FORTAVI AS

5309 KLEPPESTØ

Finances

Return on Equity

697,06 %

Current Ratio

1,52

Debt-to-Equity Ratio

45,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 445 000	461 000	635 000	148 000
Net Income	237 000	−168 000	−65 000	−169 000
Total Assets	2 248 000	1 834 000	1 808 000	275 000
Total Equity	34 000	−203 000	−39 000	−4 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 445 000	461 000	635 000	148 000
Expenditure	1 205 000	627 000	699 000	315 000
Operating Profit	239 000	−166 000	−64 000	−167 000
Financial Income	0	0	1 000	0
Financial Costs	2 000	2 000	2 000	2 000
Financial Balance	−2 000	−2 000	−1 000	−2 000
Earnings Before Tax	237 000	−168 000	−65 000	−169 000
Tax	0	0	0	0
Net Income	237 000	−168 000	−65 000	−169 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 251 000	1 198 000	1 285 000	0
Total Current Assets	997 000	636 000	523 000	275 000
Total Assets	2 248 000	1 834 000	1 808 000	275 000
Total Retained Equity	−233 000	−233 000	−69 000	−169 000
Total Equity	34 000	−203 000	−39 000	−4 000
Total Long-Term Debt	1 560 000	1 678 000	1 526 000	181 000
Total Current Debt	654 000	359 000	321 000	98 000
Total Equity and Debt	2 248 000	1 834 000	1 808 000	275 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 290 000	461 000	635 000	148 000
Other Income	154 000	0	0	0
Revenue	1 445 000	461 000	635 000	148 000
Cost of Goods Sold	871 000	425 000	560 000	253 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 205 000	627 000	699 000	315 000
Operating Profit	239 000	−166 000	−64 000	−167 000
Financial Income	0	0	1 000	0
Financial Costs	2 000	2 000	2 000	2 000
Financial Balance	−2 000	−2 000	−1 000	−2 000
Dividends	0	0	0	0
Net Income	237 000	−168 000	−65 000	−169 000

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	1 251 000	1 198 000	1 285 000	0
Total Fixed Assets	1 251 000	1 198 000	1 285 000	0
Stock	0	259 000	43 000	57 000
Total Investments	0	0	0	15 000
Cash, Bank	473 000	376 000	480 000	40 000
Total Current Assets	997 000	636 000	523 000	275 000
Total Assets	2 248 000	1 834 000	1 808 000	275 000
Total Equity	34 000	−203 000	−39 000	−4 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 560 000	1 678 000	1 526 000	181 000
Creditors	310 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	344 000	359 000	321 000	98 000
Total Current Debt	654 000	359 000	321 000	98 000
Total Equity and Debt	2 248 000	1 834 000	1 808 000	275 000

Financial indicators	2022	2021	2020	2019
Return on Equity	697,06 %	82,76 %	166,67 %	4 225 %
Debt-to-Equity Ratio	45,88	−8,27	−39,13	−45,25
Operating Profit Margin	16,54 %	−36,01 %	−10,08 %	−112,84 %
Current Ratio	1,52	1,77	1,63	2,81
Quick Ratio	1,52	6,36	1,88	6,71
Equity Ratio	0,02	−0,11	−0,02	−0,01
Gross Profit Margin	39,72 %	7,81 %	11,81 %	−70,95 %