FANGST AS

1482 NITTEDAL

Finances

Share Ownership

Return on Equity

−39,63 %

Current Ratio

4,17

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	61 000	3 874 000	2 659 000	212 000
Net Income	−921 000	791 000	−1 882 000	−156 000
Total Assets	2 790 000	4 263 000	9 586 000	10 225 000
Total Equity	2 324 000	3 244 000	1 566 000	1 788 000

Income (NOK)	2022	2021	2020	2019
Revenue	61 000	3 874 000	2 659 000	212 000
Expenditure	1 023 000	2 680 000	4 929 000	397 000
Operating Profit	−962 000	1 193 000	−2 271 000	−184 000
Financial Income	40 000	12 000	2 000	1 000
Financial Costs	0	192 000	144 000	16 000
Financial Balance	40 000	−180 000	−142 000	−15 000
Earnings Before Tax	−922 000	1 014 000	−2 413 000	−200 000
Tax	−2 000	223 000	−531 000	−44 000
Net Income	−921 000	791 000	−1 882 000	−156 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 352 000	1 272 000	7 008 000	8 777 000
Total Current Assets	438 000	2 991 000	2 578 000	1 448 000
Total Assets	2 790 000	4 263 000	9 586 000	10 225 000
Total Retained Equity	1 021 000	1 941 000	263 000	485 000
Total Equity	2 324 000	3 244 000	1 566 000	1 788 000
Total Long-Term Debt	362 000	452 000	7 770 000	2 057 000
Total Current Debt	105 000	567 000	250 000	6 381 000
Total Equity and Debt	2 790 000	4 263 000	9 586 000	10 225 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	61 000	1 435 000	2 559 000	212 000
Other Income	0	2 439 000	100 000	0
Revenue	61 000	3 874 000	2 659 000	212 000
Cost of Goods Sold	22 000	310 000	541 000	50 000
Salary Costs	0	974 000	1 867 000	89 000
Depreciation	6 000	220 000	189 000	63 000
Impairment	940 000	0	0	0
Expenditure	1 023 000	2 680 000	4 929 000	397 000
Operating Profit	−962 000	1 193 000	−2 271 000	−184 000
Financial Income	40 000	12 000	2 000	1 000
Financial Costs	0	192 000	144 000	16 000
Financial Balance	40 000	−180 000	−142 000	−15 000
Dividends	0	0	0	0
Net Income	−921 000	791 000	−1 882 000	−156 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	300 000	1 240 000	5 161 000	7 040 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	97 000	0
Total Tangible Assets	26 000	32 000	1 847 000	1 737 000
Total Fiancial Fixed Assets	2 026 000	0	0	0
Total Fixed Assets	2 352 000	1 272 000	7 008 000	8 777 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	436 000	1 555 000	244 000	434 000
Total Current Assets	438 000	2 991 000	2 578 000	1 448 000
Total Assets	2 790 000	4 263 000	9 586 000	10 225 000
Total Equity	2 324 000	3 244 000	1 566 000	1 788 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	362 000	452 000	7 770 000	2 057 000
Creditors	15 000	373 000	37 000	508 000
Unpaid Taxes	0	193 000	192 000	0
Dividends	0	0	0	0
Other Current Debt	0	0	21 000	5 873 000
Total Current Debt	105 000	567 000	250 000	6 381 000
Total Equity and Debt	2 790 000	4 263 000	9 586 000	10 225 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−39,63 %	24,38 %	−120,18 %	−8,72 %
Debt-to-Equity Ratio	0,16	0,14	4,96	1,15
Operating Profit Margin	−1 577,05 %	30,8 %	−85,41 %	−86,79 %
Current Ratio	4,17	5,28	10,31	0,23
Quick Ratio	4,17	5,28	10,31	0,23
Equity Ratio	0,83	0,76	0,16	0,17
Gross Profit Margin	63,93 %	92 %	79,65 %	76,42 %