ÅSE FAGERVIK ART AS

7715 STEINKJER

Finances

Share Ownership

Return on Equity

63,64 %

Current Ratio

0,54

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	353 000	387 000	616 000	356 000
Net Income	−98 000	−96 000	−49 000	−11 000
Total Assets	342 000	444 000	554 000	347 000
Total Equity	−154 000	−56 000	41 000	85 000

Income (NOK)	2022	2021	2020	2019
Revenue	353 000	387 000	616 000	356 000
Expenditure	452 000	484 000	663 000	355 000
Operating Profit	−97 000	−97 000	−47 000	1 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	1 000	0
Financial Balance	−1 000	0	−1 000	0
Earnings Before Tax	−98 000	−97 000	−48 000	1 000
Tax	0	−1 000	1 000	12 000
Net Income	−98 000	−96 000	−49 000	−11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	74 000	84 000	94 000	9 000
Total Current Assets	269 000	360 000	461 000	338 000
Total Assets	342 000	444 000	554 000	347 000
Total Retained Equity	−184 000	−86 000	11 000	55 000
Total Equity	−154 000	−56 000	41 000	85 000
Total Long-Term Debt	0	0	1 000	9 000
Total Current Debt	496 000	499 000	513 000	253 000
Total Equity and Debt	342 000	444 000	554 000	347 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	331 000	373 000	616 000	356 000
Other Income	22 000	14 000	0	0
Revenue	353 000	387 000	616 000	356 000
Cost of Goods Sold	186 000	121 000	253 000	71 000
Salary Costs	2 000	4 000	0	12 000
Depreciation	10 000	10 000	5 000	0
Impairment	0	0	0	0
Expenditure	452 000	484 000	663 000	355 000
Operating Profit	−97 000	−97 000	−47 000	1 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	1 000	0
Financial Balance	−1 000	0	−1 000	0
Dividends	0	0	0	0
Net Income	−98 000	−96 000	−49 000	−11 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	9 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	25 000	35 000	45 000	0
Total Tangible Assets	25 000	35 000	45 000	0
Total Fiancial Fixed Assets	49 000	49 000	49 000	0
Total Fixed Assets	74 000	84 000	94 000	9 000
Stock	250 000	292 000	253 000	239 000
Total Investments	0	0	0	0
Cash, Bank	18 000	56 000	169 000	49 000
Total Current Assets	269 000	360 000	461 000	338 000
Total Assets	342 000	444 000	554 000	347 000
Total Equity	−154 000	−56 000	41 000	85 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	9 000
Creditors	23 000	7 000	22 000	26 000
Unpaid Taxes	6 000	10 000	37 000	−1 000
Dividends	0	0	0	0
Other Current Debt	468 000	482 000	454 000	225 000
Total Current Debt	496 000	499 000	513 000	253 000
Total Equity and Debt	342 000	444 000	554 000	347 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,64 %	171,43 %	−119,51 %	−12,94 %
Debt-to-Equity Ratio	−0	−0	0,02	0,11
Operating Profit Margin	−27,48 %	−25,06 %	−7,63 %	0,28 %
Current Ratio	0,54	0,72	0,9	1,34
Quick Ratio	1,09	1,74	1,77	24,14
Equity Ratio	−0,45	−0,13	0,07	0,24
Gross Profit Margin	47,31 %	68,73 %	58,93 %	80,06 %