FINNMARK VED AS

9911 JARFJORD

Finances

Share Ownership

Return on Equity

43,56 %

Current Ratio

1,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 945 000	1 193 000	537 000	564 000
Net Income	176 000	−4 000	−114 000	98 000
Total Assets	715 000	783 000	785 000	983 000
Total Equity	404 000	228 000	233 000	346 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 945 000	1 193 000	537 000	564 000
Expenditure	1 646 000	1 262 000	664 000	521 000
Operating Profit	299 000	−68 000	−127 000	44 000
Financial Income	0	5 000	3 000	1 000
Financial Costs	13 000	16 000	22 000	13 000
Financial Balance	−13 000	−11 000	−19 000	−12 000
Earnings Before Tax	286 000	−79 000	−146 000	32 000
Tax	110 000	−74 000	−32 000	−67 000
Net Income	176 000	−4 000	−114 000	98 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	98 000	303 000	368 000	373 000
Total Current Assets	618 000	480 000	417 000	610 000
Total Assets	715 000	783 000	785 000	983 000
Total Retained Equity	364 000	188 000	193 000	306 000
Total Equity	404 000	228 000	233 000	346 000
Total Long-Term Debt	0	248 000	338 000	428 000
Total Current Debt	311 000	308 000	215 000	209 000
Total Equity and Debt	715 000	783 000	785 000	983 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 458 000	1 193 000	537 000	394 000
Other Income	487 000	0	0	170 000
Revenue	1 945 000	1 193 000	537 000	564 000
Cost of Goods Sold	1 112 000	647 000	122 000	78 000
Salary Costs	−2 000	142 000	23 000	106 000
Depreciation	65 000	83 000	77 000	29 000
Impairment	0	0	0	0
Expenditure	1 646 000	1 262 000	664 000	521 000
Operating Profit	299 000	−68 000	−127 000	44 000
Financial Income	0	5 000	3 000	1 000
Financial Costs	13 000	16 000	22 000	13 000
Financial Balance	−13 000	−11 000	−19 000	−12 000
Dividends	0	0	0	0
Net Income	176 000	−4 000	−114 000	98 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 000	115 000	98 000	66 000
Real Eastate	0	20 000	20 000	0
Machinery and Plant Facilities	0	155 000	231 000	307 000
Fixtures	93 000	13 000	20 000	0
Total Tangible Assets	93 000	188 000	271 000	307 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	98 000	303 000	368 000	373 000
Stock	184 000	67 000	111 000	29 000
Total Investments	0	0	0	0
Cash, Bank	346 000	265 000	198 000	443 000
Total Current Assets	618 000	480 000	417 000	610 000
Total Assets	715 000	783 000	785 000	983 000
Total Equity	404 000	228 000	233 000	346 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	248 000	338 000	428 000
Creditors	28 000	37 000	47 000	40 000
Unpaid Taxes	111 000	65 000	5 000	2 000
Dividends	0	0	0	0
Other Current Debt	172 000	206 000	162 000	167 000
Total Current Debt	311 000	308 000	215 000	209 000
Total Equity and Debt	715 000	783 000	785 000	983 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,56 %	−1,75 %	−48,93 %	28,32 %
Debt-to-Equity Ratio	0	1,09	1,45	1,24
Operating Profit Margin	15,37 %	−5,7 %	−23,65 %	7,8 %
Current Ratio	1,99	1,56	1,94	2,92
Quick Ratio	4,87	1,99	4,01	3,39
Equity Ratio	0,57	0,29	0,3	0,35
Gross Profit Margin	42,83 %	45,77 %	77,28 %	86,17 %