FINNSET AGRO AS

6472 EIKESDAL

Finances

Share Ownership

Return on Equity

−11,49 %

Current Ratio

1,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 860 000	2 743 000	2 395 000	1 851 000
Net Income	−51 000	−20 000	30 000	505 000
Total Assets	922 000	1 191 000	946 000	802 000
Total Equity	444 000	495 000	515 000	485 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 860 000	2 743 000	2 395 000	1 851 000
Expenditure	4 915 000	2 768 000	2 356 000	1 203 000
Operating Profit	−57 000	−25 000	39 000	647 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	1 000
Earnings Before Tax	−57 000	−25 000	38 000	648 000
Tax	−5 000	−6 000	8 000	143 000
Net Income	−51 000	−20 000	30 000	505 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	297 000	339 000	421 000	386 000
Total Current Assets	625 000	851 000	524 000	416 000
Total Assets	922 000	1 191 000	946 000	802 000
Total Retained Equity	414 000	465 000	485 000	455 000
Total Equity	444 000	495 000	515 000	485 000
Total Long-Term Debt	0	5 000	11 000	9 000
Total Current Debt	478 000	690 000	420 000	308 000
Total Equity and Debt	922 000	1 191 000	946 000	802 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 860 000	2 743 000	2 395 000	1 801 000
Other Income	0	0	0	50 000
Revenue	4 860 000	2 743 000	2 395 000	1 851 000
Cost of Goods Sold	3 441 000	1 473 000	1 089 000	581 000
Salary Costs	997 000	759 000	764 000	361 000
Depreciation	83 000	80 000	76 000	42 000
Impairment	0	0	0	0
Expenditure	4 915 000	2 768 000	2 356 000	1 203 000
Operating Profit	−57 000	−25 000	39 000	647 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	1 000
Dividends	0	0	0	50 000
Net Income	−51 000	−20 000	30 000	505 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	72 000	82 000	93 000	85 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	225 000	257 000	326 000	301 000
Total Tangible Assets	297 000	339 000	419 000	386 000
Total Fiancial Fixed Assets	0	0	2 000	0
Total Fixed Assets	297 000	339 000	421 000	386 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	347 000	514 000	30 000	295 000
Total Current Assets	625 000	851 000	524 000	416 000
Total Assets	922 000	1 191 000	946 000	802 000
Total Equity	444 000	495 000	515 000	485 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	5 000	11 000	9 000
Creditors	190 000	36 000	159 000	41 000
Unpaid Taxes	206 000	286 000	125 000	52 000
Dividends	0	0	0	50 000
Other Current Debt	82 000	368 000	129 000	31 000
Total Current Debt	478 000	690 000	420 000	308 000
Total Equity and Debt	922 000	1 191 000	946 000	802 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,49 %	−4,04 %	5,83 %	104,12 %
Debt-to-Equity Ratio	0	0,01	0,02	0,02
Operating Profit Margin	−1,17 %	−0,91 %	1,63 %	34,95 %
Current Ratio	1,31	1,23	1,25	1,35
Quick Ratio	1,31	1,23	1,25	1,35
Equity Ratio	0,48	0,42	0,54	0,6
Gross Profit Margin	29,2 %	46,3 %	54,53 %	68,61 %