EXPLORE FINNSKOGEN AS

2283 ÅSNES FINNSKOG

Finances

Share Ownership

Return on Equity

57,33 %

Current Ratio

4,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	73 000	88 000	253 000	85 000
Net Income	43 000	−16 000	−21 000	27 000
Total Assets	94 000	48 000	98 000	83 000
Total Equity	75 000	32 000	48 000	69 000

Income (NOK)	2022	2021	2020	2019
Revenue	73 000	88 000	253 000	85 000
Expenditure	22 000	103 000	279 000	51 000
Operating Profit	51 000	−16 000	−27 000	34 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Earnings Before Tax	51 000	−16 000	−27 000	34 000
Tax	8 000	0	−6 000	8 000
Net Income	43 000	−16 000	−21 000	27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	94 000	48 000	98 000	83 000
Total Assets	94 000	48 000	98 000	83 000
Total Retained Equity	45 000	2 000	18 000	39 000
Total Equity	75 000	32 000	48 000	69 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	19 000	16 000	50 000	14 000
Total Equity and Debt	94 000	48 000	98 000	83 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	73 000	88 000	253 000	85 000
Other Income	0	0	0	0
Revenue	73 000	88 000	253 000	85 000
Cost of Goods Sold	7 000	48 000	107 000	29 000
Salary Costs	15 000	14 000	119 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	22 000	103 000	279 000	51 000
Operating Profit	51 000	−16 000	−27 000	34 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Dividends	0	0	0	0
Net Income	43 000	−16 000	−21 000	27 000

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	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	2 000
Total Investments	0	0	0	0
Cash, Bank	64 000	25 000	92 000	81 000
Total Current Assets	94 000	48 000	98 000	83 000
Total Assets	94 000	48 000	98 000	83 000
Total Equity	75 000	32 000	48 000	69 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	12 000	1 000	0
Unpaid Taxes	3 000	3 000	46 000	6 000
Dividends	0	0	0	0
Other Current Debt	1 000	1 000	3 000	0
Total Current Debt	19 000	16 000	50 000	14 000
Total Equity and Debt	94 000	48 000	98 000	83 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,33 %	−50 %	−43,75 %	39,13 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	69,86 %	−18,18 %	−10,67 %	40 %
Current Ratio	4,95	3	1,96	5,93
Quick Ratio	4,95	3	1,96	6,92
Equity Ratio	0,8	0,67	0,49	0,83
Gross Profit Margin	90,41 %	45,45 %	57,71 %	65,88 %