FJORD UTVIKLING AS

0172 OSLO

Finances

Return on Equity

1,54 %

Current Ratio

12,17

Debt-to-Equity Ratio

4,78

Key figures (NOK)	2022	2021	2020
Revenue	594 000	914 000	1 019 000
Net Income	10 000	301 000	−106 000
Total Assets	4 034 000	1 443 000	643 000
Total Equity	650 000	640 000	339 000

Income (NOK)	2022	2021	2020
Revenue	594 000	914 000	1 019 000
Expenditure	559 000	548 000	1 006 000
Operating Profit	35 000	366 000	13 000
Financial Income	651 000	1 000	0
Financial Costs	655 000	0	119 000
Financial Balance	−4 000	1 000	−119 000
Earnings Before Tax	32 000	367 000	−106 000
Tax	22 000	66 000	0
Net Income	10 000	301 000	−106 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	687 000	65 000	65 000
Total Current Assets	3 347 000	1 378 000	578 000
Total Assets	4 034 000	1 443 000	643 000
Total Retained Equity	205 000	195 000	−106 000
Total Equity	650 000	640 000	339 000
Total Long-Term Debt	3 109 000	330 000	257 000
Total Current Debt	275 000	472 000	46 000
Total Equity and Debt	4 034 000	1 443 000	643 000

Cash flow (NOK)	2022	2021	2020
Sales Income	594 000	914 000	713 000
Other Income	0	0	306 000
Revenue	594 000	914 000	1 019 000
Cost of Goods Sold	508 000	489 000	717 000
Salary Costs	0	0	0
Depreciation	4 000	0	0
Impairment	0	0	0
Expenditure	559 000	548 000	1 006 000
Operating Profit	35 000	366 000	13 000
Financial Income	651 000	1 000	0
Financial Costs	655 000	0	119 000
Financial Balance	−4 000	1 000	−119 000
Dividends	0	0	0
Net Income	10 000	301 000	−106 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	43 000	0	0
Total Tangible Assets	43 000	0	0
Total Fiancial Fixed Assets	644 000	65 000	65 000
Total Fixed Assets	687 000	65 000	65 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	250 000	859 000	280 000
Total Current Assets	3 347 000	1 378 000	578 000
Total Assets	4 034 000	1 443 000	643 000
Total Equity	650 000	640 000	339 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	3 109 000	330 000	257 000
Creditors	229 000	365 000	0
Unpaid Taxes	25 000	41 000	0
Dividends	0	0	0
Other Current Debt	0	0	46 000
Total Current Debt	275 000	472 000	46 000
Total Equity and Debt	4 034 000	1 443 000	643 000

Financial indicators	2022	2021	2020
Return on Equity	1,54 %	47,03 %	−31,27 %
Debt-to-Equity Ratio	4,78	0,52	0,76
Operating Profit Margin	5,89 %	40,04 %	1,28 %
Current Ratio	12,17	2,92	12,57
Quick Ratio	12,17	2,92	12,57
Equity Ratio	0,16	0,44	0,53
Gross Profit Margin	14,48 %	46,5 %	29,64 %