BIKE THE FJORDS AS

5700 VOSS

Finances

Share Ownership

Return on Equity

40 %

Current Ratio

0,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	309 000	512 000	353 000	864 000
Net Income	42 000	−34 000	−179 000	120 000
Total Assets	186 000	383 000	414 000	826 000
Total Equity	105 000	63 000	97 000	276 000

Income (NOK)	2022	2021	2020	2019
Revenue	309 000	512 000	353 000	864 000
Expenditure	256 000	558 000	577 000	728 000
Operating Profit	53 000	−45 000	−224 000	136 000
Financial Income	2 000	2 000	2 000	18 000
Financial Costs	3 000	1 000	7 000	0
Financial Balance	−1 000	1 000	−5 000	18 000
Earnings Before Tax	53 000	−44 000	−229 000	154 000
Tax	11 000	−10 000	−51 000	34 000
Net Income	42 000	−34 000	−179 000	120 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	108 000	149 000	220 000	305 000
Total Current Assets	78 000	233 000	194 000	521 000
Total Assets	186 000	383 000	414 000	826 000
Total Retained Equity	75 000	33 000	67 000	246 000
Total Equity	105 000	63 000	97 000	276 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	81 000	319 000	317 000	550 000
Total Equity and Debt	186 000	383 000	414 000	826 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	273 000	294 000	234 000	847 000
Other Income	36 000	219 000	119 000	16 000
Revenue	309 000	512 000	353 000	864 000
Cost of Goods Sold	55 000	72 000	116 000	276 000
Salary Costs	26 000	213 000	14 000	141 000
Depreciation	60 000	60 000	113 000	139 000
Impairment	0	0	15 000	0
Expenditure	256 000	558 000	577 000	728 000
Operating Profit	53 000	−45 000	−224 000	136 000
Financial Income	2 000	2 000	2 000	18 000
Financial Costs	3 000	1 000	7 000	0
Financial Balance	−1 000	1 000	−5 000	18 000
Dividends	0	0	0	0
Net Income	42 000	−34 000	−179 000	120 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 000	28 000	18 000	6 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	87 000	118 000	182 000	271 000
Fixtures	0	0	20 000	28 000
Total Tangible Assets	87 000	118 000	202 000	299 000
Total Fiancial Fixed Assets	4 000	4 000	0	0
Total Fixed Assets	108 000	149 000	220 000	305 000
Stock	20 000	49 000	45 000	60 000
Total Investments	0	0	0	0
Cash, Bank	53 000	30 000	94 000	33 000
Total Current Assets	78 000	233 000	194 000	521 000
Total Assets	186 000	383 000	414 000	826 000
Total Equity	105 000	63 000	97 000	276 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	18 000	85 000	53 000	53 000
Unpaid Taxes	1 000	7 000	0	21 000
Dividends	0	0	0	0
Other Current Debt	62 000	228 000	264 000	433 000
Total Current Debt	81 000	319 000	317 000	550 000
Total Equity and Debt	186 000	383 000	414 000	826 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40 %	−53,97 %	−184,54 %	43,48 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,15 %	−8,79 %	−63,46 %	15,74 %
Current Ratio	0,96	0,73	0,61	0,95
Quick Ratio	1,28	0,86	0,71	1,06
Equity Ratio	0,56	0,16	0,23	0,33
Gross Profit Margin	82,2 %	85,94 %	67,14 %	68,06 %