FJORDTECH AS

9990 BÅTSFJORD

Finances

Return on Equity

−7,93 %

Current Ratio

5,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 754 000	5 176 000	5 816 000	4 874 000
Net Income	−268 000	1 016 000	308 000	722 000
Total Assets	3 997 000	4 742 000	3 449 000	2 995 000
Total Equity	3 379 000	3 647 000	2 631 000	2 323 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 754 000	5 176 000	5 816 000	4 874 000
Expenditure	3 053 000	3 731 000	5 432 000	3 966 000
Operating Profit	−300 000	1 445 000	384 000	908 000
Financial Income	30 000	30 000	31 000	39 000
Financial Costs	8 000	28 000	5 000	2 000
Financial Balance	22 000	2 000	26 000	37 000
Earnings Before Tax	−278 000	1 446 000	410 000	945 000
Tax	−9 000	431 000	102 000	223 000
Net Income	−268 000	1 016 000	308 000	722 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	875 000	888 000	969 000	996 000
Total Current Assets	3 122 000	3 855 000	2 480 000	1 998 000
Total Assets	3 997 000	4 742 000	3 449 000	2 995 000
Total Retained Equity	3 349 000	3 617 000	2 601 000	2 293 000
Total Equity	3 379 000	3 647 000	2 631 000	2 323 000
Total Long-Term Debt	0	2 000	−26 000	6 000
Total Current Debt	618 000	1 093 000	844 000	666 000
Total Equity and Debt	3 997 000	4 742 000	3 449 000	2 995 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 681 000	5 098 000	5 749 000	4 793 000
Other Income	73 000	79 000	67 000	81 000
Revenue	2 754 000	5 176 000	5 816 000	4 874 000
Cost of Goods Sold	304 000	1 278 000	3 286 000	1 449 000
Salary Costs	1 100 000	719 000	1 219 000	951 000
Depreciation	20 000	20 000	27 000	23 000
Impairment	0	0	0	0
Expenditure	3 053 000	3 731 000	5 432 000	3 966 000
Operating Profit	−300 000	1 445 000	384 000	908 000
Financial Income	30 000	30 000	31 000	39 000
Financial Costs	8 000	28 000	5 000	2 000
Financial Balance	22 000	2 000	26 000	37 000
Dividends	0	0	0	0
Net Income	−268 000	1 016 000	308 000	722 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	0	0	0
Real Eastate	868 000	888 000	908 000	927 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	62 000	69 000
Total Tangible Assets	868 000	888 000	969 000	996 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	875 000	888 000	969 000	996 000
Stock	0	0	0	0
Total Investments	368 000	368 000	368 000	368 000
Cash, Bank	1 979 000	1 673 000	768 000	1 642 000
Total Current Assets	3 122 000	3 855 000	2 480 000	1 998 000
Total Assets	3 997 000	4 742 000	3 449 000	2 995 000
Total Equity	3 379 000	3 647 000	2 631 000	2 323 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 000	−26 000	6 000
Creditors	178 000	152 000	72 000	168 000
Unpaid Taxes	344 000	422 000	519 000	109 000
Dividends	0	0	0	0
Other Current Debt	97 000	85 000	152 000	169 000
Total Current Debt	618 000	1 093 000	844 000	666 000
Total Equity and Debt	3 997 000	4 742 000	3 449 000	2 995 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,93 %	27,86 %	11,71 %	31,08 %
Debt-to-Equity Ratio	0	0	−0,01	0
Operating Profit Margin	−10,89 %	27,92 %	6,6 %	18,63 %
Current Ratio	5,05	3,53	2,94	3
Quick Ratio	5,05	3,53	2,94	3
Equity Ratio	0,85	0,77	0,76	0,78
Gross Profit Margin	88,96 %	75,31 %	43,5 %	70,27 %