FJORD QUALITY AS

4041 HAFRSFJORD

Finances

Return on Equity

10,77 %

Current Ratio

8,41

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 711 000	3 773 000	640 000	536 000
Net Income	1 989 000	2 168 000	−494 000	920 000
Total Assets	21 401 000	22 582 000	23 290 000	17 214 000
Total Equity	18 465 000	16 776 000	14 608 000	15 102 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 711 000	3 773 000	640 000	536 000
Expenditure	1 982 000	1 780 000	1 540 000	1 154 000
Operating Profit	1 729 000	1 994 000	−900 000	−618 000
Financial Income	766 000	846 000	1 158 000	1 634 000
Financial Costs	115 000	256 000	928 000	211 000
Financial Balance	651 000	590 000	230 000	1 423 000
Earnings Before Tax	2 380 000	2 584 000	−669 000	805 000
Tax	391 000	415 000	−175 000	−115 000
Net Income	1 989 000	2 168 000	−494 000	920 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 886 000	13 200 000	13 415 000	6 840 000
Total Current Assets	5 516 000	9 382 000	9 875 000	10 374 000
Total Assets	21 401 000	22 582 000	23 290 000	17 214 000
Total Retained Equity	18 265 000	16 576 000	14 408 000	14 902 000
Total Equity	18 465 000	16 776 000	14 608 000	15 102 000
Total Long-Term Debt	2 280 000	2 878 000	7 125 000	1 594 000
Total Current Debt	656 000	2 928 000	1 557 000	519 000
Total Equity and Debt	21 401 000	22 582 000	23 290 000	17 214 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	932 000	2 981 000	199 000	238 000
Other Income	2 779 000	792 000	441 000	298 000
Revenue	3 711 000	3 773 000	640 000	536 000
Cost of Goods Sold	118 000	0	0	12 000
Salary Costs	1 184 000	1 338 000	336 000	472 000
Depreciation	17 000	22 000	0	191 000
Impairment	0	0	0	0
Expenditure	1 982 000	1 780 000	1 540 000	1 154 000
Operating Profit	1 729 000	1 994 000	−900 000	−618 000
Financial Income	766 000	846 000	1 158 000	1 634 000
Financial Costs	115 000	256 000	928 000	211 000
Financial Balance	651 000	590 000	230 000	1 423 000
Dividends	0	0	0	0
Net Income	1 989 000	2 168 000	−494 000	920 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	10 000	425 000	250 000
Real Eastate	9 586 000	11 142 000	11 077 000	3 877 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	286 000	303 000	168 000	168 000
Total Tangible Assets	9 872 000	11 445 000	11 245 000	4 045 000
Total Fiancial Fixed Assets	6 013 000	1 745 000	1 745 000	2 545 000
Total Fixed Assets	15 886 000	13 200 000	13 415 000	6 840 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 719 000	3 723 000	4 438 000	4 477 000
Total Current Assets	5 516 000	9 382 000	9 875 000	10 374 000
Total Assets	21 401 000	22 582 000	23 290 000	17 214 000
Total Equity	18 465 000	16 776 000	14 608 000	15 102 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 280 000	2 878 000	7 125 000	1 594 000
Creditors	34 000	96 000	14 000	26 000
Unpaid Taxes	108 000	738 000	97 000	71 000
Dividends	0	0	0	0
Other Current Debt	401 000	2 093 000	1 446 000	422 000
Total Current Debt	656 000	2 928 000	1 557 000	519 000
Total Equity and Debt	21 401 000	22 582 000	23 290 000	17 214 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,77 %	12,92 %	−3,38 %	6,09 %
Debt-to-Equity Ratio	0,12	0,17	0,49	0,11
Operating Profit Margin	46,59 %	52,85 %	−140,63 %	−115,3 %
Current Ratio	8,41	3,2	6,34	19,99
Quick Ratio	8,41	3,2	6,34	19,99
Equity Ratio	0,86	0,74	0,63	0,88
Gross Profit Margin	96,82 %	100 %	100 %	97,76 %