FUTHARK HOLDING AS

7504 STJØRDAL

Finances

Return on Equity

27,34 %

Current Ratio

1,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 000	66 000	28 000	0
Net Income	79 000	97 000	59 000	14 000
Total Assets	441 000	322 000	213 000	154 000
Total Equity	289 000	211 000	114 000	55 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 000	66 000	28 000	0
Expenditure	29 000	7 000	9 000	6 000
Operating Profit	12 000	59 000	19 000	−6 000
Financial Income	70 000	50 000	40 000	20 000
Financial Costs	0	0	0	0
Financial Balance	70 000	50 000	40 000	20 000
Earnings Before Tax	82 000	109 000	59 000	14 000
Tax	3 000	13 000	0	0
Net Income	79 000	97 000	59 000	14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	199 000	99 000	99 000	99 000
Total Current Assets	242 000	223 000	114 000	55 000
Total Assets	441 000	322 000	213 000	154 000
Total Retained Equity	259 000	181 000	84 000	25 000
Total Equity	289 000	211 000	114 000	55 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	152 000	112 000	99 000	99 000
Total Equity and Debt	441 000	322 000	213 000	154 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 000	66 000	28 000	0
Other Income	0	0	0	0
Revenue	40 000	66 000	28 000	0
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	29 000	7 000	9 000	6 000
Operating Profit	12 000	59 000	19 000	−6 000
Financial Income	70 000	50 000	40 000	20 000
Financial Costs	0	0	0	0
Financial Balance	70 000	50 000	40 000	20 000
Dividends	0	0	0	0
Net Income	79 000	97 000	59 000	14 000

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	199 000	99 000	99 000	99 000
Total Fixed Assets	199 000	99 000	99 000	99 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	216 000	207 000	89 000	50 000
Total Current Assets	242 000	223 000	114 000	55 000
Total Assets	441 000	322 000	213 000	154 000
Total Equity	289 000	211 000	114 000	55 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	149 000	99 000	99 000	99 000
Total Current Debt	152 000	112 000	99 000	99 000
Total Equity and Debt	441 000	322 000	213 000	154 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,34 %	45,97 %	51,75 %	25,45 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	30 %	89,39 %	67,86 %	-
Current Ratio	1,59	1,99	1,15	0,56
Quick Ratio	1,59	1,99	1,15	0,56
Equity Ratio	0,66	0,66	0,54	0,36
Gross Profit Margin	100 %	100 %	100 %	-