FINN ENERGY AS

1392 VETTRE

Finances

Return on Equity

−0,2 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	0	0	0	36 000
Net Income	−3 000	−9 000	−73 000	2 000
Total Assets	1 539 000	1 539 000	1 546 000	170 000
Total Equity	1 528 000	1 531 000	1 540 000	183 000

Income (NOK)	2021	2020	2019	2018
Revenue	0	0	0	36 000
Expenditure	3 000	9 000	73 000	33 000
Operating Profit	−3 000	−9 000	−73 000	4 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	−3 000	−9 000	−73 000	3 000
Tax	0	0	0	1 000
Net Income	−3 000	−9 000	−73 000	2 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	1 000 000	1 300 000	1 000 000	0
Total Current Assets	539 000	239 000	546 000	170 000
Total Assets	1 539 000	1 539 000	1 546 000	170 000
Total Retained Equity	68 000	71 000	80 000	153 000
Total Equity	1 528 000	1 531 000	1 540 000	183 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 000	8 000	6 000	−13 000
Total Equity and Debt	1 539 000	1 539 000	1 546 000	170 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	0	36 000
Other Income	0	0	0	0
Revenue	0	0	0	36 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 000	9 000	73 000	33 000
Operating Profit	−3 000	−9 000	−73 000	4 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Dividends	0	0	0	0
Net Income	−3 000	−9 000	−73 000	2 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	1 000 000	1 300 000	1 000 000	0
Total Fixed Assets	1 000 000	1 300 000	1 000 000	0
Stock	0	0	0	0
Total Investments	300 000	0	0	0
Cash, Bank	89 000	239 000	545 000	160 000
Total Current Assets	539 000	239 000	546 000	170 000
Total Assets	1 539 000	1 539 000	1 546 000	170 000
Total Equity	1 528 000	1 531 000	1 540 000	183 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 000	8 000	6 000	21 000
Unpaid Taxes	2 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	−35 000
Total Current Debt	11 000	8 000	6 000	−13 000
Total Equity and Debt	1 539 000	1 539 000	1 546 000	170 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−0,2 %	−0,59 %	−4,74 %	1,09 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	11,11 %
Current Ratio	49	29,88	91	−13,08
Quick Ratio	49	29,88	91	−13,08
Equity Ratio	0,99	0,99	1	1,08
Gross Profit Margin	-	-	-	100 %