NORSKE FJELLHYTTER UTVIKLING AS

2960 RØN

Finances

Return on Equity

3,03 %

Current Ratio

26,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	5 000 000	22 050 000	7 947 000
Net Income	1 429 000	12 632 000	22 507 000
Total Assets	48 773 000	62 104 000	48 513 000
Total Equity	47 100 000	50 221 000	37 589 000

Income (NOK)	2022	2021	2020
Revenue	5 000 000	22 050 000	7 947 000
Expenditure	3 039 000	12 041 000	5 194 000
Operating Profit	1 962 000	10 010 000	2 754 000
Financial Income	−67 000	6 809 000	20 539 000
Financial Costs	3 000	2 500 000	16 000
Financial Balance	−70 000	4 309 000	20 523 000
Earnings Before Tax	1 892 000	14 318 000	23 277 000
Tax	463 000	1 686 000	770 000
Net Income	1 429 000	12 632 000	22 507 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	4 282 000	4 282 000	4 282 000
Total Current Assets	44 492 000	57 822 000	44 231 000
Total Assets	48 773 000	62 104 000	48 513 000
Total Retained Equity	47 050 000	50 171 000	37 489 000
Total Equity	47 100 000	50 221 000	37 589 000
Total Long-Term Debt	0	0	0
Total Current Debt	1 674 000	11 883 000	10 924 000
Total Equity and Debt	48 773 000	62 104 000	48 513 000

Cash flow (NOK)	2022	2021	2020
Sales Income	5 000 000	22 050 000	7 947 000
Other Income	0	0	0
Revenue	5 000 000	22 050 000	7 947 000
Cost of Goods Sold	2 538 000	11 100 000	4 535 000
Salary Costs	287 000	498 000	415 000
Depreciation	98 000	0	0
Impairment	0	0	0
Expenditure	3 039 000	12 041 000	5 194 000
Operating Profit	1 962 000	10 010 000	2 754 000
Financial Income	−67 000	6 809 000	20 539 000
Financial Costs	3 000	2 500 000	16 000
Financial Balance	−70 000	4 309 000	20 523 000
Dividends	0	0	0
Net Income	1 429 000	12 632 000	22 507 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	4 282 000	4 282 000	4 282 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	4 282 000	4 282 000	4 282 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	4 282 000	4 282 000	4 282 000
Stock	11 474 000	8 373 000	8 687 000
Total Investments	2 870 000	2 870 000	5 370 000
Cash, Bank	23 087 000	42 478 000	28 897 000
Total Current Assets	44 492 000	57 822 000	44 231 000
Total Assets	48 773 000	62 104 000	48 513 000
Total Equity	47 100 000	50 221 000	37 589 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	940 000	120 000	50 000
Unpaid Taxes	8 000	26 000	54 000
Dividends	0	0	0
Other Current Debt	263 000	10 051 000	10 047 000
Total Current Debt	1 674 000	11 883 000	10 924 000
Total Equity and Debt	48 773 000	62 104 000	48 513 000

Financial indicators	2022	2021	2020
Return on Equity	3,03 %	25,15 %	59,88 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	39,24 %	45,4 %	34,65 %
Current Ratio	26,58	4,87	4,05
Quick Ratio	−4,54	16,47	19,77
Equity Ratio	0,97	0,81	0,77
Gross Profit Margin	49,24 %	49,66 %	42,93 %