FÅGG AS

7018 TRONDHEIM

Finances

Share Ownership

Return on Equity

−87,14 %

Current Ratio

1,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 902 000	6 078 000	4 247 000	3 351 000
Net Income	−332 000	1 072 000	486 000	197 000
Total Assets	684 000	2 072 000	1 581 000	1 141 000
Total Equity	381 000	1 433 000	1 085 000	599 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 902 000	6 078 000	4 247 000	3 351 000
Expenditure	4 306 000	4 672 000	3 519 000	3 091 000
Operating Profit	−403 000	1 407 000	729 000	259 000
Financial Income	0	0	1 000	6 000
Financial Costs	7 000	0	100 000	10 000
Financial Balance	−7 000	0	−99 000	−4 000
Earnings Before Tax	−410 000	1 407 000	629 000	255 000
Tax	−78 000	334 000	144 000	58 000
Net Income	−332 000	1 072 000	486 000	197 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	204 000	0	193 000	337 000
Total Current Assets	479 000	2 072 000	1 388 000	804 000
Total Assets	684 000	2 072 000	1 581 000	1 141 000
Total Retained Equity	−1 455 000	−403 000	−751 000	−1 237 000
Total Equity	381 000	1 433 000	1 085 000	599 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	303 000	639 000	497 000	543 000
Total Equity and Debt	684 000	2 072 000	1 581 000	1 141 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 902 000	6 078 000	4 247 000	3 351 000
Other Income	0	0	0	0
Revenue	3 902 000	6 078 000	4 247 000	3 351 000
Cost of Goods Sold	2 317 000	2 763 000	2 226 000	2 200 000
Salary Costs	1 312 000	1 196 000	797 000	550 000
Depreciation	9 000	0	0	0
Impairment	0	0	0	0
Expenditure	4 306 000	4 672 000	3 519 000	3 091 000
Operating Profit	−403 000	1 407 000	729 000	259 000
Financial Income	0	0	1 000	6 000
Financial Costs	7 000	0	100 000	10 000
Financial Balance	−7 000	0	−99 000	−4 000
Dividends	0	0	0	0
Net Income	−332 000	1 072 000	486 000	197 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	204 000	0	193 000	337 000
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	204 000	0	193 000	337 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	422 000	1 798 000	1 161 000	645 000
Total Current Assets	479 000	2 072 000	1 388 000	804 000
Total Assets	684 000	2 072 000	1 581 000	1 141 000
Total Equity	381 000	1 433 000	1 085 000	599 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	21 000	21 000	41 000	68 000
Unpaid Taxes	122 000	176 000	62 000	115 000
Dividends	0	0	0	0
Other Current Debt	160 000	302 000	394 000	360 000
Total Current Debt	303 000	639 000	497 000	543 000
Total Equity and Debt	684 000	2 072 000	1 581 000	1 141 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−87,14 %	74,81 %	44,79 %	32,89 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−10,33 %	23,15 %	17,17 %	7,73 %
Current Ratio	1,58	3,24	2,79	1,48
Quick Ratio	1,58	3,24	2,79	1,48
Equity Ratio	0,56	0,69	0,69	0,52
Gross Profit Margin	40,62 %	54,54 %	47,59 %	34,35 %