FJORD MARINE AS

1363 HØVIK

Finances

Share Ownership

Return on Equity

257,14 %

Current Ratio

0,71

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	2 632 000	3 689 000	2 089 000
Net Income	−126 000	82 000	−106 000
Total Assets	342 000	224 000	1 214 000
Total Equity	−49 000	76 000	−6 000

Income (NOK)	2022	2021	2020
Revenue	2 632 000	3 689 000	2 089 000
Expenditure	1 753 000	3 585 000	2 212 000
Operating Profit	−159 000	105 000	−123 000
Financial Income	0	2 000	0
Financial Costs	0	2 000	12 000
Financial Balance	0	0	−12 000
Earnings Before Tax	−159 000	105 000	−135 000
Tax	−34 000	23 000	−30 000
Net Income	−126 000	82 000	−106 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	63 000	7 000	30 000
Total Current Assets	279 000	217 000	1 184 000
Total Assets	342 000	224 000	1 214 000
Total Retained Equity	−149 000	−24 000	−106 000
Total Equity	−49 000	76 000	−6 000
Total Long-Term Debt	0	0	0
Total Current Debt	391 000	148 000	1 219 000
Total Equity and Debt	342 000	224 000	1 214 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 632 000	3 689 000	2 089 000
Other Income	0	0	0
Revenue	2 632 000	3 689 000	2 089 000
Cost of Goods Sold	1 014 000	3 162 000	1 763 000
Salary Costs	393 000	181 000	264 000
Depreciation	6 000	0	0
Impairment	0	0	0
Expenditure	1 753 000	3 585 000	2 212 000
Operating Profit	−159 000	105 000	−123 000
Financial Income	0	2 000	0
Financial Costs	0	2 000	12 000
Financial Balance	0	0	−12 000
Dividends	0	0	0
Net Income	−126 000	82 000	−106 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	40 000	7 000	30 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	23 000	0	0
Total Tangible Assets	23 000	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	63 000	7 000	30 000
Stock	56 000	57 000	745 000
Total Investments	0	0	0
Cash, Bank	120 000	52 000	439 000
Total Current Assets	279 000	217 000	1 184 000
Total Assets	342 000	224 000	1 214 000
Total Equity	−49 000	76 000	−6 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	0	10 000	795 000
Unpaid Taxes	−5 000	4 000	−199 000
Dividends	0	0	0
Other Current Debt	0	133 000	623 000
Total Current Debt	391 000	148 000	1 219 000
Total Equity and Debt	342 000	224 000	1 214 000

Financial indicators	2022	2021	2020
Return on Equity	257,14 %	107,89 %	1 766,67 %
Debt-to-Equity Ratio	−0	0	−0
Operating Profit Margin	−6,04 %	2,85 %	−5,89 %
Current Ratio	0,71	1,47	0,97
Quick Ratio	0,83	2,38	2,5
Equity Ratio	−0,14	0,34	−0
Gross Profit Margin	61,47 %	14,29 %	15,61 %