FJELDBERG WESTERLIN AS

0257 OSLO

Finances

Return on Equity

100,15 %

Current Ratio

3,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	6 517 000	2 363 000	2 493 000
Net Income	2 065 000	−134 000	100 000
Total Assets	2 871 000	318 000	200 000
Total Equity	2 062 000	−3 000	130 000

Income (NOK)	2022	2021	2020
Revenue	6 517 000	2 363 000	2 493 000
Expenditure	4 236 000	2 494 000	2 328 000
Operating Profit	2 280 000	−131 000	167 000
Financial Income	329 000	2 000	2 000
Financial Costs	4 000	5 000	25 000
Financial Balance	325 000	−3 000	−23 000
Earnings Before Tax	2 605 000	−134 000	144 000
Tax	540 000	0	44 000
Net Income	2 065 000	−134 000	100 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	330 000	49 000	18 000
Total Current Assets	2 541 000	269 000	182 000
Total Assets	2 871 000	318 000	200 000
Total Retained Equity	2 032 000	−33 000	100 000
Total Equity	2 062 000	−3 000	130 000
Total Long-Term Debt	0	29 000	0
Total Current Debt	809 000	293 000	70 000
Total Equity and Debt	2 871 000	318 000	200 000

Cash flow (NOK)	2022	2021	2020
Sales Income	6 517 000	2 363 000	2 493 000
Other Income	0	0	0
Revenue	6 517 000	2 363 000	2 493 000
Cost of Goods Sold	466 000	462 000	601 000
Salary Costs	2 144 000	1 184 000	0
Depreciation	10 000	4 000	1 000
Impairment	0	0	0
Expenditure	4 236 000	2 494 000	2 328 000
Operating Profit	2 280 000	−131 000	167 000
Financial Income	329 000	2 000	2 000
Financial Costs	4 000	5 000	25 000
Financial Balance	325 000	−3 000	−23 000
Dividends	0	0	0
Net Income	2 065 000	−134 000	100 000

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	73 000	15 000	18 000
Total Tangible Assets	73 000	15 000	18 000
Total Fiancial Fixed Assets	257 000	35 000	0
Total Fixed Assets	330 000	49 000	18 000
Stock	0	0	0
Total Investments	80 000	0	0
Cash, Bank	1 567 000	198 000	13 000
Total Current Assets	2 541 000	269 000	182 000
Total Assets	2 871 000	318 000	200 000
Total Equity	2 062 000	−3 000	130 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	29 000	0
Creditors	10 000	25 000	11 000
Unpaid Taxes	221 000	152 000	15 000
Dividends	0	0	0
Other Current Debt	38 000	116 000	0
Total Current Debt	809 000	293 000	70 000
Total Equity and Debt	2 871 000	318 000	200 000

Financial indicators	2022	2021	2020
Return on Equity	100,15 %	4 466,67 %	76,92 %
Debt-to-Equity Ratio	0	−9,67	0
Operating Profit Margin	34,99 %	−5,54 %	6,7 %
Current Ratio	3,14	0,92	2,6
Quick Ratio	3,14	0,92	2,6
Equity Ratio	0,72	−0,01	0,65
Gross Profit Margin	92,85 %	80,45 %	75,89 %