FINO2 AS

9736 KARASJOK

Finances

Share Ownership

Return on Equity

90,48 %

Current Ratio

4,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 501 000	1 376 000	601 000
Net Income	618 000	538 000	177 000
Total Assets	863 000	870 000	526 000
Total Equity	683 000	665 000	197 000

Income (NOK)	2022	2021	2020
Revenue	1 501 000	1 376 000	601 000
Expenditure	770 000	686 000	376 000
Operating Profit	732 000	690 000	224 000
Financial Income	47 000	0	0
Financial Costs	0	1 000	0
Financial Balance	47 000	−1 000	0
Earnings Before Tax	779 000	689 000	224 000
Tax	161 000	152 000	47 000
Net Income	618 000	538 000	177 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	79 000	54 000	93 000
Total Current Assets	784 000	816 000	432 000
Total Assets	863 000	870 000	526 000
Total Retained Equity	664 000	645 000	177 000
Total Equity	683 000	665 000	197 000
Total Long-Term Debt	0	0	0
Total Current Debt	180 000	205 000	329 000
Total Equity and Debt	863 000	870 000	526 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 501 000	1 376 000	601 000
Other Income	0	0	0
Revenue	1 501 000	1 376 000	601 000
Cost of Goods Sold	0	0	0
Salary Costs	166 000	270 000	225 000
Depreciation	24 000	4 000	0
Impairment	0	0	0
Expenditure	770 000	686 000	376 000
Operating Profit	732 000	690 000	224 000
Financial Income	47 000	0	0
Financial Costs	0	1 000	0
Financial Balance	47 000	−1 000	0
Dividends	0	0	0
Net Income	618 000	538 000	177 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	6 000	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	11 000	14 000	0
Total Tangible Assets	11 000	14 000	0
Total Fiancial Fixed Assets	62 000	40 000	93 000
Total Fixed Assets	79 000	54 000	93 000
Stock	0	0	0
Total Investments	0	100 000	0
Cash, Bank	771 000	692 000	429 000
Total Current Assets	784 000	816 000	432 000
Total Assets	863 000	870 000	526 000
Total Equity	683 000	665 000	197 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	−22 000	−9 000	52 000
Unpaid Taxes	35 000	32 000	80 000
Dividends	0	0	0
Other Current Debt	−1 000	30 000	150 000
Total Current Debt	180 000	205 000	329 000
Total Equity and Debt	863 000	870 000	526 000

Financial indicators	2022	2021	2020
Return on Equity	90,48 %	80,9 %	89,85 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	48,77 %	50,15 %	37,27 %
Current Ratio	4,36	3,98	1,31
Quick Ratio	4,36	3,98	1,31
Equity Ratio	0,79	0,76	0,37
Gross Profit Margin	100 %	100 %	100 %