FEELGOOD SORTLAND AS

8400 SORTLAND

Finances

Share Ownership

Return on Equity

−27,56 %

Current Ratio

0,05

Debt-to-Equity Ratio

−6,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	933 000	734 000	700 000	499 000
Net Income	35 000	−60 000	−82 000	−44 000
Total Assets	1 227 000	1 319 000	1 444 000	1 573 000
Total Equity	−127 000	−162 000	−102 000	−19 000

Income (NOK)	2022	2021	2020	2019
Revenue	933 000	734 000	700 000	499 000
Expenditure	847 000	749 000	725 000	487 000
Operating Profit	86 000	−15 000	−25 000	11 000
Financial Income	0	0	0	0
Financial Costs	50 000	46 000	57 000	55 000
Financial Balance	−50 000	−46 000	−57 000	−55 000
Earnings Before Tax	35 000	−60 000	−82 000	−44 000
Tax	0	0	0	0
Net Income	35 000	−60 000	−82 000	−44 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 197 000	1 305 000	1 413 000	1 521 000
Total Current Assets	30 000	14 000	31 000	52 000
Total Assets	1 227 000	1 319 000	1 444 000	1 573 000
Total Retained Equity	−151 000	−186 000	−126 000	−44 000
Total Equity	−127 000	−162 000	−102 000	−19 000
Total Long-Term Debt	778 000	944 000	1 083 000	1 139 000
Total Current Debt	576 000	536 000	463 000	454 000
Total Equity and Debt	1 227 000	1 319 000	1 444 000	1 573 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	933 000	734 000	700 000	499 000
Other Income	0	0	0	0
Revenue	933 000	734 000	700 000	499 000
Cost of Goods Sold	0	0	0	0
Salary Costs	322 000	251 000	212 000	0
Depreciation	108 000	108 000	108 000	99 000
Impairment	0	0	0	0
Expenditure	847 000	749 000	725 000	487 000
Operating Profit	86 000	−15 000	−25 000	11 000
Financial Income	0	0	0	0
Financial Costs	50 000	46 000	57 000	55 000
Financial Balance	−50 000	−46 000	−57 000	−55 000
Dividends	0	0	0	0
Net Income	35 000	−60 000	−82 000	−44 000

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	1 197 000	1 305 000	1 413 000	1 521 000
Total Tangible Assets	1 197 000	1 305 000	1 413 000	1 521 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 197 000	1 305 000	1 413 000	1 521 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	29 000	14 000	31 000	52 000
Total Current Assets	30 000	14 000	31 000	52 000
Total Assets	1 227 000	1 319 000	1 444 000	1 573 000
Total Equity	−127 000	−162 000	−102 000	−19 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	778 000	944 000	1 083 000	1 139 000
Creditors	67 000	58 000	46 000	22 000
Unpaid Taxes	11 000	18 000	10 000	0
Dividends	0	0	0	0
Other Current Debt	497 000	460 000	407 000	432 000
Total Current Debt	576 000	536 000	463 000	454 000
Total Equity and Debt	1 227 000	1 319 000	1 444 000	1 573 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,56 %	37,04 %	80,39 %	231,58 %
Debt-to-Equity Ratio	−6,13	−5,83	−10,62	−59,95
Operating Profit Margin	9,22 %	−2,04 %	−3,57 %	2,2 %
Current Ratio	0,05	0,03	0,07	0,11
Quick Ratio	0,05	0,03	0,07	0,11
Equity Ratio	−0,1	−0,12	−0,07	−0,01
Gross Profit Margin	100 %	100 %	100 %	100 %