FJELL SNOWBOARDS AS

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

425 %

Current Ratio

2,08

Debt-to-Equity Ratio

81,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	972 000	830 000	466 000	417 000
Net Income	51 000	−60 000	−103 000	−60 000
Total Assets	1 698 000	1 719 000	560 000	790 000
Total Equity	12 000	−139 000	−277 000	−174 000

Income (NOK)	2022	2021	2020	2019
Revenue	972 000	830 000	466 000	417 000
Expenditure	705 000	1 527 000	333 000	415 000
Operating Profit	107 000	−5 000	−37 000	2 000
Financial Income	0	0	0	0
Financial Costs	56 000	55 000	67 000	62 000
Financial Balance	−56 000	−55 000	−67 000	−62 000
Earnings Before Tax	51 000	−60 000	−103 000	−60 000
Tax	0	0	0	0
Net Income	51 000	−60 000	−103 000	−60 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	226 000	188 000	0	0
Total Current Assets	1 473 000	1 531 000	560 000	790 000
Total Assets	1 698 000	1 719 000	560 000	790 000
Total Retained Equity	−316 000	−367 000	−307 000	−204 000
Total Equity	12 000	−139 000	−277 000	−174 000
Total Long-Term Debt	980 000	964 000	306 000	389 000
Total Current Debt	707 000	894 000	530 000	575 000
Total Equity and Debt	1 698 000	1 719 000	560 000	790 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	972 000	830 000	466 000	389 000
Other Income	0	0	0	28 000
Revenue	972 000	830 000	466 000	417 000
Cost of Goods Sold	223 000	1 165 000	194 000	196 000
Salary Costs	42 000	0	0	0
Depreciation	31 000	6 000	0	0
Impairment	0	0	0	0
Expenditure	705 000	1 527 000	333 000	415 000
Operating Profit	107 000	−5 000	−37 000	2 000
Financial Income	0	0	0	0
Financial Costs	56 000	55 000	67 000	62 000
Financial Balance	−56 000	−55 000	−67 000	−62 000
Dividends	0	0	0	0
Net Income	51 000	−60 000	−103 000	−60 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	218 000	175 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	7 000	13 000	0	0
Total Tangible Assets	7 000	13 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	226 000	188 000	0	0
Stock	841 000	1 001 000	308 000	479 000
Total Investments	0	0	0	0
Cash, Bank	0	2 000	0	0
Total Current Assets	1 473 000	1 531 000	560 000	790 000
Total Assets	1 698 000	1 719 000	560 000	790 000
Total Equity	12 000	−139 000	−277 000	−174 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	980 000	964 000	306 000	389 000
Creditors	299 000	392 000	120 000	246 000
Unpaid Taxes	15 000	77 000	1 000	0
Dividends	0	0	0	0
Other Current Debt	30 000	24 000	46 000	47 000
Total Current Debt	707 000	894 000	530 000	575 000
Total Equity and Debt	1 698 000	1 719 000	560 000	790 000

Financial indicators	2022	2021	2020	2019
Return on Equity	425 %	43,17 %	37,18 %	34,48 %
Debt-to-Equity Ratio	81,67	−6,94	−1,1	−2,24
Operating Profit Margin	11,01 %	−0,6 %	−7,94 %	0,48 %
Current Ratio	2,08	1,71	1,06	1,37
Quick Ratio	−10,99	−14,31	2,52	8,23
Equity Ratio	0,01	−0,08	−0,49	−0,22
Gross Profit Margin	77,06 %	−40,36 %	58,37 %	53 %