FIRESPEAR PROTECTION SYSTEMS AS

3221 SANDEFJORD

Finances

Share Ownership

Return on Equity

104,38 %

Current Ratio

0,69

Debt-to-Equity Ratio

−1

Key figures (NOK)	2021	2020	2019	2018
Revenue	80 000	0	0	0
Net Income	−9 386 000	−30 000	−30 000	−33 000
Total Assets	2 546 000	445 000	459 000	473 000
Total Equity	−8 992 000	394 000	424 000	454 000

Income (NOK)	2021	2020	2019	2018
Revenue	80 000	0	0	0
Expenditure	9 466 000	30 000	30 000	33 000
Operating Profit	−9 386 000	−30 000	−30 000	−33 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−9 386 000	−30 000	−30 000	−33 000
Tax	0	0	0	0
Net Income	−9 386 000	−30 000	−30 000	−33 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	765 000	22 000	36 000	50 000
Total Current Assets	1 781 000	422 000	423 000	423 000
Total Assets	2 546 000	445 000	459 000	473 000
Total Retained Equity	−9 492 000	−106 000	−76 000	−46 000
Total Equity	−8 992 000	394 000	424 000	454 000
Total Long-Term Debt	8 975 000	0	0	0
Total Current Debt	2 563 000	50 000	35 000	19 000
Total Equity and Debt	2 546 000	445 000	459 000	473 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	80 000	0	0	0
Other Income	0	0	0	0
Revenue	80 000	0	0	0
Cost of Goods Sold	4 893 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	14 000	14 000	14 000	14 000
Impairment	0	0	0	0
Expenditure	9 466 000	30 000	30 000	33 000
Operating Profit	−9 386 000	−30 000	−30 000	−33 000
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	−9 386 000	−30 000	−30 000	−33 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	10 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 000	22 000	36 000	50 000
Total Tangible Assets	8 000	22 000	36 000	50 000
Total Fiancial Fixed Assets	747 000	0	0	0
Total Fixed Assets	765 000	22 000	36 000	50 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	163 000	0	0	0
Total Current Assets	1 781 000	422 000	423 000	423 000
Total Assets	2 546 000	445 000	459 000	473 000
Total Equity	−8 992 000	394 000	424 000	454 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 975 000	0	0	0
Creditors	2 095 000	0	0	0
Unpaid Taxes	−133 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	602 000	50 000	35 000	19 000
Total Current Debt	2 563 000	50 000	35 000	19 000
Total Equity and Debt	2 546 000	445 000	459 000	473 000

Financial indicators	2021	2020	2019	2018
Return on Equity	104,38 %	−7,61 %	−7,08 %	−7,27 %
Debt-to-Equity Ratio	−1	0	0	0
Operating Profit Margin	−11 732,5 %	-	-	-
Current Ratio	0,69	8,44	12,09	22,26
Quick Ratio	0,69	8,44	12,09	22,26
Equity Ratio	−3,53	0,89	0,92	0,96
Gross Profit Margin	−6 016,25 %	-	-	-