FJORD GLIDING AS

5210 OS

Finances

Share Ownership

Return on Equity

−1 233,33 %

Current Ratio

0,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	207 000	169 000	51 000
Net Income	−259 000	−242 000	−83 000
Total Assets	3 653 000	4 122 000	225 000
Total Equity	21 000	21 000	−61 000

Income (NOK)	2022	2021	2020
Revenue	207 000	169 000	51 000
Expenditure	467 000	451 000	134 000
Operating Profit	−260 000	−283 000	−83 000
Financial Income	2 000	0	0
Financial Costs	75 000	51 000	0
Financial Balance	−73 000	−51 000	0
Earnings Before Tax	−332 000	−334 000	−83 000
Tax	−73 000	−92 000	0
Net Income	−259 000	−242 000	−83 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 894 000	2 158 000	148 000
Total Current Assets	1 759 000	1 964 000	78 000
Total Assets	3 653 000	4 122 000	225 000
Total Retained Equity	−259 000	−325 000	−83 000
Total Equity	21 000	21 000	−61 000
Total Long-Term Debt	0	0	0
Total Current Debt	3 632 000	4 101 000	287 000
Total Equity and Debt	3 653 000	4 122 000	225 000

Cash flow (NOK)	2022	2021	2020
Sales Income	207 000	169 000	51 000
Other Income	0	0	0
Revenue	207 000	169 000	51 000
Cost of Goods Sold	27 000	10 000	47 000
Salary Costs	0	0	0
Depreciation	264 000	302 000	0
Impairment	0	0	0
Expenditure	467 000	451 000	134 000
Operating Profit	−260 000	−283 000	−83 000
Financial Income	2 000	0	0
Financial Costs	75 000	51 000	0
Financial Balance	−73 000	−51 000	0
Dividends	0	0	0
Net Income	−259 000	−242 000	−83 000

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	1 894 000	2 158 000	148 000
Fixtures	0	0	0
Total Tangible Assets	1 894 000	2 158 000	148 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 894 000	2 158 000	148 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 406 000	1 537 000	56 000
Total Current Assets	1 759 000	1 964 000	78 000
Total Assets	3 653 000	4 122 000	225 000
Total Equity	21 000	21 000	−61 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	22 000	5 000	6 000
Unpaid Taxes	4 000	3 000	0
Dividends	0	0	0
Other Current Debt	3 606 000	4 093 000	281 000
Total Current Debt	3 632 000	4 101 000	287 000
Total Equity and Debt	3 653 000	4 122 000	225 000

Financial indicators	2022	2021	2020
Return on Equity	−1 233,33 %	−1 152,38 %	136,07 %
Debt-to-Equity Ratio	0	0	−0
Operating Profit Margin	−125,6 %	−167,46 %	−162,75 %
Current Ratio	0,48	0,48	0,27
Quick Ratio	0,48	0,48	0,27
Equity Ratio	0,01	0,01	−0,27
Gross Profit Margin	86,96 %	94,08 %	7,84 %