FESTO MONTASJE AS

4085 HUNDVÅG

Finances

Share Ownership

Return on Equity

−103,9 %

Current Ratio

0,74

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	877 000	713 000	575 000	478 000
Net Income	80 000	−176 000	−10 000	−87 000
Total Assets	222 000	64 000	110 000	52 000
Total Equity	−77 000	−157 000	19 000	29 000

Income (NOK)	2022	2021	2020	2019
Revenue	877 000	713 000	575 000	478 000
Expenditure	796 000	889 000	584 000	566 000
Operating Profit	80 000	−176 000	−10 000	−87 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	80 000	−176 000	−10 000	−87 000
Tax	0	0	0	0
Net Income	80 000	−176 000	−10 000	−87 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	222 000	64 000	110 000	52 000
Total Assets	222 000	64 000	110 000	52 000
Total Retained Equity	−157 000	−232 000	−56 000	−46 000
Total Equity	−77 000	−157 000	19 000	29 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	299 000	221 000	91 000	23 000
Total Equity and Debt	222 000	64 000	110 000	52 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	877 000	713 000	575 000	451 000
Other Income	0	0	0	27 000
Revenue	877 000	713 000	575 000	478 000
Cost of Goods Sold	366 000	567 000	296 000	314 000
Salary Costs	289 000	151 000	132 000	82 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	796 000	889 000	584 000	566 000
Operating Profit	80 000	−176 000	−10 000	−87 000
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	80 000	−176 000	−10 000	−87 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	8 000	7 000	5 000	3 000
Total Investments	0	0	0	0
Cash, Bank	140 000	50 000	64 000	42 000
Total Current Assets	222 000	64 000	110 000	52 000
Total Assets	222 000	64 000	110 000	52 000
Total Equity	−77 000	−157 000	19 000	29 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	66 000	128 000	3 000	20 000
Unpaid Taxes	113 000	−2 000	31 000	3 000
Dividends	0	0	0	0
Other Current Debt	133 000	109 000	72 000	14 000
Total Current Debt	299 000	221 000	91 000	23 000
Total Equity and Debt	222 000	64 000	110 000	52 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−103,9 %	112,1 %	−52,63 %	−300 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	9,12 %	−24,68 %	−1,74 %	−18,2 %
Current Ratio	0,74	0,29	1,21	2,26
Quick Ratio	0,76	0,3	1,28	2,6
Equity Ratio	−0,35	−2,45	0,17	0,56
Gross Profit Margin	58,27 %	20,48 %	48,52 %	34,31 %