FASTLANE AS

7052 TRONDHEIM

Finances

Share Ownership

Return on Equity

5,01 %

Current Ratio

4,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 622 000	9 000	2 741 000	2 307 000
Net Income	28 000	−217 000	784 000	−161 000
Total Assets	698 000	1 934 000	1 243 000	227 000
Total Equity	559 000	531 000	646 000	−139 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 622 000	9 000	2 741 000	2 307 000
Expenditure	3 586 000	280 000	1 775 000	2 452 000
Operating Profit	36 000	−270 000	965 000	−145 000
Financial Income	0	0	0	0
Financial Costs	0	4 000	6 000	16 000
Financial Balance	0	−4 000	−6 000	−16 000
Earnings Before Tax	36 000	−274 000	959 000	−161 000
Tax	8 000	−57 000	175 000	0
Net Income	28 000	−217 000	784 000	−161 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 000	0	0	0
Total Current Assets	676 000	1 934 000	1 243 000	227 000
Total Assets	698 000	1 934 000	1 243 000	227 000
Total Retained Equity	335 000	307 000	624 000	−161 000
Total Equity	559 000	531 000	646 000	−139 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	139 000	1 403 000	598 000	366 000
Total Equity and Debt	698 000	1 934 000	1 243 000	227 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 643 000	9 000	293 000	2 307 000
Other Income	−21 000	0	2 447 000	0
Revenue	3 622 000	9 000	2 741 000	2 307 000
Cost of Goods Sold	2 263 000	150 000	1 092 000	1 667 000
Salary Costs	0	17 000	125 000	173 000
Depreciation	3 000	0	0	0
Impairment	0	0	0	0
Expenditure	3 586 000	280 000	1 775 000	2 452 000
Operating Profit	36 000	−270 000	965 000	−145 000
Financial Income	0	0	0	0
Financial Costs	0	4 000	6 000	16 000
Financial Balance	0	−4 000	−6 000	−16 000
Dividends	0	100 000	0	0
Net Income	28 000	−217 000	784 000	−161 000

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	21 000	0	0	0
Total Tangible Assets	21 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	417 000	1 672 000	1 109 000	53 000
Total Current Assets	676 000	1 934 000	1 243 000	227 000
Total Assets	698 000	1 934 000	1 243 000	227 000
Total Equity	559 000	531 000	646 000	−139 000
Short-Term Group Debt	0	0	1 000	0
Total Long-Term Debt	0	0	0	0
Creditors	131 000	8 000	0	93 000
Unpaid Taxes	0	2 000	2 000	44 000
Dividends	0	100 000	0	0
Other Current Debt	0	1 393 000	420 000	229 000
Total Current Debt	139 000	1 403 000	598 000	366 000
Total Equity and Debt	698 000	1 934 000	1 243 000	227 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,01 %	−40,87 %	121,36 %	115,83 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	0,99 %	−3 000 %	35,21 %	−6,29 %
Current Ratio	4,86	1,38	2,08	0,62
Quick Ratio	4,86	1,38	2,08	0,62
Equity Ratio	0,8	0,27	0,52	−0,61
Gross Profit Margin	37,52 %	−1 566,67 %	60,16 %	27,74 %