total Tangible Assets	1 787 000	1 811 000	1 900 000	1 690 000
Total Fiancial Fixed Assets	457 000	412 000	215 000	215 000
Total Fixed Assets	2 244 000	2 223 000	2 115 000	1 905 000
Stock	0	20 000	20 000	0
Total Investments	229 000	125 000	0	0
Cash, Bank	1 662 000	1 622 000	1 099 000	670 000
Total Current Assets	2 839 000	2 071 000	3 164 000	1 261 000
Total Assets	5 083 000	4 294 000	5 278 000	3 166 000
Total Equity	4 318 000	3 727 000	3 944 000	2 752 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 000	19 000	0	0
Creditors	52 000	11 000	11 000	3 000
Unpaid Taxes	156 000	111 000	656 000	73 000
Dividends	0	0	0	0
Other Current Debt	99 000	91 000	224 000	119 000
Total Current Debt	755 000	548 000	1 335 000	414 000
Total Equity and Debt	5 083 000	4 294 000	5 278 000	3 166 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,09 %	33,65 %	37,8 %	29,51 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	−27,07 %	42,53 %	57,62 %	32,97 %
Current Ratio	3,76	3,78	2,37	3,05
Quick Ratio	3,76	3,92	2,41	3,05
Equity Ratio	0,85	0,87	0,75	0,87
Gross Profit Margin	100 %	100 %	100 %	100 %