FANGSTEN HOLDING AS

4404 FLEKKEFJORD

Finances

Return on Equity

102,27 %

Current Ratio

0,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	54 000	35 000	0	0
Net Income	45 000	30 000	−39 000	−11 000
Total Assets	185 000	161 000	125 000	159 000
Total Equity	44 000	−1 000	−31 000	9 000

Income (NOK)	2022	2021	2020	2019
Revenue	54 000	35 000	0	0
Expenditure	5 000	5 000	9 000	11 000
Operating Profit	49 000	30 000	−9 000	−11 000
Financial Income	0	0	0	0
Financial Costs	0	0	30 000	0
Financial Balance	0	0	−30 000	0
Earnings Before Tax	49 000	30 000	−39 000	−11 000
Tax	4 000	0	0	0
Net Income	45 000	30 000	−39 000	−11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	125 000	125 000	125 000	155 000
Total Current Assets	60 000	36 000	0	4 000
Total Assets	185 000	161 000	125 000	159 000
Total Retained Equity	20 000	−25 000	−55 000	−16 000
Total Equity	44 000	−1 000	−31 000	9 000
Total Long-Term Debt	0	95 000	95 000	151 000
Total Current Debt	141 000	67 000	61 000	0
Total Equity and Debt	185 000	161 000	125 000	159 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	54 000	35 000	0	0
Revenue	54 000	35 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 000	5 000	9 000	11 000
Operating Profit	49 000	30 000	−9 000	−11 000
Financial Income	0	0	0	0
Financial Costs	0	0	30 000	0
Financial Balance	0	0	−30 000	0
Dividends	0	0	0	0
Net Income	45 000	30 000	−39 000	−11 000

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	125 000	125 000	125 000	155 000
Total Fixed Assets	125 000	125 000	125 000	155 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	60 000	36 000	0	4 000
Total Current Assets	60 000	36 000	0	4 000
Total Assets	185 000	161 000	125 000	159 000
Total Equity	44 000	−1 000	−31 000	9 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	95 000	95 000	151 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	137 000	67 000	61 000	0
Total Current Debt	141 000	67 000	61 000	0
Total Equity and Debt	185 000	161 000	125 000	159 000

Financial indicators	2022	2021	2020	2019
Return on Equity	102,27 %	−3 000 %	125,81 %	−122,22 %
Debt-to-Equity Ratio	0	−95	−3,06	16,78
Operating Profit Margin	90,74 %	85,71 %	-	-
Current Ratio	0,43	0,54	0	-
Quick Ratio	0,43	0,54	0	-
Equity Ratio	0,24	−0,01	−0,25	0,06
Gross Profit Margin	100 %	100 %	-	-