ØIVIN FJELD GITARVERKSTED AS

1663 ROLVSØY

Finances

Share Ownership

Return on Equity

−238,46 %

Current Ratio

1,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	659 000	630 000	906 000	3 000
Net Income	−62 000	−13 000	52 000	−41 000
Total Assets	137 000	196 000	209 000	204 000
Total Equity	26 000	88 000	100 000	49 000

Income (NOK)	2022	2021	2020	2019
Revenue	659 000	630 000	906 000	3 000
Expenditure	720 000	642 000	849 000	43 000
Operating Profit	−61 000	−12 000	57 000	−41 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	4 000	0
Financial Balance	−1 000	−1 000	−4 000	0
Earnings Before Tax	−62 000	−13 000	52 000	−41 000
Tax	0	0	1 000	0
Net Income	−62 000	−13 000	52 000	−41 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	137 000	196 000	209 000	204 000
Total Assets	137 000	196 000	209 000	204 000
Total Retained Equity	−64 000	−2 000	11 000	−41 000
Total Equity	26 000	88 000	100 000	49 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	111 000	108 000	108 000	155 000
Total Equity and Debt	137 000	196 000	209 000	204 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	647 000	630 000	906 000	3 000
Other Income	12 000	0	0	0
Revenue	659 000	630 000	906 000	3 000
Cost of Goods Sold	335 000	394 000	537 000	8 000
Salary Costs	179 000	−17 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	720 000	642 000	849 000	43 000
Operating Profit	−61 000	−12 000	57 000	−41 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	4 000	0
Financial Balance	−1 000	−1 000	−4 000	0
Dividends	0	0	0	0
Net Income	−62 000	−13 000	52 000	−41 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	119 000	126 000	164 000	0
Total Investments	0	0	0	0
Cash, Bank	11 000	65 000	26 000	0
Total Current Assets	137 000	196 000	209 000	204 000
Total Assets	137 000	196 000	209 000	204 000
Total Equity	26 000	88 000	100 000	49 000
Short-Term Group Debt	44 000	38 000	32 000	100 000
Total Long-Term Debt	0	0	0	0
Creditors	18 000	37 000	31 000	49 000
Unpaid Taxes	15 000	12 000	40 000	0
Dividends	0	0	0	0
Other Current Debt	34 000	22 000	4 000	6 000
Total Current Debt	111 000	108 000	108 000	155 000
Total Equity and Debt	137 000	196 000	209 000	204 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−238,46 %	−14,77 %	52 %	−83,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−9,26 %	−1,9 %	6,29 %	−1 366,67 %
Current Ratio	1,23	1,81	1,94	1,32
Quick Ratio	−17,13	−10,89	−3,73	1,32
Equity Ratio	0,19	0,45	0,48	0,24
Gross Profit Margin	49,17 %	37,46 %	40,73 %	−166,67 %