FINSTAD RENHOLD AS

1475 FINSTADJORDET

Finances

Share Ownership

Return on Equity

13,96 %

Current Ratio

0,48

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 836 000	3 646 000	3 140 000	3 291 000
Net Income	−43 000	53 000	29 000	−175 000
Total Assets	894 000	713 000	439 000	886 000
Total Equity	−308 000	−265 000	−318 000	−347 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 836 000	3 646 000	3 140 000	3 291 000
Expenditure	4 878 000	3 593 000	3 096 000	3 442 000
Operating Profit	−42 000	53 000	45 000	−150 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	15 000	25 000
Financial Balance	−2 000	−1 000	−15 000	−25 000
Earnings Before Tax	−43 000	53 000	29 000	−175 000
Tax	0	0	0	0
Net Income	−43 000	53 000	29 000	−175 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	311 000	82 000	17 000	417 000
Total Current Assets	582 000	631 000	422 000	469 000
Total Assets	894 000	713 000	439 000	886 000
Total Retained Equity	−338 000	−295 000	−348 000	−377 000
Total Equity	−308 000	−265 000	−318 000	−347 000
Total Long-Term Debt	0	0	0	380 000
Total Current Debt	1 202 000	978 000	756 000	854 000
Total Equity and Debt	894 000	713 000	439 000	886 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 836 000	3 645 000	3 040 000	3 291 000
Other Income	0	0	100 000	0
Revenue	4 836 000	3 646 000	3 140 000	3 291 000
Cost of Goods Sold	498 000	360 000	298 000	340 000
Salary Costs	3 818 000	2 789 000	2 363 000	2 717 000
Depreciation	15 000	10 000	97 000	83 000
Impairment	0	0	0	0
Expenditure	4 878 000	3 593 000	3 096 000	3 442 000
Operating Profit	−42 000	53 000	45 000	−150 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	15 000	25 000
Financial Balance	−2 000	−1 000	−15 000	−25 000
Dividends	0	0	0	0
Net Income	−43 000	53 000	29 000	−175 000

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	35 000
Fixtures	35 000	7 000	17 000	382 000
Total Tangible Assets	35 000	7 000	17 000	417 000
Total Fiancial Fixed Assets	276 000	76 000	0	0
Total Fixed Assets	311 000	82 000	17 000	417 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 000	156 000	156 000	107 000
Total Current Assets	582 000	631 000	422 000	469 000
Total Assets	894 000	713 000	439 000	886 000
Total Equity	−308 000	−265 000	−318 000	−347 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	380 000
Creditors	144 000	86 000	78 000	157 000
Unpaid Taxes	419 000	352 000	228 000	219 000
Dividends	0	0	0	0
Other Current Debt	638 000	540 000	450 000	477 000
Total Current Debt	1 202 000	978 000	756 000	854 000
Total Equity and Debt	894 000	713 000	439 000	886 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,96 %	−20 %	−9,12 %	50,43 %
Debt-to-Equity Ratio	−0	−0	−0	−1,1
Operating Profit Margin	−0,87 %	1,45 %	1,43 %	−4,56 %
Current Ratio	0,48	0,65	0,56	0,55
Quick Ratio	0,48	0,65	0,56	0,55
Equity Ratio	−0,34	−0,37	−0,72	−0,39
Gross Profit Margin	89,7 %	90,13 %	90,51 %	89,67 %