FASTLANE TECHNOLOGIES AS

3261 LARVIK

Finances

Share Ownership

Return on Equity

166,59 %

Current Ratio

0,35

Debt-to-Equity Ratio

−14,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 398 000	14 320 000	17 260 000	25 944 000
Net Income	−753 000	581 000	−72 000	5 000
Total Assets	15 439 000	13 741 000	7 140 000	8 342 000
Total Equity	−452 000	301 000	720 000	793 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 398 000	14 320 000	17 260 000	25 944 000
Expenditure	21 844 000	13 282 000	17 205 000	26 064 000
Operating Profit	−446 000	1 039 000	55 000	79 000
Financial Income	71 000	2 000	4 000	20 000
Financial Costs	569 000	294 000	70 000	93 000
Financial Balance	−498 000	−292 000	−66 000	−73 000
Earnings Before Tax	−945 000	747 000	−11 000	6 000
Tax	−193 000	166 000	61 000	1 000
Net Income	−753 000	581 000	−72 000	5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 277 000	7 946 000	2 162 000	890 000
Total Current Assets	3 162 000	5 795 000	4 978 000	7 452 000
Total Assets	15 439 000	13 741 000	7 140 000	8 342 000
Total Retained Equity	−552 000	201 000	620 000	693 000
Total Equity	−452 000	301 000	720 000	793 000
Total Long-Term Debt	6 763 000	6 267 000	401 000	314 000
Total Current Debt	9 128 000	7 173 000	6 019 000	7 235 000
Total Equity and Debt	15 439 000	13 741 000	7 140 000	8 342 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 377 000	13 960 000	14 951 000	25 944 000
Other Income	21 000	360 000	2 309 000	0
Revenue	21 398 000	14 320 000	17 260 000	25 944 000
Cost of Goods Sold	7 818 000	2 634 000	4 185 000	16 155 000
Salary Costs	9 762 000	7 251 000	8 560 000	6 060 000
Depreciation	704 000	298 000	193 000	146 000
Impairment	0	0	0	0
Expenditure	21 844 000	13 282 000	17 205 000	26 064 000
Operating Profit	−446 000	1 039 000	55 000	79 000
Financial Income	71 000	2 000	4 000	20 000
Financial Costs	569 000	294 000	70 000	93 000
Financial Balance	−498 000	−292 000	−66 000	−73 000
Dividends	0	1 000 000	0	0
Net Income	−753 000	581 000	−72 000	5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	149 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	10 001 000	5 919 000	1 930 000	0
Fixtures	0	178 000	232 000	271 000
Total Tangible Assets	10 001 000	6 097 000	2 162 000	271 000
Total Fiancial Fixed Assets	2 276 000	1 849 000	0	470 000
Total Fixed Assets	12 277 000	7 946 000	2 162 000	890 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	397 000	452 000	438 000	272 000
Total Current Assets	3 162 000	5 795 000	4 978 000	7 452 000
Total Assets	15 439 000	13 741 000	7 140 000	8 342 000
Total Equity	−452 000	301 000	720 000	793 000
Short-Term Group Debt	0	0	752 000	0
Total Long-Term Debt	6 763 000	6 267 000	401 000	314 000
Creditors	2 486 000	1 670 000	1 285 000	3 967 000
Unpaid Taxes	1 174 000	1 778 000	895 000	1 696 000
Dividends	0	1 000 000	0	0
Other Current Debt	2 517 000	1 074 000	1 101 000	1 185 000
Total Current Debt	9 128 000	7 173 000	6 019 000	7 235 000
Total Equity and Debt	15 439 000	13 741 000	7 140 000	8 342 000

Financial indicators	2022	2021	2020	2019
Return on Equity	166,59 %	193,02 %	−10 %	0,63 %
Debt-to-Equity Ratio	−14,96	20,82	0,56	0,4
Operating Profit Margin	−2,08 %	7,26 %	0,32 %	0,3 %
Current Ratio	0,35	0,81	0,83	1,03
Quick Ratio	0,35	0,81	0,83	1,03
Equity Ratio	−0,03	0,02	0,1	0,1
Gross Profit Margin	63,46 %	81,61 %	75,75 %	37,73 %