FANNEMEL CEMENTVAREFABRIKK AS

6763 HORNINDAL

Finances

Share Ownership

Return on Equity

−7,88 %

Current Ratio

574

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	7 000	79 000	35 000
Net Income	−46 000	−32 000	−25 000	−46 000
Total Assets	584 000	631 000	688 000	722 000
Total Equity	584 000	630 000	662 000	687 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	7 000	79 000	35 000
Expenditure	47 000	36 000	76 000	76 000
Operating Profit	−47 000	−32 000	−25 000	−46 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−46 000	−32 000	−25 000	−46 000
Tax	0	0	0	0
Net Income	−46 000	−32 000	−25 000	−46 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 000	10 000	10 000	16 000
Total Current Assets	574 000	621 000	678 000	706 000
Total Assets	584 000	631 000	688 000	722 000
Total Retained Equity	459 000	505 000	537 000	562 000
Total Equity	584 000	630 000	662 000	687 000
Total Long-Term Debt	0	0	12 000	33 000
Total Current Debt	1 000	1 000	13 000	2 000
Total Equity and Debt	584 000	631 000	688 000	722 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	7 000	79 000	35 000
Other Income	0	0	0	0
Revenue	0	7 000	79 000	35 000
Cost of Goods Sold	0	0	12 000	28 000
Salary Costs	0	0	0	0
Depreciation	0	0	6 000	6 000
Impairment	0	0	0	0
Expenditure	47 000	36 000	76 000	76 000
Operating Profit	−47 000	−32 000	−25 000	−46 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−46 000	−32 000	−25 000	−46 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 000	10 000	10 000	10 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	6 000
Total Tangible Assets	10 000	10 000	10 000	16 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 000	10 000	10 000	16 000
Stock	6 000	6 000	9 000	49 000
Total Investments	0	0	0	0
Cash, Bank	568 000	597 000	660 000	647 000
Total Current Assets	574 000	621 000	678 000	706 000
Total Assets	584 000	631 000	688 000	722 000
Total Equity	584 000	630 000	662 000	687 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	12 000	33 000
Creditors	1 000	1 000	0	1 000
Unpaid Taxes	0	0	13 000	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	1 000	1 000	13 000	2 000
Total Equity and Debt	584 000	631 000	688 000	722 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,88 %	−5,08 %	−3,78 %	−6,7 %
Debt-to-Equity Ratio	0	0	0,02	0,05
Operating Profit Margin	-	−457,14 %	−31,65 %	−131,43 %
Current Ratio	574	621	52,15	353
Quick Ratio	−114,8	−124,2	169,5	−15,02
Equity Ratio	1	1	0,96	0,95
Gross Profit Margin	-	100 %	84,81 %	20 %