FINTECH AS

7900 RØRVIK

Finances

Share Ownership

Return on Equity

52,97 %

Current Ratio

5,32

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	279 000	220 000	0	−34 000
Net Income	214 000	217 000	−6 000	−199 000
Total Assets	527 000	222 000	14 000	18 000
Total Equity	404 000	190 000	−28 000	−120 000

Income (NOK)	2022	2021	2020	2019
Revenue	279 000	220 000	0	−34 000
Expenditure	5 000	5 000	6 000	164 000
Operating Profit	274 000	215 000	−6 000	−198 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	2 000
Financial Balance	0	0	0	−2 000
Earnings Before Tax	274 000	215 000	−6 000	−199 000
Tax	60 000	−2 000	0	0
Net Income	214 000	217 000	−6 000	−199 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	527 000	222 000	14 000	18 000
Total Assets	527 000	222 000	14 000	18 000
Total Retained Equity	364 000	150 000	−68 000	−160 000
Total Equity	404 000	190 000	−28 000	−120 000
Total Long-Term Debt	24 000	23 000	2 000	1 000
Total Current Debt	99 000	10 000	39 000	137 000
Total Equity and Debt	527 000	222 000	14 000	18 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	279 000	220 000	0	0
Other Income	0	0	0	−34 000
Revenue	279 000	220 000	0	−34 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 000	5 000	6 000	164 000
Operating Profit	274 000	215 000	−6 000	−198 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	2 000
Financial Balance	0	0	0	−2 000
Dividends	0	0	0	0
Net Income	214 000	217 000	−6 000	−199 000

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	0
Total Investments	0	0	0	0
Cash, Bank	7 000	42 000	0	4 000
Total Current Assets	527 000	222 000	14 000	18 000
Total Assets	527 000	222 000	14 000	18 000
Total Equity	404 000	190 000	−28 000	−120 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	24 000	23 000	2 000	1 000
Creditors	0	0	2 000	2 000
Unpaid Taxes	0	−1 000	−1 000	−1 000
Dividends	0	0	0	0
Other Current Debt	60 000	1 000	12 000	111 000
Total Current Debt	99 000	10 000	39 000	137 000
Total Equity and Debt	527 000	222 000	14 000	18 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,97 %	114,21 %	21,43 %	165,83 %
Debt-to-Equity Ratio	0,06	0,12	−0,07	−0,01
Operating Profit Margin	98,21 %	97,73 %	-	582,35 %
Current Ratio	5,32	22,2	0,36	0,13
Quick Ratio	5,32	22,2	0,36	0,13
Equity Ratio	0,77	0,86	−2	−6,67
Gross Profit Margin	100 %	100 %	-	100 %