FIDO AS

6003 ÅLESUND

Finances

Share Ownership

Return on Equity

24,35 %

Current Ratio

3,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 425 000	1 198 000	654 000	326 000
Net Income	132 000	302 000	130 000	56 000
Total Assets	706 000	933 000	275 000	127 000
Total Equity	542 000	518 000	216 000	86 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 425 000	1 198 000	654 000	326 000
Expenditure	1 252 000	811 000	485 000	252 000
Operating Profit	173 000	387 000	169 000	74 000
Financial Income	0	0	0	0
Financial Costs	4 000	0	1 000	3 000
Financial Balance	−4 000	0	−1 000	−3 000
Earnings Before Tax	169 000	387 000	169 000	71 000
Tax	37 000	85 000	38 000	16 000
Net Income	132 000	302 000	130 000	56 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	76 000	76 000	92 000	108 000
Total Current Assets	630 000	857 000	183 000	19 000
Total Assets	706 000	933 000	275 000	127 000
Total Retained Equity	512 000	488 000	186 000	56 000
Total Equity	542 000	518 000	216 000	86 000
Total Long-Term Debt	1 000	1 000	2 000	2 000
Total Current Debt	163 000	414 000	57 000	39 000
Total Equity and Debt	706 000	933 000	275 000	127 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 425 000	1 198 000	654 000	326 000
Other Income	0	0	0	0
Revenue	1 425 000	1 198 000	654 000	326 000
Cost of Goods Sold	572 000	513 000	131 000	123 000
Salary Costs	15 000	2 000	2 000	0
Depreciation	23 000	16 000	16 000	9 000
Impairment	0	0	0	0
Expenditure	1 252 000	811 000	485 000	252 000
Operating Profit	173 000	387 000	169 000	74 000
Financial Income	0	0	0	0
Financial Costs	4 000	0	1 000	3 000
Financial Balance	−4 000	0	−1 000	−3 000
Dividends	0	0	0	0
Net Income	132 000	302 000	130 000	56 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	18 000	21 000	23 000	26 000
Machinery and Plant Facilities	0	0	0	33 000
Fixtures	58 000	56 000	69 000	49 000
Total Tangible Assets	76 000	76 000	92 000	108 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	76 000	76 000	92 000	108 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	122 000	106 000	5 000	0
Total Current Assets	630 000	857 000	183 000	19 000
Total Assets	706 000	933 000	275 000	127 000
Total Equity	542 000	518 000	216 000	86 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	1 000	2 000	2 000
Creditors	0	−27 000	0	23 000
Unpaid Taxes	40 000	300 000	2 000	2 000
Dividends	0	0	0	0
Other Current Debt	0	3 000	3 000	0
Total Current Debt	163 000	414 000	57 000	39 000
Total Equity and Debt	706 000	933 000	275 000	127 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,35 %	58,3 %	60,19 %	65,12 %
Debt-to-Equity Ratio	0	0	0,01	0,02
Operating Profit Margin	12,14 %	32,3 %	25,84 %	22,7 %
Current Ratio	3,87	2,07	3,21	0,49
Quick Ratio	3,87	2,07	3,21	0,49
Equity Ratio	0,77	0,56	0,79	0,68
Gross Profit Margin	59,86 %	57,18 %	79,97 %	62,27 %