FJORDALG AS

6884 ØVRE ÅRDAL

Finances

Share Ownership

Return on Equity

−211,3 %

Current Ratio

1,42

Debt-to-Equity Ratio

2,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 902 000	627 000	2 615 000	523 000
Net Income	−860 000	−2 499 000	224 000	−526 000
Total Assets	3 871 000	3 211 000	4 060 000	265 000
Total Equity	407 000	1 267 000	−235 000	−459 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 902 000	627 000	2 615 000	523 000
Expenditure	8 693 000	3 121 000	2 399 000	1 048 000
Operating Profit	−790 000	−2 494 000	217 000	−526 000
Financial Income	2 000	4 000	7 000	0
Financial Costs	72 000	10 000	0	0
Financial Balance	−70 000	−6 000	7 000	0
Earnings Before Tax	−860 000	−2 499 000	224 000	−526 000
Tax	0	0	0	0
Net Income	−860 000	−2 499 000	224 000	−526 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	362 000	0	0	0
Total Current Assets	3 509 000	3 211 000	4 060 000	265 000
Total Assets	3 871 000	3 211 000	4 060 000	265 000
Total Retained Equity	−294 000	−3 235 000	−735 000	−959 000
Total Equity	407 000	1 267 000	−235 000	−459 000
Total Long-Term Debt	1 000 000	1 000 000	1 000 000	0
Total Current Debt	2 464 000	944 000	3 296 000	725 000
Total Equity and Debt	3 871 000	3 211 000	4 060 000	265 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	373 000	25 000	87 000	523 000
Other Income	7 529 000	602 000	2 529 000	0
Revenue	7 902 000	627 000	2 615 000	523 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 745 000	1 527 000	1 084 000	61 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	8 693 000	3 121 000	2 399 000	1 048 000
Operating Profit	−790 000	−2 494 000	217 000	−526 000
Financial Income	2 000	4 000	7 000	0
Financial Costs	72 000	10 000	0	0
Financial Balance	−70 000	−6 000	7 000	0
Dividends	0	0	0	0
Net Income	−860 000	−2 499 000	224 000	−526 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	242 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	120 000	0	0	0
Total Tangible Assets	120 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	362 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 234 000	3 109 000	3 939 000	155 000
Total Current Assets	3 509 000	3 211 000	4 060 000	265 000
Total Assets	3 871 000	3 211 000	4 060 000	265 000
Total Equity	407 000	1 267 000	−235 000	−459 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000 000	1 000 000	1 000 000	0
Creditors	1 384 000	147 000	413 000	4 000
Unpaid Taxes	150 000	162 000	97 000	22 000
Dividends	0	0	0	0
Other Current Debt	931 000	636 000	2 786 000	699 000
Total Current Debt	2 464 000	944 000	3 296 000	725 000
Total Equity and Debt	3 871 000	3 211 000	4 060 000	265 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−211,3 %	−197,24 %	−95,32 %	114,6 %
Debt-to-Equity Ratio	2,46	0,79	−4,26	−0
Operating Profit Margin	−10 %	−397,77 %	8,3 %	−100,57 %
Current Ratio	1,42	3,4	1,23	0,37
Quick Ratio	1,42	3,4	1,23	0,37
Equity Ratio	0,11	0,39	−0,06	−1,73
Gross Profit Margin	100 %	100 %	100 %	100 %