FJORDGLØTT SNEKKERVERKSTED AS

3940 PORSGRUNN

Finances

Share Ownership

Return on Equity

−50,59 %

Current Ratio

2,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 322 000	3 190 000	3 634 000	3 355 000
Net Income	−1 198 000	4 260 000	−224 000	340 000
Total Assets	3 138 000	5 293 000	1 020 000	1 280 000
Total Equity	2 368 000	4 407 000	146 000	370 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 322 000	3 190 000	3 634 000	3 355 000
Expenditure	4 524 000	3 627 000	3 873 000	2 918 000
Operating Profit	−1 202 000	−438 000	−239 000	437 000
Financial Income	4 000	4 704 000	0	0
Financial Costs	0	5 000	0	0
Financial Balance	4 000	4 699 000	0	0
Earnings Before Tax	−1 198 000	4 260 000	−239 000	437 000
Tax	0	0	−15 000	98 000
Net Income	−1 198 000	4 260 000	−224 000	340 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	884 000	94 000	308 000	378 000
Total Current Assets	2 254 000	5 200 000	712 000	903 000
Total Assets	3 138 000	5 293 000	1 020 000	1 280 000
Total Retained Equity	2 338 000	4 377 000	116 000	340 000
Total Equity	2 368 000	4 407 000	146 000	370 000
Total Long-Term Debt	0	0	0	15 000
Total Current Debt	770 000	887 000	874 000	895 000
Total Equity and Debt	3 138 000	5 293 000	1 020 000	1 280 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 081 000	3 136 000	3 587 000	3 355 000
Other Income	242 000	54 000	47 000	0
Revenue	3 322 000	3 190 000	3 634 000	3 355 000
Cost of Goods Sold	1 677 000	1 493 000	1 679 000	1 306 000
Salary Costs	1 972 000	1 632 000	1 629 000	1 251 000
Depreciation	53 000	21 000	13 000	5 000
Impairment	0	0	0	0
Expenditure	4 524 000	3 627 000	3 873 000	2 918 000
Operating Profit	−1 202 000	−438 000	−239 000	437 000
Financial Income	4 000	4 704 000	0	0
Financial Costs	0	5 000	0	0
Financial Balance	4 000	4 699 000	0	0
Dividends	840 000	0	0	0
Net Income	−1 198 000	4 260 000	−224 000	340 000

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	684 000	94 000	71 000	35 000
Total Tangible Assets	684 000	94 000	71 000	35 000
Total Fiancial Fixed Assets	200 000	0	237 000	343 000
Total Fixed Assets	884 000	94 000	308 000	378 000
Stock	185 000	64 000	25 000	29 000
Total Investments	0	0	0	0
Cash, Bank	1 545 000	4 951 000	513 000	718 000
Total Current Assets	2 254 000	5 200 000	712 000	903 000
Total Assets	3 138 000	5 293 000	1 020 000	1 280 000
Total Equity	2 368 000	4 407 000	146 000	370 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	15 000
Creditors	272 000	59 000	53 000	39 000
Unpaid Taxes	283 000	206 000	195 000	269 000
Dividends	840 000	0	0	0
Other Current Debt	214 000	622 000	626 000	587 000
Total Current Debt	770 000	887 000	874 000	895 000
Total Equity and Debt	3 138 000	5 293 000	1 020 000	1 280 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−50,59 %	96,66 %	−153,42 %	91,89 %
Debt-to-Equity Ratio	0	0	0	0,04
Operating Profit Margin	−36,18 %	−13,73 %	−6,58 %	13,03 %
Current Ratio	2,93	5,86	0,81	1,01
Quick Ratio	3,85	6,32	0,84	1,04
Equity Ratio	0,75	0,83	0,14	0,29
Gross Profit Margin	49,52 %	53,2 %	53,8 %	61,07 %