THE FJORDS MANAGEMENT AS

5743 FLÅM

Finances

Share Ownership

Return on Equity

−1,37 %

Current Ratio

0,06

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 221 000	12 040 000	9 979 000	25 814 000
Net Income	204 000	375 000	−9 333 000	−8 138 000
Total Assets	957 000	2 355 000	57 000	5 689 000
Total Equity	−14 911 000	−15 115 000	−15 490 000	−6 157 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 221 000	12 040 000	9 979 000	25 814 000
Expenditure	2 013 000	11 355 000	16 728 000	35 826 000
Operating Profit	208 000	685 000	−6 748 000	−10 013 000
Financial Income	0	0	0	0
Financial Costs	3 000	311 000	332 000	421 000
Financial Balance	−3 000	−311 000	−332 000	−421 000
Earnings Before Tax	204 000	375 000	−7 080 000	−10 434 000
Tax	0	0	2 253 000	−2 295 000
Net Income	204 000	375 000	−9 333 000	−8 138 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	3 843 000
Total Current Assets	957 000	2 355 000	57 000	1 846 000
Total Assets	957 000	2 355 000	57 000	5 689 000
Total Retained Equity	−15 517 000	−15 721 000	−16 096 000	−6 763 000
Total Equity	−14 911 000	−15 115 000	−15 490 000	−6 157 000
Total Long-Term Debt	0	0	0	4 921 000
Total Current Debt	15 868 000	17 471 000	15 547 000	6 925 000
Total Equity and Debt	957 000	2 355 000	57 000	5 689 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 217 000	9 800 000	9 979 000	25 814 000
Other Income	4 000	2 240 000	0	0
Revenue	2 221 000	12 040 000	9 979 000	25 814 000
Cost of Goods Sold	1 882 000	9 111 000	9 735 000	15 163 000
Salary Costs	0	0	0	0
Depreciation	0	0	768 000	2 101 000
Impairment	0	0	0	9 269 000
Expenditure	2 013 000	11 355 000	16 728 000	35 826 000
Operating Profit	208 000	685 000	−6 748 000	−10 013 000
Financial Income	0	0	0	0
Financial Costs	3 000	311 000	332 000	421 000
Financial Balance	−3 000	−311 000	−332 000	−421 000
Dividends	0	0	0	0
Net Income	204 000	375 000	−9 333 000	−8 138 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	2 253 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	590 000
Total Tangible Assets	0	0	0	1 590 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	3 843 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	957 000	1 168 000	46 000	296 000
Total Current Assets	957 000	2 355 000	57 000	1 846 000
Total Assets	957 000	2 355 000	57 000	5 689 000
Total Equity	−14 911 000	−15 115 000	−15 490 000	−6 157 000
Short-Term Group Debt	15 838 000	15 565 000	0	0
Total Long-Term Debt	0	0	0	4 921 000
Creditors	0	1 115 000	4 803 000	1 495 000
Unpaid Taxes	0	0	63 000	74 000
Dividends	0	0	0	0
Other Current Debt	30 000	791 000	10 682 000	5 356 000
Total Current Debt	15 868 000	17 471 000	15 547 000	6 925 000
Total Equity and Debt	957 000	2 355 000	57 000	5 689 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,37 %	−2,48 %	60,25 %	132,17 %
Debt-to-Equity Ratio	−0	−0	−0	−0,8
Operating Profit Margin	9,37 %	5,69 %	−67,62 %	−38,79 %
Current Ratio	0,06	0,13	0	0,27
Quick Ratio	0,06	0,13	0	0,27
Equity Ratio	−15,58	−6,42	−271,75	−1,08
Gross Profit Margin	15,26 %	24,33 %	2,45 %	41,26 %