FAFNIR NORWAY AS

6092 FOSNAVÅG

Finances

Share Ownership

Return on Equity

17,19 %

Current Ratio

0,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 797 000	19 187 000	17 936 000	16 932 000
Net Income	60 000	25 000	1 000	14 000
Total Assets	1 684 000	2 144 000	1 850 000	1 233 000
Total Equity	349 000	290 000	265 000	264 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 797 000	19 187 000	17 936 000	16 932 000
Expenditure	19 722 000	19 149 000	17 934 000	16 910 000
Operating Profit	74 000	39 000	2 000	22 000
Financial Income	13 000	3 000	4 000	0
Financial Costs	11 000	10 000	4 000	0
Financial Balance	2 000	−7 000	0	0
Earnings Before Tax	77 000	32 000	2 000	22 000
Tax	17 000	8 000	0	8 000
Net Income	60 000	25 000	1 000	14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	538 000	548 000	543 000	0
Total Current Assets	1 146 000	1 596 000	1 307 000	1 233 000
Total Assets	1 684 000	2 144 000	1 850 000	1 233 000
Total Retained Equity	319 000	260 000	235 000	234 000
Total Equity	349 000	290 000	265 000	264 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 334 000	1 854 000	1 586 000	969 000
Total Equity and Debt	1 684 000	2 144 000	1 850 000	1 233 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	17 936 000	16 932 000
Other Income	19 797 000	19 187 000	0	0
Revenue	19 797 000	19 187 000	17 936 000	16 932 000
Cost of Goods Sold	0	0	0	0
Salary Costs	17 928 000	17 746 000	16 402 000	15 177 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	19 722 000	19 149 000	17 934 000	16 910 000
Operating Profit	74 000	39 000	2 000	22 000
Financial Income	13 000	3 000	4 000	0
Financial Costs	11 000	10 000	4 000	0
Financial Balance	2 000	−7 000	0	0
Dividends	0	0	0	0
Net Income	60 000	25 000	1 000	14 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	538 000	548 000	543 000	0
Total Fixed Assets	538 000	548 000	543 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	909 000	1 452 000	1 010 000	988 000
Total Current Assets	1 146 000	1 596 000	1 307 000	1 233 000
Total Assets	1 684 000	2 144 000	1 850 000	1 233 000
Total Equity	349 000	290 000	265 000	264 000
Short-Term Group Debt	259 000	0	761 000	0
Total Long-Term Debt	0	0	0	0
Creditors	213 000	635 000	80 000	293 000
Unpaid Taxes	846 000	1 211 000	606 000	0
Dividends	0	0	0	0
Other Current Debt	0	0	138 000	668 000
Total Current Debt	1 334 000	1 854 000	1 586 000	969 000
Total Equity and Debt	1 684 000	2 144 000	1 850 000	1 233 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,19 %	8,62 %	0,38 %	5,3 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,37 %	0,2 %	0,01 %	0,13 %
Current Ratio	0,86	0,86	0,82	1,27
Quick Ratio	0,86	0,86	0,82	1,27
Equity Ratio	0,21	0,14	0,14	0,21
Gross Profit Margin	100 %	100 %	100 %	100 %