FINSTUEN AS

2821 GJØVIK

Finances

Share Ownership

Return on Equity

144,98 %

Current Ratio

0,33

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	7 744 000	8 481 000	10 663 000
Net Income	−1 270 000	−388 000	167 000
Total Assets	520 000	1 222 000	1 952 000
Total Equity	−876 000	−116 000	271 000

Income (NOK)	2022	2021	2020
Revenue	7 744 000	8 481 000	10 663 000
Expenditure	8 935 000	8 958 000	10 429 000
Operating Profit	−1 190 000	−477 000	234 000
Financial Income	1 000	0	0
Financial Costs	4 000	8 000	2 000
Financial Balance	−3 000	−8 000	−2 000
Earnings Before Tax	−1 193 000	−485 000	232 000
Tax	76 000	−97 000	65 000
Net Income	−1 270 000	−388 000	167 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	59 000	485 000	843 000
Total Current Assets	461 000	737 000	1 109 000
Total Assets	520 000	1 222 000	1 952 000
Total Retained Equity	−980 000	−220 000	167 000
Total Equity	−876 000	−116 000	271 000
Total Long-Term Debt	0	0	25 000
Total Current Debt	1 396 000	1 338 000	1 656 000
Total Equity and Debt	520 000	1 222 000	1 952 000

Cash flow (NOK)	2022	2021	2020
Sales Income	7 965 000	8 296 000	10 663 000
Other Income	−221 000	186 000	0
Revenue	7 744 000	8 481 000	10 663 000
Cost of Goods Sold	6 079 000	6 164 000	8 635 000
Salary Costs	7 000	9 000	0
Depreciation	154 000	405 000	103 000
Impairment	260 000	0	0
Expenditure	8 935 000	8 958 000	10 429 000
Operating Profit	−1 190 000	−477 000	234 000
Financial Income	1 000	0	0
Financial Costs	4 000	8 000	2 000
Financial Balance	−3 000	−8 000	−2 000
Dividends	0	0	0
Net Income	−1 270 000	−388 000	167 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	76 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	59 000	409 000	843 000
Total Tangible Assets	59 000	409 000	843 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	59 000	485 000	843 000
Stock	16 000	202 000	16 000
Total Investments	0	0	0
Cash, Bank	244 000	181 000	59 000
Total Current Assets	461 000	737 000	1 109 000
Total Assets	520 000	1 222 000	1 952 000
Total Equity	−876 000	−116 000	271 000
Short-Term Group Debt	1 186 000	1 297 000	0
Total Long-Term Debt	0	0	25 000
Creditors	108 000	37 000	491 000
Unpaid Taxes	62 000	0	0
Dividends	0	0	0
Other Current Debt	40 000	0	1 125 000
Total Current Debt	1 396 000	1 338 000	1 656 000
Total Equity and Debt	520 000	1 222 000	1 952 000

Financial indicators	2022	2021	2020
Return on Equity	144,98 %	334,48 %	61,62 %
Debt-to-Equity Ratio	−0	−0	0,09
Operating Profit Margin	−15,37 %	−5,62 %	2,19 %
Current Ratio	0,33	0,55	0,67
Quick Ratio	0,33	0,65	0,68
Equity Ratio	−1,68	−0,09	0,14
Gross Profit Margin	21,5 %	27,32 %	19,02 %