FANG SOL AS

5232 PARADIS

Finances

Share Ownership

Return on Equity

35,57 %

Current Ratio

2,45

Debt-to-Equity Ratio

−3,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 868 000	1 661 000	936 000	663 000
Net Income	−334 000	−330 000	−157 000	45 000
Total Assets	3 801 000	2 706 000	1 415 000	1 345 000
Total Equity	−939 000	−604 000	−274 000	−118 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 868 000	1 661 000	936 000	663 000
Expenditure	5 199 000	1 989 000	1 090 000	618 000
Operating Profit	−332 000	−327 000	−154 000	45 000
Financial Income	7 000	0	0	0
Financial Costs	10 000	3 000	2 000	1 000
Financial Balance	−3 000	−3 000	−2 000	−1 000
Earnings Before Tax	−334 000	−330 000	−157 000	45 000
Tax	0	0	0	0
Net Income	−334 000	−330 000	−157 000	45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 000	23 000	34 000	0
Total Current Assets	3 790 000	2 683 000	1 381 000	1 345 000
Total Assets	3 801 000	2 706 000	1 415 000	1 345 000
Total Retained Equity	−1 039 000	−704 000	−374 000	−218 000
Total Equity	−939 000	−604 000	−274 000	−118 000
Total Long-Term Debt	3 191 000	2 448 000	1 416 000	0
Total Current Debt	1 548 000	863 000	273 000	1 463 000
Total Equity and Debt	3 801 000	2 706 000	1 415 000	1 345 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 868 000	1 661 000	936 000	663 000
Other Income	0	0	0	0
Revenue	4 868 000	1 661 000	936 000	663 000
Cost of Goods Sold	3 956 000	1 346 000	833 000	576 000
Salary Costs	476 000	12 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 199 000	1 989 000	1 090 000	618 000
Operating Profit	−332 000	−327 000	−154 000	45 000
Financial Income	7 000	0	0	0
Financial Costs	10 000	3 000	2 000	1 000
Financial Balance	−3 000	−3 000	−2 000	−1 000
Dividends	0	0	0	0
Net Income	−334 000	−330 000	−157 000	45 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	11 000	23 000	34 000	0
Total Fixed Assets	11 000	23 000	34 000	0
Stock	2 727 000	1 673 000	710 000	710 000
Total Investments	0	0	0	0
Cash, Bank	523 000	912 000	220 000	371 000
Total Current Assets	3 790 000	2 683 000	1 381 000	1 345 000
Total Assets	3 801 000	2 706 000	1 415 000	1 345 000
Total Equity	−939 000	−604 000	−274 000	−118 000
Short-Term Group Debt	0	0	0	77 000
Total Long-Term Debt	3 191 000	2 448 000	1 416 000	0
Creditors	708 000	605 000	127 000	1 038 000
Unpaid Taxes	799 000	257 000	147 000	132 000
Dividends	0	0	0	0
Other Current Debt	41 000	1 000	0	215 000
Total Current Debt	1 548 000	863 000	273 000	1 463 000
Total Equity and Debt	3 801 000	2 706 000	1 415 000	1 345 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,57 %	54,64 %	57,3 %	−38,14 %
Debt-to-Equity Ratio	−3,4	−4,05	−5,17	−0
Operating Profit Margin	−6,82 %	−19,69 %	−16,45 %	6,79 %
Current Ratio	2,45	3,11	5,06	0,92
Quick Ratio	−3,21	−3,31	−3,16	1,79
Equity Ratio	−0,25	−0,22	−0,19	−0,09
Gross Profit Margin	18,73 %	18,96 %	11 %	13,12 %