FINN CLAUSEN SIKKERHETSSYSTEM AS

0160 OSLO

Finances

Share Ownership

Return on Equity

−24,71 %

Current Ratio

2,11

Debt-to-Equity Ratio

Key figures (NOK)	2023	2022	2021	2020
Revenue	2 307 000	2 290 000	1 815 000	1 232 000
Net Income	−149 000	−51 000	−18 000	190 000
Total Assets	1 046 000	1 239 000	1 224 000	1 167 000
Total Equity	603 000	753 000	804 000	822 000

Income (NOK)	2023	2022	2021	2020
Revenue	2 307 000	2 290 000	1 815 000	1 232 000
Expenditure	2 435 000	2 345 000	1 825 000	990 000
Operating Profit	−128 000	−55 000	−9 000	242 000
Financial Income	7 000	1 000	0	8 000
Financial Costs	9 000	11 000	14 000	8 000
Financial Balance	−2 000	−10 000	−14 000	0
Earnings Before Tax	−130 000	−66 000	−23 000	243 000
Tax	19 000	−14 000	−5 000	53 000
Net Income	−149 000	−51 000	−18 000	190 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	112 000	182 000	217 000	0
Total Current Assets	933 000	1 057 000	1 006 000	1 167 000
Total Assets	1 046 000	1 239 000	1 224 000	1 167 000
Total Retained Equity	453 000	603 000	654 000	672 000
Total Equity	603 000	753 000	804 000	822 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	442 000	486 000	419 000	345 000
Total Equity and Debt	1 046 000	1 239 000	1 224 000	1 167 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	2 307 000	2 290 000	1 815 000	1 232 000
Other Income	0	0	0	0
Revenue	2 307 000	2 290 000	1 815 000	1 232 000
Cost of Goods Sold	1 342 000	1 285 000	1 077 000	791 000
Salary Costs	614 000	611 000	390 000	0
Depreciation	50 000	50 000	38 000	0
Impairment	0	0	0	0
Expenditure	2 435 000	2 345 000	1 825 000	990 000
Operating Profit	−128 000	−55 000	−9 000	242 000
Financial Income	7 000	1 000	0	8 000
Financial Costs	9 000	11 000	14 000	8 000
Financial Balance	−2 000	−10 000	−14 000	0
Dividends	0	0	0	0
Net Income	−149 000	−51 000	−18 000	190 000

Balance details (NOK)	2023	2022	2021	2020
Goodwill	112 000	162 000	212 000	0
Total Intangible Assets	112 000	182 000	217 000	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	0	0	0	0
Total Fixed Assets	112 000	182 000	217 000	0
Stock	274 000	320 000	387 000	300 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	933 000	1 057 000	1 006 000	1 167 000
Total Assets	1 046 000	1 239 000	1 224 000	1 167 000
Total Equity	603 000	753 000	804 000	822 000
Short-Term Group Debt	83 000	83 000	40 000	0
Total Long-Term Debt	0	0	0	0
Creditors	221 000	219 000	238 000	139 000
Unpaid Taxes	68 000	134 000	54 000	76 000
Dividends	0	0	0	0
Other Current Debt	70 000	50 000	52 000	38 000
Total Current Debt	442 000	486 000	419 000	345 000
Total Equity and Debt	1 046 000	1 239 000	1 224 000	1 167 000

Financial indicators	2023	2022	2021	2020
Return on Equity	−24,71 %	−6,77 %	−2,24 %	23,11 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−5,55 %	−2,4 %	−0,5 %	19,64 %
Current Ratio	2,11	2,17	2,4	3,38
Quick Ratio	5,55	6,37	31,44	25,93
Equity Ratio	0,58	0,61	0,66	0,7
Gross Profit Margin	41,83 %	43,89 %	40,66 %	35,8 %