FESTUTSTYR AS

1831 ASKIM

Finances

Share Ownership

Return on Equity

224,06 %

Current Ratio

1,52

Debt-to-Equity Ratio

−2,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 114 000	5 562 000	3 247 000	3 302 000
Net Income	−419 000	122 000	−166 000	−110 000
Total Assets	836 000	939 000	540 000	655 000
Total Equity	−187 000	232 000	110 000	276 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 114 000	5 562 000	3 247 000	3 302 000
Expenditure	6 507 000	5 437 000	3 408 000	3 404 000
Operating Profit	−393 000	125 000	−162 000	−102 000
Financial Income	5 000	2 000	2 000	4 000
Financial Costs	31 000	4 000	6 000	12 000
Financial Balance	−26 000	−2 000	−4 000	−8 000
Earnings Before Tax	−419 000	122 000	−166 000	−110 000
Tax	0	0	0	0
Net Income	−419 000	122 000	−166 000	−110 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	50 000
Total Current Assets	836 000	939 000	540 000	605 000
Total Assets	836 000	939 000	540 000	655 000
Total Retained Equity	−355 000	63 000	−59 000	107 000
Total Equity	−187 000	232 000	110 000	276 000
Total Long-Term Debt	473 000	167 000	186 000	144 000
Total Current Debt	550 000	541 000	244 000	235 000
Total Equity and Debt	836 000	939 000	540 000	655 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 111 000	5 540 000	3 225 000	3 301 000
Other Income	3 000	22 000	22 000	1 000
Revenue	6 114 000	5 562 000	3 247 000	3 302 000
Cost of Goods Sold	2 190 000	2 780 000	1 518 000	1 433 000
Salary Costs	1 821 000	1 245 000	754 000	923 000
Depreciation	0	0	50 000	78 000
Impairment	0	0	0	0
Expenditure	6 507 000	5 437 000	3 408 000	3 404 000
Operating Profit	−393 000	125 000	−162 000	−102 000
Financial Income	5 000	2 000	2 000	4 000
Financial Costs	31 000	4 000	6 000	12 000
Financial Balance	−26 000	−2 000	−4 000	−8 000
Dividends	0	0	0	0
Net Income	−419 000	122 000	−166 000	−110 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	42 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	8 000
Total Tangible Assets	0	0	0	8 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	50 000
Stock	646 000	536 000	406 000	393 000
Total Investments	0	0	0	0
Cash, Bank	69 000	356 000	100 000	130 000
Total Current Assets	836 000	939 000	540 000	605 000
Total Assets	836 000	939 000	540 000	655 000
Total Equity	−187 000	232 000	110 000	276 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	473 000	167 000	186 000	144 000
Creditors	148 000	87 000	58 000	48 000
Unpaid Taxes	141 000	206 000	67 000	92 000
Dividends	0	0	0	0
Other Current Debt	261 000	248 000	120 000	95 000
Total Current Debt	550 000	541 000	244 000	235 000
Total Equity and Debt	836 000	939 000	540 000	655 000

Financial indicators	2022	2021	2020	2019
Return on Equity	224,06 %	52,59 %	−150,91 %	−39,86 %
Debt-to-Equity Ratio	−2,53	0,72	1,69	0,52
Operating Profit Margin	−6,43 %	2,25 %	−4,99 %	−3,09 %
Current Ratio	1,52	1,74	2,21	2,57
Quick Ratio	−8,71	187,8	−3,33	−3,83
Equity Ratio	−0,22	0,25	0,2	0,42
Gross Profit Margin	64,18 %	50,02 %	53,25 %	56,6 %