FINNMAR AS

9990 BÅTSFJORD

Finances

Share Ownership

Return on Equity

19,92 %

Current Ratio

0,6

Debt-to-Equity Ratio

−18,51

Key figures (NOK)	2022	2021	2020
Revenue	844 000	184 000	0
Net Income	−149 000	−568 000	−82 000
Total Assets	17 997 000	9 602 000	1 330 000
Total Equity	−748 000	−620 000	−52 000

Income (NOK)	2022	2021	2020
Revenue	844 000	184 000	0
Expenditure	940 000	752 000	82 000
Operating Profit	−95 000	−567 000	−82 000
Financial Income	6 000	0	0
Financial Costs	60 000	0	0
Financial Balance	−54 000	0	0
Earnings Before Tax	−149 000	−568 000	−82 000
Tax	0	0	0
Net Income	−149 000	−568 000	−82 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	15 074 000	8 341 000	1 315 000
Total Current Assets	2 922 000	1 261 000	15 000
Total Assets	17 997 000	9 602 000	1 330 000
Total Retained Equity	−799 000	−650 000	−82 000
Total Equity	−748 000	−620 000	−52 000
Total Long-Term Debt	13 844 000	4 900 000	0
Total Current Debt	4 901 000	5 322 000	1 382 000
Total Equity and Debt	17 997 000	9 602 000	1 330 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	844 000	184 000	0
Revenue	844 000	184 000	0
Cost of Goods Sold	0	0	0
Salary Costs	47 000	0	0
Depreciation	464 000	242 000	0
Impairment	0	0	0
Expenditure	940 000	752 000	82 000
Operating Profit	−95 000	−567 000	−82 000
Financial Income	6 000	0	0
Financial Costs	60 000	0	0
Financial Balance	−54 000	0	0
Dividends	0	0	0
Net Income	−149 000	−568 000	−82 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	11 723 000	8 341 000	1 315 000
Machinery and Plant Facilities	3 352 000	0	0
Fixtures	0	0	0
Total Tangible Assets	15 074 000	8 341 000	1 315 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	15 074 000	8 341 000	1 315 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	15 000	1 261 000	15 000
Total Current Assets	2 922 000	1 261 000	15 000
Total Assets	17 997 000	9 602 000	1 330 000
Total Equity	−748 000	−620 000	−52 000
Short-Term Group Debt	0	5 185 000	740 000
Total Long-Term Debt	13 844 000	4 900 000	0
Creditors	3 901 000	135 000	642 000
Unpaid Taxes	0	2 000	0
Dividends	0	0	0
Other Current Debt	1 000 000	0	0
Total Current Debt	4 901 000	5 322 000	1 382 000
Total Equity and Debt	17 997 000	9 602 000	1 330 000

Financial indicators	2022	2021	2020
Return on Equity	19,92 %	91,61 %	157,69 %
Debt-to-Equity Ratio	−18,51	−7,9	−0
Operating Profit Margin	−11,26 %	−308,15 %	-
Current Ratio	0,6	0,24	0,01
Quick Ratio	0,6	0,24	0,01
Equity Ratio	−0,04	−0,06	−0,04
Gross Profit Margin	100 %	100 %	-