FULVIA AS

3187 HORTEN

Finances

Share Ownership

Return on Equity

−18,3 %

Current Ratio

1,99

Debt-to-Equity Ratio

5,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	418 000	331 000	139 000	197 000
Net Income	−514 000	−68 000	−398 000	163 000
Total Assets	19 451 000	15 531 000	7 729 000	6 000
Total Equity	2 808 000	2 808 000	876 000	4 000

Income (NOK)	2022	2021	2020	2019
Revenue	418 000	331 000	139 000	197 000
Expenditure	310 000	244 000	425 000	182 000
Operating Profit	108 000	87 000	−286 000	−72 000
Financial Income	0	0	0	238 000
Financial Costs	622 000	155 000	112 000	3 000
Financial Balance	−622 000	−155 000	−112 000	235 000
Earnings Before Tax	−514 000	−68 000	−398 000	163 000
Tax	0	0	0	0
Net Income	−514 000	−68 000	−398 000	163 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 904 000	15 482 000	7 461 000	0
Total Current Assets	547 000	48 000	268 000	6 000
Total Assets	19 451 000	15 531 000	7 729 000	6 000
Total Retained Equity	−42 000	−42 000	26 000	−336 000
Total Equity	2 808 000	2 808 000	876 000	4 000
Total Long-Term Debt	16 368 000	12 723 000	6 680 000	0
Total Current Debt	275 000	0	173 000	2 000
Total Equity and Debt	19 451 000	15 531 000	7 729 000	6 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	418 000	331 000	139 000	197 000
Other Income	0	0	0	0
Revenue	418 000	331 000	139 000	197 000
Cost of Goods Sold	18 000	24 000	0	64 000
Salary Costs	0	0	0	−37 000
Depreciation	27 000	24 000	16 000	3 000
Impairment	0	0	0	18 000
Expenditure	310 000	244 000	425 000	182 000
Operating Profit	108 000	87 000	−286 000	−72 000
Financial Income	0	0	0	238 000
Financial Costs	622 000	155 000	112 000	3 000
Financial Balance	−622 000	−155 000	−112 000	235 000
Dividends	0	0	0	0
Net Income	−514 000	−68 000	−398 000	163 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	18 853 000	15 432 000	7 461 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	50 000	50 000	0	0
Total Tangible Assets	18 904 000	15 482 000	7 461 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 904 000	15 482 000	7 461 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	33 000	48 000	16 000	1 000
Total Current Assets	547 000	48 000	268 000	6 000
Total Assets	19 451 000	15 531 000	7 729 000	6 000
Total Equity	2 808 000	2 808 000	876 000	4 000
Short-Term Group Debt	187 000	0	0	0
Total Long-Term Debt	16 368 000	12 723 000	6 680 000	0
Creditors	4 000	0	41 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	84 000	0	131 000	0
Total Current Debt	275 000	0	173 000	2 000
Total Equity and Debt	19 451 000	15 531 000	7 729 000	6 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,3 %	−2,42 %	−45,43 %	4 075 %
Debt-to-Equity Ratio	5,83	4,53	7,63	0
Operating Profit Margin	25,84 %	26,28 %	−205,76 %	−36,55 %
Current Ratio	1,99	-	1,55	3
Quick Ratio	1,99	-	1,55	3
Equity Ratio	0,14	0,18	0,11	0,67
Gross Profit Margin	95,69 %	92,75 %	100 %	67,51 %