BRØDRENE FINSTAD AS

9403 HARSTAD

Finances

Share Ownership

Return on Equity

−253,85 %

Current Ratio

0,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 447 000	2 516 000	2 064 000	2 185 000
Net Income	−33 000	19 000	−20 000	−77 000
Total Assets	717 000	489 000	495 000	649 000
Total Equity	13 000	47 000	28 000	48 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 447 000	2 516 000	2 064 000	2 185 000
Expenditure	2 463 000	2 488 000	2 061 000	2 237 000
Operating Profit	−14 000	27 000	3 000	−52 000
Financial Income	5 000	0	0	5 000
Financial Costs	24 000	7 000	20 000	30 000
Financial Balance	−19 000	−7 000	−20 000	−25 000
Earnings Before Tax	−33 000	20 000	−17 000	−77 000
Tax	0	1 000	3 000	0
Net Income	−33 000	19 000	−20 000	−77 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 000	54 000	106 000	265 000
Total Current Assets	694 000	436 000	389 000	384 000
Total Assets	717 000	489 000	495 000	649 000
Total Retained Equity	−37 000	−3 000	−22 000	−2 000
Total Equity	13 000	47 000	28 000	48 000
Total Long-Term Debt	0	0	56 000	155 000
Total Current Debt	703 000	442 000	411 000	446 000
Total Equity and Debt	717 000	489 000	495 000	649 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 447 000	2 496 000	2 064 000	2 182 000
Other Income	0	19 000	0	3 000
Revenue	2 447 000	2 516 000	2 064 000	2 185 000
Cost of Goods Sold	458 000	730 000	402 000	455 000
Salary Costs	1 428 000	1 214 000	999 000	1 060 000
Depreciation	31 000	52 000	159 000	213 000
Impairment	0	0	0	0
Expenditure	2 463 000	2 488 000	2 061 000	2 237 000
Operating Profit	−14 000	27 000	3 000	−52 000
Financial Income	5 000	0	0	5 000
Financial Costs	24 000	7 000	20 000	30 000
Financial Balance	−19 000	−7 000	−20 000	−25 000
Dividends	0	0	0	0
Net Income	−33 000	19 000	−20 000	−77 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	2 000	13 000
Total Intangible Assets	0	0	2 000	13 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	4 000	39 000
Fixtures	23 000	54 000	100 000	214 000
Total Tangible Assets	23 000	54 000	104 000	252 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	23 000	54 000	106 000	265 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	52 000	47 000	217 000	100 000
Total Current Assets	694 000	436 000	389 000	384 000
Total Assets	717 000	489 000	495 000	649 000
Total Equity	13 000	47 000	28 000	48 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	56 000	155 000
Creditors	58 000	26 000	29 000	41 000
Unpaid Taxes	203 000	187 000	215 000	111 000
Dividends	0	0	0	0
Other Current Debt	142 000	123 000	164 000	109 000
Total Current Debt	703 000	442 000	411 000	446 000
Total Equity and Debt	717 000	489 000	495 000	649 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−253,85 %	40,43 %	−71,43 %	−160,42 %
Debt-to-Equity Ratio	0	0	2	3,23
Operating Profit Margin	−0,57 %	1,07 %	0,15 %	−2,38 %
Current Ratio	0,99	0,99	0,95	0,86
Quick Ratio	0,99	0,99	0,95	0,86
Equity Ratio	0,02	0,1	0,06	0,07
Gross Profit Margin	81,28 %	70,99 %	80,52 %	79,18 %