THE FJORDS DA

5742 FLÅM

Finances

Return on Equity

−67,45 %

Current Ratio

1,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	123 711 000	69 209 000	89 649 000	203 108 000
Net Income	−6 644 000	−42 101 000	−39 457 000	7 584 000
Total Assets	25 771 000	12 466 000	25 149 000	43 342 000
Total Equity	9 850 000	−1 506 000	595 000	22 306 000

Income (NOK)	2022	2021	2020	2019
Revenue	123 711 000	69 209 000	89 649 000	203 108 000
Expenditure	130 163 000	111 161 000	128 987 000	197 601 000
Operating Profit	−6 452 000	−41 952 000	−39 338 000	5 507 000
Financial Income	36 000	391 000	499 000	495 000
Financial Costs	228 000	540 000	618 000	713 000
Financial Balance	−192 000	−149 000	−119 000	−218 000
Earnings Before Tax	−6 644 000	−42 101 000	−39 457 000	5 289 000
Tax	0	0	0	−2 295 000
Net Income	−6 644 000	−42 101 000	−39 457 000	7 584 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 122 000	851 000	1 836 000	8 974 000
Total Current Assets	23 649 000	11 615 000	23 313 000	34 368 000
Total Assets	25 771 000	12 466 000	25 149 000	43 342 000
Total Retained Equity	−88 150 000	−81 506 000	−39 405 000	2 306 000
Total Equity	9 850 000	−1 506 000	595 000	22 306 000
Total Long-Term Debt	0	0	0	4 921 000
Total Current Debt	15 921 000	13 972 000	24 554 000	16 115 000
Total Equity and Debt	25 771 000	12 466 000	25 149 000	43 342 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	123 711 000	69 209 000	89 649 000	203 108 000
Other Income	0	0	0	0
Revenue	123 711 000	69 209 000	89 649 000	203 108 000
Cost of Goods Sold	51 663 000	54 120 000	60 688 000	62 540 000
Salary Costs	42 244 000	29 486 000	26 659 000	47 775 000
Depreciation	565 000	829 000	1 730 000	3 185 000
Impairment	0	0	0	9 269 000
Expenditure	130 163 000	111 161 000	128 987 000	197 601 000
Operating Profit	−6 452 000	−41 952 000	−39 338 000	5 507 000
Financial Income	36 000	391 000	499 000	495 000
Financial Costs	228 000	540 000	618 000	713 000
Financial Balance	−192 000	−149 000	−119 000	−218 000
Dividends	0	0	0	0
Net Income	−6 644 000	−42 101 000	−39 457 000	7 584 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	225 000	338 000	450 000	2 816 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 829 000	273 000	459 000	1 228 000
Total Tangible Assets	1 897 000	513 000	848 000	2 964 000
Total Fiancial Fixed Assets	0	0	538 000	3 194 000
Total Fixed Assets	2 122 000	851 000	1 836 000	8 974 000
Stock	970 000	140 000	335 000	186 000
Total Investments	0	0	0	0
Cash, Bank	18 461 000	3 775 000	1 361 000	13 883 000
Total Current Assets	23 649 000	11 615 000	23 313 000	34 368 000
Total Assets	25 771 000	12 466 000	25 149 000	43 342 000
Total Equity	9 850 000	−1 506 000	595 000	22 306 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	4 921 000
Creditors	7 092 000	6 556 000	8 394 000	7 199 000
Unpaid Taxes	3 779 000	2 526 000	1 731 000	2 842 000
Dividends	0	0	0	0
Other Current Debt	5 050 000	4 890 000	3 547 000	6 074 000
Total Current Debt	15 921 000	13 972 000	24 554 000	16 115 000
Total Equity and Debt	25 771 000	12 466 000	25 149 000	43 342 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−67,45 %	2 795,55 %	−6 631,43 %	34 %
Debt-to-Equity Ratio	0	−0	0	0,22
Operating Profit Margin	−5,22 %	−60,62 %	−43,88 %	2,71 %
Current Ratio	1,49	0,83	0,95	2,13
Quick Ratio	1,58	0,84	0,96	2,16
Equity Ratio	0,38	−0,12	0,02	0,51
Gross Profit Margin	58,24 %	21,8 %	32,3 %	69,21 %