FIFTY5 AS

3269 LARVIK

Finances

Share Ownership

Return on Equity

24,31 %

Current Ratio

0,62

Debt-to-Equity Ratio

1,48

Key figures (NOK)	2022	2021	2020
Revenue	581 000	0	236 000
Net Income	274 000	−202 000	−520 000
Total Assets	3 306 000	1 096 000	31 000
Total Equity	1 127 000	853 000	−270 000

Income (NOK)	2022	2021	2020
Revenue	581 000	0	236 000
Expenditure	285 000	203 000	756 000
Operating Profit	296 000	−203 000	−521 000
Financial Income	2 000	1 000	1 000
Financial Costs	23 000	0	0
Financial Balance	−21 000	1 000	1 000
Earnings Before Tax	274 000	−202 000	−520 000
Tax	0	0	0
Net Income	274 000	−202 000	−520 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 989 000	1 019 000	0
Total Current Assets	316 000	77 000	31 000
Total Assets	3 306 000	1 096 000	31 000
Total Retained Equity	−448 000	−722 000	−520 000
Total Equity	1 127 000	853 000	−270 000
Total Long-Term Debt	1 670 000	3 000	102 000
Total Current Debt	508 000	241 000	199 000
Total Equity and Debt	3 306 000	1 096 000	31 000

Cash flow (NOK)	2022	2021	2020
Sales Income	31 000	0	236 000
Other Income	550 000	0	0
Revenue	581 000	0	236 000
Cost of Goods Sold	−6 000	0	0
Salary Costs	0	0	608 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	285 000	203 000	756 000
Operating Profit	296 000	−203 000	−521 000
Financial Income	2 000	1 000	1 000
Financial Costs	23 000	0	0
Financial Balance	−21 000	1 000	1 000
Dividends	0	0	0
Net Income	274 000	−202 000	−520 000

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	2 989 000	1 019 000	0
Total Tangible Assets	2 989 000	1 019 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	2 989 000	1 019 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	316 000	76 000	30 000
Total Current Assets	316 000	77 000	31 000
Total Assets	3 306 000	1 096 000	31 000
Total Equity	1 127 000	853 000	−270 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 670 000	3 000	102 000
Creditors	168 000	78 000	34 000
Unpaid Taxes	157 000	56 000	53 000
Dividends	0	0	0
Other Current Debt	184 000	106 000	111 000
Total Current Debt	508 000	241 000	199 000
Total Equity and Debt	3 306 000	1 096 000	31 000

Financial indicators	2022	2021	2020
Return on Equity	24,31 %	−23,68 %	192,59 %
Debt-to-Equity Ratio	1,48	0	−0,38
Operating Profit Margin	50,95 %	-	−220,76 %
Current Ratio	0,62	0,32	0,16
Quick Ratio	0,62	0,32	0,16
Equity Ratio	0,34	0,78	−8,71
Gross Profit Margin	101,03 %	-	100 %