FITLAND AS

1831 ASKIM

Finances

Return on Equity

25 %

Current Ratio

0,21

Debt-to-Equity Ratio

−122,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−8 000	−8 000	−7 000	−14 000
Total Assets	3 902 000	3 902 000	3 902 000	3 902 000
Total Equity	−32 000	−24 000	−17 000	−9 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	8 000	8 000	8 000	14 000
Operating Profit	−8 000	−8 000	−8 000	−14 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−8 000	−8 000	−7 000	−14 000
Tax	0	0	0	0
Net Income	−8 000	−8 000	−7 000	−14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 897 000	3 897 000	3 897 000	3 897 000
Total Current Assets	5 000	5 000	5 000	5 000
Total Assets	3 902 000	3 902 000	3 902 000	3 902 000
Total Retained Equity	−62 000	−54 000	−47 000	−39 000
Total Equity	−32 000	−24 000	−17 000	−9 000
Total Long-Term Debt	3 910 000	3 910 000	3 910 000	3 910 000
Total Current Debt	24 000	17 000	9 000	2 000
Total Equity and Debt	3 902 000	3 902 000	3 902 000	3 902 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	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	8 000	8 000	8 000	14 000
Operating Profit	−8 000	−8 000	−8 000	−14 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−8 000	−8 000	−7 000	−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	3 897 000	3 897 000	3 897 000	3 897 000
Total Fixed Assets	3 897 000	3 897 000	3 897 000	3 897 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 000	5 000	5 000	5 000
Total Current Assets	5 000	5 000	5 000	5 000
Total Assets	3 902 000	3 902 000	3 902 000	3 902 000
Total Equity	−32 000	−24 000	−17 000	−9 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 910 000	3 910 000	3 910 000	3 910 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	24 000	17 000	9 000	2 000
Total Current Debt	24 000	17 000	9 000	2 000
Total Equity and Debt	3 902 000	3 902 000	3 902 000	3 902 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25 %	33,33 %	41,18 %	155,56 %
Debt-to-Equity Ratio	−122,19	−162,92	−230	−434,44
Operating Profit Margin	-	-	-	-
Current Ratio	0,21	0,29	0,56	2,5
Quick Ratio	0,21	0,29	0,56	2,5
Equity Ratio	−0,01	−0,01	−0	−0
Gross Profit Margin	-	-	-	-