FASTSWIM AS

4626 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

−87,7 %

Current Ratio

1,13

Debt-to-Equity Ratio

1,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	791 000	641 000	743 000	1 368 000
Net Income	−328 000	23 000	131 000	−10 000
Total Assets	1 643 000	1 266 000	758 000	1 022 000
Total Equity	374 000	627 000	604 000	604 000

Income (NOK)	2022	2021	2020	2019
Revenue	791 000	641 000	743 000	1 368 000
Expenditure	935 000	585 000	608 000	1 369 000
Operating Profit	−274 000	55 000	135 000	0
Financial Income	0	2 000	0	2 000
Financial Costs	75 000	34 000	5 000	12 000
Financial Balance	−75 000	−32 000	−5 000	−10 000
Earnings Before Tax	−349 000	23 000	131 000	−10 000
Tax	−21 000	0	0	0
Net Income	−328 000	23 000	131 000	−10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	835 000	327 000	458 000	0
Total Current Assets	808 000	938 000	300 000	1 022 000
Total Assets	1 643 000	1 266 000	758 000	1 022 000
Total Retained Equity	274 000	601 000	579 000	579 000
Total Equity	374 000	627 000	604 000	604 000
Total Long-Term Debt	554 000	50 000	0	14 000
Total Current Debt	715 000	589 000	154 000	404 000
Total Equity and Debt	1 643 000	1 266 000	758 000	1 022 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	750 000	596 000	700 000	1 368 000
Other Income	41 000	44 000	43 000	0
Revenue	791 000	641 000	743 000	1 368 000
Cost of Goods Sold	270 000	179 000	299 000	677 000
Salary Costs	0	11 000	31 000	457 000
Depreciation	90 000	0	0	1 000
Impairment	0	0	0	0
Expenditure	935 000	585 000	608 000	1 369 000
Operating Profit	−274 000	55 000	135 000	0
Financial Income	0	2 000	0	2 000
Financial Costs	75 000	34 000	5 000	12 000
Financial Balance	−75 000	−32 000	−5 000	−10 000
Dividends	0	0	0	0
Net Income	−328 000	23 000	131 000	−10 000

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	542 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	542 000	0	0	0
Total Fiancial Fixed Assets	294 000	327 000	458 000	0
Total Fixed Assets	835 000	327 000	458 000	0
Stock	632 000	762 000	702 000	770 000
Total Investments	0	0	0	0
Cash, Bank	44 000	20 000	−485 000	135 000
Total Current Assets	808 000	938 000	300 000	1 022 000
Total Assets	1 643 000	1 266 000	758 000	1 022 000
Total Equity	374 000	627 000	604 000	604 000
Short-Term Group Debt	0	0	131 000	0
Total Long-Term Debt	554 000	50 000	0	14 000
Creditors	12 000	125 000	−1 000	154 000
Unpaid Taxes	1 000	−8 000	24 000	87 000
Dividends	0	0	0	0
Other Current Debt	64 000	0	0	163 000
Total Current Debt	715 000	589 000	154 000	404 000
Total Equity and Debt	1 643 000	1 266 000	758 000	1 022 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−87,7 %	3,67 %	21,69 %	−1,66 %
Debt-to-Equity Ratio	1,48	0,08	0	0,02
Operating Profit Margin	−34,64 %	8,58 %	18,17 %	0 %
Current Ratio	1,13	1,59	1,95	2,53
Quick Ratio	9,73	−5,42	−0,55	−2,79
Equity Ratio	0,23	0,5	0,8	0,59
Gross Profit Margin	65,87 %	72,07 %	59,76 %	50,51 %