FJORDANE ELEKTRO AS

6823 SANDANE

Finances

Share Ownership

Return on Equity

−27,35 %

Current Ratio

2,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	208 000	696 000	388 000	2 411 000
Net Income	−134 000	−138 000	86 000	69 000
Total Assets	612 000	842 000	1 128 000	1 178 000
Total Equity	490 000	623 000	762 000	676 000

Income (NOK)	2022	2021	2020	2019
Revenue	208 000	696 000	388 000	2 411 000
Expenditure	381 000	886 000	274 000	2 319 000
Operating Profit	−172 000	−189 000	115 000	92 000
Financial Income	4 000	14 000	0	2 000
Financial Costs	4 000	2 000	4 000	5 000
Financial Balance	0	12 000	−4 000	−3 000
Earnings Before Tax	−171 000	−177 000	110 000	89 000
Tax	−38 000	−39 000	24 000	20 000
Net Income	−134 000	−138 000	86 000	69 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	313 000	227 000	234 000	151 000
Total Current Assets	299 000	615 000	894 000	1 026 000
Total Assets	612 000	842 000	1 128 000	1 178 000
Total Retained Equity	460 000	593 000	732 000	646 000
Total Equity	490 000	623 000	762 000	676 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	122 000	219 000	366 000	502 000
Total Equity and Debt	612 000	842 000	1 128 000	1 178 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	208 000	669 000	388 000	2 411 000
Other Income	0	27 000	0	0
Revenue	208 000	696 000	388 000	2 411 000
Cost of Goods Sold	94 000	134 000	256 000	85 000
Salary Costs	−50 000	114 000	42 000	1 176 000
Depreciation	71 000	87 000	86 000	63 000
Impairment	0	0	0	0
Expenditure	381 000	886 000	274 000	2 319 000
Operating Profit	−172 000	−189 000	115 000	92 000
Financial Income	4 000	14 000	0	2 000
Financial Costs	4 000	2 000	4 000	5 000
Financial Balance	0	12 000	−4 000	−3 000
Dividends	0	0	0	0
Net Income	−134 000	−138 000	86 000	69 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	85 000	47 000	8 000	9 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	131 000	41 000	0	0
Fixtures	97 000	139 000	225 000	142 000
Total Tangible Assets	228 000	180 000	225 000	142 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	313 000	227 000	234 000	151 000
Stock	6 000	6 000	6 000	6 000
Total Investments	0	0	0	0
Cash, Bank	290 000	548 000	808 000	1 042 000
Total Current Assets	299 000	615 000	894 000	1 026 000
Total Assets	612 000	842 000	1 128 000	1 178 000
Total Equity	490 000	623 000	762 000	676 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	64 000	26 000	66 000	26 000
Unpaid Taxes	−1 000	29 000	−8 000	84 000
Dividends	0	0	0	0
Other Current Debt	59 000	164 000	285 000	363 000
Total Current Debt	122 000	219 000	366 000	502 000
Total Equity and Debt	612 000	842 000	1 128 000	1 178 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,35 %	−22,15 %	11,29 %	10,21 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−82,69 %	−27,16 %	29,64 %	3,82 %
Current Ratio	2,45	2,81	2,44	2,04
Quick Ratio	2,58	2,89	2,48	2,07
Equity Ratio	0,8	0,74	0,68	0,57
Gross Profit Margin	54,81 %	80,75 %	34,02 %	96,47 %