FJORD M2 AS

6770 NORDFJORDEID

Finances

Return on Equity

37 %

Current Ratio

0,59

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	266 000	780 000	274 000	0
Net Income	148 000	259 000	−201 000	0
Total Assets	38 139 000	22 287 000	5 236 000	200 000
Total Equity	400 000	252 000	−7 000	194 000

Income (NOK)	2022	2021	2020
Revenue	266 000	780 000	274 000
Expenditure	78 000	508 000	284 000
Operating Profit	188 000	273 000	−10 000
Financial Income	1 000	2 000	0
Financial Costs	0	0	191 000
Financial Balance	1 000	2 000	−191 000
Earnings Before Tax	189 000	275 000	−201 000
Tax	42 000	16 000	0
Net Income	148 000	259 000	−201 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 842 000	19 973 000	4 413 000	0
Total Current Assets	22 297 000	2 314 000	823 000	200 000
Total Assets	38 139 000	22 287 000	5 236 000	200 000
Total Retained Equity	205 000	58 000	−201 000	0
Total Equity	400 000	252 000	−7 000	194 000
Total Long-Term Debt	17 000	4 000	0	0
Total Current Debt	37 723 000	22 031 000	5 243 000	6 000
Total Equity and Debt	38 139 000	22 287 000	5 236 000	200 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	27 000
Other Income	266 000	780 000	246 000
Revenue	266 000	780 000	274 000
Cost of Goods Sold	0	2 000	35 000
Salary Costs	0	0	0
Depreciation	47 000	92 000	72 000
Impairment	0	0	0
Expenditure	78 000	508 000	284 000
Operating Profit	188 000	273 000	−10 000
Financial Income	1 000	2 000	0
Financial Costs	0	0	191 000
Financial Balance	1 000	2 000	−191 000
Dividends	0	0	0
Net Income	148 000	259 000	−201 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	103 000	4 234 000	4 413 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	103 000	4 234 000	4 413 000	0
Total Fiancial Fixed Assets	15 739 000	15 739 000	0	0
Total Fixed Assets	15 842 000	19 973 000	4 413 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	201 000	83 000	818 000	200 000
Total Current Assets	22 297 000	2 314 000	823 000	200 000
Total Assets	38 139 000	22 287 000	5 236 000	200 000
Total Equity	400 000	252 000	−7 000	194 000
Short-Term Group Debt	37 691 000	21 691 000	5 191 000	0
Total Long-Term Debt	17 000	4 000	0	0
Creditors	3 000	78 000	51 000	6 000
Unpaid Taxes	0	241 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	9 000	1 000	0
Total Current Debt	37 723 000	22 031 000	5 243 000	6 000
Total Equity and Debt	38 139 000	22 287 000	5 236 000	200 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37 %	102,78 %	2 871,43 %	0 %
Debt-to-Equity Ratio	0,04	0,02	−0	0
Operating Profit Margin	70,68 %	35 %	−3,65 %	-
Current Ratio	0,59	0,11	0,16	33,33
Quick Ratio	0,59	0,11	0,16	33,33
Equity Ratio	0,01	0,01	−0	0,97
Gross Profit Margin	100 %	99,74 %	87,23 %	-