FJORD PANEL AS

5962 BJORDAL

Finances

Share Ownership

Return on Equity

−99,38 %

Current Ratio

2,29

Debt-to-Equity Ratio

2,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	365 000	1 146 000	807 000	1 083 000
Net Income	−318 000	−510 000	−112 000	−1 301 000
Total Assets	1 567 000	1 475 000	3 359 000	2 530 000
Total Equity	320 000	158 000	668 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	365 000	1 146 000	807 000	1 083 000
Expenditure	936 000	1 651 000	879 000	2 535 000
Operating Profit	−555 000	−504 000	−72 000	−1 452 000
Financial Income	276 000	2 000	1 000	0
Financial Costs	39 000	8 000	41 000	38 000
Financial Balance	237 000	−6 000	−40 000	−38 000
Earnings Before Tax	−318 000	−510 000	−112 000	−1 490 000
Tax	0	0	0	−189 000
Net Income	−318 000	−510 000	−112 000	−1 301 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	197 000	311 000	230 000	312 000
Total Current Assets	1 370 000	1 164 000	3 129 000	2 219 000
Total Assets	1 567 000	1 475 000	3 359 000	2 530 000
Total Retained Equity	−190 000	128 000	638 000	0
Total Equity	320 000	158 000	668 000	30 000
Total Long-Term Debt	650 000	150 000	928 000	708 000
Total Current Debt	598 000	1 167 000	1 764 000	1 792 000
Total Equity and Debt	1 567 000	1 475 000	3 359 000	2 530 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	365 000	1 146 000	601 000	1 083 000
Other Income	0	0	206 000	0
Revenue	365 000	1 146 000	807 000	1 083 000
Cost of Goods Sold	683 000	837 000	594 000	1 438 000
Salary Costs	2 000	506 000	0	0
Depreciation	114 000	84 000	81 000	81 000
Impairment	0	0	0	0
Expenditure	936 000	1 651 000	879 000	2 535 000
Operating Profit	−555 000	−504 000	−72 000	−1 452 000
Financial Income	276 000	2 000	1 000	0
Financial Costs	39 000	8 000	41 000	38 000
Financial Balance	237 000	−6 000	−40 000	−38 000
Dividends	0	0	0	0
Net Income	−318 000	−510 000	−112 000	−1 301 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	197 000	311 000	230 000	312 000
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	197 000	311 000	230 000	312 000
Stock	530 000	514 000	493 000	371 000
Total Investments	0	0	0	0
Cash, Bank	100 000	92 000	246 000	140 000
Total Current Assets	1 370 000	1 164 000	3 129 000	2 219 000
Total Assets	1 567 000	1 475 000	3 359 000	2 530 000
Total Equity	320 000	158 000	668 000	30 000
Short-Term Group Debt	0	24 000	0	2 000
Total Long-Term Debt	650 000	150 000	928 000	708 000
Creditors	505 000	1 064 000	1 746 000	1 769 000
Unpaid Taxes	74 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	18 000	78 000	18 000	22 000
Total Current Debt	598 000	1 167 000	1 764 000	1 792 000
Total Equity and Debt	1 567 000	1 475 000	3 359 000	2 530 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−99,38 %	−322,78 %	−16,77 %	−4 336,67 %
Debt-to-Equity Ratio	2,03	0,95	1,39	23,6
Operating Profit Margin	−152,05 %	−43,98 %	−8,92 %	−134,07 %
Current Ratio	2,29	1	1,77	1,24
Quick Ratio	20,15	1,78	2,46	1,56
Equity Ratio	0,2	0,11	0,2	0,01
Gross Profit Margin	−87,12 %	26,96 %	26,39 %	−32,78 %