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Company/VAT no/Free text Country/City/Municipality

TURNOVER (x1000 NOK)

NET PROFIT (x1000 NOK)

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Festo AS

Closing information (x1000 NOK)

Closing information 2023/12 2022/12 2021/12
Turnover 135,139 Less Arrow 122,308 Less Arrow 114,568
Financial expenses 1,637 Less Arrow 1,594 Less Arrow 1,019
Earnings before taxes 4,273 More Arrow 5,189 More Arrow 16,262
Total assets 28,598 More Arrow 31,677 More Arrow 41,430
Current assets 28,522 More Arrow 31,587 More Arrow 41,355
Current liabilities 19,398 More Arrow 22,798 More Arrow 33,592
Equity capital 9,200 Less Arrow 8,879 Less Arrow 7,838
- share capital 500 Equal arrow 500 Equal arrow 500

Financial ratios

Fiscal year 2023/12 2022/12 2021/12
Solvency 32.2% Less Arrow 28.0% Less Arrow 18.9%
Turnover per employee
Profit as a percentage of turnover 3.2% More Arrow 4.2% More Arrow 14.2%
Return on assets (ROA) 20.7% More Arrow 21.4% More Arrow 41.7%
Current ratio 147.0% Less Arrow 138.6% Less Arrow 123.1%
Return on equity (ROE) 46.4% More Arrow 58.4% More Arrow 207.5%
Change turnover 12,831 Less Arrow 7,740 Less Arrow 1,589
Change turnover % 10% Less Arrow 7% Less Arrow 1%
Chg. No. of employees
Chg. No. of employees %

Total value of public sale

Fiscal year 2023/12 2022/12 2021/12
Total value of public sale 0 Equal arrow 0 Equal arrow 0

Closing figures are converted to the currency above at the exchange rate of the closing date. Source for the exchange rates: Sveriges Riksbank

The closing information is gathered directly from the companies or from Creditsafe.