FVS ENTREPRENØR HITRA-FRØYA AS

7130 BREKSTAD

Finances

Share Ownership

Return on Equity

127,48 %

Current Ratio

2,71

Debt-to-Equity Ratio

4,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 873 000	0	540 000	429 000
Net Income	385 000	−12 000	4 000	−264 000
Total Assets	2 176 000	7 000	2 000	77 000
Total Equity	302 000	−83 000	−71 000	−74 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 873 000	0	540 000	429 000
Expenditure	1 435 000	12 000	537 000	693 000
Operating Profit	436 000	−12 000	4 000	−264 000
Financial Income	0	0	0	0
Financial Costs	23 000	0	0	0
Financial Balance	−23 000	0	0	0
Earnings Before Tax	414 000	−12 000	4 000	−264 000
Tax	29 000	0	0	0
Net Income	385 000	−12 000	4 000	−264 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	861 000	0	0	0
Total Current Assets	1 314 000	7 000	2 000	77 000
Total Assets	2 176 000	7 000	2 000	77 000
Total Retained Equity	102 000	−283 000	−271 000	−264 000
Total Equity	302 000	−83 000	−71 000	−74 000
Total Long-Term Debt	1 389 000	87 000	10 000	0
Total Current Debt	485 000	2 000	63 000	151 000
Total Equity and Debt	2 176 000	7 000	2 000	77 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 873 000	0	540 000	429 000
Other Income	0	0	0	0
Revenue	1 873 000	0	540 000	429 000
Cost of Goods Sold	749 000	0	0	0
Salary Costs	449 000	0	478 000	678 000
Depreciation	19 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 435 000	12 000	537 000	693 000
Operating Profit	436 000	−12 000	4 000	−264 000
Financial Income	0	0	0	0
Financial Costs	23 000	0	0	0
Financial Balance	−23 000	0	0	0
Dividends	0	0	0	0
Net Income	385 000	−12 000	4 000	−264 000

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	523 000	0	0	0
Fixtures	319 000	0	0	0
Total Tangible Assets	841 000	0	0	0
Total Fiancial Fixed Assets	20 000	0	0	0
Total Fixed Assets	861 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	684 000	2 000	2 000	76 000
Total Current Assets	1 314 000	7 000	2 000	77 000
Total Assets	2 176 000	7 000	2 000	77 000
Total Equity	302 000	−83 000	−71 000	−74 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 389 000	87 000	10 000	0
Creditors	354 000	2 000	1 000	6 000
Unpaid Taxes	91 000	0	5 000	61 000
Dividends	0	0	0	0
Other Current Debt	41 000	0	57 000	85 000
Total Current Debt	485 000	2 000	63 000	151 000
Total Equity and Debt	2 176 000	7 000	2 000	77 000

Financial indicators	2022	2021	2020	2019
Return on Equity	127,48 %	14,46 %	−5,63 %	356,76 %
Debt-to-Equity Ratio	4,6	−1,05	−0,14	−0
Operating Profit Margin	23,28 %	-	0,74 %	−61,54 %
Current Ratio	2,71	3,5	0,03	0,51
Quick Ratio	2,71	3,5	0,03	0,51
Equity Ratio	0,14	−11,86	−35,5	−0,96
Gross Profit Margin	60,01 %	-	100 %	100 %