FJORDEN KULTURDRIFT AS

3236 SANDEFJORD

Finances

Return on Equity

−68,4 %

Current Ratio

1,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	711 000	2 227 000	1 111 000	522 000
Net Income	−145 000	119 000	175 000	38 000
Total Assets	343 000	689 000	423 000	241 000
Total Equity	212 000	357 000	237 000	62 000

Income (NOK)	2022	2021	2020	2019
Revenue	711 000	2 227 000	1 111 000	522 000
Expenditure	854 000	2 074 000	889 000	473 000
Operating Profit	−144 000	153 000	223 000	50 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	−144 000	153 000	223 000	48 000
Tax	1 000	34 000	48 000	11 000
Net Income	−145 000	119 000	175 000	38 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	163 000	13 000	23 000	0
Total Current Assets	180 000	676 000	400 000	241 000
Total Assets	343 000	689 000	423 000	241 000
Total Retained Equity	182 000	332 000	213 000	38 000
Total Equity	212 000	357 000	237 000	62 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	131 000	332 000	186 000	179 000
Total Equity and Debt	343 000	689 000	423 000	241 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	711 000	642 000	246 000	522 000
Other Income	0	1 585 000	865 000	0
Revenue	711 000	2 227 000	1 111 000	522 000
Cost of Goods Sold	133 000	508 000	324 000	199 000
Salary Costs	351 000	552 000	141 000	1 000
Depreciation	12 000	11 000	10 000	0
Impairment	0	0	0	0
Expenditure	854 000	2 074 000	889 000	473 000
Operating Profit	−144 000	153 000	223 000	50 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Dividends	0	0	0	0
Net Income	−145 000	119 000	175 000	38 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	63 000	12 000	23 000	0
Total Tangible Assets	63 000	12 000	23 000	0
Total Fiancial Fixed Assets	100 000	0	0	0
Total Fixed Assets	163 000	13 000	23 000	0
Stock	5 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	146 000	441 000	388 000	190 000
Total Current Assets	180 000	676 000	400 000	241 000
Total Assets	343 000	689 000	423 000	241 000
Total Equity	212 000	357 000	237 000	62 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	30 000	190 000	8 000	168 000
Unpaid Taxes	20 000	37 000	50 000	0
Dividends	0	0	0	0
Other Current Debt	81 000	71 000	80 000	0
Total Current Debt	131 000	332 000	186 000	179 000
Total Equity and Debt	343 000	689 000	423 000	241 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−68,4 %	33,33 %	73,84 %	61,29 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−20,25 %	6,87 %	20,07 %	9,58 %
Current Ratio	1,37	2,04	2,15	1,35
Quick Ratio	1,43	2,04	2,15	1,35
Equity Ratio	0,62	0,52	0,56	0,26
Gross Profit Margin	81,29 %	77,19 %	70,84 %	61,88 %