FINNPROSJEKT AS

7010 TRONDHEIM

Finances

Share Ownership

Return on Equity

9,75 %

Current Ratio

1,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 132 000	1 650 000	910 000	788 000
Net Income	97 000	213 000	333 000	6 000
Total Assets	2 180 000	1 567 000	1 156 000	492 000
Total Equity	995 000	898 000	685 000	352 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 132 000	1 650 000	910 000	788 000
Expenditure	2 008 000	1 376 000	529 000	781 000
Operating Profit	125 000	274 000	381 000	7 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	1 000	−1 000
Earnings Before Tax	125 000	273 000	382 000	6 000
Tax	27 000	60 000	49 000	0
Net Income	97 000	213 000	333 000	6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	78 000	153 000	200 000
Total Current Assets	2 180 000	1 489 000	1 003 000	292 000
Total Assets	2 180 000	1 567 000	1 156 000	492 000
Total Retained Equity	965 000	868 000	655 000	322 000
Total Equity	995 000	898 000	685 000	352 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 184 000	669 000	471 000	141 000
Total Equity and Debt	2 180 000	1 567 000	1 156 000	492 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 132 000	1 650 000	910 000	788 000
Other Income	0	0	0	0
Revenue	2 132 000	1 650 000	910 000	788 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 705 000	1 234 000	147 000	647 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 008 000	1 376 000	529 000	781 000
Operating Profit	125 000	274 000	381 000	7 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	1 000	−1 000
Dividends	0	0	0	0
Net Income	97 000	213 000	333 000	6 000

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	0	78 000	153 000	200 000
Total Fixed Assets	0	78 000	153 000	200 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 970 000	1 230 000	941 000	282 000
Total Current Assets	2 180 000	1 489 000	1 003 000	292 000
Total Assets	2 180 000	1 567 000	1 156 000	492 000
Total Equity	995 000	898 000	685 000	352 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	1 000	10 000	2 000
Unpaid Taxes	98 000	115 000	88 000	25 000
Dividends	0	0	0	0
Other Current Debt	1 059 000	493 000	324 000	114 000
Total Current Debt	1 184 000	669 000	471 000	141 000
Total Equity and Debt	2 180 000	1 567 000	1 156 000	492 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,75 %	23,72 %	48,61 %	1,7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,86 %	16,61 %	41,87 %	0,89 %
Current Ratio	1,84	2,23	2,13	2,07
Quick Ratio	1,84	2,23	2,13	2,07
Equity Ratio	0,46	0,57	0,59	0,72
Gross Profit Margin	100 %	100 %	100 %	100 %