FENESS UR AS

5130 NYBORG

Finances

Return on Equity

312,95 %

Current Ratio

1,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	273 000	403 000	376 000	3 388 000
Net Income	3 311 000	3 912 000	258 000	694 000
Total Assets	4 844 000	3 058 000	2 080 000	2 258 000
Total Equity	1 058 000	748 000	1 236 000	1 578 000

Income (NOK)	2022	2021	2020	2019
Revenue	273 000	403 000	376 000	3 388 000
Expenditure	607 000	683 000	606 000	3 700 000
Operating Profit	−334 000	−280 000	−230 000	−312 000
Financial Income	3 651 000	4 200 000	563 000	1 258 000
Financial Costs	3 000	4 000	2 000	56 000
Financial Balance	3 648 000	4 196 000	561 000	1 202 000
Earnings Before Tax	3 314 000	3 916 000	331 000	890 000
Tax	3 000	3 000	73 000	196 000
Net Income	3 311 000	3 912 000	258 000	694 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	412 000	415 000	420 000	507 000
Total Current Assets	4 432 000	2 643 000	1 660 000	1 752 000
Total Assets	4 844 000	3 058 000	2 080 000	2 258 000
Total Retained Equity	608 000	298 000	786 000	1 128 000
Total Equity	1 058 000	748 000	1 236 000	1 578 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 785 000	2 310 000	844 000	680 000
Total Equity and Debt	4 844 000	3 058 000	2 080 000	2 258 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	273 000	403 000	376 000	3 388 000
Other Income	0	0	0	0
Revenue	273 000	403 000	376 000	3 388 000
Cost of Goods Sold	53 000	89 000	75 000	1 931 000
Salary Costs	512 000	514 000	450 000	1 176 000
Depreciation	0	2 000	14 000	36 000
Impairment	0	0	0	0
Expenditure	607 000	683 000	606 000	3 700 000
Operating Profit	−334 000	−280 000	−230 000	−312 000
Financial Income	3 651 000	4 200 000	563 000	1 258 000
Financial Costs	3 000	4 000	2 000	56 000
Financial Balance	3 648 000	4 196 000	561 000	1 202 000
Dividends	3 000 000	4 401 000	600 000	0
Net Income	3 311 000	3 912 000	258 000	694 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 000	15 000	18 000	91 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	2 000	16 000
Total Tangible Assets	0	0	2 000	16 000
Total Fiancial Fixed Assets	400 000	400 000	400 000	400 000
Total Fixed Assets	412 000	415 000	420 000	507 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	140 000	45 000	124 000	44 000
Total Current Assets	4 432 000	2 643 000	1 660 000	1 752 000
Total Assets	4 844 000	3 058 000	2 080 000	2 258 000
Total Equity	1 058 000	748 000	1 236 000	1 578 000
Short-Term Group Debt	384 000	0	100 000	501 000
Total Long-Term Debt	0	0	0	0
Creditors	6 000	15 000	36 000	23 000
Unpaid Taxes	41 000	39 000	45 000	53 000
Dividends	3 000 000	4 401 000	600 000	0
Other Current Debt	355 000	55 000	63 000	105 000
Total Current Debt	3 785 000	2 310 000	844 000	680 000
Total Equity and Debt	4 844 000	3 058 000	2 080 000	2 258 000

Financial indicators	2022	2021	2020	2019
Return on Equity	312,95 %	522,99 %	20,87 %	43,98 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−122,34 %	−69,48 %	−61,17 %	−9,21 %
Current Ratio	1,17	1,14	1,97	2,58
Quick Ratio	1,17	1,14	1,97	2,58
Equity Ratio	0,22	0,24	0,59	0,7
Gross Profit Margin	80,59 %	77,92 %	80,05 %	43 %