FJORD GARDSMAT AS

6982 HOLMEDAL

Finances

Share Ownership

Return on Equity

−5,38 %

Current Ratio

1,73

Debt-to-Equity Ratio

−3,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	905 000	734 000	536 000	594 000
Net Income	19 000	−87 000	−211 000	68 000
Total Assets	1 326 000	1 395 000	1 266 000	2 603 000
Total Equity	−353 000	−372 000	−1 256 000	541 000

Income (NOK)	2022	2021	2020	2019
Revenue	905 000	734 000	536 000	594 000
Expenditure	929 000	756 000	738 000	468 000
Operating Profit	−24 000	−22 000	−202 000	125 000
Financial Income	118 000	0	0	25 000
Financial Costs	74 000	65 000	64 000	63 000
Financial Balance	44 000	−65 000	−64 000	−38 000
Earnings Before Tax	20 000	−87 000	−265 000	88 000
Tax	1 000	0	−55 000	19 000
Net Income	19 000	−87 000	−211 000	68 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	732 000	947 000	1 001 000	1 039 000
Total Current Assets	594 000	448 000	264 000	1 563 000
Total Assets	1 326 000	1 395 000	1 266 000	2 603 000
Total Retained Equity	−1 341 000	−1 360 000	−1 274 000	511 000
Total Equity	−353 000	−372 000	−1 256 000	541 000
Total Long-Term Debt	1 335 000	1 484 000	1 845 000	1 720 000
Total Current Debt	344 000	284 000	677 000	341 000
Total Equity and Debt	1 326 000	1 395 000	1 266 000	2 603 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	851 000	728 000	419 000	515 000
Other Income	54 000	6 000	117 000	79 000
Revenue	905 000	734 000	536 000	594 000
Cost of Goods Sold	388 000	224 000	154 000	78 000
Salary Costs	9 000	4 000	69 000	70 000
Depreciation	108 000	104 000	108 000	89 000
Impairment	0	0	0	0
Expenditure	929 000	756 000	738 000	468 000
Operating Profit	−24 000	−22 000	−202 000	125 000
Financial Income	118 000	0	0	25 000
Financial Costs	74 000	65 000	64 000	63 000
Financial Balance	44 000	−65 000	−64 000	−38 000
Dividends	0	0	0	0
Net Income	19 000	−87 000	−211 000	68 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	592 000	646 000	699 000	726 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	140 000	194 000	195 000	172 000
Total Tangible Assets	732 000	840 000	894 000	898 000
Total Fiancial Fixed Assets	0	107 000	107 000	141 000
Total Fixed Assets	732 000	947 000	1 001 000	1 039 000
Stock	211 000	312 000	203 000	84 000
Total Investments	0	0	0	0
Cash, Bank	358 000	130 000	13 000	37 000
Total Current Assets	594 000	448 000	264 000	1 563 000
Total Assets	1 326 000	1 395 000	1 266 000	2 603 000
Total Equity	−353 000	−372 000	−1 256 000	541 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 335 000	1 484 000	1 845 000	1 720 000
Creditors	65 000	31 000	32 000	124 000
Unpaid Taxes	48 000	15 000	15 000	1 000
Dividends	0	0	0	0
Other Current Debt	232 000	238 000	616 000	197 000
Total Current Debt	344 000	284 000	677 000	341 000
Total Equity and Debt	1 326 000	1 395 000	1 266 000	2 603 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,38 %	23,39 %	16,8 %	12,57 %
Debt-to-Equity Ratio	−3,78	−3,99	−1,47	3,18
Operating Profit Margin	−2,65 %	−3 %	−37,69 %	21,04 %
Current Ratio	1,73	1,58	0,39	4,58
Quick Ratio	4,47	−16	0,56	6,08
Equity Ratio	−0,27	−0,27	−0,99	0,21
Gross Profit Margin	57,13 %	69,48 %	71,27 %	86,87 %