FINITECH AS

0676 OSLO

Finances

Share Ownership

Return on Equity

0 %

Current Ratio

N/A

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 000	66 000	1 000	0
Net Income	0	55 000	−41 000	−10 000
Total Assets	41 000	37 000	1 000	21 000
Total Equity	34 000	34 000	−21 000	20 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 000	66 000	1 000	0
Expenditure	8 000	10 000	42 000	10 000
Operating Profit	0	56 000	−41 000	−10 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	0	56 000	−41 000	−10 000
Tax	0	1 000	0	0
Net Income	0	55 000	−41 000	−10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 000	35 000	0	0
Total Current Assets	9 000	3 000	1 000	21 000
Total Assets	41 000	37 000	1 000	21 000
Total Retained Equity	4 000	4 000	−51 000	−10 000
Total Equity	34 000	34 000	−21 000	20 000
Total Long-Term Debt	7 000	1 000	21 000	0
Total Current Debt	0	2 000	1 000	1 000
Total Equity and Debt	41 000	37 000	1 000	21 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 000	60 000	1 000	0
Other Income	0	6 000	0	0
Revenue	9 000	66 000	1 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	5 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	8 000	10 000	42 000	10 000
Operating Profit	0	56 000	−41 000	−10 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	0	55 000	−41 000	−10 000

Balance details (NOK)	2022	2021	2020	2019
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	32 000	35 000	0	0
Total Fixed Assets	32 000	35 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	−1 000	0	1 000	21 000
Total Current Assets	9 000	3 000	1 000	21 000
Total Assets	41 000	37 000	1 000	21 000
Total Equity	34 000	34 000	−21 000	20 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 000	1 000	21 000	0
Creditors	0	0	1 000	0
Unpaid Taxes	0	0	0	1 000
Dividends	0	0	0	0
Other Current Debt	0	1 000	0	0
Total Current Debt	0	2 000	1 000	1 000
Total Equity and Debt	41 000	37 000	1 000	21 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0 %	161,76 %	195,24 %	−50 %
Debt-to-Equity Ratio	0,21	0,03	−1	0
Operating Profit Margin	0 %	84,85 %	−4 100 %	-
Current Ratio	-	1,5	1	21
Quick Ratio	-	1,5	1	21
Equity Ratio	0,83	0,92	−21	0,95
Gross Profit Margin	100 %	100 %	100 %	-