FJORDSAILING AS

5053 BERGEN

Finances

Return on Equity

317,98 %

Current Ratio

1,42

Debt-to-Equity Ratio

8,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 993 000	374 000	136 000	37 000
Net Income	283 000	227 000	−49 000	−170 000
Total Assets	2 563 000	751 000	459 000	475 000
Total Equity	89 000	−72 000	−848 000	−798 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 993 000	374 000	136 000	37 000
Expenditure	1 686 000	126 000	204 000	207 000
Operating Profit	308 000	248 000	−67 000	−170 000
Financial Income	10 000	1 000	18 000	0
Financial Costs	0	22 000	0	0
Financial Balance	10 000	−21 000	18 000	0
Earnings Before Tax	318 000	227 000	−49 000	−170 000
Tax	35 000	0	0	0
Net Income	283 000	227 000	−49 000	−170 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	77 000	117 000	179 000	336 000
Total Current Assets	2 486 000	634 000	281 000	140 000
Total Assets	2 563 000	751 000	459 000	475 000
Total Retained Equity	−601 000	−761 000	−1 537 000	−1 488 000
Total Equity	89 000	−72 000	−848 000	−798 000
Total Long-Term Debt	722 000	722 000	1 271 000	1 271 000
Total Current Debt	1 752 000	101 000	36 000	3 000
Total Equity and Debt	2 563 000	751 000	459 000	475 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 993 000	374 000	136 000	37 000
Other Income	0	0	0	0
Revenue	1 993 000	374 000	136 000	37 000
Cost of Goods Sold	1 463 000	44 000	0	0
Salary Costs	0	0	0	0
Depreciation	40 000	40 000	157 000	157 000
Impairment	0	0	0	0
Expenditure	1 686 000	126 000	204 000	207 000
Operating Profit	308 000	248 000	−67 000	−170 000
Financial Income	10 000	1 000	18 000	0
Financial Costs	0	22 000	0	0
Financial Balance	10 000	−21 000	18 000	0
Dividends	0	0	0	0
Net Income	283 000	227 000	−49 000	−170 000

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	77 000	117 000	157 000	313 000
Total Tangible Assets	77 000	117 000	157 000	313 000
Total Fiancial Fixed Assets	0	0	22 000	22 000
Total Fixed Assets	77 000	117 000	179 000	336 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 450 000	606 000	271 000	140 000
Total Current Assets	2 486 000	634 000	281 000	140 000
Total Assets	2 563 000	751 000	459 000	475 000
Total Equity	89 000	−72 000	−848 000	−798 000
Short-Term Group Debt	157 000	0	0	0
Total Long-Term Debt	722 000	722 000	1 271 000	1 271 000
Creditors	32 000	1 000	17 000	0
Unpaid Taxes	2 000	0	17 000	0
Dividends	0	0	0	0
Other Current Debt	1 561 000	100 000	3 000	3 000
Total Current Debt	1 752 000	101 000	36 000	3 000
Total Equity and Debt	2 563 000	751 000	459 000	475 000

Financial indicators	2022	2021	2020	2019
Return on Equity	317,98 %	−315,28 %	5,78 %	21,3 %
Debt-to-Equity Ratio	8,11	−10,03	−1,5	−1,59
Operating Profit Margin	15,45 %	66,31 %	−49,26 %	−459,46 %
Current Ratio	1,42	6,28	7,81	46,67
Quick Ratio	1,42	6,28	7,81	46,67
Equity Ratio	0,03	−0,1	−1,85	−1,68
Gross Profit Margin	26,59 %	88,24 %	100 %	100 %