FIRKANT AS

1473 LØRENSKOG

Finances

Share Ownership

Return on Equity

1 900 %

Current Ratio

2,44

Debt-to-Equity Ratio

−420

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 375 000	1 969 000	2 269 000	2 132 000
Net Income	−19 000	−156 000	67 000	−62 000
Total Assets	709 000	710 000	736 000	787 000
Total Equity	−1 000	18 000	174 000	107 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 375 000	1 969 000	2 269 000	2 132 000
Expenditure	2 377 000	2 115 000	2 182 000	2 202 000
Operating Profit	−3 000	−147 000	88 000	−71 000
Financial Income	0	0	1 000	0
Financial Costs	16 000	6 000	3 000	9 000
Financial Balance	−16 000	−6 000	−2 000	−9 000
Earnings Before Tax	−19 000	−153 000	85 000	−79 000
Tax	0	3 000	19 000	−17 000
Net Income	−19 000	−156 000	67 000	−62 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	19 000	56 000	111 000
Total Current Assets	709 000	691 000	680 000	676 000
Total Assets	709 000	710 000	736 000	787 000
Total Retained Equity	−31 000	−12 000	144 000	77 000
Total Equity	−1 000	18 000	174 000	107 000
Total Long-Term Debt	420 000	484 000	357 000	441 000
Total Current Debt	291 000	208 000	205 000	239 000
Total Equity and Debt	709 000	710 000	736 000	787 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 361 000	1 969 000	2 269 000	2 132 000
Other Income	13 000	0	0	0
Revenue	2 375 000	1 969 000	2 269 000	2 132 000
Cost of Goods Sold	1 201 000	1 028 000	1 063 000	1 105 000
Salary Costs	677 000	543 000	629 000	666 000
Depreciation	19 000	33 000	44 000	37 000
Impairment	0	0	0	0
Expenditure	2 377 000	2 115 000	2 182 000	2 202 000
Operating Profit	−3 000	−147 000	88 000	−71 000
Financial Income	0	0	1 000	0
Financial Costs	16 000	6 000	3 000	9 000
Financial Balance	−16 000	−6 000	−2 000	−9 000
Dividends	0	0	0	0
Net Income	−19 000	−156 000	67 000	−62 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	19 000	53 000	86 000
Total Intangible Assets	0	19 000	56 000	100 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	10 000
Total Tangible Assets	0	0	0	10 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	19 000	56 000	111 000
Stock	593 000	525 000	476 000	588 000
Total Investments	0	0	0	0
Cash, Bank	41 000	150 000	183 000	69 000
Total Current Assets	709 000	691 000	680 000	676 000
Total Assets	709 000	710 000	736 000	787 000
Total Equity	−1 000	18 000	174 000	107 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	420 000	484 000	357 000	441 000
Creditors	64 000	47 000	31 000	82 000
Unpaid Taxes	97 000	72 000	96 000	76 000
Dividends	0	0	0	0
Other Current Debt	130 000	89 000	70 000	81 000
Total Current Debt	291 000	208 000	205 000	239 000
Total Equity and Debt	709 000	710 000	736 000	787 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 900 %	−866,67 %	38,51 %	−57,94 %
Debt-to-Equity Ratio	−420	26,89	2,05	4,12
Operating Profit Margin	−0,13 %	−7,47 %	3,88 %	−3,33 %
Current Ratio	2,44	3,32	3,32	2,83
Quick Ratio	−2,35	−2,18	−2,51	−1,94
Equity Ratio	−0	0,03	0,24	0,14
Gross Profit Margin	49,43 %	47,79 %	53,15 %	48,17 %