FORVALT NORGE AS

4580 LYNGDAL

Finances

Return on Equity

156,1 %

Current Ratio

2,17

Debt-to-Equity Ratio

−12,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 000	26 000	21 000	55 000
Net Income	−64 000	2 000	81 000	−70 000
Total Assets	685 000	157 000	149 000	142 000
Total Equity	−41 000	23 000	21 000	−60 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 000	26 000	21 000	55 000
Expenditure	90 000	25 000	36 000	174 000
Operating Profit	−77 000	1 000	−15 000	−119 000
Financial Income	13 000	0	0	69 000
Financial Costs	0	0	−96 000	20 000
Financial Balance	13 000	0	96 000	49 000
Earnings Before Tax	−64 000	2 000	81 000	−70 000
Tax	0	0	0	0
Net Income	−64 000	2 000	81 000	−70 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	216 000	157 000	143 000	140 000
Total Current Assets	469 000	0	7 000	2 000
Total Assets	685 000	157 000	149 000	142 000
Total Retained Equity	−171 000	−107 000	−109 000	−190 000
Total Equity	−41 000	23 000	21 000	−60 000
Total Long-Term Debt	509 000	126 000	126 000	197 000
Total Current Debt	216 000	8 000	2 000	5 000
Total Equity and Debt	685 000	157 000	149 000	142 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 000	26 000	21 000	20 000
Other Income	0	0	0	35 000
Revenue	12 000	26 000	21 000	55 000
Cost of Goods Sold	46 000	5 000	0	12 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	90 000	25 000	36 000	174 000
Operating Profit	−77 000	1 000	−15 000	−119 000
Financial Income	13 000	0	0	69 000
Financial Costs	0	0	−96 000	20 000
Financial Balance	13 000	0	96 000	49 000
Dividends	0	0	0	0
Net Income	−64 000	2 000	81 000	−70 000

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	216 000	157 000	143 000	140 000
Total Fixed Assets	216 000	157 000	143 000	140 000
Stock	0	0	0	0
Total Investments	139 000	0	0	1 000
Cash, Bank	39 000	0	6 000	0
Total Current Assets	469 000	0	7 000	2 000
Total Assets	685 000	157 000	149 000	142 000
Total Equity	−41 000	23 000	21 000	−60 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	509 000	126 000	126 000	197 000
Creditors	49 000	7 000	2 000	3 000
Unpaid Taxes	166 000	0	0	2 000
Dividends	0	0	0	0
Other Current Debt	1 000	0	0	0
Total Current Debt	216 000	8 000	2 000	5 000
Total Equity and Debt	685 000	157 000	149 000	142 000

Financial indicators	2022	2021	2020	2019
Return on Equity	156,1 %	8,7 %	385,71 %	116,67 %
Debt-to-Equity Ratio	−12,41	5,48	6	−3,28
Operating Profit Margin	−641,67 %	3,85 %	−71,43 %	−216,36 %
Current Ratio	2,17	0	3,5	0,4
Quick Ratio	2,17	0	3,5	0,4
Equity Ratio	−0,06	0,15	0,14	−0,42
Gross Profit Margin	−283,33 %	80,77 %	100 %	78,18 %