FJORDRIVE AS

5011 BERGEN

Finances

Share Ownership

Return on Equity

70,74 %

Current Ratio

3,29

Debt-to-Equity Ratio

1,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 891 000	1 201 000	1 140 000	2 889 000
Net Income	764 000	−19 000	−505 000	416 000
Total Assets	3 593 000	3 081 000	1 514 000	2 107 000
Total Equity	1 080 000	316 000	−65 000	440 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 891 000	1 201 000	1 140 000	2 889 000
Expenditure	6 902 000	1 103 000	1 584 000	2 320 000
Operating Profit	989 000	100 000	−444 000	569 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	184 000	120 000	71 000	39 000
Financial Balance	−183 000	−119 000	−70 000	−38 000
Earnings Before Tax	806 000	−19 000	−514 000	531 000
Tax	42 000	0	−9 000	116 000
Net Income	764 000	−19 000	−505 000	416 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 650 000	2 239 000	823 000	716 000
Total Current Assets	1 943 000	842 000	691 000	1 390 000
Total Assets	3 593 000	3 081 000	1 514 000	2 107 000
Total Retained Equity	655 000	−109 000	−89 000	416 000
Total Equity	1 080 000	316 000	−65 000	440 000
Total Long-Term Debt	1 922 000	2 590 000	1 389 000	761 000
Total Current Debt	591 000	175 000	190 000	906 000
Total Equity and Debt	3 593 000	3 081 000	1 514 000	2 107 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 503 000	1 201 000	1 161 000	2 889 000
Other Income	388 000	0	−21 000	0
Revenue	7 891 000	1 201 000	1 140 000	2 889 000
Cost of Goods Sold	3 806 000	297 000	286 000	1 551 000
Salary Costs	1 132 000	36 000	764 000	316 000
Depreciation	656 000	385 000	110 000	79 000
Impairment	0	0	0	0
Expenditure	6 902 000	1 103 000	1 584 000	2 320 000
Operating Profit	989 000	100 000	−444 000	569 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	184 000	120 000	71 000	39 000
Financial Balance	−183 000	−119 000	−70 000	−38 000
Dividends	0	0	0	0
Net Income	764 000	−19 000	−505 000	416 000

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	1 553 000	2 239 000	823 000	716 000
Fixtures	97 000	0	0	0
Total Tangible Assets	1 650 000	2 239 000	823 000	716 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 650 000	2 239 000	823 000	716 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	711 000	68 000	84 000	392 000
Total Current Assets	1 943 000	842 000	691 000	1 390 000
Total Assets	3 593 000	3 081 000	1 514 000	2 107 000
Total Equity	1 080 000	316 000	−65 000	440 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 922 000	2 590 000	1 389 000	761 000
Creditors	366 000	170 000	31 000	251 000
Unpaid Taxes	94 000	4 000	94 000	121 000
Dividends	0	0	0	0
Other Current Debt	89 000	2 000	65 000	427 000
Total Current Debt	591 000	175 000	190 000	906 000
Total Equity and Debt	3 593 000	3 081 000	1 514 000	2 107 000

Financial indicators	2022	2021	2020	2019
Return on Equity	70,74 %	−6,01 %	776,92 %	94,55 %
Debt-to-Equity Ratio	1,78	8,2	−21,37	1,73
Operating Profit Margin	12,53 %	8,33 %	−38,95 %	19,7 %
Current Ratio	3,29	4,81	3,64	1,53
Quick Ratio	3,29	4,81	3,64	1,53
Equity Ratio	0,3	0,1	−0,04	0,21
Gross Profit Margin	51,77 %	75,27 %	74,91 %	46,31 %